Venus Remedies inaugurated 15 cr expansion project

Thebullishtrends: Venus Remedies share price closed today at Rs.537((2.27%). Venus Remedies Ltd has informed BSE that the Company has Inaugurated the Sixth and last phase of its INR 150 Crore expansion Project, its state of the art and hi-tech and elaborate Research facility, "Venus Medicine Research Centre" at its Baddi Campus on January 14, 2008.This new R&D Centre, which has been set up with an investment of approx. INR 250 million, is spread over 40,000 sq. feet built up area in the Baddi Campus of the Company. It is proposed to be driven by a team of 50 intellectuals, including 25 scientists, Pharmacists, Chemists, Analysts and technicians.