Sharon Bio-Medicine Ltd. said its Toxicology Laboratory namely SA-FORD, which is approved by Organization of Economic Development and Cooperation (OECD) countries, has also got the approval from Senasa, a Toxicology approval authority of Govt of Argentina.
With this approval, the company can do toxicology studies of various chemicals, including agricultural products of Argentine companies and Govt. bodies.
In future, company management will try to get more and more Toxicology Study approvals from other countries so as to boost the revenue of the company, it said.
The company's Toxicology Laboratories is an independent cost centre and is approved by Department of Science & Technology, Govt of India. Govt. of India has approved Good Laboratory Certificate to SA-FORD, which is valid as per OECD Countries - GLP. studies.
AT the BSE, Sharon Bio-Medicine shares are currently trading at Rs.340.25, up 0.16 percent from the previous close.
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