Celestial Biolabs to launch 100% veg antibiotic for diabetes

New Delhi, Jan 12: Bio-pharmaceutical company Celestial Biolabs is set to launch an antibiotic product for the treatment of diabetes. 'The company is in the process of this natural sea based 100 percent vegetarian product tenatatively by April 2015,' Celestial Biolabs said in a filing to the BSE. (Read: Beat diabetes with these 7 foods (Gallery))

Earlier in 2013, the Hyderabad-based company launched its patented arthiritis management product, Cadalmin GAe. Celestial Biolabs is currently engaged in the business of manufacturing and sale of bio-pharmaceutical products. Shares of the company today closed at Rs 47.40 on the BSE, up 5.22 per cent from previous close. (Read: Medicines for diabetes types, side effects, drug interactions)

Source: PTI

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