Ranbaxy signs licence deal with S. Korean firm

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BANGALORE, Sept 17 | Thu Sep 17, 2009 2:06am EDT

BANGALORE, Sept 17 (Reuters) - Indian drug maker Ranbaxy Laboratories Ltd (RANB.BO) said on Thursday it had entered into a licensing agreement with South Korean firm Medy-Tox Inc for selling a cosmetic product in India. Ranbaxy will launch Medy-Tox's anti-ageing medicine Neuronox in India to boost its presence in the dermatological segment, said a company statement. (Reporting by Sumeet Chatterjee; Editing by John Mair)

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