Laurus Labs Limited has announced that a Joint Venture Company named KRKA Pharma Private Limited. The JV Company got incorporated in India effective April 12, 2024 pursuant to the joint venture agreement dated January 25, 2024 between Laurus Labs Limited and KRKA, an international generic pharmaceutical company in Novo Mesto, Slovenia.

In this JV Company, KRKA holds 51% and Laurus Labs holds 49% shareholding.