JB Chemical to concentrate on CRAMS Business

JB Chemicals , that has sold many over-the-counter brands in Russia to Johnson & Johnson , can currently specialize in its contract analysis and producing services ( CRAMS )) business, a senior official told a conference decision on Wednesday. On Tuesday, Johnson & Johnson agreed to shop for Rinza, Russia's leading multi-symptom cough and cold whole, and Doktor Mom, Russia's No. a pair of cough whole, for regarding $260 million because it expands into rising markets. JB Chemicals, that has transferred thirty five % of its overall sales to a Johnson & Johnson affiliate, can got to pay 21-22 % tax on a part of the deal worth, President Pranabh Mody said.