Corning And SGD Pharma Announce Joint Venture To Open New Glass Tubing Facility And Expand Access To Corning Velocity Vial Technology In India
Portfolio Pulse from Benzinga Newsdesk
Corning and SGD Pharma have announced a joint venture to open a new glass tubing facility in India, expanding access to Corning's Velocity Vial technology in the country.

June 08, 2023 | 12:36 pm
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Corning's joint venture with SGD Pharma to open a new glass tubing facility in India may boost its revenues and market presence in the region.
The joint venture between Corning and SGD Pharma will open a new glass tubing facility in India, which will expand access to Corning's Velocity Vial technology. This expansion can potentially increase Corning's revenues and strengthen its market presence in the region, leading to a positive short-term impact on its stock price.
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