Omnicare Drugs India Pvt. Ltd. and Aska Pharmaceuticals Co. Ltd. have entered into an agreement to establish a joint venture (JV) to manufacture and market pharmaceuticals. The JV company will be based in India. The JV company will be established at JN Pharma City, Visakhapatnam, at an investment of INR 3,500 million. The unit, to be operational by 2020, will manufacture oral solid dosage forms, oral liquids and topical preparations, and will have a peak capacity to manufacture three billion tablets a year.