IFC to Fund Granules India Expansion Programme

Granules India, a leading Contract Manufacturing Organization supplying high volume Active Pharmaceutical Ingredients (APIs) and Pharmaceutical Formulation Intermediates (PFIs) is planning to take up an expansion programme. The project involves
* setting up a 6 billion per annum multi-product tableting plant;
* setting up a 3,600 TPA paracetamol API plant;
* installing an additional 3,600TPA of [...]

Promed plans Pharma unit in HP

Promed Exports plans new pharmaceuticals unit at Nalagra in HP. The project involves setting up a unit with an installed capacity of 90 million units/year to manufacture multi-dose ophthalmic, respiratory solutions, injectables, and nasal and eardrops. The project is estimated to cost Rs.600 million. As of April 2007, the project is in the initial stages.
Promed [...]

Biocon Plans Insulin Unit in AP

Biocon is planning to set up a insulin making unit at Visakhapatnam in AP. Govt of AP has recently allotted about 50 acres of land in Ramky Pharmacity, an SEZ for Pharma industries, for setting up the unit. The greenfield Visakhapatnam plant will be larger than the two older Bangalore plants; it will produce some [...]