The contract award from the U.S. Department of Defense (DoD), on behalf of the U.S. Department of Health and Human Services, is part of an effort to ensure secure local supply and production capacity for critical products for pandemic preparedness
Intox is a GLP certified pre-clinical contract research organization with its test facilities in Pune
The total cost of the project is estimated at Rs 30 crore
The consideration for the acquisition is US $ 2.25 million
The company has enabled a transformation across three core areas with an investment target of US $ 150 million
The order strengthens the company’s position in the East African market
The acquisition was expected to be completed in eight weeks, and it would have provided it with a foothold in the US $ 48 billion global animal health market
The acquisition will provide it with a foothold in the US $ 48 billion global animal health market
The sales of vaccines have registered a growth of 41% in Q1 FY22, and the sale of health products have registered a growth of 94% in Q1 FY22.
The company has already embarked upon significant expansion in Turkey
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