Healthcare | October 13, 2021
Supreem Pharma launches its superfoods division
It has planned an investment of over Rs 80 crore in the next five years
It has planned an investment of over Rs 80 crore in the next five years
This new lyophilizer is equipped with systems to best protect high value Active Pharmaceutical Ingredients (APIs) and doubles the lyophilization capacity at the site
They enter into exclusive negotiations in a new drive to create a technology-driven leader for complex small molecules and ADCs of global scale
A long waiting period for critical equipment and a 50% hike in the cost of APIs imported from China are among the immediate challenges
The revenues and profits derived from the new subsidiary will be consolidated in the parent company
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The company aims to continue its expansion via organic and inorganic routes to increase production capacity and product portfolio
Domestic business was up 41.9% YoY and 27.7% QoQ
Anti-malaria API facility will be operational in 15-18 months
Ibuprofen and Famotidine Tablets is an AB-rated generic therapeutic equivalent version of Horizon Medicines LLC’s Duexis Tablets, 800 mg/26.6 mg
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