WHO GMP Approved Pharma Company open for JV

About Business

Injectable Pharmaceutical formulations. The company develops Simple and Complex sterile liquid injectable formulations for the global market. Apart from developing products for the product portfolio; they take up Contract Research and Development projects as per the customer’s Requirement.

The unit manufactures Sterile Liquid Injectable, Narcotic Analgesics, Antipsychotics, Antifibrinolytic agent, Anaesthetics, Steroids, Cardiovascular Drugs, CNS stimulant, Neuroprotective Agent, Anti Hypertensive and more.

Clientele type

Pharma Companies
The company also provides contract manufacturing services to esteem and ambitious National and Multinational partners.

Premises

The plant is spanned in the plot area of 3500 Sq meters, The building is well constructed and has all the necessary utilities and ultra-modern machinery to cater the production capability and capacity.
The manufacturing site is designed as “ Zero Liquid Discharge Unit”
The unit is Capable of Manufacturing aseptically filled and terminally sterilized products. The Filling line is capable of dispense 0.5 to 10 ml.
The company has a well-equipped lab and isolated personnel entries for Warehouse, Production areas and Packaging areas

Asking Price Includes

This is a JV opportunity

Asking Price

INR 10.00 Cr

Minimum ticket size

INR 10.00 Cr

Reason

For business development and additional capacity building, the stake will be 9.09% in 10 Cr and 16.67% for 20 Cr

More Details

The company was incorporated in the year 2012 as a Pharmaceutical intermediates trading company and then ventured to diversify into Injectable Pharmaceutical formulations.

For the year 19-20, the turnover was INR 14.5 Cr. The current capacity is average 85 Lac Ampoules per Month. Filed 32 dossiers in Uzbekistan, Bolivia, Costa Rica, Myanmar, Republic of Guinea, Kyrgyzstan, Turkmenistan with direct or through the merchant

Plant Approvals:
- Ethiopia: Plant Approved, Dossier Under registration
- Kenya: Plant approved, waiting for a registration certificate
- Tanzania: Fees Paid waiting for audit dates
- Uganda: Fees Paid waiting for audit dates
- Nigeria: Applied for registration but no updates
- Sudan: Applied for registration
- Ecuador: 3 products under registration
- Liberia : Doing commercial business
- Bolivia: 4 products registered and doing commercials
- DR Congo: products registered and doing commercials
- Cambodia: 3 products under registration
- Peru: 6 products registered doing commercials
- Bhutan: Doing one product commercially
- Uzbekistan: 4 products registered doing commercials
- Myanmar: 6 product under registration
- Philippines: Audit expected in 2-3 months
- Nepal: One product under registration
- Cameroon: dossier ready filing soon
- Tajikistan : One product under registration
- Sri Lanka: Applied for plant approval
- Malaysia: In talks with one party to sponsor audit next year
- Croatia : Filing for HALMED, Croatia (EU GMP), pre audit on 24-27 March 2020.

Open for a Joint venture to grow the business.