| Indoco Remedies acquires a manufacturing facility Capital Market September 21, 2016 Last Updated at 11:41 IST |
At Baddi, Himchal Pradesh Indoco Remedies has acquired the manufacturing
facility located at Baddi of Micro Labs (a Bangalore based Company). The facility is spread over an area of 18000 sq.mt,
out of which 11,000 sq.mt. is the build up area. It produces 4.3 million tablets and 50 million capsules p.a.
With this acquisition, Indoco will now have 6 facilities for finished dosages and 3 for APIs. Out of these, 3 facilities
for finished dosages, including sterile plant and 2 facilities for API manufacturing are USFDA approved. |
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