Anuh Pharma receives WHO pre-qualification for Sulfadoxine
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Anuh Pharma, the manufacturers of Macrolides and Anti-TB products in India has recently confirmed that the company has received a pre-qualification for the product Sulfadoxine from WHO. After the news confirmation, the stock price of the company surged at Rs 320 from Rs 311.90 at BSE.
As reported by moneycontrol.com, it already received approval for Sulphadoxine in Europe for veterinary use. "This will open an opportunity of about 150-200 metric tonne per year," said Anuh MD Bipin Shah, adding that he expects revenues of USD 5 million on an annual basis from the product. The company will be export the product to Europe as well as several other countries around the globe.
As reported by moneycontrol.com, it already received approval for Sulphadoxine in Europe for veterinary use. "This will open an opportunity of about 150-200 metric tonne per year," said Anuh MD Bipin Shah, adding that he expects revenues of USD 5 million on an annual basis from the product. The company will be export the product to Europe as well as several other countries around the globe.
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