Ankur Drugs sells Himachal Pradesh facility to Akums Drugs
The planned capacities of the new facility are 6 billion tablets and 90 million units of oral liquids per annum.;
New Delhi: Leading contract research and manufacturing firm Akums Drugs & Pharmaceuticals on Wednesday said it has acquired a manufacturing facility in Himachal Pradesh in order to ramp up its production capacity.
The Delhi-based company has acquired the plant, which is one of the largest in the country, from Ankur Drugs and Pharma.
The acquisition will help Akums to enhance production capacity for general oral tablets and oral liquids.
The planned capacities of the new facility are 6 billion tablets and 90 million units of oral liquids per annum.
The plant is expected to be fully operational by the end of this year, the company stated without disclosing the financial details.
''We, at Akums, are already leading the market in many areas and, hence, we also know there is so much yet to be done. With this new facility in Nalagarh in Solan, Himachal Pradesh, we are trying to bridge some more capacity gaps in the pharma industry,'' Akums Drugs & Pharmaceuticals Founder and Director Sandeep Jain said in a statement.
Read also: Akums Drugs Montelukast Sodium, Bilastine FDC gets CDSCO panel okay for phase 3 trial
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.