Granules India signs outsourcing deal with Matchland Pvt Ltd

Saturday, March 17, 2007, 11:01 [IST]

Hyderabad, Mar 5 (UNI) Granules India, a leading pharmaceutical formulation intermediates company with complete vertical integration, today announced that it had entered into an outsourcing agreement with Matchland Private Limited, trading in the name of New Products Development.

Under the agreement, New Products Development would outsource its finished dosage manufacturing requirement to Granules India for the Australian market.

Granules India Managing Director C Krishna Prasad said, ''We are planning to use our Therapeutic Goods Administration (TGA) approved pilot manufacturing capabilites to kickstart the manufacturing as soon as possible.'' Five products have been identified for the initial manufacturing and this list is expected to grow as the relationship progresses, he said.

UNI

Topics: BUSINESS-AP-GRANULES

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