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IND SWIFT LABORATORIES LTDIND SWIFT LABORATORIES LTDIND SWIFT LABORATORIES LTD

IND SWIFT LABORATORIES LTD

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INDSWFTLAB trade ideas

good potential companyInd-Swift Laboratories is a part of the Ind-swift Group and is based at Chandigarh, India. It has been promoted by Ind-Swift Limited in a joint venture with the Punjab State Industrial Development Corporation Limited (PSIDC). The group has established a strong reputation as innovators in the Indian pharmaceutical industry. Ind-Swift Laboratories Ltd. went public in 1997 and concentrated on the manufacturing of Active Pharmaceutical Ingredients (API). Its strength in organic synthetic chemistry resulted in the company emerging as the pioneer for a number of products both in the national and international markets. As the company built up vast skills in the area of research and development, quality systems as well as matters relating to regulatory compliance, it began establishing a presence in the highly regulated markets of the world. To leverage its quality commitment, the Company has drawn out a long term strategy of emerging as a powerful force in the regulated markets as drugs worth over US$ 80 billion goes off patent during this decade. Product range of the company include: Macrolide antibiotics Cardiovascular Anti histamine Anti diabetic Analgesic Aromatase inhibtors Anti depressant Alcohol absistence MANUFACTURING Manufacturing Facilities 1,50,000 sq. ft. covered area 5 Dedicated Blocks operating as per US FDA guidelines. 132 Stainless Steel and Glass Lined Reaction Vessels with capacities ranging from 50 to 6000 liters. (Total Volume 245 kilo liters) 3 Automated Fluidized Bed Coaters with capacity of manufacturing 3 MT of Granules per month. cGMP Pilot Plant having 7 reaction vessels with capacities ranging from 250 to 1000 liters. (Total Volume 3.63 kilo liters) Fully Automated Solvent Recovery System Biological Waste Water Treatment Plant Future plans While development of new molecules will remain its core activity in the post patent era the Company will also focus on alternate and non-infringing routes for the drugs whose patent will expire in coming years. To enter the regulated markets like USA, EU, Australia, and New Zealand, the company is focusing on getting its manufacturing plant approved by regulatory agencies like USFDA, TGA and MCA. A new R&D Center with investment of $ 5 Million is already planned in Mohali with a focus to develop NCEs.
NSE:INDSWFTLABLong
by Tradernawab
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