Navigation Links
Dutch Pharma Firm to Invest $500 mn in India

DSM Anti-Infectives, a $20 billion pharma firm based in the Netherlands, Wednesday said it would invest $500 million in India and hoped to capture a 10 percent share of the// country's antibiotics market.

"We are continuously exploring opportunities to invest in India. Currently, our sales in India is $100 million per annum," said company president Gerard Reuver, launching a new penicillin-based antibiotic, Purimox, in the country.

"We plan to invest half a billion dollars in various other innovations," he said here at the opening of a new manufacturing plant to produce Purimox that is used to manufacture a variety of drugs.

The facility was inaugurated by the Netherlands Ambassador to India Eric F. CH. Niehe and Punjab's Minister for Technical Education R.C. Dogra.

N.V. Ramanna, vice president of the Dutch company, said the present size of the plant was 2,000 tonnes and would be expanded soon by another 3,000 tonnes. "We plan to achieve a market share of 10 percent in the antibiotic market this fiscal."

A company official said Purimox produces amoxicillin using an enzymatic route and does not use solvents, which leads to a product of higher purity.

(Source: IANS)
'"/>




Page: 1

Related medicine news :

1. Dutch chemical group Akzo Nobel Develops A New Bird Flu Vaccine
2. Dutch farm in the blues after an attack by the Bluetongue virus
3. Should the UK Adopt Dutch Rules on Euthanasia in Newborn Babies?
4. Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries
5. Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries
6. Pharma cos must forge Strategic alliances
7. Medicis Pharmaceutical company enters pediatric market
8. Pharma majors gear to supply anti-anthrax drug
9. Pharmacies in for a dose of bitter medicine
10. Andhra Pradesh to set up Pharma City
11. Sun Pharma to launch chiral version of omeprazole soon
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/27/2017)... ... ... Harbour , a DAO (decentralized autonomous organization) that harnesses the wisdom of ... technical specifications . , 2017 has seen an explosion of token launches by blockchain ... will garner the greatest ROI. Dean Eigenmann, Co-founder and CEO of Harbour, said, “We ...
(Date:6/27/2017)... ... June 27, 2017 , ... From June 20-22, EarQ and Widex ... Syracuse, New York, where EarQ is headquartered. , Together, the organizations educate hearing ... today’s savvy consumer, and the latest in hearing technology. At the event, EarQ ...
(Date:6/27/2017)... ... June 27, 2017 , ... PR ... an upcoming case studies guidebook. This guidebook offers an excellent branding and exposure ... include articles, case studies and how-to’s that fall into the following categories:, ...
(Date:6/27/2017)... (PRWEB) , ... June 27, 2017 , ... Hammer Strength, ... Association (NBSCA) have named Javair Gillett of the Houston Rockets the NBSCA Strength & ... the award is decided by NBSCA members who vote to select the coach who ...
(Date:6/27/2017)... ... June 27, 2017 , ... Children’s National Health System ... rankings, with its Neonatology program ranking #1 out of more than 1500 neonatal ... to the coveted Honor Roll, a distinction given to the top performing children’s hospitals ...
Breaking Medicine News(10 mins):
(Date:6/19/2017)... 2017  Researchers from DRUGSCAN ® and INC ... a live, complimentary webinar titled, "Untangling methods to tamper ... real world" on Wednesday June 28, 2017 from 12:00 ... webinar will feature interviews with recreational and dependent prescription ... techniques abusers use to prepare opioid tablets for routes ...
(Date:6/14/2017)... , June 14, 2017 The Bio ... City of Fremont and the ... the bio-pharma industry in California ... enabling executive networking, and fostering workforce development. The primary ... and growth of start-ups, as well as small and ...
(Date:6/11/2017)... , June 10, 2017  Eli Lilly and Company ... from three Phase 3 studies of galcanezumab, an investigational ... including late-breaking data on several key secondary endpoints for ... results from these studies (EVOLVE-1, EVOLVE-2 and REGAIN) will ... annual scientific meeting in Boston . ...
Breaking Medicine Technology: