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Marck Biosciences Plans Global Expansion
Aimed to achieve the target turnover of Rs 100 crore in 2007-08, the
Ahmedabad-based Marck Biosciences Ltd, a leading manufacturer of parenterals,
said the company would expand its presence in global markets. As per the plan,
the company will apply for registration to market its products in regulated
markets like South East Asia, North and South America, Europe and Australia.
"We are focussing on a dual pronged strategy of market expansion and leveraging
the large CRAM opportunity to grow exponentially in the coming years. We plan to
launch our products in more international markets and explore opportunities with
pharma companies looking to outsource their manufacturing to India to companies
with a portfolio of quality products and a world class manufacturing facility."
said Bhavesh Patel, MD, Marck Biosciences.
Marck is targeting to emerge as the third largest parenterals company in India
and have invested Rs 72 cr at the existing manufacturing facility in Gujarat to
increase its production capacity to 230 mn units of small volume parenterals and
61 mn units of large volume parenterals.
(Ref: The Chronicle Pharmabiz Dated July 5, 2007)
Alkem Lab Enters Into Licensing Agreement
With Cooper Surgicals
Alkem Laboratories has entered into a licensing agreement with Cooper Surgicals,
a business unit of the Cooper Companies, Inc., for the medscanc cytobrushes for
women's healthcare markets. Cooper Surgicals is a growing speciality medical
products unit serving the medical fraternity with high quality products and
services. The company will be further fortifying the relationship with Cooper
surgicals by expanding the range of products in other healthcare segment.
Alkem has made a foray into the emerging preventive care arena with this
partnership. Cytomed the SBU of Alkem Labs Ltd, which has been in the forefront
of spreading awareness about cancer prevention and early detection, will be
commercialising the Cooper surgical range of products in India.
The initial range of Medscand cytobrushes licensed to Alkem includes Cytobrush
Plus Gentle touch and Medschand Pap Perfect spatula range of Easy Spec.
Cytobrush Plus Gentle touch is an endocervical cell collector for Chlamydia, HPV
and other STD detection, which is proven safe and effective in more than 150
studies.
(Ref: The Chronicle Pharmabiz Dated July 12, 2007).
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