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Becton
Dickinson to invest $70m in India
The Indian unit of US-based
healthcare major, Becton Dickinson, would invest $ 30 million to
hike production at its plant in India, and said it was open to
acquiring healthcare companies in the country.
"We will make an
investment of $ 30 million for increasing production and making new
products at our Haryana plant.", Becton Dickinson India Ltd
(BDIL) MD Chandra Dutt Sharma said in an interview.
Sharma,
however, declined to give any time-frame for the investment.
"This will be in addition to the $ 70 million which we have
invested in the plant since 1997", he said.
The
fully automated plant located at Bawal (Haryana) manufactures
medical devices and diagnostic equipment and is one of the largest
medical device plants in Asia, he said. "We have been open to
it (acquisition). If anything comes worthwhile, we will consider it.
However, the market does not have many things," Sharma said
when asked whether Becton Dickinson would consider acquisitions of
domestic healthcare companies.
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Kopran
launches Smyle ear buds
The Rs.500 crore Kopran
Pharmaceuticals has extended its Smyle range of products with the
introduction of cotton buds. Kopran product manager, Vishal Pawar said
that though Johnson & Johnson is the market leader in the ear buds
category, consumers were looking for more and sturdy cotton on the
stick.
The Rs.50 crore ear bud
market is fast growing at the rate of 10 percent in India. In spite of
the fact that Johnson & Johnson owns 90 percent of the
marketshare, Smyle expects a sale of Rs.1 crore to the first year.
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PVC
Colouring Compounding & Processing (PVCL) Receives ISO 9001
PVC Colouring Compounding
& Processing (PVCL) started in 1985 to manufacture PVC Compound in
Ahmedabad, Gujarat State, India. After initial working in production
of PVC Compound for General Purpose and Medical Grade, since last few
years, the company is now actively involved in production of PVC
Compound for medial grade.
With a cliental list of
reputed medical devices companies, the Company has introduced a range
of medical grade PVC Compounds with 55 Shore A to 85 Shore D hardness
with excellent color, stability, processability & consistency. The
Company has also introduced Speciality Polymer blends. PVCL is
recently certified as an ISO 9001 company for design, development,
manufacturing & supply of PVC compound & PVC film by a very
prestigious agency Bureau Veritas Quality International (BVQI),
London.
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