Current Date: 21 Nov, 2024

VSN Laboratories Unit III Plans Bulk Drugs and Intermediates in Andhra Pradesh

VSN Laboratories Private Limited is proposing to establish a bulk drugs & drug intermediates manufacturing unit at Plot No.31 and 32, Industrial park, Tirumalagiri(V), Jaggaiahpeta, Krishna (D) Andhra Pradesh. 

The proposed unit will have a total area of 0.95 acres and an estimated cost of 17.6 crores. The unit is expected to manufacture a range of bulk drugs and drug intermediates for the pharmaceutical industry.

 Inexpensive medications Bulk pharmaceuticals and intermediates are needed to make inexpensive drugs. Increased availability of these materials may help make vital medications more inexpensive worldwide. Improved drug quality Bulk medicines and intermediates are crucial. High-quality materials assist assure medicine safety and efficacy. Imported bulk pharmaceuticals and intermediates reduce dependence on foreign sources. Increased manufacturing of these components may minimize our dependence on foreign sources and enhance our pharmaceutical sector. Economic boost Bulk drug and intermediate manufacture is important. In increasing this business, we can generate employment and enhance the economy.

As on November 2023, The project is now in the stage of construction being started. The completion of the project's work has reached the 30% mark. The work on the project will be finished by December of 2024.  

News by Rahul Yelligetti

Source : Projxnews