Financial Daily from THE HINDU group of publications
Wednesday, Aug 03, 2005


News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate - Overseas Investments


Ranbaxy commissions new Malaysia facility

Our Bureau

New Delhi , Aug 2

RANBAXY Malaysia Sdn. Bhd (RMSB), a subsidiary of Ranbaxy Laboratories Ltd, has commissioned its new manufacturing facility in Sungai Petani, Kedah, Malaysia.

This unit is expected to enhance the company's manufacturing capabilities in Malaysia. The plant will meet the growing demand for generic and branded medicines in the local markets and will also position RMSB as a significant supplier of formulations for the ASEAN region.

In a company statement, Dr Brian W. Tempest, CEO, Ranbaxy, said that the new facility will help to expand and consolidate its presence in the region. RMSB will also be using the facility to manufacture products for supply to other Ranbaxy subsidiaries and operations within the ASEAN region.

Ranbaxy had entered Malaysia in 1983 through a joint venture. In 1987, it set up a dosage forms manufacturing unit in Sungai Petani,Kedah, Malaysia, to cater to the growing needs of the local market as well as the market in Singapore. Subsequently, in October 2002 RMSB became a wholly owned subsidiary of RLL, India.

RMSB has a range of products as well as marketing collaborations with Schwarz Pharma (Germany), Desitin (Germany), Pharmascience (Canada), Almirall Prodesfarma (Spain), to promote their brands in Malaysia and Singapore. It is also the only facility in Malaysia that manufactures HIV/ARV medicines.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
ONGC may have to invest Rs 600 cr to rebuild Bombay High


NMDC declares record dividend
ACC launches mobile concrete testing unit
Wockhardt gets US FDA nod for antibiotic drug
Bhagyanagar Metals bags BSNL order
Aurobindo chief converts warrants
Jubilant pref allotment
HEG issues $28.75 m FCCBs
`Corporate India must see tax as board level issue'
NGO fund for rehabilitating tribals hit by Posco project
Ranbaxy commissions new Malaysia facility
L&T plans to set up switchgear unit in China
RBI nod not needed for appointing foreign nationals on co boards
Relisys pact for clinical trials
Innosoft plans to shift focus from IT to infrastructure
Bajaj Auto sales up 5.4 pc in July
Hyundai sales skid in July
TVS Motor sales rev up
Provogue promoter arrested on drug charge


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line