Source :FEN Global:7th Dec 2010
India’s leading manufacturer and marketer of sterile liquids pharmaceutical dosages, Marck Biosciences, has acquired a large volume injectible facility of Goa-based Ravish Infusion.
The pharmaceutical manufacturer will step up its manufacturing capacity for large volume injectibles by over 33% by March 2011.
The assets were acquired for a total sum of Rs. 547 Lakhs under auction process from Debt Recovery Tribunal II, Mumbai.
Marck has also signed an MoU with Coimbatore based Paragon Steels for the purchase of its injectibles equipment for Rs. 150 Lakhs.
The company is expected to set up these equipments at the Goa facility.
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