UAE, Japan pharma majors to set up manufacturing plant in Vizag
Hyderabad, April 26: Omnicare Drugs India Pvt Ltd, a 100 per cent subsidiary of the UAE's largest pharmaceutical manufacturer Neopharma LLC, and ASKA Pharmaceuticals Co, a top pharma brand in Japan, will jointly set up a manufacturing facility in Visakhapatnam.
The two companies on Thursday announced entering into an agreement to establish a joint venture (JV) in India for the purpose of manufacturing and marketing of pharmaceuticals to global market.
The focus of this state-of-the-art facility, which will come up by 2020 at the cost of Rs 350 crore, will be to manufacture oral solid dosage forms, oral liquids and topical preparations. It will have a peak capacity to manufacture 3 billion tablets a year, said a statement.
Neopharma and ASKA Pharma will be taking accreditation from all the major global health regulatory bodies.
The manufacturing plant under this JV agreement will be based at JN Pharma City in Andhra Pradesh's Visakhapatnam. The project will go on floor next month while the operations are likely to start by 2020.
The focus will be to manufacture products targeting chronic therapies in cardiovascular diseases, central nervous system and diabetes along with other drugs from key therapeutic classes targeting Japan and world market.
"The partnership will enable us to transfer skills and knowledge locally," said B.R. Shetty, Neopharma Founder and Chairman.
N. Suresh Kumar, Neopharma COO, said: "We are entering into a strategic relationship with ASKA Pharmaceuticals to accelerate growth in regulated markets of the US and the European Union and in the emerging markets Africa and Asia."
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Malpe: Mother of newborn found dead in toilet identified by police; legal action to be taken: SP
Udupi: Superintendent of Police Dr. K Arun has said that police have identified the mother of the newborn child whose corpse was found in a toilet in Malpe and that legal action will be taken against the woman.
The senior officer said that the corpse was found in the toilet at a building near the Jamia Masjid at Malpe Junction on Monday, April 14. In addition, blood stains were seen on the walls of the toilet. Malpe Police had booked a case in the matter based on a complaint filed by the Masjid board.
The team that investigated the matter has now identified the mother as Afreena, a local resident, the officer added.
The woman has told the police that she has one child. Although she opted for an abortion when she was around seven months into pregnancy for her second child, she failed to get medical help to do so. She then tried to abort the child herself and, suffering from intense pain in the stomach, she delivered her second child in the toilet near the mosque. The woman has stated further that she abandoned the newborn child there and left, the SP said.
The woman is currently under treatment in a hospital but will face the law once she is discharged, Dr. Arun added.
The Police Superintendent has said that audio clips are being shared on social media, allegedly stating that the child belongs to other people. Social media users are asked not to spread false information in this manner, he said and warned that legal action will also be taken people who provide such false information.
