Pharmabiz
 

KLM Cargo, OPG Group JV to widen Euro-market for Indian Cos

Our Bureau, MumbaiSaturday, August 7, 2004, 08:00 Hrs  [IST]

The KLM Cargo, which provides air transport services, has joined with OPG Group, a multinational retailer and distributor of pharmaceuticals and medical supplies, offering Indian companies an integrated solution to rapidly start up or expand their business in Europe. By managing the entire supply chain, from registration and initial shipment until products reach end customers, KLM/OPG lets companies focus on their core business while minimising costs and maximising operational effectiveness, an official release said. The partnership's base in the Netherlands -the country renowned for its flexible tax regime and attractive logistical and distribution networks, with two of Europe's key cargo airports -helps for fine distribution than any other country in Europe, the release says. With shipments to and from some 200 destinations in 80 countries, KLM Cargo could provide on-time delivery in perfect condition and in full compliance with the complex transport regulations and increasingly stringent controls imposed by regulatory bodies, claims the release. Its main hub at Schiphol offers direct access from and to the most important trading areas in Europe. KLM Cargo has been active as a carrier for pharmaceutical cargo out of India since the 1980s, servicing customers such as Ranbaxy, Dr. Reddy's, Serum Institute, Cipla and Wockhardt. Key OPG Group players in the venture are Red Swan Pharma Logistics and RegiLabs. Red Swan arranges the receipt, storage and distribution of medicines and other medical supplies to pharmaceutical wholesalers, pharmacists, hospitals, dispensing physicians and chemists while RegiLabs offers extensive tests of raw materials and end products to support batch release and end product registration, ensuring compliance with the European Pharmacopoeia (EP), the British Pharmacopoeia (BP) or the United States Pharmacopoeia (USP), the release added.

 
[Close]