Pharmabiz
 

7Chemicals wins $ 1m deal for contract mfg

Our Bureau, MumbaiWednesday, October 13, 2004, 08:00 Hrs  [IST]

7Chemicals, an Ahmedabad-based exporter of pharmaceuticals raw material, finished formulation & chemicals, has signed USD1million deal with overseas companies to do contract manufacturing for anti-TB, anti cancer & injectables. The pharmaceutical firms which 7Chemicals entered pact with include Marus, Russia, Saporti, Argentina, Pharmatech GMBH, Germany and Galena, Brasile. Recently, OOO Emarus, a Moscow-based pharma company and a few leading pharmaceuticals distributors in Argentina & Brasil had appointed 7Chemicals as exclusive sourcing agent in India. 7Chemicals is into manufacturing a wide range of APIs and formulations like artemisinin albendazole, amlodpine besylate, ampicillin, azithromycin, alprazolam, cephalaosporins, as well as statins and enzymes, anti-diabetics, anti-cancer, anti-asthmatics, steroids etc. The company has been working with Indian counterparts like Aarti Drugs, Unichem, Saraca, Synthokem, Lincoln Pharma, Granulels India, Krebs, Indswift, Kairav & many others. With warehouses in Frankfurt, Germany & Moscow, 7Chemicals has been doing contract manufacturing business for the last three years.

 
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