Alpa Laboratories has been allotted 13 locations for setting up generic drugs retail outlets by the Government of Bihar. The expected annual revenue from these outlets is about Rs 8 crore and the company expects a net profit of about Rs 2 crore per year from these outlets.
The tender was floated by the State Health Society, Bihar to operate and maintain generic drug shop in each Medical College Hospital, in each of the District Hospitals of Bihar, the Sub Divisional Hospital at Barh (Patna) and Gardiner Road Hospital, Patna as part of its implementation of the National Rural Health Mission (NRHM) to improve the availability and access to quality health care for people.
Alpa Labs is also looking to expand upon its existing manufacturing business by venturing into drug retailing.