VHB Life Sciences setting up new manufacturing facilities in Uttaranchal
VHB Life Sciences Inc. is strengthening its manufacturing capabilities to tap the global markets by developing yet another state-of-the-art manufacturing plant at Rudrapur in Uttaranchal.
By setting up this facility, amongst the first of its kind in India, VHB's capabilities to make world-class specialty drugs at affordable costs is further enhanced. The plant caters to the ever- increasing demand generated locally and globally by its business arms in the form of 6 SBUs and wil also maintain and consolidate its numero uno position in the multiple therapeutic segments such as cardiology, immunology, oncology, neurology, nephrology, gynecology and paediatric care with leadership position in 15 odd brands. The pioneering effort of having created the most ultra-modern cold chain distribution maintenance network will further complement this state-of-the-art manufacturing facility.
Harnessing its track record of the past 6 decades, VHB Life Sciences Inc. has been reckoned as one of the fastest growing pharmaceutical companies of India. Managing Director, Anju Gupta, VHB Lifesciences Inc says, "This is a special occasion for VHB Lifesciences Inc. wherein our proficiency of manufacturing and marketing world class speciality life saving formulations through the extensive network of contract manufacturing facilities has paved a way to setting up our self-owned world class manufacturing plant. This plant, spread across 60000-sqmt areas in most upcoming eco- friendly plot of Rudrapur, Uttaranchal will set ablaze the Indian pharmaceutical industry. The plant is WHO GMP approved and is built to conform to the guidelines of USFDA, UKMHRA and TGA-Australia. The dedicated manufacturing units for Oncology, Cephalosporins, Specialized Products such as Hormonal products, Cardiovascular products, Vaccines etc as well as Specialized API's will cater to the ever increasing demand for VHB products globally".
This new fully-scalable facility is set up with an investment of Rs. 130 Crores. With this world-class setup, VHB is poised to further its business in the international markets and also enter into custom synthesis, contract research and contract manufacturing arrangements with the pharmaceutical giants worldwide.
VHB Lifesciences Inc. is strengthening its competencies in key resources such as intellectual capital, information technology and quality systems to supplement its growth drive. This optimism reflects in its major team building drive underway to continuously develop better and more innova-tive research products in oral as well as life saving injectable categories and further consolidate its position in the research and development area.In its strategic planning of future businesses, Vipul Bhagat, Vice Chairman, VHB Group said, " We have set clear corporate directives for this decade. The second half of this decade will see VHB Lifesciences Inc crossing Rs 1000 Crore mark and achieving this is part of the corporate vision. Our corporate credo 'One vision, One mission, One goal: To become minimum 1000 Crores by 2010' says it all."
According to marketing director of VHB group, Shreekant Shetty, "The focus will be on all-round business growth through forward integration. We have recently launched Cronus and Elixir divisions dedicated to lifestyle disorders and nephrology. These will further strengthen our corporate identity in these segments."All the business ventures stemming from very inherent qualities such as innovativeness, competitiveness and the will to succeed against all odds synergies to fulfill the dream of Ramesh Bhagat - Chairman, VHB Group, who has spent his lifetime in the pursuit of his mission, "To make world class Life-Saving drugs affordable to human fraternity around the globe".
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