Orchid of India shelves plans for factory
Orchid Chemicals & Pharmaceuticals has shelved for the time beingplans to build a non-cephalosporin bulk drug manufacturing plant at Cuddalore, India, and instead is buying the bulk drug unit of Ajanta Pharma, located in Aurangabad, reports Bridge News. The company will reconsider its plans to build a new plant if the need arises for capacity expansion, said a spokesman. Commercial production at the Aurangabad factory will begin soon.
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