Business Medical Dialogues
    • facebook
    • twitter
    Login Register
    • facebook
    • twitter
    Login Register
    • Medical Dialogues
    • Speciality Dialogues
    • Education Dialogues
    • Medical Jobs
    • Medical Matrimony
    • MD Brand Connect
    Business Medical Dialogues
    • News
        • Financial Results
        • Hospitals & Diagnostics
        • IT / Health Venture
        • Implants / Devices
        • Insurance
        • Key Movement
        • Pharmaceuticals
        • Policy
        • Technology
        • pharma-news
    • blog
    LoginRegister
    Business Medical Dialogues
    LoginRegister
    • Home
    • News
      • Financial Results
      • Hospitals & Diagnostics
      • IT / Health Venture
      • Implants / Devices
      • Insurance
      • Key Movement
      • Pharmaceuticals
      • Policy
      • Technology
      • pharma-news
    • blog
    • Home
    • Latest News
    • Unichem earmarks Rs...

    Unichem earmarks Rs 200 crore capex for current fiscal

    Written by savita thakur thakur Published On 2016-06-01T14:44:42+05:30  |  Updated On 1 Jun 2016 2:44 PM IST
    Unichem earmarks Rs 200 crore capex for current fiscal

    NEW DELHI: Drug maker Unichem Laboratories has earmarked a capital expenditure of around Rs 200 crore for the current fiscal, most of which would go into the company's upcoming API plant in Kolhapur, Maharashtra.


    "In the current year we are looking at around Rs 150-200 crore of capex which may get spilled over to FY2018 also," Unichem Laboratories VP Finance and CFO Rakesh Parikh said in an analyst call.

    The API unit is coming up and it has a major capital expenditure, he said, adding that "the work out there is going on in full swing".

    Commenting on the expansion of its Goa plant, Parikh said the facility will be commissioned in the current quarter.

    Built in 1997, the company's Goa facility today caters to 100 per cent of the export market. The plant is approved by various regulatory bodies including US Food and Drug Administration and UK's Medicines & Healthcare Products Regulatory Agency (MHRA).

    "Significant amount of capital expenditure was incurred last year (on the Goa plant) and the same is the case with our biosciences pilot plant," he added.

    The other expenditure is more or less maintenance and de-bottlenecking work at the existing plants, Parikh said.
    Medicines & Healthcare Products Regulatory Agency (MHRA).UnichemUnichem Laboratories
    Source : PTI

    Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2020 Minerva Medical Treatment Pvt Ltd

    savita thakur thakur
    savita thakur thakur
      Show Full Article
      Next Story
      Similar Posts
      NO DATA FOUND

      Popular Stories

      • Email: info@medicaldialogues.in
      • Phone: 011 - 4372 0751

      Website Last Updated On : 13 Oct 2022 5:14 AM GMT
      Company
      • About Us
      • Contact Us
      • Our Team
      • Reach our Editor
      • Feedback
      • Submit Article
      Ads & Legal
      • Advertise
      • Advertise Policy
      • Terms and Conditions
      • Privacy Policy
      • Editorial Policy
      • Comments Policy
      • Disclamier
      Medical Dialogues is health news portal designed to update medical and healthcare professionals but does not limit/block other interested parties from accessing our general health content. The health content on Medical Dialogues and its subdomains is created and/or edited by our expert team, that includes doctors, healthcare researchers and scientific writers, who review all medical information to keep them in line with the latest evidence-based medical information and accepted health guidelines by established medical organisations of the world.

      Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription.Use of this site is subject to our terms of use, privacy policy, advertisement policy. You can check out disclaimers here. © 2025 Minerva Medical Treatment Pvt Ltd

      © 2025 - Medical Dialogues. All Rights Reserved.
      Powered By: Hocalwire
      X
      We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok