Concept Pharmaceuticals is setting up a Rs 35-crore plant at Roorkie in Uttaranchal with the US Food and Drug Administration standards.
A pharmaceutical, veterinary and bulk drugs manufacturer, Concept Pharmaceuticals, has expansion plans to enter the regulated markets of the US and Europe by launching high potential niche life-saving drugs in two years. The company is setting up a Rs 35-crore plant at Roorkie in Uttaranchal with the US Food and Drug Administration (FDA) standards. It is also planning another plant for bulk drugs in Uttranchal with an investment of Rs 40 crore.
Concept has four manufacturing plants in Aurangabad and a formulation plant in Nepal. Its subsidiary in Nepal, Concept Pharmaceuticals Nepal, caters to that local market. Other expansions plans include setting up a large pharmaceutical division and launching over the counter products.