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Ajinomoto OmniChem and Granules India Form Pharma Intermediates and API Venture in India
8:47 AM MDT | July 15, 2011 | Deepti Ramesh
Ajinomoto (Tokyo) says its wholly owned subsidiary Ajinomoto OmniChem (Louvain-la-Neuve, Belgium) has signed an agreement with Granules India (Hyderabad, India), a manufacturer of active pharmaceutical ingredients (APIs) and pharmaceuticals, to form a 50-50 joint venture dubbed Granules OmniChem Pvt. Ltd. (Vishakhapatnam, India), to manufacture pharmaceutical intermediates and APIs. The new company will be established this month and begin construction of a plant in a special economic zone at Vishakhapatnam in November 2011, and production at the plant is expected...
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