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Granules India Expands Internationally

1:43 PM MDT | March 21, 2007 | Deepti Ramesh

Granules India (Hyderabad, India), an active pharmaceutical ingredient (API) and pharmaceutical formulation intermediate (PFI) producer, says it is expanding its international presence through two recent deals. The company and Hubei Biocause Pharmaceutical Company Ltd. (Wuhan, China) recently received approval from the Chinese government to set up a 50-50 joint venture company in China, most likely at the city of Hubei. Separately, contract manufacturer Matchland (Eagle Farm, Australia) has agreed to outsource manufacturing of its finished-dosage formulations for...

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