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Dahej plant of Torrent Pharma receives USFDA approval

| | Mar 18, 2016, at 09:20 pm
Ahmedabad/Mumbai, Mar 18 (IBNS) Torrent Pharma, a leading Indian pharma company, informed on Friday that it has obtained the Establishment Inspection Report from the U.S. Food and Drug Administration (USFDA) for its plant located at Dahej SEZ, Gujarat.
The company had set up the plant mainly to cater to the regulated international markets such as US, Germany, Brazil, etc.
 
Prior to the US approval, the plant had received approval from EU Germany.
 
The Dahej plant is spread across 70 acres of land with a built up area of about 97000 sq meter. Phase 1 has an installed capacity to manufacture 7,500 million tablets/capsules and 25 MT API  per annum. 
 
The company has said that construction of Phase 2 will commence soon. After commission, the total capacity will increase to manufacture of 14,000 million tablets/capsules and 80 MT API  per annum.
 
In their filing with the  National Stock Exchang, the company has said that with the approval of the Dahej plant, three of its five plants have received USFDA approval.
 
The other two plants are located at Indrad (Gujarat) and Pithampur, Indore (Madhya Pradesh).
 
The company's share price moved up during trading hours on Friday following the news of the approval
 
Torrent Pharma is a flagship company of the Torrent Group.
 

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