Neuland commissions first commercial peptide module, adding 7,000L capacity
The Indian API maker's board also cleared ₹126 crore to buy 134 acres in Kakinada, Andhra Pradesh, for future expansion.
TR
By Tom Reyes · Markets Editor
Sep 18 01:43 ETSource: Kalkine India
The wire
- 01Neuland Laboratories has operationalised its first commercial peptide manufacturing module with 7,000L of reactor capacity, moving peptide API work from development scale to commercial scale.
- 02Peptide API capacity outside China and Europe matters to sponsors and compounders watching supply diversification for complex peptide drug substances.
- 03Analyst and investor meetings run 23 to 25 September, where capacity utilisation and customer pipeline may be discussed; the company reported Q1 FY27 net sales of ₹641.58 crore versus ₹292.75 crore a year earlier.
From the source
Read at kalkine.co.inNeuland Laboratories (NSE: NEULANDLAB) Investor Meeting and Peptide Capacity Expansion Update
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