Venus receives GLP accreditation for its R&D centre

Company has joined the list of top 25 testing laboratories in India and eight Indian pharmaceutical companies who have received GLP approval

Press Trust of India Chandigarh
Last Updated : Aug 05 2013 | 1:35 PM IST
Venus Medicine Research Centre (VMRC), the R&D wing of Venus Remedies Limited, has been accredited for Good Laboratory Practices (GLP) and norms on Organisation for Economic Cooperation and Development (OECD) Principles by the National GLP and Compliance Monitoring Authority (NGCMA).

With this, VMRC, a leading research-based global pharma company, has joined the list of top 25 testing laboratories in India and eight Indian pharmaceutical companies who have received GLP approval.

Manu Chaudhary, Joint Managing Director, Venus Remedies Limited, and Director, Research, VMRC, termed it as a landmark achievement.

Also Read

In a statement, he said: "This GLP accreditation, one of the most coveted certifications for R&D capabilities, is yet another significant milestone in our efforts to ensure product quality, safety, reliability and excellence while preserving and improving human life through innovation. It gives our research an international credibility."

The certification is an attestation of the consistent reliability of the company's R&D tests and calibration as well as its documented quality management system, the statement said.

It further said that besides this, the GLP certification meets the company's strategic vision to bring to the world novel breakthroughs that cater to critical care and super- speciality segments, including anti-infective (anti-microbial resistance), anti-cancer, neurology, pain management and wound care.

Led by a team of 75 highly professional, trained scientists, VMRC is dedicated to developing novel and innovative research products on a par with global quality standards, it added.

The VMRC team has secured over 90 patents for its research products from across the world, including countries like USA, Australia, Japan, European Union constituents and others.

"It is a matter of great pride for us to have received GLP certification for our Venus Medicine Research Centre. We are now the eighth pharmaceutical company in India with GLP accreditation.

"Any R&D-related data generated in VMRC will be acceptable by the registration authorities of all the OECD member countries such as USA, Japan and various European countries," said Dheeraj Aggarwal, Chief Financial Officer (CFO), Venus Remedies Limited.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 05 2013 | 1:28 PM IST

Next Story