Rusan Pharma aims to double turnover to Rs 600 cr by 2018

The company will invest Rs 100 crores in R&D and manufacturing unit at Kandla and plans to expand its exports business

Rusan Pharma aims to double turnover to Rs 600 cr by 2018
BS B2B Bureau Mumbai
Last Updated : Apr 05 2016 | 2:31 PM IST
With a focus on research and development (R&D), Rusan Pharma, which specialises in pain management, opioid de-addiction & anti-infectives therapies, is aiming to double its turnover to Rs 600 by 2018.
 
To augment its research capability, the company will invest Rs 100 crore in a R&D centre and a manufacturing unit in Kandla (Gujarat). With this fresh investment, it will focus on research and manufacture of de-addiction and pain management drugs for domestic market and export. As a part of its expansion plan, Rusan Pharma is also planning to set up a clinical research organisation.
 
Rusan Pharma plans to manufacture transdermal patches at Kandla. The company, which currently exports products to Europe, Russia, South Africa and South East Asia, aims to expand exports to the US and Canada.
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First Published: Apr 05 2016 | 11:27 AM IST

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