Panjon In Rs 25 Crore Spread Plan, In Talks For Vending Jv

Panjon, the Indore-based pharmaceuticals and confectionery firm, has chalked out a Rs 25 crore expansion plan. The investments would be in healthcare retailing, new drug delivery system (NDDS), new chemical entity (NCE), a clutch of natural products and the biotech sector.

Healthcare retailing would focus on cardiovascular segment, where Panjon would offer tests on 2-D echocardiography colour dropper, exercise stress training, 24-hour ambulatory holter and blood pressure monitoring.

The centres would be developed under the franchisee model initially in metropolitan cities under a common brand name.