The Factory Floor: Suanfarma Expands API Capacity With Sandoz Deal In Italy
Meanwhile, Glenmark, Aurobindo And Cipla Have Run-ins With The FDA.
• By Akriti Seth
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Suanfarma acquires an API manufacturing facility in Italy to accelerate its growth in Europe, while CapsCanada relocates its headquarters as part of its growth strategy. Meanwhile, Glenmark, Aurobindo and Cipla struggle with quality issues.
The latest growth initiatives and quality control measures in the pharma space • Source: Shutterstock
Suanfarma Group has struck a deal with Sandoz Industrial Products to acquire an active pharmaceutical ingredient manufacturing facility in Rovereto, Italy. With this new acquisition Suanfarma expects “to reach €300m ($330m) turnover by 2020.”
Héctor Ara, president of Suanfarma, said “we are impressed by the know-how at the Rovereto site and intend to leverage...
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