Syngene International Ltd., an innovation focused global discovery, development and manufacturing organization, announced that it has won the CMO Leadership Awards presented by Life Science Leader magazine. This award was announced on the sidelines of the DCAT™ Week held from March 18-21, 2019 in New York City.
The CMO Leadership Awards was instituted by Life Science Leader magazine in 2011 to recognize leading contract manufacturing organizations globally. The magazine caters to the life sciences industry and provides insight into areas such as research and development, manufacturing, regulatory landscape, clinical trials. Syngene was successfully rated across the six categories - Capabilities, Compatibility, Expertise, Quality, Reliability and Service - that were used to gauge the eventual winner. For the 2019 CMO Leadership Awards, Life Science Leader teamed up with Industry Standard Research (ISR) to assess more than 120 contract manufacturers and determine the award recipients.
Jonathan Hunt, Chief Executive Officer, Syngene International, said, "We are delighted to receive the CMO Leadership Award. This award is a recognition of the exemplary work done by our staff to deliver truly excellent service to our growing global customer base. Syngene's track record of delivering innovation at the highest global quality standards is a real differentiator. Our investments in expanded manufacturing capacities, for both small and large molecules, ensure we can be a 'one stop' solution provider for our clients across all stages of the drug discovery, development and manufacturing value chain."
Shares of Syngene International Ltd was last trading in BSE at Rs.575 as compared to the previous close of Rs. 575.3. The total number of shares traded during the day was 1782 in over 141 trades.
The stock hit an intraday high of Rs. 582 and intraday low of 572.25. The net turnover during the day was Rs. 1032143.