Stock Report

Venus Remedies secures INVIMA GMP certification for its Baddi Facilities



Posted On : 2006-12-18 19:01:27( TIMEZONE : IST )

Venus Remedies secures INVIMA GMP certification for its Baddi Facilities

Venus Remedies Ltd has announced that the Company has bagged the prestigious INVIMA certification for its Baddi facilities from the Columbian Drug Authorities.

This GMP certification was granted after a week long inspection by a team from the "Instituto Nacional de Vigilancia de Medicamentos Y Alimentos (INVIMA)", Ministerio de la Proteccion Social, Republic of Columbia for the newly built Cephalosporins, Carbapenem and Oncology facilities of the Company. The Company is only the second Company in India to be accredited with this certification for Oncology products.

This GMP certification has opened the doors for exports of Company's products to not only Columbia, but also more than 10 other South American countries where this certification is recognized. The Company has been working aggressively for expansion of its markets to all continents and this certification is certainly a milestone in this journey. The Company had received tremendous response from a number of parties in Columbia, Venezuela, Ecuador, Chile, Peru etc., after the recently concluded CPhl at Paris and this certification has cleared the initiation procedure for exports to these countries.

Source : Equity Bulls

Keywords