Cipla in talks to add new customers for its China factory, executive says

SHANGHAI – Indian drugmaker Cipla (CIPL.NS), opens new tab is looking to add at least two new overseas markets for its products manufactured in China, as the firm seeks to work around constrained production capacity in India, a senior executive told Reuters.

India’s third-largest drugmaker by sales started operations at its factory making inhalation respule products, opens new tabin Jiangsu province, eastern China, in 2024 to supply the U.S. market.

“Sometimes we face capacity restrictions … so they (customers) do approach us whether we can handle the supplies,” Deepak Hegde, Cipla’s general manager for China, told Reuters.

He said the company was in talks with “at least two or three different countries”, for product shipments from China and those discussions began around six or eight months ago.

He declined to say how much it had supplied to the United States from the Chinese manufacturing site or name the other countries it was in discussions with.

The Chinese site can produce about 55 million units annually of products used in inhalers, Hegde said.

Related Posts

ED attaches assets, freezes bank account in counterfeit medicines racket; searches five premises in Bengaluru

During the raid, the accused were allegedly found storing medicines and pharmaceutical drugs without valid licences, permits or authorisations and replacing labels on the stored medicines. The Directorate of Enforcement…

Hyderabad Startup Working On Personalised Cancer Vaccine: What It Means For Cancer Treatment

Hyderabad startup PopVax develops personalised cancer vaccines using AI, machine learning, and mRNA tech to target unique tumour mutations. Cancer treatment is increasingly moving towards personalised approaches that take into…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

ED attaches assets, freezes bank account in counterfeit medicines racket; searches five premises in Bengaluru

ED attaches assets, freezes bank account in counterfeit medicines racket; searches five premises in Bengaluru

Hyderabad Startup Working On Personalised Cancer Vaccine: What It Means For Cancer Treatment

Hyderabad Startup Working On Personalised Cancer Vaccine: What It Means For Cancer Treatment

Medicines that cure Us are making Our Environment Sick

Medicines that cure Us are making Our Environment Sick

ZEN- G packs a punch in Organ Donation as Over 500 Students pledge Organs

ZEN- G packs a punch in Organ Donation as Over 500 Students pledge Organs

PGIMS recalls drug amid probe into deaths

PGIMS recalls drug amid probe into deaths

NPPA list brings little relief: No price cut for 25% cancer drugs

NPPA list brings little relief: No price cut for 25% cancer drugs