The custom pharmaceutical services business of Hyderabad-based Dr Reddy’s Laboratories Ltd, on Wednesday, commissioned its commercial scale manufacturing plant for pharma grade mPEG alcohol at its Cuernavaca facility in Mexico. Also, the pharmaceutical major has announced PEGtech as the product brand for its extensive range of activated mPEGs.
mPEG (methyl ether polyethylene glycol) alcohol is the key raw material for activated mPEG, which are used as inputs by biopharmaceutical companies.
The mPEG alcohol manufactured in Mexico will be supplied to Dr Reddy’s c-GMP (current good manufacturing practices) plant at Mirfield in the UK, where commercial scale activation is carried out, a company release said.
Dr Reddy’s scrip rose 0.84 per cent to Rs 1,230.10 at the end of today’s trade on the Bombay Stock Exchange on Wednesday over the previous close of Rs 1,219.80.
