GSK Pharma is planning to focus on high-end drugs that cannot be easily copied. |
GlaxoSmithKline (GSK) Pharmaceuticals, the largest multinational drug maker in India, is planning to switch its manufacturing focus to high-end drugs and pharmaceutical products that cannot be easily copied. |
The Rs 1,250 crore company may, according to sources, set up a new plant for this but the jury is still out on that. GSK Pharmaceuticals has around Rs 400 crore in unused cash. |
The company makes an array of volume products like Zantac at its Nashik facility and multivitamin capsules at its Mysore plant. |
Its Thane plant is the largest active pharmaceutical ingredient (API) facility for betametazone in Asia. |
S Kalyansundaram, managing director of GSK Pharmaceuticals, told Business Standard, "The company's future endeavour will be to manufacture more high-tech products like sterile formulations and vaccines." |
All GSK Plc group companies worldwide source vaccines from the parent company's Belgium facility to be marketed in different countries. |