 "Celestial Biolabs' Biovita granules for controlling stress & boost intellect")
Celestial Biolabs Ltd, one of the leading manufacturers of herbal and nutraceutical products, is planning to venture into manufacturing of allopathic products. “In view of our established marketing & distribution network in India, we have decided to introduce manufacturing and marketing of 21 lifesaving drugs in allopathic range covering antibiotics, analgesic & anti-pyretics; antiulcerants; anti-hypertensives; anti-diabetics; anti-fungal; anti-allergic; anti-emetic; calcium supplement; steroid; immune suppressant and topical application for wound infection & neurological disorders,” said Celestial Biolabs in a BSE filing on January 13, 2016.
The foray will enhance the company’s sales volume & profitability in the times to come, it added.
Celestial Biolabs formulates and manufactures ayurvedic proprietary products for the domestic market. In April 2015, the Hyderabad-based bio-pharmaceutical company launched herbal product for the management of diabetes.
