Claris Lifesciences plans to expand capacity at new plant
The company recently received approval from UK's MHRA for its new facility (ie, Plant 2), which will help it tap the regulated markets, especially the European region
Rakesh Rao B2B Connect | Mumbai
On August 20, 2014, Claris Lifesciences announced that it has received approval from UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) for terminally sterilised products presented in glass ampoules manufactured in line 1 of the Plant 2. Claris' flagship facility (ie, Plant 1) is already approved by MHRA-UK.
The latest MHRA approval is expected to help the company to enhance capacities to grow in the regulated markets, especially the European region. The company's specialty injectables business saw a growth of 30% in the last quarter.
Claris Lifesciences, which is currently functioning at high capacity utilisation, set up the Plant 2 to increase capacities to service future demands. "To sustainably grow, attaining the required regulatory approvals is one of the key growth drivers, and the company has a large pipeline of products, which includes the under approval and the products currently under development,” the company said in the release.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 22 2014 | 3:13 PM IST