Sai Life Sciences Has Begun Commercial Operations of Second Phase of Bidar, India Unit Expansion

MT Newswires Live
06-20

Sai Life Sciences (NSE:SAILIFE, BOM:544306) has begun commercial operations of the second phase of the production block with 91 kiloliter of capacity at its Bidar facility in Karnataka, India.

This is the second and final phase of the unit's overall capacity addition of 195 kiloliter, according to a Friday filing to the Indian stock exchanges.

With this, the combined capacity of Unit IV Bidar facility will be 640 kiloliter, which will supply to registered starting materials (RSM), intermediates, and active pharmaceutical ingredients (APIs) for clinical and commercial purposes.

The company's shares were up nearly 1% in recent trade.

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