Lincoln Pharmaceuticals Begins Trial Run of New Manufacturing Unit in Gujarat, India

MT Newswires Live
07-02

Lincoln Pharmaceuticals (NSE:LINCOLN, BOM:531633) has begun the trial run of a new manufacturing facility at Gandhinagar in Gujarat, India, according to a Wednesday filing to the Indian stock exchanges.

The new facility is expected to begin commercial production of active pharmaceutical ingredients in one to two years, subject to additional product permission received from the Food and Drugs Control Administration.

The facility has been set up with an investment of 40 million Indian rupees and will lead to a proposed capacity addition of 1.2 tons per annum.

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