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Orchid Chemicals & Pharmaceuticals in talks with TNPCB

11 Jul 2011 Evaluate

Orchid Chemicals & Pharmaceuticals is in active dialogue with the Tamil Nadu Pollution Control Board (TNPCB) officials and is confident of resolving the issues and bringing the plant to a fully operational stage at the earliest. Earlier, the company’s Cephalosporin API manufacturing facility located in Alathur at Chennai was issued a closure notice by the TNPCB citing some non-compliance with regard to the disposal of solid waste.

Recently, the company’s Cephalosporin API manufacturing complex located in Alathur, Chennai had successfully cleared the recent USFDA inspection that it went through. The facility manufactures a range of oral and sterile Cephalosporin APIs and caters to the developed markets like USA, Europe and Japan. This successful inspection would help the continuing supply of the niche APIs manufactured by Orchid in this location to the developed markets.

Orchid Chemicals & Pharmaceuticals (Orchid) is a pharmaceutical company engaged in development and manufacture of active pharmaceutical ingredients (APIs) and finished dosage forms. It is also engaged in research of new drugs. The company was incorporated in the year 1992 as a 100% export-oriented unit (EOU).

Orchid Pharma Share Price

570.50 6.40 (1.13%)
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