Divis Laboratories has received Environment Clearance (EC) for modernization of its bulk drug unit in Visakhapatnam which will entail a cost of Rs 100 crore. The company wants to modernize one of the two units by shifting non-production activities to proposed new area and meet all modern production facility compliances for achieving export targets.
Divi’s Laboratories focussed on developing new processes for the production of Active Pharma Ingredients (APIs) & Intermediates. The company in a matter of short time expanded its breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.