Bal Pharma is further strengthening its market leading position in Gliclazide (API) with higher capacity utilization at the existing facility, and the streamlining of new facility that commenced production of Gliclazide in September 2020. Gliclazide, API is a sulfonyl urea component used for treating type 2 Diabetes, has been an important contributor in the company’s earnings.
Bal Pharma, incorporated in 1987 is engaged in the business interest in area of manufacturing API, finished formulations, ayurvedic and research and development. It is one of the leading Indian pharmaceutical companies that focuses on prescription drugs, generic, OTC products, intravenous infusion and bulk actives.