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Elder Pharmaceuticals to foray into regulated markets of European Union

26 Nov 2012 Evaluate

Elder Pharmaceuticals is ready to foray the regulated markets of European Union following the receipt of Certificate of Suitability (COS) from European Directorate for the Quality of Medicines and Healthcare (EDQM) for Diosmin API. It has also received accreditation from Ministry of Health-Japan for Active Pharmaceutical Ingredients (API) plant at Patalganga in Maharashtra.

Elder Pharmaceuticals (EPL) has around six manufacturing units in India, all as per international standards. Post increasing its stake in Elder Biomeda AD and Neutrahealth PLC, EPL also has access to the manufacturing units of these companies in Bulgaria and Birmingham, UK respectively coupled with distribution network and brands of the same.

Peers
Company Name CMP
Sun Pharma Inds. 1668.90
Dr. Reddys Lab 1235.10
Cipla 1232.95
Zydus Lifesciences 936.50
Lupin 2327.10
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