Credit rating agency, India Rating & Research has upgraded Claris Lifesciences’ Long Term issuer rating to ‘A’ from ‘A-‘after resolving the Rating Watch Positive (RWP). It reflects the significant improvement in the company’s Credit profile and improvement in credit metrics.
Claris Lifesciences is one of the largest sterile injectables pharmaceutical companies in India. The company manufactures and markets products across various therapeutic segments including Anesthesia, Plasma Volume Expanders, Blood Products, Parenteral & Enteral Nutrition, Infusion therapy, Anti-infective and Renal Care.