Divi's Laboratories has signed long term manufacturing and supply agreement with a global pharma company. Under this agreement, the company will be manufacturing and supplying advanced intermediates as per the commercial terms agreed between the parties. The cost of capacity addition for manufacturing under this agreement is estimated to be Rs 650 to Rs 750 crore, which will be funded from the capacity reservation advance proposed to be paid by the customer phase wise under this Agreement.
Divi's Laboratories is one of the leading pharmaceutical companies in the world.
