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Sai Parenterals’ arm renews long-term OTC medicines supply contract

26 Aug 2026 Evaluate

Sai Parenterals’ subsidiary -- Noumed Pharmaceuticals has renewed its long-term OTC medicines supply agreement with one of Australia's leading, multi-billion-dollar pharmacy chains with an expanded product portfolio, a long agreement tenure, and a higher agreement value. The renewed agreement is for a 3-year term with a projected value of 30 million Australian Dollar, at an exchange rate of Rs 68.52 aggregating to around Rs 204 crore.  

Sai Parenterals, along with its subsidiaries, carries out contract research and manufacturing activities for customers engaged in pharmaceutical industries.

Peers
Company Name CMP
Sun Pharma. Inds. 1810.00
Dr. Reddys Labs. 1200.10
Cipla 1346.85
Lupin 2029.00
Zydus Lifesciences 1145.25
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