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Arvind Remedies commences commercial operation of new unit in Tamil Nadu

25 Feb 2014 Evaluate

Arvind Remedies has commenced commercial operation of the new unit at Kakkalur, Tiruvellore in Tamil Nadu. Earlier, the company had signed a Memorandum of Understanding (MoU) with four institutions to manufacture and market medicines from botanical source, which are useful for the treatment and management of Neuro-degeneration disorder (like alzheimer, parkinson) and Neuropsychiatry disorders (like depression). The four educational institutions with whom the company had inked MoU are Banaras Hindu University, Adesh University, SRM University and Genome Foundation.

Arvind Remedies is engaged in the manufacturing of pharmaceutical formulations such as tablets, capsules (including soft gels), ointments and liquids. ARL markets its products in the institutional (primarily government organizations) and ethical segments, with institutional segment contributing to 70% of the total revenues.

Peers
Company Name CMP
Sun Pharma Inds. 1679.85
Dr. Reddys Lab 1333.05
Cipla 1305.85
Zydus Lifesciences 947.10
Lupin 2340.20
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