Marck buys injectible facility in Goa

The Times of India - Dec 07, 2010

Ahmedabad: Marck Biosctences Lid. Ahmedabad based manufacturer of sterile dosages, has acquired a large volume injectible facility in Goa and will step up its manufacturing capacity for large volume injectibles by March 2011.

Marck has acquired the assets of Goa-based Ravish Infusion on a lock-stock-barrel basis for a total sum of Rs 5.47 crore unĀ­der auction from Debt Recovery Tribunal 11. Mumbai. The company has also signed an MoU with Coimbatore-based Paragon Steels Pvt Ltd (Gujarat Inject Kerala Ltd) for purchase of its injectible equipment for Rs 1.5 crore. Marck plans to set up these equipment at the Goa facility. TNN
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