Bajaj Healthcare forges CDMO agreement with UK/EU clients for API supply
Bajaj Healthcare Ltd., a prominent figure in the pharmaceutical industry specializing in the manufacturing of Active Pharmaceutical Ingredients (APIs), Intermediates, and Formulations, has announced a significant development. The company has entered into a definitive Contract Development and Manufacturing Organization (CDMO) agreement with esteemed customers based in the UK and EU for the supply of 15 APIs. This strategic partnership is set to leverage Bajaj Healthcare Ltd.’s robust in-house Research and Development (R&D) capabilities and state-of-the-art manufacturing facilities located in Savli, Vadodara, Gujarat, to exclusively develop and supply these molecules.
The APIs covered under this agreement include a variety of compounds, ranging from off-patent generics to molecules soon to be off-patent, showcasing the company’s commitment to addressing the diverse needs of the pharmaceutical market. By executing this agreement through its in-house R&D and manufacturing capacities, Bajaj Healthcare Ltd. is poised to enhance the accessibility and affordability of essential medications, thereby contributing significantly to global healthcare.
Anil Jain, Joint Managing Director of Bajaj Healthcare, expressed his enthusiasm for the collaboration, stating, “I am thrilled to share this strategic collaboration which underscores Bajaj Healthcare Ltd.’s commitment to innovation, excellence, and meeting the evolving needs of the pharmaceutical industry.” He further emphasized the company’s dedication to leveraging its expertise and infrastructure to fulfill the requirements of its clients efficiently while ensuring exceptional quality.
This partnership not only highlights Bajaj Healthcare Ltd.’s position as a leader in the pharmaceutical manufacturing sector but also demonstrates its ability to foster international collaborations that aim to improve health outcomes worldwide. Through this agreement, the company is set to make a substantial impact on the pharmaceutical industry by delivering high-quality, innovative solutions that cater to the urgent and broad-ranging needs of patients across the globe.