LUPIN PUTS Rs35 CR IN 7-ACA PROJECT
Article Abstract:
Lupin Chemicals (LC) is spending Rs35 crore on its 7- aminocephalosporanic acid (7-ACA) project. The chemical, 7-ACA, is an important cephalopsporin intermediate. The investment of LC includes the amount offered to Max-GB for buying its 24 tonnes per annum (tpa) unit. It also includes the capital expenditure for raising its capacity to 70 tpa. LC plans to raise its capacity to 140 tpa in 2-3 years. (ag)
Comment:
Is spending Rs35 crore on 7-aminocephalosporanic acid project, an important cephalopsporin intermediate
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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LUPIN LABS H1 NET UP 24% TO Rs18.9 CRORE
Article Abstract:
Lupin Labs posted 24 percent rise in net profit to Rs18.9 crore for the half year ended December 31, 1998 (Rs15.2 crore for the half year ended December, 1997). The company recorded sales of Rs368 crore (Rs318 crore). While Sales in domestic formulations accounted for Rs177 crore, active pharmaceutical ingredients recorded sales of Rs148 crore. (gs)(psr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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