Asston Pharmaceuticals Ltd is engaged in the manufacturing and export of both pharmaceutical formulations and nutraceutical products in domestic and various African markets.
Their Company operates under brand “Asston”. Presently, their Company is involved in the business of manufacturing and marketing of Tablets, Capsules, Oral Liquid, External Preparations (Ointment, Cream, Gel and Lotion) and Oral Powder (Sachet, Dry Syrup) etc. Apart from manufacturing products for direct sales, their Company also manufactures variothem pharmaceutical products for different marketers on loan license or on contract manufacturing basis. Their business is primarily conducted on a principle-to-principle basis with variothem marketers.
they cater to multiple corporate clients on loan licence and/or contract manufacturing basis. Currently, their Company has its production facility at Ambernath, Maharashtra, for producing generic medicines in the tablet form and nutraceutical medicines in the tablet form, syrup and sachet form. They have a dedicated and separate floors for pharmaceutical products and nutraceutical products respectively as the norms and standards are different for both of them and are governed by FDA and FSSAI respectively. Since the FDA norms for pharmaceutical products are much more stringent, to comply with FDA standards separate guidelines are there to be followed. Facility has total production capacity of up to around 8-9 crore tablets per month. Their Company produces an average of 5-6 crore tablets per month, with production capacity varying based on the weight of the medicines. Higher-weight medicines result in lower production quantities and vice versa. The syrup production capacity for nutraceuticals is approximately 37.5 kiloliters per month, while sachet production capacity ranges from 30 to 40 lakh sachets per month, depending on the powder weight per sachet. The facility is certified by relevant authorities and undergoes periodic audits by state and central FDA authorities. It includes a QA/QC unit and a warehouse for storing raw materials and finished goods in designated chambers under controlled conditions.
Their Company engages contract manufacturers to produce generic medicines and antibiotics in variothem forms, including tablets, sachets, syrups, and capsules. All contract manufacturers are WHO-GMP certified to ensure their facilities and processes comply with applicable standards and industry norms. They also have their own set up of regulatory department for their formulation development and have tie-ups with 2 NABL accredited laboratories, ensuring adherence to industry standards from production to export.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
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