Pharmaceutical industry expanding in Birgunj-Palthaya Industrial Corridor

Falgun 22, 2081

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Pharmaceutical industry expanding in Birgunj-Palthaya Industrial Corridor

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Magnus Firma, operating in Birgunj-Palthaya Industrial Corridor, is going to increase the investment of one billion in the existing industry and produce 'injectable' medicine as well.

Sudhir Prakash Maske, the managing director of the firm, said that the company has installed and tested the necessary equipment to produce 'Vail' and 'Drops' and it will work at full capacity from next May. From the new 'injectable plant' added to the industry, the production of vials and ampoules of medicines as well as drops used for eyes, nose and ears  He said that he will also make 

'Although the company has established a plant capable of producing more than 100 drugs, we have received permission to produce 20 types of drugs so far,' he said. More than 350 people have got direct employment.  The company's turnover of Rs 1.26 billion in the last financial year is set to reach Rs 1.4 billion in the current year.

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