Deals25 Jun 2024, 02:01 pm
Remedium Lifecare Ltd Secures Three-Year Supply Contract Worth INR 175 Crore from UK Pharmaceutical Distributor
AI Summary
Remedium Lifecare Ltd has announced the receipt of a multi-year supply contract from a UK-based pharmaceutical distribution company. The contract, valued at INR 175 crore, involves the supply of various Active Pharmaceutical Ingredients (APIs), Intermediates, and Specialty Chemicals. The supplies scheduled between July 2024 and June 2025 alone are valued at INR 175 crore. The contract was awarded by Aster Biotech Limited, UK, and there is no related party interest or transaction involved.
Key Highlights
- Remedium Lifecare Ltd secures a three-year supply contract from a UK-based pharmaceutical distribution company.
- The contract is valued at INR 175 crore, with supplies scheduled between July 2024 and June 2025 worth INR 175 crore.
- The contract involves the supply of various Active Pharmaceutical Ingredients (APIs), Intermediates, and Specialty Chemicals.
- The contract was awarded by Aster Biotech Limited, UK.
- There is no related party interest or transaction involved.