Companies & Industry »Company News»Company News Details
Company News Details

BSE   18 Jun 18 | 12:00 AM

5145.95 0 (0%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500674
Face Value: N.A.

NSE   19 Jun 18 | 09:39 AM

5180.00 63.05 (1.23%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 5,188.15 (-0.81%)
1 Month : Rs 4,915.45 (4.69%)
1 Year : Rs 4,142.55 (24.22%)
change companytradenow

New Sanofi vaccine facility starts commercial production

BS Reporter / Hyderabad 31 May 16 | 04:04 PM

Sanofi Pasteur, the vaccine division of Sanofi, announced today that it has begun commercial manufacturing at the new vaccines' production facility of its affiliate Shantha Biotechnics Private Limited.

This new facility is located in a Special Economic Zone (SEZ) at Muppireddypalli near Hyderabad. The company had invested Rs 250 crore on the new facility, which will initially produce the pentavalent vaccine Shan-5 and cholera vaccine Shanchol, according to Mahesh Bhalgat, executive director and chief operating officer of Shantha Biotech.

Widgets Magazine

Besides these two products, the facility will also be registered for the manufacturing of hepatitis B vaccine Shanvac-B and the tetanus toxoid vaccine Shan TT, he said. The company plans to produce 10 million doses of Shan 5 out of this new plat.

Last year the Sanofi subsidiary begun construction on a Rs 460 crore insulin manufacturing facility here, which is expected to start commercial operations from next year.

Country chair and managing director-Sanofi India Limited, Shailesh Ayyangar, said;"With this dedicated site for vaccines, we are reinforcing our commitment towards 'Make in India' and disease prevention and public health in India, and also across the world. This site is a part of Rs 5,500 crore investment undertaken by Sanofi since acquisition of Shantha Biotechnics in 2009. We thank the government of Telangana for their encouragement and support in our endeavors."

Widgets Magazine


Company Price Gain (%)
Dr Reddy's Labs2,422.501.78
Tata Steel563.700.89
Sun Pharma.Inds.575.550.82
Tata Motors311.100.76
Asian Paints1,282.000.42

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine