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Ind-Swift Laboratories Ltd. has successfully completed USFDA inspection for
Clarithromycin, Active Pharmaceutical Ingredient (API) manufacturing facility. Ind-Swift
Laboratories Inc. USA ( ISL INC.), a wholly owned subsidiary of Ind-Swift Laboratories
was instrumental in achieving this milestone, said N.R. Munjal, Managing Director.
This would enable us to roll out our API’s in the North American market. ISL
Inc. has partnered with top US generic companies for generic pharmaceutical business.
We are also working on alliances with biotechnology companies in North America which
will fuel our long term growth strategy said Vikas Narendra, President Ind-Swift
Laboratories Inc.
Ind-Swift has already filed 10 Drug Master Files (DMF’s)
and plans to file a significant number of DMF’s with USFDA during next financial
year. This will pave way for the company to enter the
US
market, which is biggest generic drugs market in the World.
Ind-Swift Laboratories has a significant presence in more than 45 countries, in
addition to a strong position in the domestic market. Its research and development
centre employs over 150 scientists.
Clarithromycin is a Macrolide Antibiotic Molecule used in the treatment of the lower
respiratory tract infections. The Macrolides have a World Market Size of US$ 1.3
bn . Ind-Swift is one of the largest manufacturer of Clarithromycin after the innovator.
The facility has already received the
COS
and TGA certifications . The Company is also at an advanced stage of launching its
drugs in the Japanese Markets .
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