New Delhi: Alniche Lifesciences has ventured into pharma manufacturing in its state-of-the-art facility under the name of EffiKasia Lifesciences at Kangra, Himachal Pradesh. EffiKasia Lifesciences will manufacture pharmaceuticals, nutraceuticals and dermatologicals, says a press release.
With this initiative, Alniche plans to increase its profit margins and push top-line by expanding sales operations for exports in semi-regulated markets.
With its own manufacturing setup, the company plans to compete in the institutional tender business thus setting up a new business vertical.
Girish Arora, Founder and Managing Director of Alniche, said, “With our growing sales across various therapy-verticals, there has always been a need for back-end integration by setting up our manufacturing plant. Initially, EffiKasia will…