Medicamen Biotech Secures Strategic Manufacturing & Supply Deal with US, Europe Pharma Distributor

Medicamen Biotech Limited has entered a 10-year manufacturing and supply agreement with a leading pharmaceutical distributor in the US and Europe. This collaboration ensures a 25% upfront payment, bolstering the company’s financial stability and operational growth. The deal highlights Medicamen's commitment to expanding its global footprint while leveraging its state-of-the-art facilities, including its EU-GMP-certified plant in Bhiwadi, Rajasthan. This strategic partnership is expected to enhance the availability of high-quality medicines internationally.

 

Sources: NSE India1, Business Upturn3, Medicamen Biotech Official Website4