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Ahmedabad unit of Concord Biotech receives GMP certification from Kenya

by TLAteam February 23, 2024
written by TLAteam February 23, 2024
Ahmedabad unit of Concord Biotech receives GMP certification from Kenya

Concord Biotech jumped 2.97% to Rs 1,483 after the company received good manufacturing practices (GMP) certificate from Ministry of Health Pharmacy and Poisons Board (PPB), Republic of Kenya for its formulation facility located in Gujarat.

Business News

The Ministry of Health Pharmacy and Poisons Board, Republic of Kenya had conducted inspection of Unit II formulation facility located at Valthera-Dholka in Ahmedabad, Gujarat. The said inspection has been completed successfully, without any adverse remarks.

Concord is an India-based R&D-driven biopharma company. The company is ranked among the leading global developers and manufacturers of select fermentation-based active pharmaceutical ingredients (API) across immunosuppressants and oncology in terms of market share, based on volume in 2022.

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