Tuesday, October 15, 2019
News
NEWS HOME
»
PRN INDIA
Zentiva Enhances its Global Manufacturing Footprint by Signing an Agreement to Acquire Manufacturing Site in Ankleshwar, India
  SocialTwist Tell-a-Friend  
   

PRAGUE, MUMBAI  and ANKLESHWAR, India, Sept. 11, 2019 /PRNewswire/ --   Zentiva Group, a.s. announces the signing of a Business Transfer Agreement with Sanofi to acquire their manufacturing site in Ankleshwar, India. This acquisition will help ensure the continued supply of high-quality medicines to more patients by expanding the footprint and agility of Zentiva's manufacturing network.

Nick HAGGAR, CEO Zentiva and Rajaram NARAYANAN, Managing Director, Sanofi India Limited

"Expanding our network of Zentiva's wholly-owned manufacturing sites is a key factor in our future success, ensuring greater security of supply for people living in Europe and beyond. It enables us to innovate further to achieve operational excellence, enhance productivity and accelerate growth," said Nick Haggar, Chief Executive Officer of Zentiva. "We are strongly committed to the growth and success of the Ankleshwar team and operations. The site will be the largest in our network and the team in India will play a central role in the operations of Zentiva."

With demand for high quality and affordable medicines increasing, the acquisition reaffirms Zentiva's commitment to stand side-by-side with pharmacists,  healthcare professionals and decision makers in improving access for patients.

Earlier in 2019, Zentiva enhanced its network with the acquisition of Solacium in Romania and Creo in the United Kingdom, as well as making multi-million Euro investments in Prague and Bucharest to maximize manufacturing capabilities.

* This transaction is subject to receipt of regulatory approvals, shareholders' approval and the completion of certain conditions as defined under the Business Transfer Agreement.

About Ankleshwar Manufacturing Site

Established in 1987, the site has a chemistry & biotechnology development centre, and manufactures both intermediates and pharmaceutical formulations. A large producer of tablets, the Ankleshwar site manufactures more than 6 billion tablets annually.

About Zentiva

Zentiva is a producer of high-quality affordable medicines serving patients in Europe and beyond. With a dedicated team of more than 3,000 people and a network of production sites - including flagship sites in Prague and Bucharest – Zentiva strives to be the champions of branded and generic medicines in Europe to better support people's daily healthcare needs.

At Zentiva it is our aspiration that healthcare should be a right and not a privilege. More than ever, people need better access to high quality affordable medicines and healthcare. We work in partnership with physicians, pharmacists, wholesalers, regulators and governments to provide the everyday solutions that we all depend on.

Media Contact:  
Ines Windisch
Head of Corporate Affairs & Human Resources

ZENTIVA GROUP, a.s.
U Kabelovny 130 – 102 37 Prague 10 – Czech Republic
Cell: (+420) 601-341-444
E-mail: ines.windisch@zentiva.com  
www.zentiva.com

Photo: https://mma.prnewswire.com/media/973827/Zentiva_Sanofi.jpg  
Logo: https://mma.prnewswire.com/media/788903/Zentiva_Logo.jpg

Zentiva Logo (PRNewsfoto/Zentiva)

More News by PR Newswire India

Building on Local Momentum: Malaysia's Greater Petaling Joins City Cancer Challenge

Shanghai International Money Fair - one of China's largest financial fairs will be held in December

Europe's Most Trusted Crypto And Precious Metal Companies Partner To Create Gold Token Secured By Bitcoin Network

RGE Commits US$200 Million to Next-Generation Textile Fibre Innovation and Technology

Medisanté Earns Acclaim from Frost & Sullivan for Ensuring Better Care Outcomes while Reducing Costs

INSIDE INFORMATION: BW LPG Contemplated Sale of Shares

School House Crafts Multi-Sensory Journey of Discovery and Re-collection for La Mer Campaign Exhibition

Vevue Partners with CBX Exchange for Initial Auction Offering

Frost & Sullivan Recognizes Pepco Holdings and Carlsbad Municipal Water District with Excellence in Resourcefulness Awards at Itron Utility Week

His Holiness The Dalai Lama Awarded Honorary Doctorate by Chitkara University

Surplus Keslow Cinematography Gear Up For Auction

Libyan Investment Authority Loses Claim in the UK Court of Appeal - London

Artificial Intelligence for Risk Management Process by MovingNow

Maruti Suzuki Arena Devils Circuit Season 2019-20 Draws Over 6K Runners in Hyderabad

Quectel Achieves Industry's First 5G Data Call over 5G mmWave Module

Artprice by Artmarket: The Gagosian's Grand Projects for the Late Simon Hantaï (1922-2008)

Ryan International Group of Schools Receive India's Most Respected Brand Award 2019

JD Institute Of Fashion Technology, South Announced its New Domain

VeChain Is Leading Co-sponsor of GDST Seafood Trackathons

The World's Largest Automakers, Along with MOBI, Announce a Joint Proof of Concept for the First Vehicle Identity on Blockchain

Indiannica Learning Announces the Launch of Indiannica Quiz League

Third Annual Convocation Ceremony Will be Celebrated in Apex Professional University

An Encounter of Two Icons: Tic Tac® Meets Coca-Cola®

Birlasoft to Accelerate Invacare's Business Transformation Journey Signs US$ 240 mn, Multi-year Deal, to Provide Complete IT-as-a-Service (ITaaS)

Bali Zoo Celebrated Tumpek Kandang Ritual for all its Resident Faunas

Nitin Mantri Becomes ICCO President

DMCC Awarded 'Global Free Zone of the Year' for a Record Fifth Consecutive Year

Apex Professional University Signed MoU with Life Science Sector Skill Development Council

Find TVU Networks at Broadcast India 2019

UAE and UNESCO Renew Partnership, Extending Efforts to Restore Historic Churches in Mosul

Over 70,000 Visitors, SR2m Falcon Sales on First Day of Riyadh Exhibition

The First Huion Tablet of Inspiroy Dial Series, Q620M was Unveiled at Hong Kong Electronics Fair

ZEISS showcases next-level eye care digitalization at AAO 2019

On Your Marks: 2019 Xi'an Yango International Marathon Starts 20 October

Autodesk Fusion 360 Tools Enable Social Hardware to Advance Design of Prosthetics

Bionik Gold Knee- A New Lease of Life for Young Arthritis Patients

Joy Forum19 to boost Saudi entertainment sector

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Telangana: Three members appointed to Te...
Amarinder hails decision to release 5 Pu...
SC seeks status report on stubble burnin...
US Navy submarine support ship arrives i...
UP govt suspends Maharajganj DM, five ot...
Delhi cabinet nod for new skill, entrepr...
More...    
 
 Top Stories
Indian economy in 'tailspin' warns ... 
Trump threatens Turkey with sanctio... 
Angelina Jolie learned how to be 'g... 
Kiwi all-rounder Jimmy Neesham mock... 
Statues of Christopher Columbus van... 
UN condemns deadly airstrike in Lib... 
Kiren Rijiju remembers APJ Abdul Ka... 
Hazy morning in Delhi-NCR, air qual...