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Reality Check? Granules Moves Out Of China JV

 
• By Anju Ghangurde

Indian firm Granules is exiting its long-standing joint venture for ibuprofen API in China against the backdrop of evolving pollution control norms and the need for growing expenditure there, while emerging supply options have reduced the need for a local JV.

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Granules Pulls Out Of China JV Amid Changing Requirements • Source: Shutterstock

Perhaps all roads don’t necessarily lead to China, at least from the current Indian pharma business point of view.

Granules India Limited, a manufacturer of active pharmaceutical ingredients (API), pharmaceutical formulation intermediaries and finished dosages, is exiting its long-established...

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