Venus Remedies Secures Renewed EU-GMP Certification, Primed for Global Growth
Venus Remedies has renewed its European Good Manufacturing Practices certification, strengthening its market foothold and growth prospects. With this renewal, the company reinforces its status as a trusted European supplier of high-quality pharmaceuticals, poised for expansion into new markets including the Rest of World regions.
- Country:
- India
Pharmaceutical leader Venus Remedies has successfully renewed its European Good Manufacturing Practices (EU-GMP) certification by Infarmed, further solidifying its standing in the European market. This renewal applies to the company's facilities that produce Cephalosporin, Carbapenem, and Oncology formulations.
The audit conducted by Infarmed highlighted Venus Remedies' rigorous quality control systems, essential for delivering top-tier pharmaceutical products to combat severe and drug-resistant infections. Since their initial EU GMP certification in 2007, the company has consistently enhanced its market presence.
As the European antibiotics market is projected to reach USD 10.9 billion by 2023 and oncology drugs USD 36.95 billion by 2025, this certification enables Venus Remedies to leverage growth opportunities. This strategic renewal sets the stage for the company's expansion beyond Europe into Rest of World markets, driven by the demand for high-quality healthcare solutions.
(With inputs from agencies.)
ALSO READ
European Markets Face Inflation Challenges Amid ECB Rate Speculations
European Markets Hold Steady Amid Inflation Data Anticipation
European Markets Edge Up Amid Healthcare and Financial Gains
Funskool India Appoints K A Shabir as CEO to Drive Global Expansion
European Markets Shaken Amid Rising Bond Yields and Tariff Concerns