ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Nicholas Laboratories Diversification Programme

Nicholas Laboratories' pharma division achieved a growth of 28 per cent during 1990-91. To meet the growing demand, the company was relying on contract manu-facturing arrangement. Since the govern-ment abolished loan licensing in phar-maceuticals after December 1991, the company is setting up a second formula-tion plant at Pithampur in Madhya Pradesh, installing state-of-the-art manufacturing facilities, inclusive of a form-fill-seal machine.

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