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| President's Message |
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| New developments in technology are re-shaping the markets, strategies and future of pharmaceutical companies around the world. |
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| With costs rising and constant pressure to bring down the drug prices, the industry is turning towards outsourcing drug manufacturing to reduce costs and increase profitability. |
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| Promed began by exporting pharmaceuticals to the Russian federation and has since grown to become the second largest player in the ophthalmic prescription market of Russia. It is now planning to expand operations to the United States and Europe. |
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| In pursuit of its Mission-to provide Innovative Products through persistent Research and Development, the company spends around 9 per cent of its turnover on R&D. |
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| Keeping pace with the changing global scenario, Promed has set up a new formulation unit for sterile small volume liquid products, using Blow-Fill-Seal technology. This advanced aseptic processing technology provides Promed with enormous options for innovative designs and customization. The facility is the result of the company's vision to become an organization focused on the future recognized for challenging healthcare barriers globally. |
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| The facility has the capacity and the capability to produce both solutions and suspensions in a range of unit & multi dose containers. Its product range includes ophthalmic products, respiratory solutions, wound care products, nasal solutions and injectables. The manufacturing facility is designed to comply with the guidelines of USFDA, EMEA and other regulatory agencies. The manufacturing facility started its commercial production in April, 2007 and has received ISO 13485:2003 certification. |
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| To fulfill its plans for the future, to be a specialized manufacturer of sterile formulations, Promed is also planning other projects like - |
- Pre-filled Syringes
- Sterile liquids and lyophilized oncology products
- Lyophilized injectables
- Sterile biotech products
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| We are open to partnerships with prospective customers from all over the world, through alliances which would create a win-win relationship for both. |
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| At Promed, we focus on cost-quality balances and always explore the potential for cost reduction in manufacturing by focusing on Continuous Improvement of our processes, using state-of-the-art technology and economy of scale. |
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| We measure the Quality of our products and services on the following critical dimensions: |
- Process Quality
- Timely Delivery
- Innovation
- Customization
- Continuous Improvement
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| We hope to share this legacy with you as our customers. By working with us, you can anticipate innovations & dynamism and achieve complete satisfaction. |
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