Nectar Lifesciences

Nectar Lifesciences Limited
Public
Traded as BSE: 532649
NSE: NECLIFE
Industry Pharmaceuticals
Founded 1995
Headquarters Chandigarh, India
Key people
Sanjiv Goyal Chairman, Aryan Goyal Executive Director, Dinesh DuaCEO
Products Cephalosporins,
Revenue Increase INR 16.4 billion
Increase INR 1.05 billion
Number of employees
2200
Slogan Nurturing Enriching Caring
Website www.neclife.com
Nectar Lifesciences Finished Dosage facility

Nectar Lifesciences Limited is a pharmaceutical company in India that manufactures generic products for EU and USA.[1] The company is the largest GMP manufacturer of oral and sterile cephalosporins in the world. Its facilities are approved by USFDA, the European Union and Japan.

History

The company is promoted by Goyal family and was incorporated in June 1995. The company went public in July 2005 with simultaneous listings on Bombay Stock Exchange and the National Stock Exchange of India. In 2010 New Silk Route Private Equity invested INR 2.5 billion in the company.

Management

The company's chairman and Managing Director is Mr Sanjiv Goyal. Executive Directors: Mr Aryan Goyal, Mr Saurabh Goyal[2]

Market Cap

The current market capitalization is about INR 9 billion (US$180 million).

Products

Nectar Lifesciences manufactures oral and sterile active pharmaceutical ingredients, finished dosages and phytochemicals. Nectar is the world's largest manufacturer and exporter of natural menthol and allied products. The company is also in business of providing leading pharmaceutical organizations with contract research and manufacturing services. It also manufactures empty hard gelatin capsules.

References

External links