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Tuesday, March 22, 2011

Sharon Bio-Medicine In-House R & D Unit recognised


Sharon Bio-Medicine’s manufacturing site at L-6, MIDC, Taloja, Near Navi Mumbai, Maharashtra having its own In-House Research and Development Centre has been recognized by Department of Scientific and Industrial Research which falls under Ministry of Science and Technology, Government of India, New Delhi.
As per the provision of the act Sharon will avail exemptions of customs / excise duties and income tax which is available after been recognised by Department of Scientific and Industrial Research. This benefit is available till March 31, 2013 and is extendable after meeting certain criteria’s.
Last month, Sharon Bio-Medicine has signed Memorandum of Understanding with The State - Joint Stock Concern 'Uzpharmsanoat' of the Republic of Uzbekistan for setting up Pharmaceutical Plant in Navoi Free Industrial Economic Zone in Uzbekistan.
Sharon Bio-Medicine offers contract manufacturing for finished dosage forms; viz. tablets, capsules and injectables. Sharon has identified niche areas of oncology for export markets.

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