In a press-release as submitted by the company to the Indian Bourses, titled - "Commercial Manufacturing Operations begin in NATCO's Visakhapatnam Formulation Facility" it further read that, Natco Pharma Ltd is pleased to announce that its Finished Dosage Formulations (FDF) facility in Visakhapatnam has commenced commercial operations.
The facility is a part of the Special Economic Zone (SEZ) and intended to cater primarily to the U.S. & other international markets.
Vizag facility is a key part of NATCO' s capacity expansion plans for its pipeline of products and diversification into different geographies.
From capability perspective, this facility will focus mostly on oral solid dosages (tablets and capsules), including a cytotoxic block for products in the oncology segment.
An application with the U.S. Food and Drug Administration (USFDA) is already filed for site transfer of the first product & to trigger a regulatory audit.
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