Indian Pharma firm Granules opens packaging facility in US Virginia

Indian pharmaceutical company Granules has opened a new packaging facility in Virginia, United States, as part of its strategy to expand its global presence and meet growing demand for its products.

• Granules is a Hyderabad-based pharmaceutical company that specializes in developing and manufacturing Active Pharmaceutical Ingredients (APIs), pharmaceutical formulations, and packaging.
• The new packaging facility in Virginia, which is spread across 100,000 square feet, will cater to the needs of the North American market and create over 120 jobs.
• The facility is equipped with advanced technology and automation systems that enable efficient and high-quality packaging of a wide range of pharmaceutical products.
• The investment in the facility is part of Granules’ broader strategy to increase its market share in the US and other global markets, where demand for generic drugs and APIs is rapidly increasing.
• The US is the world’s largest pharmaceutical market, and the demand for generic drugs is expected to grow significantly in the coming years, providing ample opportunities for companies like Granules to expand their presence in the market.