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Our Bureau

New Delhi, April 20

Panacea Biotec has commenced production at its new pharmaceutical formulation plant in Baddi, Himachal Pradesh. This plant is in compliance with global standards and has an installed capacity to manufacture 900 million tablets, 120 million capsules, 12 million ointment/gel tubes, and 1.2 million litres of liquid orals per annum.

Mr Rajesh Jain, Joint Managing Director, said: "This facility will give a competitive edge to the company as we continue to innovate and step up our growth strategy."

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