Ranbaxy looks to outsource ingredients

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New Delhi, March 12, 2014:
The drug maker will source active pharmaceutical ingredients, or the raw material used to make finished medicines, from these plants.

A senior company official said Ranbaxy already has some ingredient manufacturing sites in place and would source the ingredients from these plants.

According to reports, the company is also in talks with two companies for sourcing ingredients for a generic version of AstraZeneca Plc’s heartburn pill Nexium.

However, a company spokesperson refused to comment on this particular move.