16-Mar-2006 - Degussa AG

Degussa and Hikal sign manufacturing agreement

The Exclusive Synthesis & Catalysts business unit of Degussa AG, Dusseldorf, Germany, has announced that it has signed a long-term, non-exclusive agreement with Hikal Ltd., India, for a cooperation on the manufacture of pharmaceutical intermediates and APIs. Under this agreement Degussa will provide certain projects to Hikal. In turn, Hikal will provide manufacturing of the respective advanced intermediates and APIs for Degussa. This is the first agreement that Hikal has signed with Degussa.

Based in Nariman Point, Mumbai, with administrative offices in CBD Belapur, Navi Mumbai, Hikal has five manufacturing facilities and two R&D facilities. Offering extensive experience in contract and custom manufacturing under cGMP, Hikal began operations in 1988 with a clear vision to be a partner to national and multinational corporations as an independent source of quality fine chemicals, APIs and agrochemicals and has operated successfully for well over a decade.

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