Cookie Consent by Free Privacy Policy website New opening of Solaris Pharmatech India - Solaris Biotech Solutions and Pharmatech Process Equipment together at the India Pharma Week
february 14, 2020 - Solaris

New opening of Solaris Pharmatech India - Solaris Biotech Solutions and Pharmatech Process Equipment together at the India Pharma Week


Porto Mantovano, November 29, 2019 – Solaris Biotech Solutions is opening Solaris Pharmatech India, a joint venture with the company Pharmatech Process Equipment to affirm its presence also on the Indian market.

To announce this new partnership #solaris and Pharmatech shared the same stand at the CPhI #india, focused on API, Finished Formulations, Outsourcing, Generics, Excipients and Drug Formulation, Fine Chemicals, Lab Chemicals, Biotechnology and Biosimilars. CPhI #india takes places during the #indiapharmaweek from November 26 to 28, a week full of business and networking opportunities, that involves over 40,000 pharma professionals from 120+ countries.

The event collects those established companies that want to get the Indian pharmaceutical market. This market is growing at 15% annually, twice the world market growth rate. While its generics market is growing strong, it is also evolving into a cradle for new drugs. In particular, the biotechnology industry in #india was valued at US$11 billion in 2016, and is forecast to grow to $100 billion by 2025.

Matteo Brognoli, Managing Director of #solaris Biotechnologies, says: “India is one of the world's fastest growing economies and one of the most important pharmaceutical markets globally. The partnership with Pharmatech projects #solaris towards a clear leading role into the Asian markets”.

Pratap Teli, Managing Director of #pharmatechprocessequipment, introduces the new partnership with encouraging words: “India represents a growing market for Biotech Industry with a yearly increase expectation of +20% during the next 5 years. We’ve seen an increasing demand for Fermentation Systems and Bioreactors coming both from Biopharma and Biotech Industries that more and more are moving from basic chemicals to fermented drugs. Thanks to this new partnership with #solaris, Pharmatech will take advantage of the process know-how to furnish the growing demand of the Indian market with high-quality products”.