How large and important is Lonza's focus on the Indian market? What are your revenue and growth targets for India's pharma business?
Lonza India is a wholly-owned subsidiary of Switzerland-based and world's leading, integrated solutions provider for pharma and consumer healthcare. Lonza started its operations in India in 1997 as a liaison office. The office was involved mainly into sourcing advanced intermediates from India. Lonza came in as a fullfledged sales and commercial organisation with the acquisition of Cambrex Bio Products in 2007 and was renamed as Lonza India in 2008.
As India is a strategic market for the company, Lonza India has set the target of doubling its turnover by 2024 with an estimated growth of over 14 per cent. Therefore, Lonza India, recently opened its Corporate Office in Gurugram (Delhi-NCR). The new office was inaugurated by Andreas Baum, Ambassador of Switzerland to India who emphasized on India and Switzerland’s full-fledged partnership with each side benefiting from the strength of the other.
Tell us about Lonza India’s product offerings and strategic focus?
The offerings consist of products for cell discovery, molecular biology, rapid testing tools, fine chemical intermediates and pharma and intermediates for agrochemicals, consumer health and nutrition, biocides for industrial application, disinfectants for hospitals and various performance chemicals. Lonza India is now focusing on achieving the strategic vision of being a leading, integrated solutions provider for its pharma, consumer healthcare and nutrition customers all along the healthcare continuum in India.
This story is from the January 16-31, 2020 edition of Express Pharma.
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This story is from the January 16-31, 2020 edition of Express Pharma.
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