PANACEA BIOTEC INAUGURATES NEW FACILITY

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Panacea Biotec has informed the Bombay Stock Exchange that the Chairman Soshil Kumar Jain inaugurated a new pharmaceutical formulation facility of soft gelatin capsules' at the Baddi complex of the company in Himachal Pradesh. The annual capacity of the new plant is around 150 million soft gelatin capsules on a single shift basis.

The Hindu (http://www.thehindu.com/2006/07/18/stories/2006071801901802.htm)