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PEZA: Indian firm planning to set up PH facilty

INDIAN pharmaceutical firm Aurobindo Pharma Ltd. plans to establish a facility in the Philippines to manufacture generic pharmaceuticals and active pharmaceutical ingredients (APIs), the Philippine Economic Zone Authority (PEZA) said last week.

PEZA Director General Tereso Panga met with Aurobindo Pharma's Chief Business Officer Ravikiran Namburi, Senior Vice President Debashis Sarkar, and General Manager Aravind Babu at the PEZA head office last September 26, following a July 2024 meeting in India.