Ciro Pharma Pvt Limited plant at Biotech Park Phase III is aimed at manufacturing anti-cancer drugs for regulatory markets like USA, UK, Europe, Canada, and South America. The products majorly include monoclonal anti bodies, cancer therapeutics in the form of oral solid dosages, capsules, and injunctions. Nutrition and dietary supplements for cancer patients in the form of soft gel capsules is also part of our manufacturing portfolio. The board of directors of Ciro Pharma Pvt Limited are:
Name | Designation |
---|---|
Dr. K. Govinda Reddy | Managing Director |
Smt. K. Harshitha Reddy | Director |
Sri. Y. Madhusudan Reddy | Director |
Sri. K. Someshwar | Director |
TSIIC has allotted plot no. 28 measuring 25763 Sq. Mtr at Bio Tech Park, Phase-III, Karakapatla Village, Siddipet District. The promoters have also purchased additional private land admeasuring 16000 Sq. Mtr and the cost of the land is estimated as INR 10 crores which includes the registration charges and taken into the project cost.
BuildingsThe building is proposed with an estimated cost of INR 66 crores and it is included in the project cost.
Plant & MachineryThe cost of the equipment and other preoperative expenditure is taken as Rs. 112 crores and included in project cost. Preliminary expenditure of Rs. 5 Crores along with working capital Rs. 25 crores is also provided in the project cost.
Cost of the projectSl. No | Particulars | Proposed (in crores) INR |
---|---|---|
1 | Land | 10.28 |
2 | Building | 55.72 |
3 | Plant & Machinery (Indigenous) | 112.00 |
4 | Preliminary & Pre-operative Expenses | 5.00 |
5 | Working Capital | 25.00 |
TOTAL | 208.00 |
Sources | (In crores) INR |
---|---|
Promoters’ Contribution | 57.00 |
Term loan from Bank | 126.00 |
Working Capital Margin by promoters | 6.25 |
Working Capital Borrowings | 18.75 |
TOTAL | 208.00 |
Product | UOM | Installed Capacity/ per day |
---|---|---|
Tablets | Nos | 12,00,000 |
Capsules | Nos | 2,40,000 |
Injectables (Liquid) | Nos | 57,600 |
Injectables (Lyophilised) | Nos | 15,000 |
Softgel | Nos | 12,00,000 |