Aurobindo Pharma to commercialise China plant in 3rd quarter of FY25: CFO
Aurobindo Pharma expects its China facility to commence production in the next quarter with full-scale output anticipated only in the next fiscal year, according to Chief Financial Officer Santhanam Subramanian.
The Hyderabad-based drug major plans to start a small volume roll out in the November-December period and expects to ramp it up in the January-March quarter of the next year.
"Our China plant is expected to be commercialised from Q3 FY25, and the ramp up is expected from Q4 FY25," Subramanian said in an analyst call.
The full-fledged volume production will start at the facility in FY26, he stated.
"We are trying to do some filings for China as well as for the US. So all this will take the China revenue potential up in the coming years. This year, we will see only a small volume and value," Subramanian stated.
He noted that the company is also on track with respect to large-scale commercialisation of Pen-G (penicillin).
The company is hopeful to ramp up production signific