India has long been a major player in the global pharmaceutical industry, with a thriving domestic market and a reputation for producing high-quality, affordable drugs. However, like many other countries, India has historically relied on imports for many of the raw materials used in drug manufacturing. In recent years, there has been a push to increase self-reliance in the pharmaceutical industry, and Farmson Pharmaceutical had already embarked on this path long back leading the charge when it comes to Paracetamol API manufacturing.
The Importance of Paracetamol
Paracetamol is a widely used pain reliever and fever reducer that is sold under various brand names around the world. It is the most affordable analgesic and antipyretic classified as an essential drug that is included on the World Health Organization’s List of Essential Medicines. The demand for Paracetamol has skyrocketed in recent years, with the COVID-19 pandemic driving even more demand for this critical & essentail drug.
The Challenge of Paracetamol API Manufacturing
Paracetamol is made from a raw material (intermediate) called para-aminophenol (PAP), which is predominantly produced in China. This had created a dependence on Chinese suppliers for PAP, which resulted in supply chain disruptions and price fluctuations in the past. To address this challenge, Farmson Pharmaceutical has taken a proactive approach to Paracetamol API manufacturing targeted at self-sufficiency and with no dependence on China whatsoever.
Backward Integration
One of the biggest advantages of Farmson Pharmaceutical is that the company has invested in backward integration. This involves owning and controlling the supply chain from raw materials to finished products. By producing its own PAP, Farmson has eliminated its reliance or dependence on Chinese suppliers and ensured a consistent supply of this critical raw material. This has allowed the company to be more flexible and responsive to market changes, while also ensuring that it can maintain the highest standards of quality, safety along with uninterrupted supply continuity.
Location Advantage
Farmson Pharmaceutical is located in the chemical belt of Western India, with all the major raw material suppliers in the vicinity. This enables them to have complete control over the raw material supply chain, continuous production process and in turn ensuring best quality. They have a state-of-the-art manufacturing facility equipped with the latest technology and equipment, which ensures that the production process is efficient, consistent and with minimal manual intervention.
Commitment to Quality
Farmson Pharmaceutical has a robust quality management system that ensures that its Paracetamol API manufacturing meets the highest standards of quality and safety. The company is committed to using the best in manufacturing practices, and it regularly undergoes audits and inspections of its facilities to ensure compliance with international quality standards.
Farmson Pharmaceutical’s commitment to self-reliance when it comes to Paracetamol API manufacturing is a game-changer for the Indian pharmaceutical industry. By investing in backward integration and controlling the supply chain from raw materials to finished products, the company has reduced its dependence on Chinese suppliers and ensured a consistent supply of PAP. This has allowed the company to be more agile and responsive to market changes, while also ensuring the highest standards of quality and safety. With its state-of-the-art manufacturing facility and commitment to quality, Farmson Pharmaceutical is poised to lead the way in Paracetamol API manufacturing in Indian and Global scenario.