New Hormonal Products Plant of CORONA Remedies to be operational in FY 2026
November 28, 2024
Bavla: CORONA Remedies Private Limited, one of the fastest growing pharmaceutical companies in India today informed it is coming up with a hormonal product manufacturing plant in Bhayla, Ahmedabad. The construction of the facility has been completed. Commercial production is expected to commence in FY 2026.
The company informed that the new facility will focus on producing a range of essential female hormone products, including treatments for conditions such as dysmenorrhoea, polycystic ovary syndrome (PCOS), infertility, PMS & hormonal disorders. With an annual production capacity of 20 crore units, the plant is designed to meet growing domestic and international demand. The facility is equipped with advanced isolator systems for handling potent hormonal APIs, ensuring zero contamination and maximum safety.
CORONA Remedies holds a 4% market share in the female hormone category. The company ranks among the top 10 players in the Indian market, with leadership in products such as progesterone, dydrogesterone, and norethisterone.
The company’s existing manufacturing infrastructure, certified by WHO-GMP and EU-GMP, supports its portfolio in areas including cardiovascular care, neuropathy, pain management and urology. Two DSIR-approved R&D centres, staffed by over 100 scientists working on more than 80 projects, drive CORONA’s innovation. This new hormone facility will integrate advanced automation and AI technologies, informed the company officials.
Nirav Mehta, Managing Director & CEO of CORONA Remedies, emphasised the importance of the new plant: “India’s women’s healthcare sector is growing rapidly, driven by increasing awareness and prevalence of conditions like PCOS infertility, PMS & hormonal disorders. Despite women comprising nearly 50% of the population, the country has very few specialised hormonal products’ manufacturing units. Our new facility aims to bridge this gap, ensuring high-quality, consistent hormonal products for millions of women. With cutting-edge technology and adherence to global standards, we are poised to meet both local and global demand.”
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