Ciro Pharma is planning to set up a drug formulation unit at Karkapatla village in Siddipet, Telangana.
The proposed unit will manufacture tablets, capsules, injectables (liquid & dry powder) and soft gelatin capsules.
As per the latest update shared with Projects Today, Ciro Pharma is in the process of achieving financial closure. The company also awaiting necessary clearances for the project.
The contractor and machinery supplier for the project are still being finalized.