Novo Nordisk Pharmatech A/S enters a distribution agreement with Signet Chemical Corporation
pharmafile | August 3, 2018 | News story | Business Services, Manufacturing and Production, Medical Communications, Research and Development, Sales and Marketing | Novo Nordisk, pharma, signet chemical corporation
Novo Nordisk Pharmatech A/S enters a distribution agreement with Signet Chemical Corporation Pvt. Ltd. for cGMP Quaternary Ammonium Compounds for pharmaceutical and medical device applications.
Novo Nordisk Pharmatech A/S has entered into an agreement with Signet Chemical Corporation Pvt. Ltd. for the distribution of their pharmaceutical range of quaternary ammonium compounds (FEF® Quats) to the healthcare industry in India, Bangladesh and Sri Lanka.
Mr. Harish Shah – managing director of Signet commented on this new collaboration: “We are pleased to be associated with Novo Nordisk Pharmatech which is the leading supplier of Quats to the pharmaceutical and biopharmaceutical markets. Novo Nordisk Pharmatech’s FeF® Quats complement our existing portfolio of excipients used especially for ophthalmic, nasal and topical dosage forms”.
Novo Nordisk Pharmatech A/S manufactures Quats (Benzalkonium Chloride, Cetrimide and Cetyl Trimethyl Ammonium Bromide (CTAB), including customised grade, in accordance with cGMP (ICH Q7) for active pharmaceutical ingredients which is the highest available quality standard. Their products comply with the latest pharmacopoeial standards and are extensively supported by CEPs, DMFs and a comprehensive package of regulatory and quality assurance documents. Their manufacturing site (Koege, Denmark) is audited by the Danish Medicines Agency and US FDA.
“We are very happy to work with Signet as our distribution partner for pharmaceuticals. Novo Nordisk Pharmatech’s FeF® Quats products fit perfectly with Signet’s wide range of excipients enabling the customers to take advantage of these synergies. We wish to give the best service to our customers and the local pharma team of Signet are experts in working with customers to support their product development” says Steve Profit, sales & marketing director at Novo Nordisk Pharmatech A/S.
About Signet
Signet, is India’s leading pharmaceutical excipient distributor company offering a broad range of excipients under one crest. Founded in 1986, Signet Chemical Corporation Pvt. Ltd. is a pioneer in the excipients business in India. Since its inception, Signet has combined technical expertise with commercial support to provide its clients accurate information and exceptional product value. With 95 qualified and well-trained members, the Signet team has an excellent understanding of the intricacies of the market and has strong relationships with key partners to take the company forward. Signet has a turnover of approx. 174 million US dollars with around 100 employees serving India, Bangladesh, Nepal and Sri Lanka.
About Novo Nordisk Pharmatech A/S
Novo Nordisk Pharmatech A/S was established in 1949 as FeF Chemicals, acquired by Novo Nordisk in 1986 and has been part of the pharmaceutical group since then.
It is the leading worldwide supplier of recombinant insulin for cell growth media and pharmaceutical grade quaternary ammonium compounds (Quats) for the pharmaceutical, biopharmaceutical and personal care industries.
For more information, please visit: www.novonordiskpharmatech.com.
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