Ranbaxy and Mallinckrodt Baker Inc. enter into a marketing alliance in India

07-Jul-2003

Ranbaxy fine chemicals Limited (RFCL), New Delhi, a wholly owned subsidiary of Ranbaxy Laboratories Limited, announced its strategic marketing alliance with Mallinckrodt Baker Inc (MBI), USA. RFCL will market MBI JT Baker and Mallinckrodt's range of Scientific Laboratory Products in the Indian market, thereby enabling RFCL to considerably increase its product offerings to the Scientific Community.

The alliance will leverage the technological and product development competencies of MBI and the marketing and distribution muscle of RFCL. The integration of the capabilities of the two partners will create a sustainable competitive advantage to enhance business prospects for these products and maximise the commercial value.Through this alliance, RFCL will be extending high purity products and services for Pharmaceutical, Biotechnology, Chemicals, Research & Development, Electronics, Environmental and Healthcare industries. RFCL will now cater to a wide range of scientific needs for HPLC and Spectroscopy solvents, Ultra trace analysis of impurities, certified reference materials, bioscience products, Chromatography columns and SPE cartridges, and KFR reagents for coulometric titrations, besides offering the complete range of over 5000 products of JT Baker and Mallinckrodt brand.

Commenting on the alliance, Mr. Sushil Mehta, Director, RFCL, said, "This is a significant step in RFCL,s ongoing commitment & thrust to become a 'Total Laboratory Solutions Provider' for Research and Analytical needs. RFCL sees considerable synergies between MBI and RFCL, to offer enhanced value to the Indian Researcher."

On the development, Mr. B.H . Khoo, Director-Asia Pacific, MBI, said "I am highly impressed by Ranbaxy Fine Chemical Ltd. and its commitment to Mallinckrodt Baker products. I am sure we will see profound success in this joint initiative"

Malinckrodt Baker Inc, formed after the union of JT Baker and Mallinckrodt Chemicals, has over 100 years of worldwide experience in High Purity products for scientifc applications. Its "Generations of Good Chemistry" has enabled it to offer high quality products for laboratory, biopharmaceutical, microelectronic and industrial applications. Headquartered in Phillipsburg, New Jersey, MBI has 5 manufacturing facilities in US, Mexico and Europe with business in over 80 countries. Particular expertise of MBI rests in biochemistry, separation science, inorganic and organic chemistry, microelectronics, surface and ultra trace analysis.

Ranbaxy Fine Chemicals Limited (RFCL) is one of the of Allied Businesses of Ranbaxy Laboratories Limited. RFCL achieved sales of Rs. 329 million for the year 2002. The division is ranked 4th in the industry with a 11% market share with significant focus on value-added product lines. RFCL is a leading manufacturer and marketer of fine chemicals. In its continuance focus to become a total laboratory solutions provider, RFCL has also joined hands in the recent past with Sartorius India, Bangalore to cater to the filteration needs of the scientists by offering wide range of high quality filter papers. RFCL has also established as an efficient and reliable supplier for wide range of 17500 range chemicals of ACROS Organics, a Fisher Scientific worldwide company.

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