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Suven Life Sciences Ltd's Pashamylaram's Unit Receives FDA Acceptance


1/22/2014 10:10:21 AM

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HYDERABAD, INDIA (Jan 22,2014) – Suven Life Sciences Limited an ISO 9001, ISO 14001 and OHSAS 18001 company has undergone US FDA renewal inspection at their facility in Pashamylaram, near Hyderabad for the manufacture and supply of active pharmaceutical ingredients (bulk drugs) , intermediates and formulations under cGMP.

Based on the inspection and the review thereafter US-FDA has classified Suven facility at Pashamylaram as acceptable for manufacture and supply of active pharmaceutical ingredients, intermediates and formulations.

So far Suven Life Sciences has filed 29 DMF’s and 1 ANDA from this facility which is FDA complaint under cGMP and continued after renewal inspection.

Suven Life Sciences is a Hyderabad based Life Science company is a pioneer in Contract Research and Manufacturing Services (CRAMS) since 1995 and Drug Discovery and Development Support Services (DDDSS) since 2005, a Collaborative Research Partner (CRP) in Drug Discovery for a global Pharma major since 2006 and has in house program for discovering, developing and commercializing novel pharmaceutical products, which are first in class or best in class CNS therapies through the use of GPCR targets. The Company has twelve (12) internally-discovered therapeutic drug candidates currently in pre-clinical stage of development targeting conditions such as ADHD, dementia, depression, Huntington's disease, Parkinson's disease and obesity in addition to developmental candidate SUVN-502 for Alzheimer's disease and Schizophrenia

For more information on Suven please visit our Web site at http://www.suven.com

Safe Harbor Statement:

Except for historical information, all of the statements, expectations and assumptions, including expectations and assumptions, contained in this news release may be forward-looking statements that involve a number of risks and uncertainties. Although Suven attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. Other important factors which could cause results to differ materially including outsourcing trends, economic conditions, dependence on collaborative partnership programs, retention of key personnel, technological advances and continued success in growth of sales that may make our products/services offerings less competitive;

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