P&G Health announced that the Goa plant will discontinue production of injections

On Wednesday, Procter & Gamble Health announced that from September 30, it would discontinue producing injections at its Goa manufacturing plant.

 

The company stated that it intends to source the injection portfolio of its goods from a contract manufacturer while also discontinuing the production of injections at the plant.

 

"Discontinuation of production at company’s plant in Goa, shall not have an impact on the continuity of sale of injections by the company, as the products will be sourced from a contract manufacturer," Procter & Gamble Health said in a filing to the stock exchanges.

 

To save costs and optimize supply, the company is outsourcing the manufacture of its injection portfolio.

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Share Market

blog-logo

10 mins read . 09 Dec 2024

What is the Bombay Stock Exchange?

  • 0 people read
blog-logo

Share Market

blog-logo

13 mins read . 09 Dec 2024

Stocks Under 5 Rupees in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions