Raspa Pharma is planning to set up an active pharmaceutical ingredients (API) manufacturing unit at the Industrial Area Rae Bareilly in Rae Bareilly district of Uttar Pradesh.
The proposed unit will span over 4.64 acres of land parcel which has been allotted by the UP State Industrial Development Authority.
The state-of-the-art greenfield facility will to be utilised for the manufacturing of fermentation-based APIs namely immuno-suppressants and oncology APIs. The plant will have a total fermentation capacity of 200 KLD.
Raspa Pharma is awaiting environmental clearance. The company anticipates work on the project to start by November 2023.