Germany's specialty glass company SCHOTT AG and Serum Institute of India, the world‘s largest vaccine producer and manufacturer of biologics, have formed a joint venture for pharma packaging products such as vials, syringes, ampoules and cartridges. Serum Institute bought the 50% stake in the Indian joint venture SCHOTT Kaisha from...
German Machine Maker Expands JV in India
Schott Kaisha, a joint venture between Mainz, Germany-based Schott AG and Mumbai headquartered Kaisha Manufacturers Private Limited, that makes pharmaceutical packaging will invest over $90 million to set up new facilities and expand existing ones. The increased capacity will cater to the growing demand of ampoules, vials, syringes, cartridges and...