Sami Labs buys KCP Biotech's unit.

Bangalore-based Sami Labs has acquired manufacturing unit of KCP Biotech in the Genome Valley here for an undisclosed sum. The ISO-certified facility is spread across five acres and expected lead production innovation for the pharmaceutical segment. 'With this new addition of the unit, we are expecting our output tonnage capacity to go up by 60-75 tonnes per day. The next step is to ad new products to our kitty,' Muhammed Majeed, Founder and Managing Director, Sami Labs said in a release issued here. Sami Labs, which manufactures and markets phytonutrients and standardised herbal extracts, specialty fine chemicals and organic intermediaries, was aiming to strengthen its product portfolio, he added.

HBL