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Monday, March 5, 2012

Medicamen Biotech Ltd:Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Medicamen Biotech Ltd

Story:Medicamen Biotech Limited engages in the manufacture and supply of pharmaceutical formulations primarily in India. The company offers various products, including tablets, capsules, liquid and dry syrups, ointments, and ORS. It also exports its products to Africa, Central America, Commonwealth of Independent States, and the south east Asia.Medicamen Biotech has two units located at Bhiwandi in Rajastan and Haridwar in Uttarakhand. Medicamens main strength is in antibiotic and anti bacterial segment.Its manufacturing units are approved by overseas authorities like National Drug Authorities- Kampala, Uganda,Food & Drug Board, Ghana.Ministry of Health (NAFDAC), Nigeria,. Ministry of Health, Zimbabwe,. Brazilian Sanitary Vigilance Agency, Brazil,. Board of Drugs & Medical Appliances, Ministry of Health, Republic of Yemen,.Tanzania Food & Drugs Authority- Tanzania ,.Pharmacy, Medicines & Poison Board- Malawi,.Ministry of Health- Ivory Coast ,.Bureau of Food & Drugs- Philippines ,Cosmetics, Devices & Drugs Authority- Srilanka ,.Drugs Administration of Veitnam- Veitnam ,.Pharmacy & Posion Board- Zambia etc. Its concentration in less developed countries gives immense scope for growth.Though its making losses for the present fiscal but may well surprise in the coming years.Keep a close watch on the counter.

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