Co-Diagnostics announced an update on the Joint Venture (JV) manufacturing facility in Vadodara, India.
CoSara Diagnostics broke ground on the future Good Manufacturing Practices (GMP) facility in October 2017. All building activities have continued on schedule, with principle construction now almost complete and negotiations underway or work orders placed with various agencies for electrical work, clean room design, heating, ventilation & air-conditioning system and other required infrastructure.
The documentation for the JV’s future Quality Management System, required to seek ISO certification and regulatory approvals, is currently being established, and CoSara management has recently completed meetings with regulatory consultants to finalize the procedure for obtaining the manufacturing license from the Indian government once the plant is ready for inspection.
“This is an important milestone for the joint venture as we continue to make measurable progress on the execution of our strategic plan. The project is moving forward on schedule and we look forward to initiating manufacturing operations in this state-of-the-art facility for all Co-Diagnostics products that will be sold in India,” Co-Diagnostics CEO Dwight Egan said. “India remains a central focus for our Company’s infectious disease initiative, with a market that continues to grow both in size and in demand for high-quality, cost-conscious diagnostics, and this facility will be a key component in addressing the extreme needs of this diagnostics market.”