Support and Resistance Levels
Past performance
About Akums Drugs & Pharmaceuticals Ltd Akums Drugs and Pharmaceuticals Limited, founded in 2004, is a prominent pharmaceutical contract development and manufacturing organization (CDMO) based in India. The company specializes in the production and sale of branded pharmaceutical formulations, active pharmaceutical ingredients (APIs), and offers a wide range of services including formulation R&D, regulatory dossier preparation, and testing. Akums is recognized for its compliance with global standards, holding accreditations from agencies such as the European GMP, WHO GMP, and the US NSF. Its diverse product portfolio covers therapeutic areas like anti-infectives, respiratory, and diabetes.
The company has expanded through strategic acquisitions and facility developments, including the incorporation of subsidiaries for nutraceuticals and branded formulations. Recent expansions include acquiring manufacturing units in Punjab and Haryana. Akums is set to raise Rs 680 Crores through a public issue, aiming to enhance its market presence and operational capabilities. This strategic move underscores its commitment to growth and innovation in the pharmaceutical industry.