Support and Resistance Levels
Past performance
About Mangalam Drugs and Organics Ltd Mangalam Drugs and Organics Ltd, initially incorporated as Advent Pharma Pvt Ltd in 1972, is a public limited company specializing in the manufacturing of chemicals, including active pharmaceutical ingredients (APIs), perfumery, disperse dye intermediates, bulk drugs, and intermediates. The company operates from manufacturing facilities in Vapi, Gujarat, and Sangamner, Maharashtra, supported by an in-house R&D unit. Over the years, Mangalam Drugs has expanded its product line and production capacities, exemplified by launching products like Nimesulide and Amodiaquine Hydrochloride and increasing their bulk drug production capacity from 350 MTPA in 2003-04 to 1260 MTPA in 2005-06.
The company has emphasized regulatory compliance and quality with its Regulatory Affairs and Intellectual Property Rights (IPR) cells, leading to WHO approvals for their active pharmaceutical ingredients such as Lumefantrine and Artemether. The Dhoot family promotes Mangalam Drugs, and through strategic amalgamations and product introductions, it has bolstered its capabilities in the pharmaceutical manufacturing sector.