Support and Resistance Levels
Past performance
About Medico Remedies Ltd Medico Remedies Limited, established in 1994, is a pharmaceutical formulation manufacturing company based in Palghar, Maharashtra. Initially a private entity, it became a public limited company in 2017. The company specializes in a broad range of medications, including anti-infectives, Beta-Lactams, cephalosporins, antimalarials, antiretrovirals, and more. It holds ISO 9001:2015 certification and WHO-GMP accreditation, ensuring high-quality manufacturing standards.
Medico Remedies operates multiple production units, including a dedicated beta-lactam unit. It maintains strong relationships with both domestic and international clients, such as Anphar Limited and Saad Medical. In 2018-19, the company expanded its manufacturing capabilities by acquiring an adjacent facility. Medico Remedies also generates revenue through selling licenses like FMS and FPS. In 2018, it raised Rs 10.99 Crores through a public equity issue, bolstering its financial resources for further growth.