Mr. Kirit Shah & Mr. Vikram Tannan incorporated “Vikas Company Limited” which was reformed to “Medicap Limited” post BOI approval to set up softgel facility at SAMUTPARKARN
“Soi 6, Samut Prakran, Thailand” Our first manufacturing facility with 2 machines received a license from Thai FDA to produce medicines with annual capacity of 230 million
Began manufacturing Nifedipine for Berlin Pharmaceutical Industry Co., Ltd
Added 2 more production lines to our manufacturing capacity, after receving 2nd BOI approval to increase capacity.
Increased our annual production capacity to 625 million soft gel capsules by adding 5th machine to our facility. Received Food license from TFDA
“Mega Products Limited” was formed to market and sell nutraceutical products under our own brands.
Mr D.N.Azad joins as CEO & Mr.Vivek Dhawan now the Company’s Chief Executive Officer, joined as Plant Manager with a team of 10 people.