Nectar Lifesciences Unit VI receives Ukraine GMP certification
The GMP certification enables the company to sell or export medicinal products to Ukraine, potentially opening new markets and revenue streams. However, the impact is moderated by the prior approval of the slump sale of Unit VI, meaning the certified unit might not remain under the company's direct control for the full validity period.
The company received a Good Manufacturing Practices (GMP) certification from the State Service of Ukraine on Medicines and Drugs Control, which is essential for selling or exporting medicinal products to Ukraine and other regions following these standards, indicating quality compliance and market access potential.
* Nectar Lifesciences Limited (NECLIFE) announced that its Unit VI, located at Village Bhatolikalan, Adjoining Jharmajri, E.P.I.P., P.O. Barotiwala, Tehsil Baddi, District Solan, Himachal Pradesh, has received the Certification of Good Manufacturing Practices (GMP) for Medicinal products. * The certification was granted by the State Service of Ukraine on Medicines and Drugs Control (SMDC). * It adheres to the Guide: 42-4.0:2020 for Good practices in the manufacture and quality control of the Pharmaceutical Inspection Convention/Cooperation Scheme (PIC/S), EU Directives, and World Health Organization recommendations. * This certification is specifically for products to be sold or distributed within Ukraine or to be exported from the State Service of Ukraine on Medicines and Drugs Control. * The certification is valid until April 18, 2026. * The company also noted that its shareholders had previously approved the slump sale of Unit VI, as disclosed on August 4, 2025, and July 7, 2025.
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Nectar Lifesciences Limited filed this with the NSE as a statutory disclosure, categorised under regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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