Parnax Lab Ltd. (India)

Parnax Lab Ltd., located in Mumbai, India, is a pharmaceutical and cosmetics manufacturing company. It was founded in 1985 by Mr. Prakash M. Shah and Mr. Baiju M. Shah, who identified a gap in the Indian Pharma sector. The company has experienced significant growth and expansion over the years, and it is currently listed on the Bombay Stock Exchange under the name "Parnax Lab Ltd." The company is led by Mr. Mihir P. Shah and Mr. Binoy B. Shah, the sons of the founders, who are committed to providing professional and differentiated services to meet the industry's demands. Parnax Lab Ltd. has a qualified and passionate management team that has contributed to its success in pharmaceutical manufacturing. The company has achieved significant milestones, including ISO 9002 status from RWTUV, Germany, for its good quality systems in manufacturing and marketing formulations for domestic and international markets. Parnax Lab Ltd. has state-of-the-art manufacturing facilities in Silvassa and Baddi, India, and its main strength lies in manufacturing finished formulations for multinationals in India and abroad. The company is WHO-approved and EHS-compliant and aims to establish its presence as a leading pharmaceuticals, cosmetics, and herbal products manufacturer in markets such as South East Asia, CIS, and LatAm. Parnax Lab Ltd. specializes in developing and delivering large volumes of oral formulations, including cough expectorants, antacids, anti-histamines, multi-vitamins, and more. The company's head office is located in Mumbai, India.