India Faces Higher QC Costs As Shasun Shows Value Of Compliance

Increased recognition of FDA scrutiny and the cost of quality failures have led to drug manufacturers in India to double spending on compliance over the past 5 years, according to credit rating agency CRISIL. And investors in India are increasingly aware of the value of such investments, Shasun Pharma seeing shares jump 16% this week after they got through an FDA inspection with only one Form 483.



Shasun has fared better than some of its neighbors in regulatory inspections; with the withdrawal of 2,900 bottles ulcer drug ranitidine stomach is manufactured by Glenmark Pharmaceuticals is a recognized problem. The company still has been caught in the furor over quality control in India, however. In 2012, some people misinterpret a warning black for one of the products customers Shasun as a warning letter to the manufacturer box, resulting in the CEO having to clarify the situation in a television interview.

This week Shasun experienced investors across twitchiness about FDA warnings when the result of a survey sent its shares down 16%. FDA inspectors visited the plant in Tamil Nadu Shasun last month, pointing out what the company calls "483s minor", but generally considered that the installation complies with GMP. Mexican authorities also inspected the plant and concluded the plant was in full compliance. With everyone alert for the next crisis-like Ranbaxy, the result was seen as positive by Shasun remarkable. Claris Lifesciences also gained 7% after the FDA approved its API plant.

The fate of Ranbaxy and other drugmakers in India has put the focus on quality control and led to greater investment by manufacturers. In a report on the trend, CRISIL concluded training expenditure, compliance departments and preventive structured governance can reduce the likelihood of falling out of favor with the FDA. And the size of the U.S. market makes such investments worthwhile, with sales to the country accounting for 30% of India's pharmaceutical exports.

Engineers And Head Of Accounts – Velosi Integrity And Safety Pakistan – Karachi

Description:

Engineers and Chief Accounts
Jobs for engineers

Velosi Integrity & Safety Pakistan (Pvt0 Ltd (Spanish Multinational Companies, working in Pakistan) is the inspection and supplier of engineering services and working in the field of oil and gas worldwide. Strengthen the engineering team; we are looking for young, energetic candidates for joinfast growing organization.

1. Business Development (Engineer): 02 positions (in Karachi and Lahore) 3-5 years exp in Oil and Gas Sector.

2. Inspection Engineer (LEEA-II): 02 positions (in Karachi and Lahore (3-5 years of experience (Certificate)

3. Inspectors 3.API, Various Positions - Karachi API 510, 570, 580, 653 (Certificate)

4.Lifting Inspection Engineer: Various Positions - Khi 3-5 years experience.

5. Inspection Engineer: various positions - Karachi 3-4 years experience of inspection / audit

6.Engineer: Other Positions: Process Engineer Lahore 3-5 years experience in process design). Mechanical Engineer 3-5 years of experience (Mechanical Design). Instrumentation-Engineer: 3-5 years experience in Process Plants () Mechanical Reliability Engineer 3-5 years of experience (Maintenance of Rotary Equipment). Power - Reliability Engineer: 3-5 years experience in (Petrochemical Plants, Power Generation, Distribution / Protection System).

Preferably candidate should have experience in maintenance, operations /. Support services and engineering back ground.

• • Knowledge of different methods and techniques of reliability analysis Reliability (RCM, FMECA, Reliability Growth, etc.)
• • in depth knowledge of NFPA, ICE and other international standards.
• • Solid understanding RCM methodology proven by at least two plants application.

Head of Accounts 01 Position Karachi

Certified with at least 10 years experience in senior position ACCA, finalists in good standing also apply

Merger Of Moody International In Pakistan

Experience does matter - TUV AUSTRIA Office of Inspection and Certification (Pvt.) Limited - Formerly Moody International Pakistan (Pvt.) Limited



The wait is over as the business industry in Pakistan has witnessed the recent merger of Moody International (Pvt.) Limited - Pakistan TUV Austria Holding AG a company established since 1872, said the CEO of the company a leader Rashid Mehr certification and inspection. Pakistan - its renaming Moody International (Pvt.) Ltd. TUV AUSTRIA Office for Inspection and Certification (Pvt.) Limited will be further elaborated.

Moody International (Pvt.) Ltd., Pakistan began in 1997, almost no customers or brand recognition today is the main company and brand in the field of certification and inspection and ranked as a market leader in our type of industry.

Moody International (Pvt.) Limited Pakistan to be an independent company, recently for the sake of good order and decided amicably concluded with Intertek Moody Group separated.

As a result of this negotiation between the management of Moody International Pakistan and Intertek Moody Group, the company Moody International (Pvt.) Limited Pakistan became independent and 100% thereafter TUV Austria Group AG., Participation acquired Moody International (Pvt.) Limited Pakistan. The board of directors of the company approved the change of name to TUV AUSTRIA Office of Inspection and Certification, with immediate effect.

As they say experience does matter The TUV Austria AG Group's parent company is an internationally renowned brand established since 1872 with its headquarters in Vienna - Austria, one of the most beautiful capitals in the world, providing technical services and engineering high end including but not limited certification and inspection and also other 270 services internationally Dr. Reinhard Preiss said a doctorate in mechanical engineering and principal conductor of the International Board of TUV Austria Holding AG and director of the new company in Pakistan.

He also added that we are very pleased with this investment, as it is a major investment as a group have made in recent years in expanding Brand TUV Austria.

After visiting Pakistan a couple of times I and my colleagues felt that other Austrian Pakistan is really a good country, but unfortunately, a victim of perception and reality is different from what is heard through International Media. I love Pakistan and its people unrivaled hospitality and encourage all investors to use this opportunity and invest in Pakistan especiallyif want to complete their business portfolio. We are also pleased with the smooth transition from one to another in Pakistan demogratic government and people of Pakistan had we chosen the leader of their choice. Soon have a new government sworn under the table guidance of Mian Nawaz Sharif, who is known to have friendly business policies and he is very sincere to change the perception and the general situation of the country, congratulate the people of Pakistan have completed a choice successful. We believe that investing in Pakistan is very important for our future expansion plans and brand loyalty in South Asia and the Middle East.

Rashid Mehr said the company motto is quality, not quantity with HSE to be the primary factor in our business. From our initial experience with them we can tell you inhale and exhale Quality quality only. His attitude is no compromise on quality and the policy of "zero tolerance" for unethical practices and HSE.

Therefore, along with Pakistan, are now in a much stronger position than before, since we can now offer much more than before to our customers. The new ideology believes in the sky as the limit for the future growth and its customers will benefit more in terms of quality, quantity and delivery and this new venture will bring good news for existing and new customers. Since it is a known fact that already enjoyed a leading position in the market, both in the certification business and Inspection in Pakistan, with more than 3,000 customers and 200 employees throughout Pakistan, the newly merged company would like to reiterate the same position for many years to come.

Therefore, after this acquisition, customers will have access to the range of new and existing wide services. With the guarantee of quality work 100% delivered and with the new structure, the company assures its customers that except for renaming the company TUV Austria Office of Inspection and Certification, the entire team will remain intact and will the same for many years to come and this change does not affect in any way hinder the quality, quantity and delivery of services in any way currently envisaged, instead of this change will bring more energy and commitment to service thedelivery.