MEXICO CITY--(BUSINESS WIRE)--#LECIVA--VAV Lipids, one of the world’s leading lipid manufacturers, has announced its foray into Latin America. The company will supply its high-purity lipid ingredients to pharmaceutical, nutraceutical and cosmetics manufacturers through reputed local distributors in Mexico, Brazil, Argentina, Peru and Colombia.
VAV Lipids is headquartered in Mumbai, India and is among the world’s leading manufacturers of phospholipids and lecithins. The biopharmaceutical company manufactures plant phospholipids (LECIVA), egg phospholipids (LIPOVA), synthetic phospholipids and neutral lipids, APIs and specialty proteins.
VAV’s high-grade phospholipids and lecithins are functional ingredients in developing novel drugs and biologics delivery systems (NDDS) for vaccines, anesthesia and formulations, cancer therapy based on liposomes, and for treating several diseases.
VAV Lipids will introduce its entire range of products through the company’s distribution network in Latin America. The company will provide intense technical and marketing training to its distributors. Customers will get end-to-end technical support including technical assistance in selecting the proper grade of lecithins or phospholipids and guidance on formulations, applications, analytical procedures and stability.
Arun Kedia, Managing Director of VAV Lipids, said, “Our expansion into Latin America will boost our global presence significantly. It will also benefit the local pharmaceutical, nutraceutical, and cosmetics industries. The Latin American market is huge and is presently underserved. VAV Lipids will cater to this unmet demand for high-quality ingredients.”
Kedia estimates the potential for VAV’s products in the LatAm market to be over USD 50 million. He added the company aims to grow aggressively in this market to occupy a 40% market share in the next five years.
Presently, VAV Lipids exports 80% of its products to North America, Europe, and Asia.
VAV’s lipid production facility is EU GMP certified and conforms to the best global practices and world-class standards. The company follows the Occupational Safety and Health Administration (OSHA) standards and is on track to achieving Net Zero emissions status.
The company meets necessary standards and certifications in Latin America. These include Pharma- EU-GMP, Nutra -FSSAI (Food Safety & Standards Authority of India), Cosmetic- COSMOS (Ecocert) and All - ISO 22000, Export Inspection Agency. VAV Lipids recently received a certificate of appreciation from United States Pharmacopeia (USP) for contributing to the standards-setting activities in lipid manufacturing.
Contacts
Aloma Carvalho
[email protected]
