Right Sourcing in a Global Marketplace Forming Smart Partnerships to Sustain
Released on: September 5, 2008, 1:14 am
Press Release Author: Mithros Chemicals Pvt. Ltd.
Industry: Chemicals
Press Release Summary: Right Sourcing in a Global Marketplace: Forming Smart Partnerships to Sustain
Press Release Body: Mithros Chemicals Pvt. Ltd. in Hyderabad, India, is a direct subsidiary of Taros Chemicals, an established provider of custom chemical research and outsourcing services, in Germany. Mithros was formed when Taros decided to expand its laboratories to foreign shores in order to increase its capacities and fulfil the growing demand for its research and development services worldwide.
The organizational structure of Mithros is identical to Taros, Germany (www.taros.de). It has about 50 employees who report directly to Taros. Situated in a state-of-the-art biotech park in the hub of Genome Valley, Mithros has easy access to technical instrumentation and analytical equipment. Managed closely by Taros’s scientific team, Mithros follow western business practices, implements stringent quality control measures and upholds the highest standards. Typically, 95% of the projects are completed prior to the deadline or within planned lead times. Taros’s highly sophisticated, internal project management software tracks and generates continuous reports on dispensed time and resources, enabling close monitoring of work process, minimizing errors while optimizing the process.
Projects outsourced to Mithros can offer clients savings up to 50% of the original project cost. The primary advantage, apart from attractive pricing, is the one-stop shopping experience through Taros, Germany. Requests are placed with Taros, which coordinates and oversees projects from start to finish. This approach saves clients both the added costs of travelling to India as well as the handling of bureaucratic and communication bottlenecks.
Playing the role of consultant, Taros advises clients on which projects to outsource to Mithros based on their capacities and expertise. When a project is completed a quality control check is run in Germany before compounds are shipped to the client. If required, purification of the product is conducted in Taros’s German facility for a final quality check.
Through the creation of Mithros, Taros Chemicals was able to merge the talents of scientists from two continents creating a synergetic effect of unparalleled excellence in research and synthesis.
Mithros’s business activities include:
Organic synthesis Substance libraries Process development Medicinal chemistry Lead structure optimisation
Mithros is specialised in the following R & D technologies of active substances:
Reference Compounds (by-products, literature, impurities) Combinatorial chemistry and chemical templates Starting materials Building blocks Synthesis of active substance intermediates Capacity extensions and process optimization
For quotes or queries, or to browse the companies’ websites, kindly contact our management team at any of the following addresses:
Mithros Chemicals Pvt. Ltd. ICICI Knowledge Park, Genome Valley, Shameerpet, Turkapally, Hyderabad-500078, Andhra Pradesh, India.
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