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Symbiotec Pharmalab Limited · SYMBIOTEC
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Symbiotec's wholly owned subsidiary Knovea Pharmaceutical enters into a strategic commercialization agreement with a leading global pharmaceutical company for Dual Chamber Vial products in the U.S.
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Symbiotec's wholly owned subsidiary Knovea Pharmaceutical enters into strategiccommercialization agreement with a leading global pharmaceutical company forDual Chamber Vial ('DCV') products in the U.S.
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SYMBIOTEC_30092026201905_Reg30_Intimation_Knovea_Licensing_Agreement.pdf
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September 30, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, 5th floor, Plot no. C-1,
Phiroze Jeejeebhoy Towers Block G, Bandra Kurla Complex,
Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051
Scrip Code: 544889 Symbol: SYMBIOTEC
Sub: Symbiotec's wholly owned subsidiary Knovea Pharmaceutical enters into strategic
commercialization agreement with a leading global pharmaceutical company for
Dual Chamber Vial products in the U.S.
Dear Sir/Madam,
Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find
attached update titled “Symbiotec's wholly owned subsidiary Knovea Pharmaceutical enters into
strategic commercialization agreement with a leading global pharmaceutical company for Dual
Chamber Vial products in the U.S.”
Further, the details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A.
This is for your information and records.
Yours truly,
for Symbiotec Pharmalab Limited
Salil Jain
Company Secretary & Compliance Officer
Membership No. A41610
Encl: Annexure A
Registered Office & Works:
Symbiotec Pharmalab Limited
(Formerly known as Symbiotec Pharmalab Pvt. Ltd.)
385/2, Pigdamber, Rau, Mhow, Indore - 453331, Madhya Pradesh, India
Tel. No.: +91-731-6676405-406 Fax: +91-731-4201222,
Email ID : symbiotec@symbiotec.com, Website : www.symbiotec.com
CIN: U24232MP2002PLC015293
Symbiotec's wholly owned subsidiary Knovea Pharmaceutical enters into
strategic commercialization agreement with a leading global pharmaceutical
company for Dual Chamber Vial products in the U.S.
Indore, September 30, 2026: Knovea Pharmaceutical, a wholly owned subsidiary of Symbiotec
Pharmalab Limited, today announced a definitive agreement with a leading global
pharmaceutical company, granting the partner exclusive rights to commercialise and distribute
two Dual Chamber Vial (“DCV”) - based injectable products in the United States.
The agreement marks a decisive step in the commercialization of Knovea’s DCV platform. Knovea
will lead development, regulatory submissions, manufacturing and supply, while the partner drives
commercialization and distribution across the U.S. — bringing established market access and
commercial scale to Knovea's platform. The collaboration is structured to deliver milestone
payments through development, regulatory approval and commercial launch, alongside profit-
sharing from launch onwards.
A DCV keeps a drug, and its diluent separate until they're combined at the point of care —
protecting the stability of sensitive formulations while simplifying preparation for healthcare
professionals, with fewer handling steps and sterility maintained through administration. Together,
the two products address a U.S. market estimated at approximately US$288 million. The innovator
is currently the only company with a DCV presentation in this market — underscoring the
commercial opportunity for differentiated DCV presentations in injectables.
Commenting on the agreement, Mr. Anil Satwani, Managing Director, Symbiotec Pharmalab,
said:
"This agreement is a defining milestone for Knovea. Our sustained investment in building DCV
capabilities end-to-end — from product development and regulatory science to commercial-scale
sterile manufacturing — is now paying off, with a leading global pharmaceutical company as our
exclusive U.S. partner. This opens a powerful commercial pathway in the world's largest
pharmaceutical market, and it's only the beginning: we built the DCV platform as a repeatable
engine for innovation and expect it to power a growing portfolio of differentiated complex
injectables.
This agreement strengthens Knovea's position in complex injectables and opens the door to further
collaborations across our differentiated drug-delivery technologies."
Registered Office & Works:
Symbiotec Pharmalab Limited
(Formerly known as Symbiotec Pharmalab Pvt. Ltd.)
385/2, Pigdamber, Rau, Mhow, Indore - 453331, Madhya Pradesh, India
Tel. No.: +91-731-6676405-406 Fax: +91-731-4201222,
Email ID : symbiotec@symbiotec.com, Website : www.symbiotec.com
CIN: U24232MP2002PLC015293
About Knovea Pharmaceutical Pvt. Ltd. ("Knovea")
Knovea Pharmaceutical Pvt. Ltd., a wholly owned subsidiary of Symbiotec Pharmalab Limited,
develops differentiated pharmaceutical products and drug-delivery platforms, with a focus on
complex injectables and innovative drug-delivery presentations. Its integrated, end-to-end
capabilities span product development, formulation, lyophilization, container-closure
development, regulatory support and commercial-scale sterile manufacturing — enabling it to
move from concept to commercial supply in a segment with high technical barriers to entry.
About Symbiotec Pharmalab Limited ("Symbiotec")
Symbiotec Pharmalab Limited is a research and development-driven, science-based
pharmaceutical and biotechnology company with capabilities across organic chemistry,
biotechnology and complex injectables. Founded in 1995, the Company holds a global leadership
position in corticosteroid and steroidal-hormone active pharmaceutical ingredients (APIs).
Symbiotec serves over 200 customers across more than 40 countries through three complementary
business verticals — APIs, CDMO services and Complex Injectables — supported by four
manufacturing facilities in Madhya Pradesh, India, with approvals from USFDA, EU-GMP, WHO-
GMP, Japan-PMDA and other leading global regulators.
Disclaimer
Certain statements contained in this document may be statements of future expectations and other
forward-looking statements that are based on management‘s current view and assumptions and
involve known and unknown risks and uncertainties that could cause actual results, performance
or events to differ materially from those expressed or implied in such statements. None of
Symbiotec Pharmalab Limited or any of its affiliates, advisors or representatives shall have any
liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of
this document or its content or otherwise arising in connection with this document. This document
does not constitute an offer or invitation to purchase or subscribe for any shares and neither it nor
any part of it shall form the basis of or be relied upon in connection with any contract or
commitment whatsoever.
For further information please contact
Company Investor Relations Advisors
Symbiotec Pharmalab Limited Strategic Growth Advisors Pvt Ltd.
CIN No: U24232MP2002PLC015293 CIN No: U74140MH2010PTC204285
Email ID: investorrelations@symbiotec.com Sagar Shroff / Prabjeet Singh Tank
Email id: sagar.shroff@sgapl.net /
prabjeet.singh@sgapl.net
Tel No: +91 98205 19303 / +91 81690 49325
Registered Office & Works:
Symbiotec Pharmalab Limited
(Formerly known as Symbiotec Pharmalab Pvt. Ltd.)
385/2, Pigdamber, Rau, Mhow, Indore - 453331, Madhya Pradesh, India
Tel. No.: +91-731-6676405-406 Fax: +91-731-4201222,
Email ID : symbiotec@symbiotec.com, Website : www.symbiotec.com
CIN: U24232MP2002PLC015293
Annexure A
Particulars Remarks
Type of arrangement Strategic Commercialization Agreement (definitive
agreement) entered into by Knovea Pharmaceutical Private
Limited, a wholly owned subsidiary of the Company
Name of the entity with whom A leading global multinational pharmaceutical company
agreement is signed [Name cannot be disclosed due to confidentiality obligations]
Area of agreement The agreement grants the partner exclusive rights to distribute
two injectable products in the United States. Both products are
built on Knovea's Dual Chamber Vial ("DCV") platform.
The agreement marks a decisive step in the commercialization
of Knovea’s DCV platform. Knovea will lead devel
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