Jubilant Organosys' entry into the dosage forms business from APIs was a logical step for the Company. In line with its strategy to continuously strive to move up the value chain, the Company entered the Dosage Forms business by acquiring a majority stake in Pharmaceutical Services Incorporated NV and PSI Supply NV (PSI) of Belgium in 2004. This enabled Jubilant's entry into the European market. PSI, Belgium started in 1993, as a regulatory affairs company, is now a fully integrated pharmaceuticals company involved in the development and supply of dosage forms. With its focus on regulated markets for international sales, Jubilant Organosys also entered the USA, the largest pharmaceuticals market in the world, by acquiring a majority stake in Trigen Laboratories Ltd. in June 2005. Trigen, renamed Cadista Pharmaceuticals Inc., is a generic pharmaceutical company having US FDA approved manufacturing facility in the USA.
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