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Dietary supplement maker switches to Generics

27 October, 2005

The Indianapolis based small dietary supplement maker Vesta Pharmaceuticals has bought a small drug-making plant near Lawrence, where it plans to manufacture generic drugs. It’s planning to develop its business as a generic pharmaceutical manufacturer.

Vesta was founded eight years ago and is owned by Kwon and Henry Besch, a professor in pharmacology at Indiana University School of Medicine. The company qualifies as a minority-owned firm, which should help it bid on government and private contracts.

Vesta plans to announce its expansion today at the new plant where city and local economic development officials and industry executives are invited. Vesta bought the pill- and capsule-making plant owned by Integrity Pharmaceuticals at 5767 Thunderbird Road. Integrity formerly made prenatal vitamins and a product for urinary infections at the site. Integrity ran into problems when its urinary product was recalled from the market.

To read more:
http://www.indystar.com/apps/pbcs.dll/article?AID=/20051027/BUSINESS/510270406


 


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