- Business
- Parnax Lab Limited manufactures and exports pharmaceutical formulations, cosmetics, herbal and ayurvedic products, and nutraceuticals from its WHO-approved and EHS-compliant facilities in India, with operations extending internationally; the company, founded in 1982 and headquartered in Mumbai, forms part of the Naxpar Group and specializes in contract manufacturing of liquid orals, capsules, ointments, external powders, tablets, suspensions, and highly viscous products. Core offerings encompass oral formulations including cough expectorants such as NAXODEX Cough Syrup, Bronax Expectorant, and Pneumokof Expectorant; antacids like Gasknot Gel; anti-histamines such as Alerzine Syrup and Daslin NF Syrup; multi-vitamins and enzyme preparations; pediatric formulations like Febrinax Plus DS, Naxpar Gripe Water, and Brupaed Suspension; special geriatric formulations; cosmetics including Anti Druf Lotion; and nutraceuticals alongside other brands like Nax-P Syrup, Naxidex Syrup, Periact Syrup, Nerodex Cough Syrup, Kure Mouth Ulcer Gel, and Piromine Tablet. In recent developments, Parnax Lab maintains ongoing private label manufacturing for customers in India and abroad, sustains upgrades to its Silvassa facility for enhanced production capacity, and reports active share price momentum amid potential new product launches targeted for revenue growth in 2025.