Sai Life Sciences, one of India's fastest-growing manufacturing and contract development organizations (CDMOs), today announced its entry into Pharmaceutical membership Supply Chain Initiative (PSCI) as 'associate member'.
Giving the welcome Sai Life Sciences within their group, a spokesman for PSCI said: "PSCI and its members are pleased to welcome Sai Life Sciences within their membership, becoming the first member of PSCI with headquarters located at La India We are delighted with the enthusiasm shown for integrating PSCI principles towards Responsible Supply Chain Management into their practices, as well as seeing their entry into our membership as another encouraging sign that responsible practices are gaining influence in a country that is important to many of our members' supply chains. "
The PSCI is a non-profit business membership organization whose vision is to establish and promote responsible practices that continually improve pharmaceutical supply chains. All PSCI members are expected to support and incorporate the organization's core principles that integrate five areas of responsible practice, such as ethics, labor, health and safety, environment, and management systems, into its supply agreements.
In response to the announcement, Krishna Kanumuri , Chief Executive Officer and Managing Director, stated: "For Sai Life Sciences it is a true honor to have entered the PSCI membership and to join its outstanding league of companies. This step is an outstanding reaffirmation of our commitment. to implement and be winners of responsible supply chain practices. "
Sai Life Sciences has firmly embraced sustainability as an integral part of its business and decision-making framework, moving from a 'compatibility-oriented' approach to a more proactive one. It has launched several initiatives, including the establishment of an online learning management system, adopting green chemistry principles under development, construction of new facilities such as 'green buildings', energy from renewable sources, improved health and safety of employees through industrial hygiene programs and community behavior development programs on training and health care. The sustainable development goals (SDGs) The company's focus is on minimizing its environmental footprint, strengthening its diversity and inclusion, returning it to society and improving its supply chain.
Sai Life Sciences is ISO (14001: 2015 and 45001: 2018) certified for its R&D and manufacturing facilities, has been awarded the Silver Medal in the EcoVadis CSR evaluation, and has received the '5-Star' rating for Excellence in EHS Practices at the CII-Southern Region awards of the year 2019.
Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.