Released on: September 5, 2008, 1:14 am

Press Release Author: Mithros Chemicals Pvt. Ltd.

Industry: Chemicals

Press Release Summary: Right Sourcing in a Global Marketplace: Forming Smart
Partnerships to Sustain

Press Release Body: Mithros Chemicals Pvt. Ltd. in Hyderabad, India, is a direct
subsidiary of Taros Chemicals, an established provider of custom chemical research
and outsourcing services, in Germany. Mithros was formed when Taros decided to
expand its laboratories to foreign shores in order to increase its capacities and
fulfil the growing demand for its research and development services worldwide.

The organizational structure of Mithros is identical to Taros, Germany
(www.taros.de). It has about 50 employees who report directly to Taros. Situated in
a state-of-the-art biotech park in the hub of Genome Valley, Mithros has easy access
to technical instrumentation and analytical equipment. Managed closely by Taros’s
scientific team, Mithros follow western business practices, implements stringent
quality control measures and upholds the highest standards. Typically, 95% of the
projects are completed prior to the deadline or within planned lead times. Taros’s
highly sophisticated, internal project management software tracks and generates
continuous reports on dispensed time and resources, enabling close monitoring of
work process, minimizing errors while optimizing the process.

Projects outsourced to Mithros can offer clients savings up to 50% of the original
project cost. The primary advantage, apart from attractive pricing, is the one-stop
shopping experience through Taros, Germany. Requests are placed with Taros, which
coordinates and oversees projects from start to finish. This approach saves clients
both the added costs of travelling to India as well as the handling of bureaucratic
and communication bottlenecks.

Playing the role of consultant, Taros advises clients on which projects to outsource
to Mithros based on their capacities and expertise. When a project is completed a
quality control check is run in Germany before compounds are shipped to the client.
If required, purification of the product is conducted in Taros’s German facility for
a final quality check.

Through the creation of Mithros, Taros Chemicals was able to merge the talents of
scientists from two continents creating a synergetic effect of unparalleled
excellence in research and synthesis.

Mithros’s business activities include:

Organic synthesis
Substance libraries
Process development
Medicinal chemistry
Lead structure optimisation

Mithros is specialised in the following R & D technologies of active substances:

Reference Compounds (by-products, literature, impurities)
Combinatorial chemistry and chemical templates
Starting materials
Building blocks
Synthesis of active substance intermediates
Capacity extensions and process optimization

For quotes or queries, or to browse the companies’ websites, kindly contact our
management team at any of the following addresses:

Mithros Chemicals Pvt. Ltd.
ICICI Knowledge Park, Genome Valley,
Shameerpet, Turkapally, Hyderabad-500078,
Andhra Pradesh, India.

PHONE: +91-040-233-58668 / 234-80095
FAX: +91-040-234-80096
Website: www.mithros.com
E-mail us: info@mithros.com


Web Site: http://www.mithros.com

Contact Details: \"ICICI Knowledge Park, Genome Valley, Shameerpet, Turkapally,
Hyderabad-500078, India.

Phone:91 040 23547993

Fax:91 040 23547993

Email:website@mithros.com
\"