MICRO NOVA PHARMACEUTICALS IND — Folic Importer Profile
Pharmaceutical Importer · #10 buyer for Folic · $623.0K import value · 18 shipments · NIGERIA · DGFT Verified
MICRO NOVA PHARMACEUTICALS IND is the #10 importer of Folic from India with $623.0K in import value and 18 verified shipments. MICRO NOVA PHARMACEUTICALS IND holds a 1.1% market share in Folic imports based in NIGERIA. The company sources from 1 verified supplier across 16 formulations shipped to 1 country. Overall, MICRO NOVA PHARMACEUTICALS IND imports 6 pharmaceutical products worth $3.7M across 5 therapeutic categories.
MICRO NOVA PHARMACEUTICALS IND — Folic Import Profile: Suppliers, Formulations & Sources
Who Actually Supplies Folic to MICRO NOVA PHARMACEUTICALS IND?
Verified from 18 customs shipment records
| Supplier | Value | Shipments | % Share |
|---|---|---|---|
| MICRO LABS LIMITED | $623.0K | 18 | 100.0% |
MICRO NOVA PHARMACEUTICALS IND sources Folic from 1 verified Indian supplier based on 18 customs records. The primary supplier is MICRO LABS LIMITED accounting for 100.0% of imports.
How Does MICRO NOVA PHARMACEUTICALS IND Compare to Nearest Folic Importers?
Buyers ranked immediately above and below #10 by import value
| # | Buyer | Country | Import Value | Shipments | Avg/Shipment |
|---|---|---|---|---|---|
| 1 | PRINCE FARMA, LDA | ANGOLA | $750.0K | 15 | $50.0K |
| 9 | IBN SINA SCIENTIFIC BUREAU | IRAQ | $633.1K | 24 | $26.4K |
| 10 | MICRO NOVA PHARMACEUTICALS IND ★ | NIGERIA | $612.6K | 17 | $36.0K |
| 12 | EQL PHARMA | SWEDEN | $521.5K | 11 | $47.4K |
| 14 | EURIMEX PHARMA. | FRANCE | $465.3K | 20 | $23.3K |
MICRO NOVA PHARMACEUTICALS IND ranks #10 among 1,433 Folic importers from India. Average shipment value of $36.0K compared to the market average of $8.0K. The closest competitors by value are PRINCE FARMA, LDA and IBN SINA SCIENTIFIC BUREAU.
Where Does MICRO NOVA PHARMACEUTICALS IND Import Folic To?
Destination countries from 18 verified shipments
| Country | Value | Shipments | Share |
|---|---|---|---|
| NIGERIA | $623.0K | 18 | 100.0% |
MICRO NOVA PHARMACEUTICALS IND imports Folic to 1 country. The primary destination is NIGERIA receiving 100.0% of shipments worth $623.0K.
What Folic Formulations Does MICRO NOVA PHARMACEUTICALS IND Import?
| Formulation | Value | Shipments |
|---|---|---|
| MECONERV FORTE (BENFOTIAMINE-100MG,PYRIDOXINE-3MG,ALPHA LIPOIC ACID-200 MG,FOLICACID-1.5 MG CAPS) (3X10'S) (QTY-32364.0 | $50.0K | 1 |
| MECONERV FORTE (BENFOTIAMINE-100MG , PYRIDOXINE-3MG,ALPHA LIPOIC ACID-200 MG, FOLIC ACID-1.5 MG CAPS)(3X10S-QTY 16258 PCPCS | $44.5K | 1 |
| MECONERV FORTEBenfotiamine-100mgPyridoxine-3mg Alpha Lipoic acid-200 mgFolicacid-1.5 mg Caps 3x10s X 16368 CAPS | $43.8K | 1 |
| MECONERV FORTE (BENFOTIAMINE-100MG , PYRIDOXINE-3MG,ALPHA LIPOIC ACID-200 MG, FOLIC ACID-1.5 MG CAPS) ( 3X10S ) | $43.3K | 1 |
| MECONERV FORTE (BENFOTIAMINE-100MG PYRIDOXINE-3MG ALPHA LIPOIC ACID-200 MG FOLIC ACID-1.5 MG CAPS)(3X10'S) (QTY-163PCS | $42.6K | 1 |
| MECONERV FORTE Benfotiamine-100mg,Pyridoxine-3mg,Alpha Lipoic acid-200 mg,Folicacid-1.5 mg Caps 3x10s X 16298 capsule | $42.5K | 1 |
| MECONERV FORTE (BENFOTIAMINE-100MGPYRIDOXINE-3MG,ALPHA LIPOIC ACID-200 MG,FOLICACID-1.5 MG CAPS) 3X10'S(QTY- 16062.000) | $42.4K | 1 |
| MECONERV FORTE BENFOTIAMINE-100MG PYRIDOXINE-3MG ALPHA LIPOIC ACID-200 MG FOLIC ACID-1.5 MG CAPS 3X10's QTY:1611 | $42.4K | 1 |
| MECONERV FORTE (BENFOTIAMINE -100MG PYRIDOXINE-3MGALPHA LIPOIC ACID-200 MG FOLIC ACID -1.5MG CAPS) (3X10'S) (QTY-1613PCS | $42.4K | 1 |
| MECONERV FORTE (BENFOTIAMINE-100MG PYRIDOXINE-3MG ALPHA LIPOIC ACID-200 MG FOLIC ACID-1.5 MG CAPS) (3X10'S) (QTY- 16 | $42.4K | 1 |
MICRO NOVA PHARMACEUTICALS IND imports 16 distinct Folic formulations from India. The top formulation is MECONERV FORTE (BENFOTIAMINE-100MG,PYRIDOXINE-3MG,ALPHA LIPO with 1 shipments worth $50.0K.
Regulatory Requirements: Importing Folic into Nigeria
What MICRO NOVA PHARMACEUTICALS IND and other importers must comply with to import Folic from India
Regulatory Authority
National Agency for Food and Drug Administration and Control (NAFDAC)
Approval Process for Generic Folic
Drug registration under NAFDAC guidelines. Requires quality data, stability studies, and WHO-type Certificate of Pharmaceutical Product (CPP) from India.
Typical timeline: 6–18 months
GMP Requirements
WHO GMP compliance; NAFDAC conducts overseas plant inspections
Import Licence & Documentation
NAFDAC import permit; Certificate of Pharmaceutical Product (CPP) from CDSCO India
Labeling & Packaging
English language labeling; NAFDAC registration number required
Note: India is the largest pharma supplier to Nigeria. NAFDAC has intensified inspections of Indian sites in recent years.
Regulatory information is provided for general reference based on publicly available NAFDAC guidelines for pharmaceutical imports. Requirements may vary by specific drug formulation, dosage form, and therapeutic classification. Importers should consult directly with NAFDAC or qualified regulatory affairs professionals for case-specific guidance.
Who Are the Top Buyers of Folic from India and How Much Does MICRO NOVA PHARMACEUTICALS IND Import?
India exported $11.4M worth of Folic through 5,361 shipments from 693 suppliers to 148 countries, serving 1,433 buyers globally. MICRO NOVA PHARMACEUTICALS IND imports $623.0K of this total, accounting for 1.1% of India's Folic exports with 18 shipments from NIGERIA. This is verified from 18 customs shipment records covering 16 distinct formulations.
What Is the Average Order Value for MICRO NOVA PHARMACEUTICALS IND's Folic Imports?
MICRO NOVA PHARMACEUTICALS IND's average Folic order value is $34.6K per consignment, based on 18 shipments totaling $623.0K. MICRO NOVA PHARMACEUTICALS IND is based in NIGERIA and ranks #10 among all Folic importers from India by value. The company sources from 1 verified supplier in India.
Who Supplies Folic to MICRO NOVA PHARMACEUTICALS IND?
MICRO NOVA PHARMACEUTICALS IND sources Folic from 1 verified Indian supplier: MICRO LABS LIMITED ($623.0K, 100.0%). This is based on 18 customs records.
How Does MICRO NOVA PHARMACEUTICALS IND Compare to Other Folic Importers?
MICRO NOVA PHARMACEUTICALS IND ranks #10 among 1,433 Folic importers from India with a 1.1% market share. The top 3 importers are PLANET PHARMA ($2.3M), DISTRIMEX, ($1.3M), DISTRIMEX ($1.1M). MICRO NOVA PHARMACEUTICALS IND processed 18 shipments from NIGERIA.
About MICRO NOVA PHARMACEUTICALS IND
MICRO NOVA PHARMACEUTICALS IND imports 6 products worth $3.7M. Beyond Folic, top products include Torsemide, Dapagliflozin, Itraconazole, Moxifloxacin, Ornidazole. View the complete MICRO NOVA PHARMACEUTICALS IND profile for full portfolio analysis.
Market Intelligence
Latest developments and market context
Detailed market intelligence for Folic — including regulatory updates, trade policy changes, and competitive landscape analysis — will be available in an upcoming update. This section will feature AI-researched insights from verified industry sources, government notifications, and market reports.
Official References & Regulatory Resources
- European Medicines Agency
- WHO Essential Medicines
- Invest India — Pharma Sector
- India Trade Statistics (DGFT)
Verify import regulations and drug registration requirements with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Product Matching: Folic shipments identified using fuzzy matching on DGFT product description fields, validated against Indian Pharmacopoeia nomenclature and HS code classification.
- 2.Buyer Identification: MICRO NOVA PHARMACEUTICALS IND matched across shipments using first-3-word normalization of the consignee field, accounting for company name formatting variations.
- 3.Statistical Normalization: Shipment values are statistically normalized to ensure accurate market share representation. This removes the impact of unusually large one-off transactions that could distort buyer rankings.
- 4.Market Share: Calculated as MICRO NOVA PHARMACEUTICALS IND's capped import value divided by total capped export value for Folic across all Indian exporters.
- 5.Verified Records: This page is backed by 18 individual customs records matching MICRO NOVA PHARMACEUTICALS IND importing Folic, covering 16 formulations from 1 verified supplier.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
Global Coverage
Exports to 148+ countries, 1,433+ buyers
Expert-Reviewed
Analyzed by pharmaceutical trade specialists
Get Folic Import Data for MICRO NOVA PHARMACEUTICALS IND
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MICRO NOVA PHARMACEUTICALS IND
Full Company Profile →
6 products · $3.7M total trade · 5 categories
MICRO NOVA PHARMACEUTICALS IND × Folic
Verified from customs records
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Trade data sourced from Indian Customs (DGFT) export shipment records. Values represent FOB export value in USD. Market share calculated relative to total Indian pharmaceutical exports for Folic. For current order-level data, contact TransData Nexus.