E - Glenmark
E - Glenmark
E - Glenmark
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India Formulations<br />
Current Status: FY 2006<br />
Revenue growth of 30% over FY 2005, 39% growth in March 2006 [ORG-<br />
IMS]<br />
Ranked #2 in dermatology (after GSK), strong presence in over 10<br />
segments including female healthcare, paediatrics, respiratory, antiinfectives,<br />
cardiovascular, diabetology<br />
Increased focus on chronic lifestyle diseases<br />
Launched 45 new products and novel combinations including 15 first<br />
generics such as Strontium Ranelate, Diacerin, Eplerenone, Acitretin, S-<br />
ibuprofen<br />
Created 7 retail divisions, 1 institutional division for improved focus<br />
Grew field force (currently 1700 medical representatives) and increased<br />
focus on productivity improvements<br />
Driving supply chain cost down; new plant at Baddi for tax-efficiencies<br />
Commenced in-licensing and co-marketing tie-ups for novel products