ABOUT US / Strengths & Strategy
We are building on our strengths to further extend our product portfolio and target fast-growing segments.
Strengths
We are a leading developer and manufacturer of generic APIs
in high-growth therapeutic areas of ARV, Oncology and Hepatitis Ci.
We are amongst the top suppliers of APIs in the ARV therapeutic area to formulation
companies catering to the fast-growing “donor-funded access-to-medicines” markets in
Sub-Saharan Africa, South-East Asia and Latin America.
We believe our “research-first” approach has been critical
to our success and it remains a clear differentiator. We are focused on undertaking
dedicated R&D for our existing products and in areas with significant growth
potential. We employ 750+ scientists at our R&D centres, which constitutes a quarter
of our total employee strength.
We have three state-of-the-art manufacturing facilities in
Visakhapatnam and a kilo lab facility in Hyderabad, which have received approvals
from WHO, USFDA, PMDA, NIP, KFDA and BfArM. We adopt uniform manufacturing standards
across all our facilities to achieve standardized product quality for all our
markets.
We enjoy long-standing relationships with multinational
pharmaceutical companies. Our top five customers have been with us for at least five
years and these customers, in aggregate, contributed to approximately 67.8% of our
total revenue. Our cumulative revenue from such customers has grown year over year
for the last three financial years.
We are led by qualified and experienced promoters and key
managerial personnel, who bring extensive expertise and understanding of the global
generic pharmaceutical business. They also have a clear vision and leadership skills
to organically scale up our business.
From our incorporation in 2005, we have delivered consistent
growth both in terms of financial and operational metrics. Our total revenues have
grown at a CAGR of 41.1% from FY 2012 to FY 2016 and our restated profit has grown
at a CAGR of 57.5% between FY 2012 and FY 2016.
Strategy
We are focused on growing our presence in key therapeutic
areas, comprising of ARV, Hepatitis C and Oncology. We believe there are significant
growth opportunities in the ARV therapeutic area because of the increasing HIV
patient pool and WHO guidelines recommending early treatment for infected patients,
regardless of age and viral load.
We intend to leverage our process chemistry skills to expand
our API portfolio. We have developed several products in the anti-diabetic,
cardiovascular and gastroenterology therapeutic areas. We are currently in the
process of setting up dedicated facilities to manufacture these products.
We want to become a leading FDF player in the global generic
pharmaceutical market. We believe that our presence in API production improves our
ability to maintain quality and mitigates the demand-supply fluctuations that affect
generics markets. It provides for consistency and reliability of supply in an
increasingly regulated global environment.
We have a clear plan to work with global pharmaceutical
companies to provide analytical and research services, clinical research supplies
and commercial-scale contract manufacturing services. We also intend to provide
services that help our partners improve process efficiency during the clinical phase
of development.
We currently develop and manufacture specialty ingredients
for use in nutraceutical, dietary supplements and cosmeceutical products. We are
working on strengthening our presence in the manufacture of nature-identical
substances. Our current portfolio of products are used as antioxidants, skin
brighteners and UV protection agents.