Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Reportlinker Adds The Indian Pharmaceutical Industry: New Strategies in a Changing World


News provided by

Reportlinker

Jul 19, 2010, 09:47 ET

Share this article

Share toX

Share this article

Share toX

NEW YORK, July 19 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

The Indian Pharmaceutical Industry: New Strategies in a Changing World  

http://www.reportlinker.com/p0239938/The-Indian-Pharmaceutical-Industry-New-Strategies-in-a-Changing-World .html

The days when the Indian pharmaceutical industry was synonymous with cheap generic drug production are passing. While generics continue to play a major part in the industry's success, many companies have started down the long road of drug discovery, novel product development and pharma services.

With high-quality research, low-cost manufacturing facilities and educated personnel, the Indian pharmaceutical industry presents both a competitive threat and partnering opportunities.

A significant international industry

India is the world's fourth largest producer of pharmaceuticals by volume, accounting for around 8% of global production. In value terms, production accounts for around 1.5% of the world total. The Indian pharmaceutical industry directly employs around 500,000 people and is highly fragmented. While there are around 270 large R&D based pharmaceutical companies in India, including multinationals, government-owned and private companies, there are also around 5,600 smaller licensed generics manufacturers, although in reality only around 3,000 companies are involved in pharmaceutical production. Most small firms do not have their own production facilities, but operate using the spare capacity of other drug manufacturers.

A new approach

The advent of pharmaceutical product patent recognition in January 2005 changed the ground rules for Indian companies. In the run up to the new post-patent era and since, the Indian industry has been evolving. R&D departments are moving away from reverse-engineering in favour of developing novel drug delivery systems and discovery research. It is anticipated that the experience of selling generics in the international market will hold Indian companies in good stead for selling their own branded products to these markets in the future.

Focus on...current and future markets

The dynamics of the domestic Indian market have always encouraged Indian industry to pursue overseas lines of business. Expansion comes at a cost and some companies have had to restructure. In June 2009, Wockhardt divested its German business, esparma and more recently, in March 2010, Orchid sold its generic injectable formulations business to Hospira but came out of the deal with a long term supply agreement for its APIs.

INDIA

India remains an important market for the vast majority of Indian companies. The indigenous industry supplies around 70% of the country's pharmaceuticals. The proportion of revenue derived from India depends largely on the strategy of the individual company and its penetration into overseas markets. For example, while Zydus Cadila aims to grow rapidly overseas, India remains its most important market, accounting for 55.8% of revenue in fiscal 2008/09. India is also Cipla's key market, generating almost half of the company's revenue in 2008/09, although this percentage has been declining in recent years as the company has increasingly targeted overseas markets. Other companies, such as Dr. Reddy's, are less reliant on the Indian market; in 2008/09, India contributed just 17% of the company's global revenue.

INTERNATIONAL DEVELOPMENT

The attractive opportunities offered by the loss of patent protection on several major products in the coming period, and resolution of the biosimilar regulatory issue in the US, has to be offset against price reduction pressures driven by the ongoing economic downturn and aggressive competition for the business that is on offer.

USA: The largest generic market and the most sought after target for Indian companies involved in the generic business, is the US. As more companies gained the expertise to file for FDA approval, the number of ANDAs approved increased dramatically. In 2005, the number increased to 52 and subsequently increased year-on-year, to reach 132 in 2008. In 2009, the total number of ANDA approvals was 125. In the first quarter of 2010, a further 20 were approved.

UK: Over 80% of prescriptions in the mature UK market are written generically. The UK has always been a focus for Indian companies with 9 companies running 11 manufacturing sites. Between January 2009 and January 2010, Indian companies had more than 260 marketing authorisations approved by the UK's Medicines and Healthcare Regulatory Agency (MHRA) for a wide range of products. During this period, Ranbaxy received 55 approvals; Dr. Reddy's received 54; Aurobindo received 39; and, Lupin received 25.

Europe: Beyond the UK and Germany, significant European markets have been slow to adopt a vigorous generics drugs policy. However, pressure on governments to cut costs in the face of burgeoning drugs bills and economic recession, are seeing countries such as France, Italy and Spain exploring the increased use of generics. A number of Indian companies are either monitoring them from the sidelines or have already identified growth potential; Ranbaxy, for example is established in France, Germany, Italy and Spain.

Brazil: Brazil is perhaps the most notable emerging generic market in recent years. According to the Brazilian generic industry association, Pro-Genericos, prices of generic medicines have to be at least 35% cheaper than prices of original medicines but, in practice, they are up to 50% cheaper. In 2009, generic medicines represented 19.4% of the pharmacy sector by volume, increasing 19.0% over the previous year to 330.0 million units. In value terms, pharmacy sales of generic medicines increased by 24.0% to R$4.5 billion (US$2.2 billion). Indian companies have been present in the Brazilian market for several years. In 2008, Indian pharmaceutical exports to Brazil were valued at around US$166 million per year and made up a significant part of all trade between India and Latin America.

Australia: Due to low prices of branded products, Australia is not yet a major market for generics. A number of leading drugs are due to lose patent protection, but price competition tends to be muted for off-patent drugs. The government is, however, currently looking at ways to boost generic consumption in an effort to rein in the overall drugs bill. The market is beginning to attract Indian companies, a number of which have gained approval from the Therapeutic Goods Administration for their manufacturing facilities and a range of products.

Indian pharmaceutical companies are no strangers to competition. The Indian market is highly competitive with more than 300 organised players and branded promotional costs associated with every product, yet the industry is able to offer low-priced products and remain profitable in India. However, whether the Indian industry will be able to maintain the pace of expansion across the world is questionable in the current economic climate.

The Indian Pharma Industry - looking beyond generics

The Indian pharmaceutical industry has a long history of reverse-engineering and its ability to produce and distribute globally generic copies of pharmaceutical products is well proven. Post TRIPs, the R&D focus of Indian companies has shifted towards novel drug delivery systems or discovery research. But the global launch of innovative new products is still some way off, so what are the options for companies going forward?

In-licensing and custom manufacturing are alternative strategies to generics

Building upon its strengths in chemical synthesis and process engineering, the availability of highly-skilled labour and a low-cost manufacturing base, some companies have elected to pursue alternative business strategies.

Piramal Healthcare has always partnered global innovator companies and, in addition to an extensive Indian generic business, is a global player in custom manufacturing and has a number of early stage development candidates. In May 2010, it was announced that Abbott had agreed to pay a total of US$3.7 billion for the domestic drug business, leaving Piramal to concentrate on its research, formulation and customer manufacturing businesses.

Another company with a diverse portfolio of services is Jubilant Organosys. The company's main focus is its Pharmaceuticals and Life Sciences Products and Services business, which has grown significantly over the last few years. Jubilant is active in APIs, proprietary products, contract manufacturing of liquid and lyophilized sterile injectables, ointments, creams and liquids, radiopharmaceuticals, drug discovery services, medicinal chemistry services, clinical research services, generic dosage forms and healthcare.

Biosimilars

The resolution of the regulatory issues surrounding biosimilars in the USA has removed at least one obstacle to the development of these products. As one of the leading producers of generic drugs, it is logical that Indian companies would see biosimilars as a natural follow-on business. Recent milestones in the development of biosimilars include:

Biocon signed a collaborative agreement with Mylan in June 2009 on the development, manufacturing, supply and commercialisation of multiple, high-value generic biologic compounds for the global marketplace. The collaboration combines Biocon's scientific and biologics manufacturing with Mylan's global commercial footprint.

In March 2010, Ranbaxy and the San Diego, California-based Pfenex announced that they had entered into an agreement under which Ranbaxy will develop an undisclosed biosimilar therapeutic produced in the Pfenex Expression Technology platform, a pseudomonas-based recombinant protein technology.

In February 2009, Wockhardt announced that it had launched Glaritus, a recombinant long-acting human insulin analogue, in India. The company commented that it was the first company in the world, after the innovator, to launch this particular type of insulin, which works slowly for over 24 hours.

Table of Contents

FOREWORD ..... 1

THE INDIAN PHARMACEUTICAL INDUSTRY ........... 3

INTRODUCTION ... 3

Indian bases ... 5

Sales revenue 6

The advent of the product patent regime in India ........... 7

Background ... 7

The Patents (Amendments) Bill, 2005 .........8

Mashelkar Committee Report, December 2006 .........8

What effect has the product patent regime had on the pharmaceutical industry?................ 9

Looking beyond reverse-engineering ........9

In-licensing and custom manufacturing ....9

Key markets now and in the future .................. 10

Established and emerging generic markets .............. 10

The United States ........ 11

Authorised generics – threat or opportunity? .......... 22

Europe........... 23

South Africa 30

Brazil .............. 31

Australia ....... 36

Biosimilars ... 37

Biosimilars and Indian Companies ............ 39

India's competitive advantage . 40

Foreign acquisitions... 41

Exports .......... 46

COMPANY PROFILES ........ 49

ALEMBIC .............. 49

Company Strategy ...... 49

Manufacturing .............. 49

R&D................. 50

Key Markets 50

Major Developments . 51

Dabur Pharma Acquisition ......... 51

Products ....... 51

Domestic Formulations ............... 51

APIs ................. 51

International Formulations ........ 52

Generics........ 52

Financials ..... 53

AUROBINDO PHARMA ...... 54

Company Strategy ...... 54

Manufacturing .............. 55

R&D................. 56

Key Markets 57

Major Developments . 58

Trident Life Sciences acquisition ................ 58

Licensing and supply agreements with Pfizer .......... 58

TAD Italy acquisition .. 58

Pharmacin acquisition ................. 59

Acquisition of US facility ............. 59

Milpharm: Aurobindo's first acquisition in Europe . 59

Products ....... 59

APIs ................. 60

Domestic Formulations ............... 60

International Generics.................. 60

US and Canada ..... 60

CNS ......... 61

Antibacterials ......... 61

Antiretrovirals ........ 62

Cardiovascular ...... 62

European Union .... 65

South Africa ............ 66

Australia 67

Financials ..... 68

BIOCON ................ 69

Company Strategy ...... 69

Manufacturing .............. 69

R&D................. 70

Major Developments . 71

Acquisitions 71

Biocon buys majority stake in German marketing company ................ 71

Acquisition of asset of Nobex Corporation ............ 71

Agreements 71

Biocon to acquire CIMAB's stake in BBPL ............... 71

Syngene collaborates with Endo ........... 71

Amylin and Biocon to develop/commercialise novel phybrid for diabetes ......... 72

Mylan/Biocon form collaboration for generic biologics ...... 72

Abraxis and Biocon announce G-CSF partnership ................. 72

Invitrogen/Biocon sign agreement to market insulin to cell culture market ...... 72

Biocon/Vaccinex partner to discover and develop therapeutic Abs ... 73

Products ....... 73

APIs ................. 73

Domestic Formulations ............... 73

International Formulations ........ 74

Insugen .. 74

Financials ..... 75

CIPLA.. 76

Company Strategy ...... 76

Manufacturing .............. 76

R&D................. 77

Key Markets 78

Major Developments . 78

Strategic Alliances & Agreements .............. 78

Akorn...... 78

Malaria agreement with DNDi ............... 78

Divestiture of Cipla Medpro ...... 79

Products ....... 80

APIs ................. 80

Domestic Formulations ............... 80

International Generics.................. 82

US ............ 82

Europe ... 84

Financials ..... 84

CLARIS LIFESCIENCES ....... 86

Company Strategy ...... 86

Manufacturing .............. 86

R&D................. 86

Key Markets 87

Major Developments . 87

Marketing agreement with Pfizer .............. 87

Products ....... 88

Domestic Formulations ............... 88

International Generics.................. 88

DR. REDDY'S ....... 89

Company Strategy ...... 89

Manufacturing .............. 90

USP's Pharmaceutical Ingredient Verification Programme 91

R&D................. 92

Perlecan 92

Cancer.... 92

Diabetes 92

Key Markets 93

Major Developments . 94

Mergers & Acquisitions ................ 94

BASF contract manufacturing operations ............. 94

Dowpharma's UK Small Molecules business ......... 94

Jet Generici .............. 94

betapharm .............. 95

Roche's Mexico API facility.... 95

Joint Ventures ............... 95

China - Kunshan Rotam Reddy Pharmaceutical Co., Ltd. .... 95

South Africa - Dr. Reddy's Laboratories (Proprietary) Ltd. ... 95

Agreements 96

Dr Reddy's enters strategic alliance with Aegis Therapeutics ................ 96

Dr. Reddy's files fondaparinux ANDA under Alchemia agreement ..... 96

Dr Reddy's makes dermatology product advances ............... 96

TMH/Dr Reddy's sign agreement to create self-injectable product ..... 97

Aquapharm signs new agreement and extends R&D licence with Dr Reddy's ... 97

7TM/Dr. Reddy's enter drug-discovery collaboration ........... 97

Dr. Reddy's and Torrent sign Russian lisinopril agreement . 98

Dr. Reddy's and ClinTec Co-Development Agreement .......... 98

Dr. Reddy's and Argenta announce R&D collaboration ....... 98

Dr. Reddy's and Rheoscience R&D collaboration 98

Dr. Reddy's/Pharmascience sign multi-product agreement .................. 99

Litigation ...... 99

Clarinex-D settlement with Schering-Plough and Sepracor .................. 99

AstraZeneca sues Dr Reddy's over generic zafirlukast .......... 99

US court affirms that Eisai's Aciphex patent is valid and enforceable 99

Products .....100

APIs .............. 100

Domestic Formulations ............ 100

International Generics............... 101

US .......... 101

Europe . 104

Financials ...106

GLENMARK ....... 108

Company Strategy .... 108

Manufacturing ........... 109

R&D.............. 110

Key Markets ................ 112

Major Developments .................. 113

Mergers & Acquisitions ............. 113

Glenmark begins Polish venture .......... 113

Glenmark purchases rights to CHR-1103 and CHR-1201 from Chromos ........... 113

Medicamenta, Czech Republic ............. 113

Bouwer Bartlett, South Africa ............... 114

Agreements ................ 114

Lilly/Glenmark form TRPV1 partnership .............. 114

R&D agreement with Dyax for therapeutic antibodies ...... 114

Merck KGaA .......... 115

Royalty deal with Paul Capital Partners .............. 115

Lehigh Valley Technologies 115

Aspen USA ............. 116

Generics agreement with InvaGen for US market ................ 116

Litigation ... 116

Glenmark launches fluticasone patent challenge; Nycomed files lawsuit ........ 116

Abbott's trandolapril/verapamil product ............ 117

Products ..... 117

APIs .............. 117

Domestic Formulations ............ 117

International Generics............... 118

US .......... 118

Europe . 120

Brazil .... 120

Financials ... 121

JUBILANT ORGANOSYS .. 123

Company Strategy .... 123

Manufacturing ........... 124

R&D.............. 124

Acquisitions ................ 124

Draxis Health........ 124

Speciality Molecules Pvt. Ltd. ................ 125

Hollister-Stier Laboratories 125

Trinity Laboratories/Trigen Laboratories ............. 125

Joint Ventures ............ 126

Jubilant/UAB/SRI form drug-discovery JV ............ 126

Collaboration and JV with Eli Lilly ...... 126

Agreements ................ 127

Jubilant and Endo expand oncology drug discovery partnership ..... 127

Duke and Jubilant announce intent for global research/drug-development partnership ................ 127

Jubilant to provide preclinical drug candidates for AstraZeneca's pipeline ..... 127

Distribution agreement with Guerbet .................. 128

Jubilant and BioLeap enter drug-discovery alliance ........... 128

Jubilant in Drug Discovery partnership with Amgen .......... 128

Neoprobe signs non-binding LoI with Draximage for Lymphoseek distribution ............... 128

Products .....129

APIs .............. 129

International Generics............... 129

US .......... 129

Canada 129

Europe . 130

Financials .. 131

LUPIN ..................132

Company Strategy ....132

Manufacturing ........... 133

R&D.............. 134

Key Markets ................ 134

Major Developments ..................134

Acquisitions ................ 134

Multicare Pharmaceuticals Philippines ............... 134

Pharma Dynamics ................. 135

Generic Health ..... 135

Hormosan Pharma GmbH .. 135

Kyowa Pharmaceutical Industry ......... 135

Rubamin Laboratories ......... 135

Agreements ................ 136

Lupin/Salix to develop ER rifaximin using bioadhesive technology . 136

Lupin/Forest agree US marketing pact for AeroChamber Plus ........... 136

GSK Philippines .... 136

Litigation ... 136

Depomed files lawsuit against Lupin. 136

Warner Chilcott files oral contraceptive litigation against Lupin ...... 137

Lupin settles venlafaxine litigation with Wyeth . 137

Lupin/Schering-Plough settle desloratadine litigation ...... 137

Products .....138

APIs .............. 138

Domestic Formulations ............ 138

International Formulations ..... 139

US .......... 139

Europe . 141

Financials ... 142

MATRIX LABORATORIES 143

Company Strategy .... 143

Manufacturing ........... 143

R&D.............. 144

Key Markets ................ 144

Major Developments .................. 144

Mergers, Acquisitions & Divestitures ..... 144

Aspen and Matrix end joint venture ... 144

Acquisition of residual holding in MChem ........... 145

Mylan acquires Matrix ......... 145

Matrix gains 43% stake in Explora ...... 145

Matrix acquires Docpharma ................. 146

Matrix purchases finished dosage facility ............ 146

Agreements ................ 146

Clinton HIV/AIDS Initiative . 146

Litigation ... 147

Mylan/Matrix enter settlement deal with Pfizer for Vfend Tablets .... 147

Daiichi Sankyo sues Matrix for Azor patent infringement . 147

Products ..... 147

APIs .............. 147

International Generics............... 148

Financials ... 149

ORCHID CHEMICALS & PHARMACEUTICALS .................. 151

Company Strategy .... 151

Manufacturing ........... 152

R&D.............. 152

Key Markets ................ 153

Major Developments .................. 154

Sale of generic injectable formulations business to Hospira ................ 154

Agreements ................ 154

Ranbaxy ................. 154

Actavis . 154

Alpharma (now Actavis)...... 155

Acquisitions & Joint Ventures 155

Bexel Pharmaceuticals Inc. . 155

Biotechnological Chemical Development Ltd. ... 155

NCPC Orchid Pharmaceuticals Ltd. .... 155

Litigation ... 156

Products .....156

APIs .............. 156

Domestic Formulations ............ 156

International Generics............... 157

US .......... 157

Europe . 158

Financials ...160

PIRAMAL HEALTHCARE ..161

Company Strategy ....161

Abbott to acquire Piramal's Healthcare Solutions Business ................ 161

Manufacturing ........... 162

R&D.............. 163

Key Markets ................ 163

Major Developments ..................163

Mergers & Acquisitions ............. 163

Bharat Serums and Vaccines' anaesthetic products business ............ 163

Minrad International ............ 164

RxElite's inhalation anaesthetic gas distribution business .................. 164

Haemaccel Brands Group of PlasmaSelect AG, Germany . 164

Pharmaceuticals business of Healthline Private Limited, Bangalore .................. 165

Boots Piramal Healthcare ... 165

Pfizer's Morpeth facility ....... 165

Agreements & Joint Ventures 165

Eli Lilly .. 165

Napo Pharmaceuticals ........ 165

BioSyntech ............ 165

AstraZeneca.......... 166

Products .....166

APIs .............. 166

Domestic Formulations ............ 166

International Formulations ..... 166

Financials ...166

RANBAXY...........169

Company Strategy ....169

Manufacturing ........... 170

R&D.............. 171

Key Markets ................ 172

Major Developments .................. 172

Daiichi Sankyo to commercialise products in Mexico through Ranbaxy subsidiary ........ 172

Daiichi Sankyo acquires Ranbaxy ............ 173

Industry comment ................. 173

FDA takes regulatory action against Ranbaxy ....... 173

Congressional Committee expands Ranbaxy probe to include PEPFAR programme ..... 175

Mergers & Acquisitions ............. 176

Ranbaxy acquires product rights and facility from Biovel . 176

Ranbaxy acquires dermatology brands from Bristol-Myers Squibb . 176

Ranbaxy acquires Be-Tabs for US$71 million ..... 177

Ranbaxy acquires GSK's Mundogen generic business in Spain .......... 177

Ranbaxy acquires Terapia .. 177

Ranbaxy acquires generic product portfolio from Efarmes ................. 177

Divestitures ................. 177

Ranbaxy (Guangzhou China) Limited (RGCL) .... 177

Agreements ................ 178

Ranbaxy to market Gliadel for gliomas in India 178

Cipher/Ranbaxy enter agreement for CIP-Isoptretinoin acne treatment ........... 178

Ranbaxy/Merck enter anti-infective drug-discovery and -development collaboration .. 178

Ranbaxy and Orchid enter long-term strategic alliance .... 179

Ranbaxy/DBT collaborate to develop TB therapeutics ....... 179

Ranbaxy signs first biosimilars agreement .......... 179

R&D Agreement with GlaxoSmithKline ................ 179

Ipca and Ranbaxy sign deal for US market .......... 180

Ranbaxy signs Canadian licensing and supply agreements with Janssen-Ortho ............. 180

Ranbaxy to market Lupin's TB brands in Africa.. 180

Litigation ... 180

Ranbaxy and Takeda settle Actos litigation ........ 180

Pfizer and Ranbaxy settle majority of worldwide atorvastatin litigations ........ 181

AstraZeneca settles esomeprazole patent litigation with Ranbaxy; enters further agreements ..... 181

Forest and Merz file second suit against memantine challengers ..... 182

Ranbaxy settles possible litigation with GSK over sumatriptan ......... 182

Ranbaxy, Astellas and Boehringer resolve tamsulosin US patent litigation ..... 182

Novartis sues Ranbaxy over valsartan ................. 183

Ranbaxy and Goldshield win SFO cases .............. 183

UK Department of Health legal action settled .... 183

Products ..... 184

APIs .............. 184

Domestic Formulations ............ 184

International Formulations ..... 184

Ranbaxy/Daiichi Sankyo global partnership ...... 184

US .......... 185

Canada 189

Europe . 189

Australia................. 191

Japan ... 191

Brazil .... 191

Financials ...194

STRIDES ARCOLAB............196

Company Strategy ....196

Manufacturing ........... 196

R&D.............. 197

Key Markets ................ 197

Major Developments ..................198

Acquisitions, Agreements & Joint Ventures ........... 198

Strides to acquire injectable facility in Brazil from Aspen .. 198

Strides & Aspen restructure oncology partnership ............... 198

Pfizer and Strides collaborate on generics ........... 198

Ascent Pharmahealth .......... 198

GlaxoSmithKline . 199

Sagent . 199

Grandix 199

Joint venture relationship for Spain and Portugal ............... 199

Akorn-Strides ........ 199

Products .....200

Domestic Formulations ............ 200

International Generics............... 200

US .......... 200

Financials .. 202

SUN PHARMA ..203

Company Strategy ....203

Manufacturing ........... 204

R&D.............. 205

Key Markets ................ 206

Major Developments ..................206

Mergers & Acquisitions ............. 206

Taro Pharmaceutical Industries........... 206

Chattem Chemicals............... 208

Able Laboratories .................. 208

Valeant 208

Litigation ... 208

Orion sues Sun Pharma to enforce patent covering Comtan.............. 208

Products ..... 209

APIs .............. 209

Domestic Formulations ............ 209

International Generics............... 209

US .......... 209

Europe . 214

Financials ... 215

TORRENT PHARMACEUTICALS ...... 216

Company Strategy .... 216

Manufacturing ........... 216

R&D.............. 217

Key Markets ................ 217

Major Developments .................. 218

Mergers & Acquisitions ............. 218

Heumann Pharma Generics .................. 218

Agreements ................ 218

Torrent signs licence and supply agreement with AstraZeneca ......... 218

Dr Reddy's and Torrent sign Russian lisinopril agreement 219

Torrent Pharma licenses AGE compound to Novartis ......... 219

Products ..... 219

Domestic Formulations ............ 219

International Generics............... 220

US .......... 220

Brazil .... 220

Financials ... 221

WOCKHARDT ... 223

Company Strategy .... 223

Manufacturing ........... 224

R&D.............. 224

Key Markets ................ 225

Major Developments .................. 225

Divestitures ................. 225

Wockhardt sells its German business . 225

Acquisitions ................ 225

Morton Grove ....... 225

Negma Laboratories ............. 226

Pinewood Laboratories ....... 226

Agreements & Joint Ventures 226

Wockhardt and Sinclair Pharma reach in-licensing and collaborative agreements ........ 226

IDC and Wockhardt co-develop insulin pens for Indian market ........ 226

Li-Taka Pharmaceuticals .... 227

Wockhardt Mexico ................ 227

Wockhardt South Africa ...... 227

Litigation ... 227

Orion and Wockhardt settle entacapone-based products litigation 227

Products .....227

APIs .............. 228

Domestic Formulations ............ 228

International Generics............... 229

US .......... 229

Europe . 231

Financials ...232

ZYDUS CADILA ..................234

Company Strategy ....234

Manufacturing ........... 234

R&D.............. 235

Key Markets ................ 236

Major Developments ..................236

Mergers & Acquisitions ............. 236

Simayla Pharmaceuticals ... 236

Etna Biotech ......... 236

Laboratorios Combix............ 237

Quimica e Farmaceutica Nikkho do Brasil ........... 237

Nippon Universal Pharmaceutical...... 237

Liva Healthcare ... 237

Agreements & Joint Ventures 238

Zydus and Lilly collaborate on CV drug discovery/development ....... 238

Zydus collaborates with WHO to develop MAb cocktail for rabies.... 238

Nycomed chemical production moved to Zydus Nycomed ................. 238

Karo Bio/Zydus Cadila sign research agreement for novel GR modulators ...... 238

Evolupharn and Aerocid ..... 239

Bharat Serums and Vaccines ................ 239

Venus Remedies .. 239

Mallinckrodt ......... 239

Litigation ... 239

Three Rivers sues Zydus Cadila for ribavirin patent infringement ..... 239

Products .....240

APIs .............. 240

Domestic Formulations ............ 240

International Generics............... 241

US .......... 241

Europe . 243

Japan ... 243

Brazil .... 243

Financials ... 244

SOURCES .....247

Espicom Sources ............... 247

Others ................. 247

List of Tables

Indian Company Sales, 2009 ............... 7

FDA ANDA Approvals, 2002-2010 (Number) . 11

Indian Pharmaceutical Companies' US Subsidiaries ..... 12

FDA ANDA Approvals, January 2008 – March 2010 ...... 13

Indian Pharmaceutical Companies' EU Subsidiaries ..... 24

UK Marketing Authorisations, 2008-2010 ....... 26

Indian Company Registrations of Generic Medicines in Brazil, November 2009 ....... 33

Indian Companies' Foreign Acquisitions ........ 44

Export Summary, 2004-2008 (US$000) ............ 46

Retail Medicament Exports, 1998-2008 (US$000) .......... 48

Alembic's Manufacturing Facilities 50

Alembic: Top 8 Brands ..... 51

Alembic: FDA ANDA Approvals, 2009 ............. 52

Alembic: Financial Results 2006-2010 ............. 53

Aurobindo Pharma: Manufacturing Facilities .................. 56

Aurobindo Pharma: Key Subsidiaries .............. 57

Aurobindo Pharma: ANDA Approvals, 2004-2010 ......... 63

Cephazone Pharma: FDA ANDA Approval, 2007 ............ 65

Aurobindo UK MHRA Authorisations, 2006-2009 .......... 66

Milpharm UK MHRA Authorisations, 2006-2009 ............. 66

Aurobindo Pharma: Financial Results, 2005-2009 ......... 68

Biocon: Financial Results, 2006-2010 ............... 75

Cipla: Manufacturing Facilities ........ 77

Cipla: FDA ANDA Approvals ............. 83

Cipla: Tentative FDA ANDA Approvals ............. 83

Cipla: Tentative FDA NDA Approvals ............... 84

Cipla: Financial Results, 2006-2010 85

Claris Lifesciences: Key Subsidiaries ................. 87

Claris Lifesciences: FDA ANDA Approvals, 2008 ............. 88

Dr. Reddy's: Manufacturing Facilities ............... 91

Dr. Reddy's: Regional Headquarters and Key Subsidiaries ............ 94

Dr. Reddy's: Top 10 Brands in India, 2005-2009 ............101

Dr. Reddy's: FDA ANDA Approvals, 2002-2010 ..............103

Dr. Reddy's: UK MHRA Marketing Authorisations, 2006-2010 ...105

Dr. Reddy's: Financial Summary, 2006-2010 106

Glenmark Pharmaceuticals: Manufacturing Facilities 109

Glenmark Generics: Manufacturing Facilities .................110

Glenmark: Key Subsidiaries .............112

Glenmark: FDA ANDA Approvals, 2006-2010 .................119

Glenmark: UK MHRA Authorisations, 2008-2009 ..........120

Glenmark: ANVISA Registered Generics, 2009 ...............121

Glenmark: Financial Results, 2006-2010 ........122

Jubilant Organosys: Manufacturing Facilities ................124

Cadista (Jubilant): FDA ANDA Approvals, 2004-2010 .129

Pharmaceutical Services Incorporated (PSI): MHRA Authorisations, 2007 .................130

Jubilant Pharmaceuticals NV: MHRA Authorisations, 2009-2010 ................130

Jubilant Organosys: Financial Results, 2006-2010........131

Lupin: Manufacturing Facilities .....134

Lupin: Leading Brands in India, 2008 .............138

Lupin: FDA ANDA Approvals, 2003-2010 ......140

Lupin: Tentative FDA Approvals ...140

Lupin: UK MHRA Authorisations, 2007-2010 ..................141

Lupin: Financial Results, 2006-2010 ...............142

Matrix: Manufacturing Facilities ....144

Matrix: FDA ANDA Approvals, 2008-2010 .....149

Matrix: Tentative ANDA Approvals .................149

Matrix: Financial Results, 2005-2009 ..............150

Orchid: Manufacturing Facilities ...152

Orchid: Key Subsidiaries and Joint Ventures ..................153

Orchid: Top Ten Brands .156

Orchid: FDA ANDA Approvals, 2005-2010 ....158

Orchid: UK MHRA Authorisations, 2008-2010 ................159

Orchid: Financial Results, 2006-2010 ............. 160

Piramal Healthcare: Manufacturing Facilities................. 162

Piramal Healthcare: Financial Results, 2006-2010 ........ 167

Piramal Healthcare: Formulations Sales by Therapeutic Area, 2007-2009 (Rs. Million) ........... 167

Ranbaxy: Manufacturing Facilities .................. 171

Ranbaxy: Regional Headquarters & Key Subsidiaries . 172

Ranbaxy Laboratories: FDA ANDA Approvals, 2002-2009 ........... 187

Ohm Laboratories: FDA ANDA Approvals, 2006-2009 .................. 189

UK MHRA Marketing Authorisations, 2006-2010 .......... 190

Ranbaxy: ANVISA Registered Generics, 2009 ................. 192

Ranbaxy: Financial Results, 2005-2009 .......... 194

Ranbaxy: Sales by Region, 2009 .... 195

Strides Arcolab: Manufacturing Facilities ..... 197

Strides Arcolab: Key Subsidiaries .. 197

Akorn Strides: FDA ANDA Approvals, 2007-2009 ......... 201

Sagent Strides: FDA ANDA Approvals ............ 201

Strides Arcolab FDA ANDA Approvals ........... 201

Strides: Financial Results, 2005-2009 ............. 202

Sun Pharma: Manufacturing Facilities ............ 205

Sun Pharma: Key Subsidiaries ........ 206

Sun Pharma: FDA ANDA Approvals, 2006-2009 ............ 211

Caraco Pharmaceutical: ANDA Approvals, 2002-2008 .................. 213

Sun Pharma Tentative ANDA Approvals ....... 214

Sun Pharma UK Marketing Authorisations, 2008-2010................. 214

Sun Pharma: Financial Results, 2006-2010 ... 215

Torrent Pharma: Manufacturing Facilities .... 217

Torrent Pharma: Key Subsidiaries. 218

Torrent Pharma: FDA ANDA Approvals, 2007-2010 .... 220

Torrent Pharma: Financial Results, 2006-2010............... 221

International Sales by Region, 2009 ............... 221

Wockhardt Manufacturing Facilities .............. 224

Wockhardt: Key Subsidiaries .......... 225

Wockhardt: FDA ANDA Approvals, 2003-2009 .............. 230

Wockhardt UK Marketing Authorisations, 2006-2009 232

Pinewood Laboratories UK Marketing Authorisations, 2006-2009 ............ 232

Wockhardt: Financial Results, 2005-2009 ..... 233

Wockhardt Sales by Region, 2008 233

Zydus Cadila: Manufacturing Facilities .......... 235

Zydus Cadila: Key Subsidiaries .......236

Zydus: ANDA Approvals, 2005-2009 ..............242

Zydus: Tentative FDA ANDA Approvals .........243

Zydus ANVISA Registered Generics, 2009.....244

Zydus Cadila: Financial Results, 2006-2010 ..245

List of Figures

Map: Indian Pharmaceutical Company Headquarters .... 5

Map: Manufacturing Locations in India ............. 6

Map: Indian Companies in the US .. 12

Map: Indian Companies in the UK and Ireland ................ 25

Map: Indian Companies in Continental Europe .............. 30

Map: Indian Companies in Brazil..... 31

Map: Indian Companies in China .... 41

Exports of Raw Materials & Retail Medicaments, 1998-2008 (US$000) ....... 46

Pharmaceutical Exports by Category, 1998 & 2008 (%) .................. 47

Pharmaceutical Export Growth, 1999-2008 (%) .............. 48

Cipla: Exports by Region, 2009 (%). 85

Dr. Reddy's: Generic Sales by Region, 2010 (%) .............107

Glenmark: Formulations Sales by Region, 2010 (%) ....122

Matrix: Sales by Region, 2009 (%) .150

Piramal Formulations Revenue by Therapeutic Area, 2009 (%) 168

Ranbaxy: Sales by Region, 2009 (%) ...............195

Strides: Revenue by Region, 2008 202

Torrent Pharma: International Sales by Region, 2009 (%)............222

Wockhardt: Sales by Region, 2008 (%) ...........233

Zydus Cadila: Formulation Sales by Region, 2009 (%) 245

Zydus Cadila: Domestic Formulations Sales by Therapy Area, 2009 (%) ..246

To order this report:

Pharmaceutical Industry: The Indian Pharmaceutical Industry: New Strategies in a Changing World  

Pharmaceutical Business News

More  Market Research Report

Check our  Company Profile, SWOT and Revenue Analysis!

Nicolas Bombourg

Reportlinker

Email: [email protected]

US: (805)652-2626

Intl: +1 805-652-2626

SOURCE Reportlinker

21%

more press release views with 
Request a Demo

Modal title

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2026 Cision US Inc.