Marksans Pharma: Core Strategies for Future Growth
Marksans Pharma Limited (Reuters: MARK.BO; Bloomberg: MRKS IN; NSE: MARKSANS; BSE: 524404) hereby announces that its wholly owned subsidiary Relonchem Limited has received Marketing Authorization for the product Gabapentin 50 mg/ml oral solution from UK Medicines & Healthcare Products Regulatory Agency.
Marksans Pharma Limited (Reuters: MARK.BO; Bloomberg: MRKS IN; NSE: MARKSANS; BSE: 524404) hereby announces the final approval of the Company’s wholly owned subsidiary Marksans Pharma Inc.’s Abbreviated New Drug Application (ANDA) for Omeprazole Delayed-Release Tablets, 20 mg (OTC). This product is bioequivalent to the reference listed drug (RLD), Prilosec Delayed-Release Tablets, 20 mg (OTC), of AstraZeneca Pharmaceuticals LP, NDA - 021229. Omeprazole is used to treat heartburn and certain other conditions caused by too much acid in the stomach.
Marksans Pharma Limited (Reuters: MARK.BO; Bloomberg: MRKS IN; NSE: MARKSANS; BSE: 524404) hereby announces that its wholly owned subsidiary Relonchem Limited has received Marketing Authorization for the product Oxybutynin hydrochloride 2.5mg/5ml Oral Solution from UK Medicines & Healthcare Products Regulatory Agency.
Marksans Pharma: Core Strategies for Future Growth- Expanding the OTC business
- Aim to capture a significant part of the multi-billion-dollar OTC opportunity
- According to IQVIA, Global OTC Size in 2025 is expected to be ~$ 204bn.
- OTC segment grew at CAGR of 17% (from FY17-FY24).
- Majority of revenue in OTC comes from manufacturing and selling store brands for key retailers in key regions
- Marksans is the most preferred and growing low-cost store brand manufacturing partner
- Capacity expansion
- Aim to scale the newly acquired TEVA unit’s capacity to 8bn units p.a. in three phases
- Phase 2 expansion to 6bn units p.a. will be completed by the end of FY25
- Plan to manufacture tablets, hard capsules, ointments, liquids, and creams
- Healthy product pipeline
- Continued focus on R&D leading to strong product pipeline and successful launches
- Strong pipeline of more than 76 products
- Supplement growth via acquisitions
- Will follow calibrated inorganic growth approach
- Expansion in growing markets and EU through acquiring front-end marketing and distribution companies
- Strong balance sheet to support the growth Backward integration
- In the process of backward integration, and API manufacturing for captive consumption of top molecules

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