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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