Marksans Pharma’s manufacturing facility at Verna, Goa approved by Australian TG
The products will be manufactured in Goa India and marketed & distributed in Australian markets
The products will be manufactured in Goa India and marketed & distributed in Australian markets
Gross profit was Rs. 328.8 crore, up by 27.8% YoY with a gross margin expansion of 418 bps to 55.7%
US business grew by +12.8% YoY
This product is bioequivalent to the reference listed drug (RLD), Nexium 24 HR Delayed- Release Capsules, 2.0mg (OTC), of AstraZeneca Pharmaceuticals
Marksans will continue to supply existing products until the end of 2023 to Teva's affiliates, ensuring high-quality standards
Marksans' OTC Famotidine Tablets USP are acid reducers
The product will be manufactured at the plant of Bell, Sons & Co. (Druggists) Ltd. located at Gifford House, Slaidburn Crescent, Southport, UK
OrbiMed's exercise of warrant conversion will further strengthen the company's net cash position to over Rs.650 crores.
The company has reported total income of Rs. 450.26 crores during the period ended June 30, 2022.
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