People | August 21, 2024
Wanbury appoints Pradeep Patni as CEO of India Formulation Business
Patni brings over 25 years of distinguished experience in the pharmaceutical industry
Patni brings over 25 years of distinguished experience in the pharmaceutical industry
Glycopyrrolate Oral Solution is an anticholinergic medication indicated for pediatric patients
The company is also looking at an inorganic opportunity over the next two years to have a commercially ready footprint in the US
India Business grew by 11.9% YoY to Rs. 1196.2 crore
Collaboration with KNAUER to streamline and improve the scale-up of LNP formulations
Gross profit was Rs. 328.8 crore, up by 27.8% YoY with a gross margin expansion of 418 bps to 55.7%
The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Pradaxa Capsules, 110 mg of Boehringer Ingelheim Pharmaceuticals
European markets now contribute 51% of our business revenue up from 43% in Q4 FY24 and 34% in Q1 FY24
Trazodone tablets are indicated for the treatment of major depressive disorder in adults
This strong performance was primarily on account of a one-time gain from the strategic collaboration between Biocon Biologics and Eris Lifesciences.
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