City
Epaper

Alniche Lifesciences forays into pharma manufacturing by setting up EffiKasia Lifesciences, a state-of-the-art manufacturing unit

By ANI | Updated: January 2, 2021 15:55 IST

In this new year, Alniche Lifesciences has achieved a new milestone by venturing into manufacturing in its state-of-the-art facility under the name of EffiKasia Lifesciences at Kangra, Himachal Pradesh.

Open in App

In this new year, Alniche Lifesciences has achieved a new milestone by venturing into manufacturing in its state-of-the-art facility under the name of EffiKasia Lifesciences at Kangra, Himachal Pradesh.

EffiKasia Lifesciences will manufacture pharmaceuticals, nutraceuticals and dermatologicals. With this initiative, Alniche plans to increase its profit margins and push top-line by expanding sales operations for Exports in semi-regulated markets. Additionally, with its own manufacturing setup, the company plans to compete in the institutional tender business thus setting up a new business vertical.

EffiKasia is in discussions with various global compes to acquire unique technology platform and by leveraging these technologies, the team of scientists in its R&D will introduce a whole new range of differentiated formulations in the domestic and exports markets. In the future, the Company plans to expand its manufacturing capacities to contract-manufacture for others, thus making its mark in the CMO space.

In aggressively growing and highly competitive IPM, Alniche Lifesciences has carved out its 70th rank by building brands in niche therapies - Nephrology, Critical care, Gastroenterology, Skinceuticals, Advance woundcare and Neurology segments.

The Company has bagged one of the top ranks in Nephrology and Critical Care segment. With its entire product range focused on Test-Treat-Rehabilitate, Alniche has registered double digit growth till December 2020.

"With our growing sales across various therapy-verticals, there has always been a need for back-end integration by setting up our manufacturing plant. Initially, EffiKasia will manufacture exclusively for Alniche and in the future expand its base as a reliable contract-manufacturing company," said Girish Arora, Founder & Managing Director of Alniche.

Karan Arora, Director - EffiKasia, shares the same vision and plans to expand the network of distributors for export markets. His vision is to bring newer technologies and manufacturing of global brands in India to produce high-quality products at competitive prices for the Indian masses.

He strongly believes that together with marketing edge of Alniche and manufacturing excellence of EffiKasia, this duo will create their mark in the domestic and exports markets.

Alniche Life Sciences is one of India's fastest growing Pharma Company based in New Delhi, serves patients and the medical fraternity by offering specialized, high-quality, effective, affordable medicines and wellness products.

Alniche has carved a firm position for itself in the Indian Pharma market through a focused approach for key brands and deep engagement with doctors. Their 700 sales team members are covering 70,000 doctors and 30,000 hospitals with a strong portfolio of both domestic and licensed brands from global partners, in the areas of Nephrology, Critical care, Gastroenterology, Dermatology, Neurology and Advanced wound care.

Alniche is ranked one of the top company in Renal care and Critical care. Alniche has partnered with global pharma orgzations to bring novel global brands in India including Alliance (UK), J W Life Science (Korea), Adhezion Biomedical Inc. (USA), FzioMed (USA), PT Dermozone Pratama (Indonesia), Biovite (Australia), and Dongkook (Korea).

This story is provided by NewsVoir. will not be responsible in any way for the content of this article. (/NewsVoir)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalOur relations, our dealings with Pakistan will be strictly bilateral: EAM Jaishankar

NationalGovt’s first monthly data series pegs unemployment at 5.1 pc in April

NationalOur relations, our dealings with Pakistan will be strictly bilateral: EAM Jaishankar

BusinessGovt’s first monthly data series pegs unemployment at 5.1 pc in April

NationalAndhra Pradesh liquor scam: Ex bureaucrats appear before SIT for second day

Business Realted Stories

BusinessIndian stock recovers from flat opening; Sensex zooms 1200 pts, Nifty up 395 pts

BusinessIndiGo defends code sharing with Turkish Airlines after social media backlash

BusinessSaint-Gobain Gyproc India Unveils India's First and Only EPD on Low Carbon Plaster

BusinessITC Dermafique Launches the Dermafique Indian Skin Health Report; reveals Indian Skin is Unique and Different from other Ethnicities

BusinessStock market surges after Trump's India trade deal claim, Nifty above 25,000