The Medicine Box

CNBC-TV18
The Medicine Box

A podcast designed to put the spotlight on the most important issues in the pharmaceutical and healthcare space — hosted by Ekta Batra. #TheMedicineBox provides a sharper vision of the future of the pharma and healthcare industry to see where it is headed.

  1. The Medicine Box: Torrent Pharma eyes double digital domestic growth, cardiology key focus, says ED Aman Mehta

    29.03.2022

    The Medicine Box: Torrent Pharma eyes double digital domestic growth, cardiology key focus, says ED Aman Mehta

    Torrent, an over 60-year-old Indian pharma company, the flagship company of the Torrent Group, is most recognised for its strong domestic focus. It is the eighth largest player in India, with around 40 percent of its revenues from the domestic market. It has strengthened its presence with acquisitions in the past 10 years such as buying Elder Pharma’s domestic business in 2014 for Rs 2000 crore and Unichem’s domestic business in 2017 for Rs 3600 crore. Domestic market brands include Shelcal, Unienzyme and Nebicard. In this edition of The Medicine Box Podcast, CNBC-TV18’s Ekta Batra gets in conversation with Torrent Pharma’s ED Aman Mehta to know more about the company’s outlook for growth on the domestic as well as the global front. The company expects underlying domestic growth in double digits whilst seeing quarterly blips. Cardiology is a focus area for the company, which is ranked second in the cardiac segment and expects to grow in double digits. One of its key brands, Shelcal has shown robust growth in the past few years with a focus on newer extensions in the brand. Outside of India, the company is looking at remediation measures for plants impacted by USFDA issues and anticipates a 10 percent price erosion in the US. The company has also recently entered newer markets such as Mexico. Overall, it expects margins to recover to 28-30 percent and is looking at mid sized acquisitions. Tune in to The Medicine Box Podcast for more

    21 мин.
  2. The Medicine Box: JB Chemical's Nikhil Chopra on factors driving domestic pharma market’s growth

    23.12.2021

    The Medicine Box: JB Chemical's Nikhil Chopra on factors driving domestic pharma market’s growth

    India’s pharma market, which comprises chronic and acute medication, is poised for growth. The domestic market grew from $17 billion in FY17 to $21 billion in FY21. In this edition of The Medicine Box Podcast season 5, CNBC-TV18’s Ekta Batra speaks to Nikhil Chopra, the CEO of JB Chemicals and Pharmaceuticals Ltd, about how big the chronic and acute market is in India, the competition from generic medicines, and the pharma firm’s plans for the near future. According to Chopra, consumer awareness about wellness and immunity has risen in the past 24 months, the majority of which includes the COVID-19 pandemic period, he said. Acute therapy, which includes anti-infectives, gastro, vitamins, etc, saw a decline during the period as more people were indoors and hence fewer caught infections. Now, given a gradual return to normalcy, besides recovery in acute therapy, Chopra believes chronic therapies, which include medication for cardiovascular, metabolic diseases, etc., could grow and beat the domestic market growth. JB Chemicals and Pharmaceuticals Ltd generates 49 percent of its revenue from the domestic market and has outperformed the industry growing 14 percent in FY21 against the industry growth of 4 percent. The CEO said the company is beating the industry due to strong brands in the Indian market. And, it is looking to improve its ranking from its current 27th position in the domestic market. Tune in to The Medicine Box Podcast for more

    21 мин.

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A podcast designed to put the spotlight on the most important issues in the pharmaceutical and healthcare space — hosted by Ekta Batra. #TheMedicineBox provides a sharper vision of the future of the pharma and healthcare industry to see where it is headed.

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