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Thursday, Feb 21, 2002

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Alembic's new drugs to account for 12% turnover

Our Bureau

NEW DELHI, Feb. 20

THE Baroda-based Alembic Ltd, as part of its shift from acute diseases to chronic disease management, has lined up new drugs in diabetes, cardiac and nutraceuticals segments.

Ms Malika C. Amin, Wholetime Director, told mediapersons that its new product portfolio would account for 12 per cent of its turnover.

Currently, about 36 per cent of its total turnover of Rs 498 crore comes from domestic formulations.

She was briefing the media following the launch of Isovon, a nutraceutical drug for the treatment of premenopausal and menopausal symptoms.

With the launch of Isovon, the company was consolidating its basket of nutraceuticals.

Alembic has entered into a tie-up with the US-based Cognis Health and Nutrition for the import of soy isoflavones.

Priced at Rs 10 per capsule, Isovon comes in a pack of 10.

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