Professional Documents
Culture Documents
of
marketing management
on
5 news on ranbaxy
submitted to-:
submitted by-:
Ms. Raminder Kaur
ajay bhatia
lect. (SMS)
m.b.a. 1(B) 5830
1) DAIICHI SANKYO GROUP TO EXPAND ITS BUSINESS SCOPE IN JAPAN THROUGH ESTABLISHM
ENT OF DAIICHI SANKYO ESPHA CO. LTD.
February 26, 2010, Tokyo, Japan and Gurgaon, India
Daiichi Sankyo Company Limited (“Daiichi Sankyo”) and Ranbaxy Laboratories Limited (“R
anbaxy”) today announced that Daiichi Sankyo will establish Daiichi Sankyo Espha C
o., Ltd. (“Daiichi Sankyo Espha”) on April 1st, 2010. Daiichi Sankyo Espha will mark
et generic drugs, as well as Daiichi Sankyo’s products which have gained a well-es
tablished reputation in the market.
“Daiichi Sankyo is dedicated to meeting the universal desire of patients to improv
e their health and better balance their lives,” said Takashi Shoda, President & CE
O of Daiichi Sankyo. “We believe that our understanding of the Japanese market and
local presence united with the global expertise of Ranbaxy in the generic arena
will enable us to achieve efficient and immediate entryinto the generic market.”
Remarking on the development, Atul Sobti, CEO and Managing Director of Ranbaxy,
said, “Daiichi Sankyo’s leadership in the Japanese pharmaceutical market will guide
us to further expand our business in Japan. Ranbaxy is committed to bringing hig
h quality, affordable medicines to doctors and patients across the world.”
Completing their strategic alliance in November 2008 to form the unique Hybrid B
usiness Model, Daiichi Sankyo and Ranbaxy (collectively “the Group”) have been movin
g forward to fully leverage the Model. The expanded global reach enables leading
market positions in both developed and emerging markets through the supply of i
nnovative and established pharmaceuticals.
In addition to meeting unmet medical needs through the development and marketing
of outstanding new drugs, the Group also operates an OTC business, and is accel
erating its efforts to reinforce its Vaccine business. In order to further fulfi
ll the various needs patients have, the Group is also committed to providing pat
ients with reliable generic pharmaceuticals through a strong network of Japanese
and overseas companies. Leveraging Ranbaxy’s strengths, Daiichi Sankyo Espha will
expand its product pipeline and continuously realize stable supply.
As a member of the Group, Daiichi Sankyo Espha will continue to respond to the e
xpectations of patients, firmly coordinating the Group’s strengths through coordin
ation of the most important elements of pharmaceuticals: quality, information, a
nd stable supply.
About Daiichi Sankyo Company, Limited
A global pharma innovator, Daiichi Sankyo Company, Ltd., was established in 2005
through the merger of two leading Japanese pharmaceutical companies. This integ
ration created a more robust organization that allows for continuous development
of novel drugs that enrich the quality of life for patients around the world. A
central focus of Daiichi Sankyo s research and development are thrombotic disor
ders, malignant neoplasm, diabetes mellitus, and autoimmune disorders. Equally i
mportant to the company are hypertension, hyperlipidemia or atherosclerosis and
bacterial infections.
About Ranbaxy Laboratories Limited
Ranbaxy Laboratories Limited, India s largest pharmaceutical company, is an inte
grated, research based, international pharmaceutical company producing a wide ra
nge of quality, affordable generic medicines, trusted by healthcare professional
s and patients across geographies. Ranbaxy’s continued focus on R&D has resulted i
n several approvals in developed markets and significant progress in New Drug Di
scovery Research. The Company’s foray into Novel Drug Delivery Systems has led to
proprietary "platform technologies," resulting in a number of products under dev
elopment. The Company is serving its customers in over 125 countries and has an
expanding international portfolio of affiliates, joint ventures and alliances, g
round operations in 46 countries and manufacturing operations in 7 countries. Ra
nbaxy is a member of the Daiichi Sankyo Group. Daiichi Sankyo is a leading globa
l pharma innovator, headquartered in Tokyo, Japan.
5) RANBAXY ENTERS VACCINES ARENA WITH THE ACQUISITION OF PRODUCT RIGHTS AND MANU
FACTURING FACILITY FROM BIOVEL
Gurgaon (Haryana) India, January 19, 2010
Ranbaxy Laboratories Limited (Ranbaxy) today announced the signing of Agreements
with Biovel Lifesciences Private Limited (Biovel), Bangalore, India, providing
for the acquisition of product rights and a manufacturing facility, from Biovel.
The proposed transaction will give Ranbaxy access to all of Biovel’s products, pi
peline, IP, Know-How and manufacturing facility, located in Bangalore, India.
Speaking on the development, Mr. Atul Sobti, CEO & MD, Ranbaxy, said, “With an inc
reasing focus on prevention of disease, the importance of the vaccine market has
never been greater. This transaction with Biovel provides us an entry platform
to manufacture vaccines as well as biotherapeutics. The vaccine and biotherapeut
ics business will be an important part of our growth strategy.”
Commenting on the transaction, Mr. Pratap Reddy, Chairman, Biovel, said, “We have
created modern manufacturing infrastructure and a robust product pipeline. We ar
e sure that Ranbaxy, with its global market reach, quality and manufacturing exp
ertise, will be able to leverage this to its full potential, and create a busine
ss of scale.”
The products that are part of the transaction include Typhoid Vi antigen and Hib
conjugate vaccines, for which, Biovel has received regulatory approval for Indi
a; as well as Biovel’s development pipeline, comprising a range of vaccines, bioth
erapeutics and other products.
In 2008, the global vaccines market was approximately USD 21 billion. It is esti
mated to grow at a rate of 9%, to reach USD 34 billion by 2014. The Indian vacci
ne market valued at Rs. 3,600 Crores, in 2008, is growing annually at 10%. [Eval
uate Report, 2009].
Ranbaxy Laboratories Limited, India s largest pharmaceutical company, is an inte
grated, research based, international pharmaceutical company producing a wide ra
nge of quality, affordable generic medicines, trusted by healthcare professional
s and patients across geographies. Ranbaxy’s continued focus on R&D has resulted i
n several approvals in developed markets and significant progress in New Drug Di
scovery Research. The Company’s foray into Novel Drug Delivery Systems has led to
proprietary "platform technologies," resulting in a number of products under dev
elopment. The Company is serving its customers in over 125 countries and has an
expanding international portfolio of affiliates, joint ventures and alliances, g
round operations in 46 countries and manufacturing operations in 7 countries. Ra
nbaxy is a member of the Daiichi Sankyo Group. Daiichi Sankyo is a leading globa
l pharma innovator, headquartered in Tokyo, Japan.