1. Businesses
  2. Healthcare & Pharmaceuticals
  3. Maharashtra
  4. Other City
  5. BK002239
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Pharma Formulation Marketing Business Looking for Expansion Funding

Listing ID: BK002239
Posted By: Owner
Last Active: 1+ year ago
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About Business

The company is engaged in the business of Marketing Pharmaceutical Formulations. Running since 2010 the company has established a strong marketing channel for reaching out to Retailers / Pharmacies. The company currently markets 37 products under its own Brand Name (21 Registered Brands) in 5 states namely Maharashtra, Madhya Pradesh, Odisha, West Bengal & Assam (North East).The company is focusing on Class II – Class IV towns & rural segments. It’s main strength today is a stable field force as it’s Attrition Rate is much below the industry average(small & medium companies), also all the products have found acceptance with the Doctors and Stockiest are procuring material consistently with regular payments. it has various products in its portfolio; covering various Therapeutic segments such as Antibiotics & Antibacterial, Non-Steroidal Anti-Inflammatory Drugs (NSAIDs), Anti-Allergics, Respiratory, Multivitamins & Multiminerals, Gastrointestinal, Hematinic, Antipyretic & Analgesic, Gynecology, etc. Presently, getting its products manufactured from GMP/WHO compliant facilities. Turnover for the last financial year is 3.40 Cr. This successfully running business is now looking for expansion, in terms of covering entire PAN India market as well as entering into manufacturing domain. It has set an ambitious target of crossing Rs.60 Crores turnover (including Manufacturing) by FY 19-20. To support its implementation and achieve targets the Company is looking at the investment of INR 20 Cr.

Reason

Funding Requirement

Keywords

Healthcare & Pharmaceuticals (Other) business opportunities in Other City , Franchise opportunities in Other City , Healthcare & Pharmaceuticals (Other) business investment in Other City , Healthcare & Pharmaceuticals (Other) business opportunities , Business opportunities in Other City

Business Tags

Brand name Experts Acceptance Profitable stable field force Strong Marketing Channel Wide Portfolio

₹10 to ₹200 Cr

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