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NSE
68.05
Change Change %
2.15 3.26%

Updated:27 Oct, 2021, 16:13 PM IST

BSE
68.00
Change Change %
2.10 3.19%

Updated:27 Oct, 2021, 16:00 PM IST

Marksans Pharma, incorporated in 1992, was a wholly–owned subsidiary of Glenmark Pharmaceuticals. It became a separate entity in March 2003 and the name was changed to Marksans Pharma in 2005.

Currently the company has presence in Active Pharmaceuticals Ingredients (APIs), formulations and biopharmaceuticals. It is also actively engaged in research and development and offers contract research and manufacturing services (CRAMS) to global pharmaceutical companies.

The company, engaged in production of prescription drugs, caters in areas like oncology, gastroenterology, antidiabetic, cardiovascular, pain management, gynaecology and others.

The company's plants have been built as per USFDA guidelines and have received approval from various health authorities namely TGA (Australia), MHRA (United Kingdom) ANVISA (Brazil) apart from WHO GMP certificate.

Marksans Pharma  acquired Relonchem, a leading UK–based generic pharmaceutical company. This acquisition gave company an immediate sales and marketing front–end access to the highly regulated and lucrative generic medicines market in UK and Europe.

Marksans Pharma exports its products to markets in Europe, Latin America, Africa and Oceania.

In 2010 Company entered into a Business Transfer Agreement with Kores (India) Limited

Business area

Research and Development– The company’s R&D centre is situated in Goa and is engaged in new drug discovery chemistry, pharmacokinetics, pharmacology/ molecular biology, toxicology, and related skills and support areas.

Formulation– This division is engaged in manufacturing of tablets, non–sterile liquids, ointments and powder products. The company owns one of the biggest manufacturing facility for soft gelatin in Asia. The company’s manufacturing plants are located at Goa and UK.

APIs– Marksans' two APIs manufacturing units are located in Pune. The present manufacturing capacity of 1140 TPA that comprises of 600 TPA Quinolones, 360 TPA Ranitidine, and 180 others.

CRAMS– The company has alliances with the top 8 MNC generic companies for contract manufacturing of 30 generic products for the European markets. It has entered into licensing agreements with numerous companies for development and supply of products for 7–10 years.

Milestones

2009 – Marksans Pharma establlished itself as a global player
2008 – Acquired Bells, Sons & Co. (Druggists) Ltd.
          Acquired Relonchem Limited
2005 – Acquired Nova Pharmaceuticals Australasia Pty Ltd.
2003 – Spun–off into a separate entity – Glenmark Laboratories Ltd.
          Changed its name to "Marksans Pharma Ltd"
2001  – Marksans was incorporated as a wholly owned subsidiary of Glenmark Pharmaceuticals Ltd.

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