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DRIVIN G ROWTH - Dr. Reddy's

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WITH THE ANTICIPATED G<strong>ROWTH</strong> IN THE GLOBAL GENERICS<br />

BUSINESS AFTER 2005 — WHEN A LARGE NUMBER OF<br />

FORMULATIONS GO OFF-PATENT — THE COMPANY’S APIS<br />

BUSINESS SHOULD SEE SIGNIFICANT G<strong>ROWTH</strong>.<br />

Table 5<br />

|<br />

India Revenue by<br />

therapeutic segments<br />

RS. MILLION<br />

REVENUE SHARE<br />

Cardio-vascular 939 23%<br />

Pain management 785 19%<br />

Gastro-intestinal 751 19%<br />

Anti-infective 666 16%<br />

Specialty 538 13%<br />

Naturals 363 10%<br />

Total 4,042 100.0%<br />

sixth in the Indian formulations market,<br />

with a market share of 2.6 per cent.<br />

CMARC’s prescription audit puts the<br />

Company in fifth place. Two of the<br />

Company’s brands occupy positions among<br />

the top-20 pharmaceutical brands in India;<br />

10 are brand leaders; 11 occupy second<br />

position; while two are in the third position.<br />

The top-10 brands accounted for 53 per<br />

cent of the segment’s domestic sales<br />

revenue. Table 4 gives the data. Table 5<br />

gives revenues by therapeutic segments.<br />

GENERICS<br />

MUCH HAS BEEN ALREADY written<br />

on <strong>Dr</strong>. Reddy’s generics business in the<br />

earlier pages. The overall revenue from this<br />

segment was Rs. 4,066 million in 2001-02,<br />

compared to Rs. 304 million in the<br />

previous year — driven largely by the sale<br />

of fluoxetine<br />

capsules 40 mg in<br />

the US, which<br />

contributed 81 per cent to the total generics<br />

turnover. Excluding fluoxetine, revenue<br />

was at to Rs. 780 million.<br />

Besides fluoxetine, <strong>Dr</strong>. Reddy’s<br />

successfully launched several other generic<br />

products in 2001-02. Some of these are: (i)<br />

famotidine tablets 10 mg(OTC), 20 mg and<br />

40 mg in the US, (ii) omeprazole capsules<br />

10 mg and 20 mg, ciprofloxacin tablets<br />

100 mg, 250 mg, 500 mg and 750 mg,<br />

and Ranitidine tablets 75 mg in South<br />

Africa, and (iii) norfloxacin tablets<br />

400 mg in Australia.<br />

DR. REDDY’S LABORATORIES LTD. | MANAGEMENT DISCUSSION AND ANALYSIS | ANNUAL REPORT 2001-2002<br />

53

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