Torrent The Goal A Process Of Ongoing Improvement

Torrent The Goal A Process Of Ongoing Improvement torrent#

В• Brazil sales in constant currency grew by 11% during the year vs market growthof 8.9% backed by new launches & growth in BGx and GGx segments. 1 Indian Pharmaceutical company inBrazil.

Torrent The Goal A Process Of Ongoing Improvement torrent#

В• Torrent is ranked amongst top 3 players in 25 molecules.

В• Despite a lack of new approvals Torrent continued to strengthen its pipelineand has filed 12 ANDAs (PY 12) during the year.ДЈ products were launched during the year. Torrent continues to await guidance from the USFDA on thenext steps and re-inspection of the facilities. В• For all the three facilities Torrent has already completed its CAPAs andsubmitted the closure report. В• US revenues were impacted on account of pending new approvals due to OAI / WLclassification of its facilities at Dahej В• Torrent is ranked 8 th in the IPM with 10 brands with sales of morethan Rs 100 crores. В• At the year end field force productivity is` 8.4 Lakhs per month animprovement of 17% over previous year. NDDS Tapentadol Nasal spray in Pain Analgesic therapy. Obeticholic Acid within the Gastro Intestinal therapy В• Torrent continued its focus on new introductions during the year launchingseveral important introductions in key markets: therapy Д«rivaracetam in the Central Nervous System therapy

Torrent outperformed the market withgrowth of 6.1% due to high chronicity of its portfolio. В• The Indian Pharmaceutical Market registered a rather muted growth of 2.1% owingto pandemic induced lockdowns and economic slowdown. It laid the highest emphasis on safety of itsemployees and their families through a number of employee centric and safety relatedinitiatives. Torrent has taken all appropriate proactive measures to ensurecontinuity of supplies to patients.

В• Employees' safety and business continuity has been at the core of our day to dayfocus during these times. While the pharmaceutical sector is relatively insulatedfrom the pandemic and lockdowns it did have impact on the industry's growth trajectory. В• The COVID-19 pandemic and its resurgence has posed an unprecedented challenge toglobal economy and corporations. The Directors have the pleasure of presenting the Forty Eighth Annual Report of yourCompany together with the Audited Financial Statement for the year ended 31 stMarch 2021.