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126 126  [[image:TORNTPHARM4.jpg]]
127 127  
128 128  
129 -Business Overview
129 += Business Overview =
130 130  
131 -Torrent Pharma blazed a new trail in the Indian Pharmaceuticals industry by successfully implementing the concept of niche marketing. Torrent Pharmaceuticals was the pioneers in initiating the concept of niche marketing and today, is ranked amongst the leaders in therapeutic segment of cardiovascular (CV), central nervous system (CNS), gastro-intestinal (GI) and women healthcare (WHC). The Company also has significant presence in diabetology, pain management, gynaecology, oncology and anti-infective segments.
131 +Torrent Pharma blazed a new trail in the Indian Pharmaceuticals industry by successfully implementing the concept of niche marketing. Torrent Pharmaceuticals was the pioneers in initiating the concept of niche marketing and today, is ranked amongst the leaders in therapeutic segment of cardiovascular (CV), central nervous system (CNS), gastro-intestinal (GI) and women healthcare (WHC). The Company also has significant presence in diabetology, pain management, gynaecology, oncology and anti-infective segments.{{footnote}}https://torrentpharma.com/index.php/site/info/businessAreas{{/footnote}}
132 132  
133 -[[https:~~/~~/torrentpharma.com/index.php/site/info/businessAreas>>url:https://torrentpharma.com/index.php/site/info/businessAreas]]
134 134  
135 135  Torrent Pharma also has a strong international presence spread across 40 countries with operations in regulated and emerging markets like US, Europe, Brazil and Rest of the World. The Company operate through its wholly owned subsidiaries spread across 12 nations with major setups in Brazil, Germany and US.
136 136  
137 137  
138 -India Business
137 +== India Business ==
139 139  
140 140  Right from pioneering niche marketing in India to earning the sobriquet of 'The Company with the Most First Launches,' Torrent Pharma has established itself as a major player in the Indian Pharma arena. Torrent Pharmaceuticals has well segregated marketing divisions, strategically structured on specific therapeutic areas and enjoys dominance in therapeutic segment of cardiovascular (CV), central nervous system (CNS), gastro-intestinal (GI) and women healthcare (WHC). The company's vast field force of more than 3600 personnel cater to 1.70 Lakh Doctors across the country. Torrent Pharma has a strong domestic presence in India with modern manufacturing facilities and cutting edge R & D Center. Revenues in India was Rs. 3,739 Cr. in 2020 – 2021. Torrent Pharma reaches the target market segments through 22 sales divisions with a wide customer coverage through 5000+ stockists and 59000 retailers serviced through 22 distribution centres across India.
141 141  
... ... @@ -143,8 +143,11 @@
143 143  With Unichem's domestic business acquisition, Torrent has entered the list of top pharma firms in the Indian Pharma Market (IPM) and is ranked No 8 in the IPM.
144 144  
145 145  
146 -US Business
145 +[[image:TORNTPHARM6.png]]
147 147  
147 +
148 +== US Business ==
149 +
148 148  The world’s largest market for pharmaceuticals, USA has always been on Torrent Pharma’s strategic radar. Torrent Pharma Inc., its subsidiary, serves the growing need of its products in the market and today Torrent Pharmaceuticals is ranked 10th amongst the US generic Indian Companies.
149 149  
150 150  
... ... @@ -154,19 +154,16 @@
154 154  Torrent has strengthened the US presence through acquisition of Bio-Pharm, Inc. (BPI) a generic pharmaceuticals and OTC Company, based in Levittown Pennsylvania, USA, which includes, its first overseas US FDA registered manufacturing facility.
155 155  
156 156  
159 +== International Business ==
157 157  
158 -International Business
159 159  
162 +**EUROPE**
160 160  
161 -EUROPE
164 +One of the most regulated and evolved Pharma markets worldwide, the EU has been a veritable learning ground for Torrent. Proven expertise in product development and a strong regulatory knowledge have helped in developing a highly robust product portfolio comprising of different TAs including CNS, CVS and GI among others. The company's wholly owned subsidiaries in Germany and UK, spearhead Torrent Pharma’s operations in the EU territory. Both the markets have shown impressive growth over the last 5 years.{{footnote}}https://torrentpharma.com/index.php/site/info/business_international{{/footnote}}
162 162  
163 -One of the most regulated and evolved Pharma markets worldwide, the EU has been a veritable learning ground for Torrent. Proven expertise in product development and a strong regulatory knowledge have helped in developing a highly robust product portfolio comprising of different TAs including CNS, CVS and GI among others. The company's wholly owned subsidiaries in Germany and UK, spearhead Torrent Pharma’s operations in the EU territory. Both the markets have shown impressive growth over the last 5 years.
164 164  
165 -[[https:~~/~~/torrentpharma.com/index.php/site/info/business_international>>url:https://torrentpharma.com/index.php/site/info/business_international]]
167 +**Germany**
166 166  
167 -
168 -Germany
169 -
170 170  Torrent forayed into Germany in 2005 with acquisition of Heumann Pharma Generics, a Pfizer Group Company. Heumann’s broad product portfolio coupled with its low-cost manufacturing facilities provide a good strategic market position to it in one of the biggest pharmaceutical markets in the globe.
171 171  
172 172  
... ... @@ -173,12 +173,12 @@
173 173  Today, Torrent enjoys 4th position in the market and is ranked No. 1 amongst the Indian players in the market.
174 174  
175 175  
176 -UK
175 +**UK**
177 177  
178 178  Torrent Pharma (UK) Ltd is one of the fastest growing generic pharmaceutical companies within the UK; the most mature generics market in Western Europe. Through robust supplies from Torrent Pharmaceuticals and several portfolio acquisition deals, Torrent Pharmaceuticals has built a robust pipeline of products and a current range of over 100 molecules.
179 179  
180 180  
181 -Brazil
180 +**Brazil**
182 182  
183 183  Torrent entered the Brazilian market 16 years ago. Currently, ranked 1st in covered market, it is ranked 15th in prescriptions exhibiting the 5th highest growth in branded products amongst the top 50 Pharmaceuticals companies in the Country. Torrent is also the biggest Indian Company in terms of sales in Brazil contributing to almost 65% of sales by Indian companies in Brazil. The company's strong relationship with Neurologists, Psychiatrists and Cardiologists have helped it accomplish the same.
184 184  
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192 192  Emerging markets is a mix of regulated and semi regulated markets comprising of Russia, CIS, South East Asia, Asia Pacific, Africa, Middle East, Central and Latin America. Torrent Pharma’s products in the Therapeutic areas of Diabetology, Cardiovascular and Central Nervous System are promoted and supported by its sales and support team of over 450 people.
193 193  
194 194  
195 -<img map>
194 +[[image:TORNTPHARM7.png]]
196 196  
197 197  
198 -AFRICAN COUNTRIES
197 +=== African Countries ===
199 199  
200 -Zimbabwe
199 +**Zimbabwe**
201 201  
202 202  Torrent has the distinction of being one of the foremost Indian Company to get its products registered in this market and is also amongst the leading Indian company in the Zimbabwean market. With a rich portfolio of 35 products and a strong pipeline of 10 products under registration, Torrent Pharmaceuticals is well poised to extract the high potential offered by this market.
203 203  
204 204  
205 -Kenya
204 +**Kenya**
206 206  
207 207  Kenya being the gateway to East African Markets is a territory of strategic significance for Torrent. Having started its marketing operations in 1994, the past couple of years have witnessed consolidation of the marketing efforts. With 45-product registered and 12 more in the offing, its focus is on brand building.
208 208  
209 209  
210 -Uganda
209 +**Uganda**
211 211  
212 212  Strategic selection of products encompassing a wide range of therapeutic indications has found profound acceptance by the members of medical fraternity in this country. The aim is to intensify Torrent's focus on Cardio Vascular and CNS products, which has been its forte over the years. Present product portfolio entails an assortment of 33 products with 8 more in pipeline.
213 213  
214 214  
215 -Nigeria
214 +**Nigeria**
216 216  
217 217  Extending its territorial fortification to Western Africa, Torrent made successful forays into Nigeria, which by far is one of the biggest markets in West Africa. Having already secured registrations for a handful of its specialized products, Torrent is all set to explore this attractive market with 30 products in pipeline.
218 218  
219 219  
220 -South Africa
219 +**South Africa**
221 221  
222 222  Having received SA MCC’s approval for the manufacturing facility of Oral Solids and about 15 product registrations, Torrent’s pathway is open to explore Africa’s sizeable and the most regulated market.
223 223  
224 224  
225 -ASIAN COUNTRIES
224 +=== Asian Countries ===
226 226  
227 -Srilanka
226 +**Srilanka**
228 228  
229 229  Torrent's consistent sales growth over the past decade displays the confidence of medical fraternity in its brands. With over 55 products in the market and another 15 in the pipeline, the company remain committed towards providing a wide range of products to the Sri Lankan market. Torrent is well known in the island for its neuro-psychiatry, cardio vascular and gastro intestinal range.
230 230  
231 231  
232 -Vietnam
231 +**Vietnam**
233 233  
234 234  Vietnam is one of the major market in the South East Asian arena for Torrent. Currently, 55 products are registered and 15 are in pipeline. The company started its operations in Vietnam in the year 1996, with representative office in Ho Chi Minh City, the commercial capital of Vietnam.
235 235  
... ... @@ -237,7 +237,7 @@
237 237  Torrent in Vietnam now has a mixed basket of products, with a focus on brand building to ensure long-term business & growth. In continuation of its Indian tradition, Torrent has earned a distinct image for itself in Vietnam in the field of cardiology & neuropsychiatry.
238 238  
239 239  
240 -Myanmar
239 +**Myanmar**
241 241  
242 242  Torrent Pharma initiated the marketing operations in Myanmar in 1995. Torrent Pharmaceuticals has more than 50 products registered in the country with another 20 in the pipeline. Four distributors across the country distribute its registered products.
243 243  
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248 248  The company's focus is on strengthening the product basket, creating brand equity and launching new molecules in the market.
249 249  
250 250  
251 -Philippines
250 +**Philippines**
252 252  
253 253  Torrent’s first subsidiary in Asia has been in Philippines considering the marketing opportunities available in this densely populated island nation. Today, Torrent is amongst the top 20 companies in the country and is the No. 1 branded Generic Company in CNS segment.
254 254  
255 255  
256 -Malaysia
255 +**Malaysia**
257 257  
258 258  Laboratories Torrent (Malaysia) Sdn Bhd , a subsidiary of Torrent Pharma in Malaysia , kicked off its operations in March 2012 to further strengthen presence in the South East Asian Market. The major focus areas are CNS and CV therapies. Today, Torrent is one of the fastest growing companies in the country.
259 259  
260 260  
261 -MENA
260 +**MENA**
262 262  
263 263  The Middle East North Africa operations are spread across affluent markets like Bahrain, UAE and Yemen. Torrent Pharmaceuticals has about 40 registrations in these markets with a strong product portfolio in the pipeline. Torrent Pharma is expanding its operations in the MENA region and Torrent Pharmaceuticals has strategic tie-ups in Jordan, Qatar and Libya as well.
264 264  
265 265  
266 -Australia
265 +**Australia**
267 267  
268 268  Torrent Pharma has created a distinct presence in the Pacific region with its subsidiary - Torrent Australasia Pvt Ltd (TAPL). Torrent Pharmaceuticals has received 5 product approvals in the regulated markets of the region.
269 269  
270 270  
271 -LATIN AMERICA
270 +=== Latin America ===
272 272  
273 -Mexico
272 +**Mexico**
274 274  
275 275  Torrent entered Mexico Market in 2010, primarily with CNS products. Today Torrent Pharmaceuticals is the 6th ranked company in the covered market. Torrent Pharmaceuticals is active amongst highest growing companies in the CNS segment. Torrent Pharmaceuticals has 26 registered products out of which 11 products are being marketed. Torrent Pharmaceuticals has been growing through intensive CRM with the key specialists like Neurologists, Psychiatrists and Geriatricians.
276 276  
... ... @@ -278,12 +278,12 @@
278 278  In addition to continuing the consolidation in the CNS segment; the company aim to strengthen its business by launching new products in other therapeutic areas as well.
279 279  
280 280  
281 -Rest of Latin America & Caribbean markets
280 +**Rest of Latin America & Caribbean markets**
282 282  
283 283  Torrent aims to penetrate the Latin American market with its high quality products and extensive product portfolio. Strong economic performance in this region is expected to fuel its growth in the coming years. In addition, recent regulatory developments will create further market opportunities in these countries, particularly for generic producers in both the private and public sectors. With over 50 registrations in pipeline, Torrent is increasing its foothold in important markets like Venezuela, Colombia, Peru, Chile, Panama, Guatemala, Ecuador, Dominican Republic, Costa Rica, Honduras, Jamaica and Trinidad & Tobago
284 284  
285 285  
286 -Russia & CIS
285 +**Russia & CIS**
287 287  
288 288  Torrent Pharma’s foray into the international markets began with operations in the erstwhile Soviet Union in 1983. In Russian Federation, Torrent has a wholly owned subsidiary and its own warehouse for closer reach to the customers. Torrent, through its own field force of over 65 sales professionals has strong presence across major cities in Russia.
289 289  
... ... @@ -291,14 +291,16 @@
291 291  With product registrations in Russia and CIS , Torrent has sizeable presence in therapeutic areas of Cardio Vascular, Neurology , Psychiatry and Gastroenterology.
292 292  
293 293  
294 -Industry Overview
293 +[[image:TORNTPHARM5.png]]
295 295  
296 -Global Pharma Market
297 297  
298 -Life science companies are facing unprecedented change. Their customers are changing, the nature of their products and sales models are changing, and they face new kinds of competitors. Budgetary pressures are affecting health care systems globally, payers are pushing back aggressively on prices and demanding evidence of value, and digitally empowered and increasingly informed patients are playing a more active role in their treatment. By 2025, many life science companies will have transitioned toward more patientcentric business models, offering products and services designed to improve outcomes and address the specific needs of empowered customers. The market will be characterised by mass customisation, enabled by continuous technological advancements and a host of new health care players.
296 += Industry Overview =
299 299  
300 -[[https:~~/~~/torrentpharma.com/pdf/download/AR-2020-21.pdf>>url:https://torrentpharma.com/pdf/download/AR-2020-21.pdf]]
298 +== Global Pharma Market ==
301 301  
300 +Life science companies are facing unprecedented change. Their customers are changing, the nature of their products and sales models are changing, and they face new kinds of competitors. Budgetary pressures are affecting health care systems globally, payers are pushing back aggressively on prices and demanding evidence of value, and digitally empowered and increasingly informed patients are playing a more active role in their treatment. By 2025, many life science companies will have transitioned toward more patientcentric business models, offering products and services designed to improve outcomes and address the specific needs of empowered customers. The market will be characterised by mass customisation, enabled by continuous technological advancements and a host of new health care players.{{footnote}}https://torrentpharma.com/pdf/download/AR-2020-21.pdf{{/footnote}}
301 +
302 +
302 302  Global medicine spending is expected to grow more slowly, but projected to exceed $1.1 trillion in the next five years
303 303  
304 304  The rise in spending is partly due to increased use, but is also driven by changes in the specialty and innovative product composition of new brands reaching the market. Other factors, such as pricing pressures and brand losses of exclusivity offset rises in spending. With these dynamics, spending growth is projected to slow in the next five years
... ... @@ -309,8 +309,9 @@
309 309  
310 310  Brand LOEs are projected to have a $139 billion negative impact on brand sales from 2020–24, compared to the $107 billion impact seen from 2014–19
311 311  
312 -Future of Generics
313 313  
314 +== Future of Generics ==
315 +
314 314  Generic medicine is designed to be identical as branded drugs, marketed by private companies in dosage form, strength, safety, route of administration, performance characteristics, quality, and intended use. Generic drugs work in the same way as branded drugs in terms of clinical benefits. Generic drugs are manufactured after the expiration of the exclusive rights or patent of the branded drugs.
315 315  
316 316  The global generic pharmaceuticals market is expected to grow from $233.66 billion in 2019-20 to $245.6 billion in 2020-21 at a compound annual growth rate (CAGR) of 5.1%.
... ... @@ -324,7 +324,7 @@
324 324  The market of the generic drugs consists of both Branded Generics and Non Branded Generics. Branded Generic drugs are marketed under another the company’s brand name but they are bioequivalent to their generic counterparts. It is expected that the global Branded Generics market will be led China, India and Asia Pacific (excluding Japan). Drugs for cardiovascular diseases and diabetes, which account for major share of Branded Generics sales in the global market, are projected to remain at the top over the next 10 years.
325 325  
326 326  
327 -Business Overview
329 += Business Overview =
328 328  
329 329  Torrent Pharma is one of the front-runners in the Indian pharmaceuticals industry having presence in domestic as well as International markets. The Company has subsidiaries across the globe as under. The Company also has major commercial presence in other countries mainly covering Southeast Asia, Africa and the Middle East.
330 330  
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