13-02-2013, 12:41 PM
Himalaya Drug Company
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Company statistics
The herbal pharmaceutical company, Himalaya Drug Company, is hopeful of registering a 20 per cent compound annual growth rate (CAGR) for the next three to five years on the back of sound demand for its pharmaceutical drugs.
“Presently, our turnover stands around Rs 1,000 crore per annum, 60 per cent of which comes from pharmaceutical verticals as of now. We are hopeful of registering a 20 per cent CAGR in the next three to five years,” Philipe Haydon, president and chief executive officer of pharmaceuticals, Himalaya Drug Company said here on the sidelines of launching a range of oral care products.
Present state of affairs (current affairs)
The CEO said the company is betting on rural initiative to drive its next phase of growth.
Its 100-member team of medical representatives covers about 4,500 villages currently and the team will be expanded to about 500 in a phased manner.
Currently, about one-fifth of its total sales come out of rural initiative. The company has also invested in a hospital division which carries out projects to make medical doctors aware of its various initiatives and brands.
Himalaya is also working on drugs for women's health, GI, derma as well as oncology, Mr Haydon said.
He said Liv 52 HB, its latest drug for treating hepatitis infection, took nearly 15 years to develop and now is one of its fastest growing products in its portfolio.
The Rs 1,200-crore Himalaya Drug Company has 66 brands and 91 SKUs as part of its portfolio. Its blockbuster drug, Liv 52 launched 57 years ago is growing at an average of 27 per cent every year.
Mr Haydon, who began his career with the company as a medical representative, said Himalaya's Pharma Division has about one per cent share in the Rs 52,000-crore market while the top pharma company in the pecking order has a six per cent share.
According to the ORG figures, Himalaya's pharma division has a turnover of about Rs 400 crore.
Mr Haydon said the company has been increasing its R & D budget over the years in spite of recession in the industry.
“We spend a substantial amount of money on R & D and there has been no cutbacks so far,” he said.
Our mission
Establish Himalaya as a science-based, problem-solving, head-to-heel brand, harnessed from nature's wealth and characterized by trust and healthy lives.
Develop markets worldwide with an in-depth and long-term approach, maintaining at each step the highest ethical standards.
Respect, collaborate with and utilize the talents of each member of the Himalaya family and the local communities where Himalaya products are developed and/or consumed, to drive our seed-to-shelf policy and to rigorously adopt eco-friendly practices to support the environment we inhabit.
Ensure that each Himalaya employee strongly backs the Himalaya promise to exceed the expectations of the consumer, each time and every time. Nothing less is acceptable.
Our vision
Motivating youth to action on environmental issues.
Providing informed basis for their proactive product.
Helping students communicat