Dolat Capital: Gland Pharma IPO - B2B Play On Injectables
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Dolat Capital Report
Established in 1978 in Hyderabad as a liquid parenteral company, Gland pharma covers the entire value chain of injectables such as own and contractual development, dossier preparation and filing, tech transfer and manufacturing across a range of delivery systems.
The company has presence in sterile injectables, oncology and ophthalmic, and focus on complex injectables, NCE-1s, first to-file products.
The company’s primary business to business model covers IP-led, technology transfer and contract manufacturing models, complemented by a business to consumer model in its home market of India leveraging its brand strength and sales network ably supported by regulatory capabilities.
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