Wednesday, 4 November 2020

GLAND PHARMA IPO DETAILS

 *GLAND PHARMA


*Company Profile

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Hyderabad based *Gland Pharma* was formed by PVN Raju in 1978. China's Fosun Pharma acquired 74% stake in Oct,2017.


*Gland Pharma* is the fastest-growing generic injectables -focused companies by revenue in the USA from 2014 to 2019 (Source: IQVIA Report)


The company follows a B2B model to sell its products in more than 60 countries. Revenue Contributions Country-wise is as follows:

67% from USA, 18% from India, 4% from Europe, 2% from Canada and remaining 9% from rest of the world.

Team RYR&Co.

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