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Company Watch
Ajanta Pharma enters ENT and Pediatrics
Our News Bureau - Mumbai
Ajanta Pharma, a specialty focused company, has entered the niche segment of
ENT and paediatrics through a new dedicated division named Aureus, meaning 'gold'
in Greek. This division is aimed at fulfilling the unmet demands of the patients
in these segments and all products have been developed in the R&D facility
of the company. Initially, the division will launch six products addressing
allergies, rashes and ototoxicity in the ear, nose and throat.
Yogesh Agrawal, Executive Director, Ajanta says, "ENT and paediatrics markets
are just evolving as a separate category. The existing companies having these
products were keeping it as a part of the total pharma portfolio without specific
focus on this segment. Till now a patient had to visit a normal GP or MD for
ENT or paediatric problem. Hence, the market size of this category is still
not defined, but as per our estimates, the size is about Rs 250 crore and is
growing consistently at a phenomenal rate. With special focus from companies
like ours, the market is going to expand much more." The Aureus division
has a dedicated field force and currently there are 111 team members, including
managers. All the products have already been launched in the market in September.
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