The Silicon Review - Best Business Review Magazine Super 30 Companies of the Year 2019 | Page 33

• • segment (15% in labs and 10% in radiology) The primary care industry is currently valued at $ 13 bn. The share of organized sector is practically negligible in this case 100% FDI is allowed under the automatic route for greenfield projects. For investments in brownfield projects, up to 100% FDI is permitted under the government route In light of the foregoing, we present Alniche Life Sciences Pvt Ltd – a specialty healthcare firm. Alniche serves patients and the medical fraternity by offering specialized, high-quality, effective and affordable drugs and wellness products from all around the world. A strong portfolio with products licensed from global partners fulfils the unmet needs of patients in the areas of nephrology, critical care, gastroenterology, dermatology, and advanced wound care. The firm was incorporated in 2007 and is headquartered in New Delhi, India. Alniche’s efforts have been recognised and received following awards • Business man of the year – by Business Sphere • Healthcare Elite – by Business APAC • Fastest growing brands & leadership – by Asia one “ Girish Arora, Alniche Life Sciences Pvt. Ltd Founder/Managing Director, spoke exclusively to The Silicon Review. Below is an excerpt. What makes Alniche stand out from the competition? Being very strong in niche therapies, Alniche has a focus on Nephrology, Critical care, Gastroenterology, Skinceuticals and Advanced wound care products. It is dedicated to making available innovative pharmaceutical products in the Indian market and support medical fraternity in making patients’ lives healthier. The firm is ready to mark its existence in the complementary market of medical devices and consumables in the selected therapy areas that align well with their pharma range and one such initiative of the firm is an entry in the advanced wound care segment. Alniche provides specialized, high quality, effective, and affordable medicine and wellness products. Alniche continuously looks for opportunities to partner with global pharma companies and promotes deep engagement with medical experts. Strategic focus and a differentiated approach empower the company to strengthen new speciality divisions by addressing the therapy gaps. In-licensing of novel products in future growth areas is a critical piece of the overall strategy of the company. The consolidation of strategic focus with a differentiated approach empowers the firm to follow the new speciality divisions where therapy gaps are significant. There are various factors focused by the firm regarding in-licencing addressing future growth areas, acquiring an existing base to build upon including technology, manufacturing, marketing, etc. Cost and time advantages are also considered along with enhanced expertise and global accessibility. Alniche has partnered with global pharma organizations to bring novel global brands in India from various organizations including J.W. Life Sciences (Korea), Adhezion Biomedical Inc. (USA), FzioMed (USA), Advancis Medical (UK), PT Dermozone Pratama (Indonesia), Biovite (Australia), and Mastix (USA). In addition, the firm is also collaborating with various global companies that focus on therapy differentiation and ground-breaking product concepts. Recently, Alniche has formed an R&D alliance with Delhi Pharmaceutical Sciences & Research University (DPSRU) – India’s first Pharmacy University. This affiliation of industry and academia promises to augment further development of We travelled from a sales-and-marketing structure to a business unit one to ensure more accountability, manage evolving business needs, and use the equity of organization for reaching out to a different set of prescribers.” AUGUST 2019 33