SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Venus Remedies gets marketing authorization for Meropenem in Switzerland

11 Nov 2014 Evaluate

Venus Remedies has received marketing authorization in Switzerland through its German subsidiary Venus Pharma GmbH from Swiss drug authority (SWISMEDIC) for its generic product Meropenem 500mg & 1g injection. Meropenen is a carbapenem drug of last resort being used in ICU. This market approval of critically important antibiotic drug will help Venus to strengthen its portfolio in Swiss market. The company is planning to launch this product early next year through its partner Swiss Pharma GmbH Zurich to expand its presence in the division.

Meropenem, the global annual sale of which stood at $1,879 million in 2012, is estimated to grow at a compounded annual growth rate (CAGR) of 7.5% to reach around $2100 million in 2014-15.

Venus Remedies is a pharmaceutical manufacturing company. The company provides formulations in area of antibiotics and oncological therapeutics. The company has two manufacturing facilities located in India and Germany. It manufactures Oncological and Cefelosporine Injectable products.

Venus Remedies Share Price

1042.35 3.25 (0.31%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×