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Aurobindo Pharma aims to achieve $3 billion in revenues in next two years: Report

14 Jun 2016 Evaluate

Aurobindo Pharma is reportedly aiming to achieve $3 billion in revenues in next two years. In this regard, the company will increase number of launches in the US market. Even though Aurobindo had launched as many as 28 products in the US market in the previous year, it has carried forward 7 ANDA final approvals received during the year for the launch in the current year.

The company as on March, 2016 has filed 398 ANDAs on a cumulative basis, out of which 251 ANDAs were approved including 36 tentative approvals and balance 147 ANDAs are under review by the USFDA.

Peers
Company Name CMP
Sun Pharma. Inds. 1752.50
Dr. Reddys Labs. 1180.00
Cipla 1305.00
Lupin 1942.00
Zydus Lifesciences 1115.20
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