Mankind Pharma, founded in 1995 by Ramesh and Rajeev Juneja, is India’s fourth-largest pharmaceutical company by domestic sales, headquartered in Delhi. It focuses on affordable, high-quality generics and consumer healthcare products, generating ₹10,335 crore in revenue in FY24 with a market capitalization of ₹121,193 crore. The company offers a diverse portfolio of over 500 products, including prescription drugs like antibiotics, cardiovascular, and gastrointestinal medicines, and over-the-counter brands such as Manforce, Prega News, and Gas-O-Fast, with the chronic segment contributing 36% of revenue, up from 18% in FY18. Mankind emphasizes accessibility through a strong supply chain and company-owned distribution network targeting rural markets to serve price-sensitive consumers. It operates six R&D centers, pioneering drugs like Dydrogesterone, and runs 25 manufacturing facilities adhering to international quality standards such as USFDA and WHO-GMP. Strategic acquisitions include Bharat Serums and Vaccines in 2024 for ₹13,630 crore to lead in women’s health and fertility, and Panacea Biotec’s formulations in 2022 for ₹1,872 crore. The OTC and consumer business, contributing 7% to revenue, was transferred to subsidiary Mankind Consumer Products to enhance focus, aiming for 15% contribution long-term. While operating in 34 countries, 97% of revenue comes from India, with plans to expand exports. Mankind’s growth strategy focuses on scaling chronic drugs, expanding into urban markets, and leveraging acquisitions, supported by a debt-free balance sheet and robust financials.

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Mankind Pharma appoints Dapinder Singh Narula as new Head of Talent Management, reports People Matters.

Dapinder Singh Narula has been appointed to lead the Talent Management function at Mankind Pharma, a leading Indian pharmaceutical company. In this exclusive interview with People Matters, Narula shared his vision and strategies for talent management in the organization.

With over 15 years of experience in HR, Narula has previously worked with companies like Ranbaxy, Pfizer, and Dr. Reddy’s Laboratories. He has a strong background in talent management, organizational development, and leadership development. At Mankind Pharma, Narula will be responsible for designing and implementing strategies to attract, retain, and develop talent across the organization.

Narula emphasized the importance of talent management in driving business growth and success. He stated that the pharmaceutical industry is highly competitive, and having the right talent is crucial to staying ahead of the curve. He plans to focus on creating a talent pipeline that is aligned with the organization’s business strategy and goals.

To achieve this, Narula will be working on several initiatives, including developing a comprehensive talent management framework, creating a leadership development program, and implementing a performance management system. He will also be focusing on building a strong employer brand to attract top talent to the organization.

Narula also highlighted the importance of digitalization in talent management. He believes that technology can play a key role in enhancing the employee experience, streamlining processes, and providing insights to inform talent decisions. He plans to leverage digital platforms to create a more engaging and personalized experience for employees.

Narula’s appointment is seen as a significant move by Mankind Pharma to prioritize talent management and invest in its people. The company has been growing rapidly, and having the right talent in place will be critical to its continued success. With Narula at the helm of talent management, Mankind Pharma is well-positioned to attract, retain, and develop the talent it needs to drive business growth and stay competitive in the industry.

Overall, Narula’s vision for talent management at Mankind Pharma is focused on creating a strategic approach to talent acquisition, development, and retention. By leveraging technology, building a strong employer brand, and creating a comprehensive talent management framework, Narula aims to drive business success and establish Mankind Pharma as a leader in the pharmaceutical industry.

Delhi High Court allows Mankind Prime Labs to proceed with registering its CROSSRELIEF trademark.

The High Court of Delhi has allowed an appeal by Mankind Prime Labs, directing the Registrar of Trade Marks to process the company’s application for registration of the wordmark “CROSSRELIEF” under Class 5, which pertains to pharmaceutical and medicinal products. The application was initially rejected by the Trade Marks Registry, citing that the mark was similar to earlier marks and likely to cause confusion among the public. However, the Court rejected this rationale, clarifying that the mark “CROSSRELIEF” is a coined term that cannot be dissected or read in parts.

The Court observed that the mark is a composite singular mark that has to be taken as a whole, and it is an arbitrary and fanciful term coined by the appellant. The Court quoted precedent, noting that invented words are entitled to be registered as trademarks, and that a mark cannot be dissected into its individual parts while examining its entitlement to registration. The Court also emphasized that the term “CROSS” is generic in the medical industry and cannot be claimed as a monopoly.

The Court held that the mark “CROSSRELIEF”, when viewed as a whole, is phonetically, visually, and structurally distinct from previously cited marks, and that there is hardly any cause for it to create confusion among the members of the trade or the general public. The Court allowed the appeal and set aside the impugned order, directing the Registrar of Trade Marks to process the application for registration.

However, the Court clarified that the registration of the composite mark “CROSSRELIEF” shall not confer any exclusive right over any individual component or part of the mark, such as “CROSS” or “RELIEF”, upon the appellant. The judgment has been directed to be sent to the Registrar of Trade Marks for compliance. This decision is significant as it highlights the importance of considering a trademark as a whole, rather than dissecting it into its individual parts, and recognizes the generic nature of certain terms in the medical industry.

The Delhi High Court has upheld the KIND brand and quashed the KINDPAN trademark, confirming Mankind’s right to the original.

The Delhi High Court has upheld the KIND brand owned by Mankind Pharma, a leading pharmaceutical company in India, and quashed the opposition to its trademark KINDPAN. This decision has significant implications for the pharmaceutical industry and intellectual property (IP) law in India.

Mankind Pharma had filed for the trademark KINDPAN in 2019, but it was opposed by a rival company, Otsuka Pharmaceutical Company, which claimed that the trademark was similar to its own brand name “Kindly” and could cause confusion among consumers. Otsuka also argued that Mankind Pharma’s application was not in good faith and was an attempt to capitalise on the reputation of Otsuka’s brand.

However, the Delhi High Court has dismissed Otsuka’s opposition and upheld Mankind Pharma’s trademark application. The court observed that the trademarks KINDPAN and Kindly are distinct and the similarity between the two marks is limited only to the prefix “Kind”, which is a common prefix in several trademarks. The court also noted that Mankind Pharma had filed for the trademark KINDPAN in good faith and had not attempted to deceive or mislead consumers.

This judgment is significant for several reasons. Firstly, it establishes that a company can own multiple trademarks with similar prefixes, provided that the marks are distinct and do not cause confusion among consumers. Secondly, it shows that a company’s reputation and goodwill are not transferable to another company, and that each trademark application must be evaluated on its own merit.

The judgment also highlights the importance of clear and precise language in trademark applications. The Delhi High Court emphasized that the similarity between the trademarks KINDPAN and Kindly was limited to the prefix “Kind” and that the marks were not so similar as to cause confusion among consumers.

Overall, this judgment is a positive development for the pharmaceutical industry and IP law in India. It provides a clear framework for trademark applications and oppositions, and helps to ensure that companies can protect their intellectual property rights without undue interference from rival companies.

Delhi High Court Directs Registry to Remove ‘Kindpan’ Trademark Registration.

The Delhi High Court has ruled in favor of Mankind Pharma Limited, ordering the removal of a similar trademark “Kindpan” registered by a proprietorship firm, Sanavita Medicare. Mankind Pharma claimed that it was the owner of the “Kind” and “Mankind” marks, and that the respondent’s registration of the “Kind” mark in class 5 for medicinal and pharmaceutical preparations was an attempt to capitalize on Mankind Pharma’s goodwill and reputation.

The court agreed with Mankind Pharma’s argument, noting that Mankind Pharma was the owner and prior user of the “Kind” and “Mankind” marks, and that the respondent had no plausible reason for adopting the impugned mark. The court observed that the respondent’s application for registration of the impugned mark on a “proposed to be used” basis was suspicious, and that the only reason for doing so was to exploit Mankind Pharma’s established goodwill and built-up reputation.

The court also noted that Mankind Pharma had developed a strong reputation and goodwill in the “Mankind” and “Kind” family of marks, and that the impugned mark was likely to cause confusion among customers. Therefore, the court directed the Trademarks Registry to remove the impugned trademark, citing that it was liable to be taken off due to its similarity to Mankind Pharma’s existing marks.

This decision serves as a reminder of the importance of trademark protection and the need for businesses to vigilantly monitor and protect their intellectual property rights. It also highlights the court’s willingness to take action against trademark infringement and to protect the interests of established businesses.

Launchpad for Wellness: HealthOK Unveils Innovative 100% Vegetarian Multivitamin Range, Backed by Archana Puran Singh

Mankind Pharma, India’s fourth-largest pharmaceutical company, has launched a new campaign for its HealthOK 100% vegetarian multivitamin tablets, featuring actress Archana Puran Singh. The campaign is aimed at raising awareness about the brand’s 100% vegetarian multivitamin tablets, which provide complete nutritional support while aligning with Indian vegetarian’s dietary practices. The campaign humorously depicts Archana’s quest to find a non-vegetarian multivitamin in an Indian vegetarian family function, highlighting the gap between the need for multivitamins and the lack of vegetarian options.

India has a significant vegetarian population, particularly in states like Rajasthan, Uttar Pradesh, Maharashtra, Gujarat, and Delhi NCR, where many follow a strict vegetarian diet. However, many vegetarians unknowingly consume non-vegetarian multivitamin supplements, which conflicts with their lifestyle. HealthOK tablets address this concern by offering 100% vegetarian multivitamin tablets, enriched with Taurine and Ginseng, providing essential nutrients without compromising on dietary preferences.

The campaign, which will be launched across various platforms, coincides with the Navratri festivities, a time when many Indians embrace vegetarianism as part of their religious observance. Archana Puran Singh, who is a strict vegetarian herself, has expressed her enthusiasm about the campaign, stating that it is crucial for vegetarians to be aware of the HealthOK vegetarian nutritional supplement being available, which they can consume. The campaign aims to create strong awareness about HealthOK as the preferred choice for vegetarians seeking a high-quality multivitamin solution.

Stock Market Updates for Mankind Pharma

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Mankind Pharma’s debt instruments lose credit rating CARE

Mankind Pharma is an Indian pharmaceutical company that develops, manufactures, and markets a diverse range of pharmaceutical formulations and consumer healthcare products. The company’s portfolio includes a broad spectrum of treatments for various therapeutic areas, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neurology, vitamins, minerals, and respiratory health.

The company’s product range is vast, with over 200 products, including prescription and over-the-counter (OTC) branded products. Its portfolio of brands covers women’s health, fertility, and critical care, with multiple brands present in each therapy area. Some of its notable brands include Nurokind, Telmikind, Manforce (Rx), Gudcef, Moxikind, Amlokind, Glimestar, Asthakind, Codistar, Candiforce, Mahacef, Dydroboon, Cefakind, Zenflox, Monticope, and Dynaglipt, among others.

Mankind Pharma has a strong presence in the Indian market, with several subsidiaries, including Lifestar Pharma Private Limited, Magnet Labs Private Limited, and Jaspack Industries Private Limited, to name a few. The company’s portfolio is constantly evolving, with a focus on innovation, quality, and reliability, to provide effective and affordable healthcare solutions to its customers. With a wide range of products and a strong distribution network, Mankind Pharma is a significant player in the Indian pharmaceutical industry.

Mankind Pharma clears hurdle as CDSCO panel approves bioequivalence study for Resmetirom Tablets.

Mankind Pharma, a leading pharmaceutical company in India, has reportedly received approval from the Central Drugs Standard Control Organization (CDSCO) panel for conducting a bioequivalence study of its Resmetirom Tablets. This development is significant for the company as it paves the way for the launch of a generic version of the branded drug in the Indian market.

The bioequivalence study is a critical step in the approval process for generic drugs, which involves comparing the pharmacokinetic and pharmacodynamic properties of the generic product with those of the branded product. The CDSCO panel’s approval indicates that Mankind Pharma’s Resmetirom Tablets have demonstrated comparable bioavailability, pharmacokinetics, and efficacy to the branded drug.

Resmetirom is a marketed branded product for the treatment of certain types of anemia, and its generic version is expected to provide an affordable alternative to patients. The Indian pharmaceutical market, one of the largest in the world, is often referred to as the “pharmacy of the world” due to its large population and significant demand for medicines.

The approval of the bioequivalence study is a testament to Mankind Pharma’s commitment to quality and research, as well as its ability to develop high-quality generic drugs that meet international standards. With this approval, the company can now proceed with the launch of its generic Resmetirom Tablets, which is expected to benefit patients who require this treatment.

The approval also demonstrates the CDSCO’s commitment to fostering a competitive and innovative pharmaceutical industry in India. The organization’s efforts to streamline the approval process and facilitate the development of generic drugs are expected to lead to increased access to affordable medicines for patients in India and other countries.

Overall, the approval of the bioequivalence study for Mankind Pharma’s Resmetirom Tablets is a significant development in the Indian pharmaceutical industry, marking a step towards making high-quality generic drugs more accessible to patients. With its commitment to research and development, Mankind Pharma is well-positioned to continue making a positive impact on the healthcare landscape in India and beyond.

Eli Lilly expands its global footprint by introducing Mounjaro, a groundbreaking weight management medication, to the Indian market.

Eli Lilly & Co. has launched its anti-obesity drug Mounjaro in India, making it the country’s first treatment of its kind. The drug, which is used to treat obesity and type-2 diabetes, works by activating hormones that help reduce the amount of sugar in the blood and slow digestion. Mounjaro is priced at ₹3,500 to ₹4,375 per month, depending on the dosage.

The company has faced competition from other foreign pharma companies, with plans to introduce similar products in the growing market. However, Mounjaro’s unique pricing strategy, which is expected to be around 14,000-17,500 per month, makes it an attractive option for Indian patients.

The demand for GLP-1 drugs, which help reduce weight, has boomed, with the market expected to reach $100 billion by 2030. However, rival semaglutide (Ozempic) goes off-patent in 2026, and generics makers like Cipla, Dr Reddy’s, Lupin, Natco Pharma, Mankind Pharma, and Biocon are gearing up to launch cheaper generic copies.

Despite this, experts expect Mounjaro to be a hit in India, given the high demand for weight loss drugs. According to a senior diabetologist, a significant percentage of his patients are overweight, and the use of Mounjaro could lead to a 15-20% pickup in patients with type-2 diabetes.

In addition, the growing number of people with obesity in India, from 180 million in 2021 to 450 million by 2050, could lead to increased demand for weight loss drugs like Mounjaro. The market for GLP-1 drugs for patients with diabetes in India has already doubled to $3.6 billion in 2024, driven by unauthorized use of drugs like Ozempic and Mounjaro through the grey market.

India sees a significant decrease in the price of a commonly used diabetes medication following the introduction of generic alternatives.

The price of the diabetes drug empagliflozin, also known as Jardiance, has been significantly reduced by almost one-tenth in India. The drug, developed by German pharma giant Boehringer Ingelheim, is used to control blood sugar levels in patients with type 2 diabetes. The original price of the drug was around Rs 60 per tablet, but with the entry of its generic versions in the market, it is now available for as low as Rs 5.5 per tablet.

Mankind, Alkem, and Glenmark Pharmaceuticals have launched generic versions of empagliflozin, with prices starting from Rs 5.49 per tablet for the 10 mg variant. These prices are nearly 80% lower than the original price of the innovator product. The generic versions of the drug come with additional features, such as anti-counterfeit security bands, patient education information, and QR codes that provide prescribing information and additional patient education.

The launch of these generic versions of empagliflozin is a significant step in making the drug more affordable for millions of Indians who are suffering from type 2 diabetes. India is known as the diabetes capital of the world, with over 10 crore people diagnosed with the disease, according to the Indian Council of Medical Research–India Diabetes (ICMR INDIAB) study in 2023. Reducing the cost of anti-diabetes medicines like empagliflozin is a crucial step in tackling the disease burden in the country.

This popular diabetes medication is set to get a significant price cut, dropping from Rs 60 to just Rs 9 per unit.

The cost of Empagliflozin, a crucial drug for managing diabetes and its associated conditions, is set to drop significantly in India. The price of the medicine, which was previously around Rs 60 per tablet, will be reduced to just Rs 9 per tablet, making it more accessible to millions of diabetes patients in the country. This development comes after the patent for the drug, which was previously held by German pharmaceutical company Boehringer Ingelheim, expired on March 11.

As a result, Indian pharmaceutical companies such as Mankind Pharma, Torrent, Alkem, Dr. Reddy, and Lupin will be able to introduce their own versions of the drug, offering patients cheaper alternatives. Mankind Pharma, for example, plans to offer the drug at a price 90% lower than the innovator company, making it more affordable for patients.

Empagliflozin plays a crucial role in preventing heart failure and delaying kidney failure, making it a vital medication for those with diabetes. However, its high cost has previously made it difficult for many to access. The introduction of more affordable options from Indian companies is expected to bring significant benefits to millions of patients.

The reduced price of Empagliflozin is poised to provide much-needed financial relief to diabetes patients, who often face the burden of out-of-pocket medication expenses. In India, over 10.1 crore people are living with diabetes, and limited insurance coverage often leaves patients to shoulder medication costs independently. The availability of more affordable options is expected to make a significant difference in the lives of these patients.

The economic burden of diabetes in India is substantial, and the reduced price of Empagliflozin is a welcome development for diabetic patients across the country. With the introduction of more affordable alternatives, millions of patients will have access to a vital medication, allowing them to better manage their condition and improve their overall health.