- Business
- Gland Pharma Limited manufactures and markets complex generic injectable pharmaceuticals. The company produces sterile injectables including oncology and ophthalmics; complex injectables such as NCE-1s, First-to-File products and 505(b)(2) filings; formulations delivered via liquid vials, lyophilized vials, pre-filled syringes, ampoules, bags and drops; and specialized products like peptides, long-acting injectables, suspensions and hormonal therapies, with new delivery systems including pens and cartridges in development. It supplies products across therapeutic categories encompassing anti-infectives, anti-neoplastics, blood-related therapies, cardiac, gastrointestinal, hormones, neuro/CNS, pain and analgesics, respiratory, and vitamins, minerals and nutrients; and provides contract development and manufacturing organization (CDMO) services. Gland Pharma operates in over 60 countries including the United States, Europe, Canada, Australia, New Zealand, India and other markets. Founded in 1978 and headquartered in Hyderabad, India, the company functions as a subsidiary of Fosun Pharma Industrial Pte. Ltd. Recent developments include a 250% expansion of GLP-1/cartridge production capacity from 40 million to 140 million units to address demand for diabetes and obesity treatments; launch of its first partnered GLP-1 product, Liraglutide; new product launches comprising four molecules in Q4 FY25; leadership changes with Srinivas Sadu appointed Executive Chairman and Shyamakant Giri as Chief Executive Officer in January 2025, alongside Satnam Singh Loomba joining as Chief Operating Officer in May 2024; and targeted annual revenue growth of 14-15% supported by expansions and a strengthened complex injectables pipeline.