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Eris Lifesciences Ltd.

Eris Lifesciences Limited manufactures, markets, and distributes pharmaceutical products in India. It offers various branded formulations in various therapeutic areas, such as cardiovascular, anti–diabetes, anti-infective, antipyretics, vitamins/nutrients, gastroenterology, acute and chronic respiratory, gynecology, pediatrics, neurology, psychiatry, arthritis, and pain/analgesics, as well as in-vitro fertilization, cancer, multi-therapy, cosmetology, and dermatology. The company has an in-licensing partnership with Microlife to offer a range of medical devices comprising blood pressure monitors, blood glucose monitors, infra-red thermometers, nebulizers, and pregnancy testing kits under the CIRCA brand. Eris Lifesciences Limited was incorporated in 2007 and is based in Ahmedabad, India.
Country/AreaIndia
Company Emailinfo@eris.co.in
IndustryHealth & MedicalLuggage, Bags & CasesManufacturing GeneralManufacturing
Company website
Company phone+91 7930451111
Established2007
Company Revenue$169,521,000
Number of employees1226
SIC Code28283
NAICS Code32325
Main ProductsEris Oaknet Healthcare Pvt LtdShareholder’s InformationPCI OverviewAnti-DiabetesMedical Devices & DiagnosticsEHPL OverviewMumbai officeEris MJ Biopharm Private LimitedIndia Diabetes StudyAnalysts CoverageEris at a GlanceAnnouncements & Notices
https://www.linkedin.com/company/eris-lifescienceshttps://www.facebook.com/erislifesciencesindiahttps://www.youtube.com/channel/uctf6grcwc1lwc0qvxxols0whttps://www.instagram.com/eris_lifesciences

Company News

Individual sells 2 per cent stake in Eris Lifesciences for Rs 188 crore
The shares were sold at an average price of Rs 697 apiece, taking the aggregate transaction size to Rs 188.19 crore.
Eris Lifesciences buys dermatology brands from Dr Reddy's for Rs 275 crore
In January Eris had bought some derma brands from Glenmark Pharma as well
Eris Lifesciences Ltd buys 9 dermatology brands from Dr Reddy's for $33 mn
Eris and Dr. Reddy's did not immediately respond to Reuters' requests seeking the names of the dermatology brands
Eris Lifesciences acquires 100% stake in Oaknet Healthcare for Rs 650 cr - BusinessToday
In a BSE filing on Wednesday, Eris Lifesciences stated that the acquisition will be done for a total consideration of Rs 650 crore.
Eris Lifesciences Q3 PAT up 12% to Rs 90 cr, revenue rises 7%
The company launched four new products in the first nine months of FY22, more on the anvil

Business Info

CINU24232GJ2007PLC049867
Registered StateGujarat
Registrar Of CompaniesRoC-Ahmedabad
CategoryCompany limited by Shares
Sub CategoryNon-govt company
Company ClassPublic
Company StatusActive
Registered Office Address21, NEW YORK TOWER - A, NR. MUKTIDHAM TEMPLE THALTEJ CROSS ROAD, THALTEJ AHMEDABAD Ahmedabad GJ IN 380054
Authorized Cap300000000.00
Paidup Capital137500000.00

Web Summary

Q1: Where is the corporate office of Eris Lifesciences Ltd. located?
A1: The corporate office of Eris Lifesciences Ltd. is located in Mumbai, India, with a GST number of 27AABCE7067M1Z7.

Q2: What is the address of the manufacturing facility at Gujarat?
A2: The address of the manufacturing facility at Gujarat is not explicitly mentioned in the provided text, but it is mentioned that Eris has two WHOGMP approved manufacturing facilities, one in Gujarat and another in Mumbai.

Q3: What is the name of the company's flagship therapy?
A3: Diabetes care (Oral + Insulin) is the company's flagship therapy contributing to 32% of its branded formulations revenue.

Q4: How many emerging therapies does Eris have?
A4: Eris has four emerging therapies Dermatology, Neuropsychiatry, Women’s Health and Nephrology accounting for 29% of its revenue.

Q5: What is the name of the initiative aimed at creating awareness amongst clinicians regarding 24 hours blood pressure measurement?
A5: The initiative is called Ambulatory Blood Pressure Monitoring (ABPM) on Call.

Q6: How many mother brands does Eris have with revenues of Rs. 100+ crore?
A6: Eighteen out of Top25 mother brands are ranked among Top5 in their respective segments, and six mother brands have revenues of Rs. 100+ crore.

Q7: What is the name of the company's acquisition of Biocon's India Branded Formulation business?
A7: The acquired business will add significant momentum to Eris's organically built Insulin franchise with the addition of two Insulin power brands Basalog and Insugen.

Q8: How many employees work in Eris's offices, manufacturing facilities, and on the field across the country?
A8: Over 6,500 employees work in Eris's offices, manufacturing facilities, and on the field across the country.
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