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Home > Media Rooms > Media Releases 2007
Releases

Media Releases - 2007

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Orchid receives US FDA approval for Cefpodoxime Proxetil ANDA
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Orchid’s Q2 FY08 revenue higher by 20% at Rs 295 crore
Net profit jumps 115% to Rs 63 crore
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Orchid’s Managing Director honoured with Doctorate by leading university
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Orchid receives US FDA approval for its Cefdinir ANDAs
Receives approval in about 12-months from filing
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Orchid’s Q1 FY 2007-08 net profit surges by 252% to Rs 51 crore
Key product launches in the US market and foreign exchange gains drive strong profits
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Orchid receives US FDA approval for its Cefepime ANDA
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Orchid forays into the non-antibiotic generic formulations segment
Receives tentative approval from US FDA for Terbinafine HCL Tablets ANDA
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Orchid’s turnover rises to Rs 934 crore during FY 2006-07
Net profit increases to Rs 97 crore
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Orchid’s drug discovery subsidiary (Orchid Research Labs) awarded
Partner of Choice award by Frost & Sullivan
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Orchid to foray into the Canadian generic formulations market
Receives Canadian TPD approval for two generic formulations
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Orchid raises USD 200 million by way of zero coupon FCCBs
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Orchid in a new licensing and distribution alliance with Actavis to market
cephalosporin formulations in Europe
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Orchid’s Betalactam API facility at Aurangabad approved by the UK MHRA
Will support European generic foray
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Orchid registers turnover of Rs 239 crore during Q3 FY 2006-07
Net profit stands at Rs 28 crore
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