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Morepen Laboratories Ltd. Call Transcript 2021

Jul 26, 2021

59389_rns_2021-07-26_dca31ec7-f858-43f7-8ac4-6f8431c0203a.pdf

Call Transcript

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Date: 26/07/2021

To,

National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Mumbai- 400 001 Symbol: MOREPENLAB Scrip Code: 500288

Subject: Intimation of Post Results (Q1-FY 2021-22) Conference Call

Dear Sir,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended , we would like to inform you that subsequent to the declaration of unaudited standalone and consolidated financial results for the quarter ended 30[th] June, 2021, the Company is organizing an ‘Analyst/ Investor Conference Call’ on Tuesday, 27[th] July, 2021 at 04:00 P.M. (IST) .

The details of the conference call are attached herewith.

This is for your information and records.

Thanking you,

Yours faithfully,

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For Morepen Laboratories Limited (Vipul Kumar Srivastava) Company Secretary

Encl.: As Above

Morepen Laboratories Limited

Corp. Off.: 4[th] Floor, Antriksh Bhawan, 22 K.G. Marg, New Delhi- 110 001, INDIA Tel.: +91-11-23324443, 23712025, E-mail: [email protected], Website: ww.morepen.com CIN NO. L24231 HP1984PLC006028

Plant & Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205 Tel.: +91-1795-266401-03, 244590, Fax: +91-1795-244591, E-mail: [email protected]

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MOREPEN LABORATORIES LTD.

ANALYST / INVESTOR CONFERENCE CALL

Q1 FY 2022 RESULT

Morepen Laboratories Limited , financial result for the quarter ended June is scheduled to be announced on Tuesday, 27th July 2021. A copy of the results will be posted on the company website www.morepen.com .

The company is hosting an Analyst / Investor Conference Call to discuss the financial performance of the company. Details of the conference call are as follows:

Date: Tuesday 27th July 2021 Time: 4:00 PM IST

Time: 4:00 PM IST Time: 4:00 PM IST
India Access Numbers
Local Access / Universal Access
(Available all over India)
+91 22 6280 1102
+91 22 7115 8003
International Access Numbers
USA Toll Free 18667462133
UK Toll Free 08081011573
HK Toll Free 800964448
Singapore Toll Free 8001012045

Join with DiamondPass™ No Wait Time

https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=8707375&linkS ecurityString=1fbbe82acb

The following senior management of the company will participate in the conference:

  • Mr Sushil Suri, Chairman & Managing Director

  • Mr Sanjay Suri, Executive Director and Head of API Business

  • Mr Varun Suri, Head of Dr. Morepen

  • Mr Anubhav Suri, Head of Diagnostics Business

  • Mr Ajay Sharma, Chief Financial Officer

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About Morepen Laboratories Ltd. ( www.morepen.com )

Morepen Laboratories Ltd. is a 36-year-old, around Rs. 1200 Cr. pharmaceutical and healthcare products company. The company went public in the year 1992 and is currently listed at both the Bombay Stock Exchange (BSE) as well as the National Stock Exchange (NSE).

Morepen is a leading manufacturer of high-quality APIs, Home Diagnostics, Formulations and OTC products in north India. All the manufacturing facilities of the company are in the state of Himachal Pradesh and meet the latest international standards. Company’s both API facilities at Masulkhana and Baddi are approved by USFDA and other regulatory bodies of Europe, Asia, and Australia. The company’s state-of-the-art manufacturing facility at Baddi comprises a scientifically integrated complex of 10 plants, each with a specific product profile.

Amongst several APIs manufactured by Morepen, the company is the largest manufacturer of Loratadine and Montelukast (anti-allergy and anti-asthmatic drugs). It also enjoys a significant share for Atorvastatin and Rosuvastatin (Cholesterol reducing drugs) in the international market. Besides, the company has established an extensive footprint for its API products on the strength of quality, documentation and consistency in regulatory compliances, both in the domestic as well as global markets. Morepen has achieved to its credit the enduring confidence of a strong (over 1250) customer base spanning over 80 countries for its leading API products.

In line with its vision of keeping pace with the changing landscape, Morepen continues to invest in its Research and Development (R&D) infrastructure aimed at developing new molecules to deliver the latest drugs at competitive prices in the global markets. The company’s strong dedicated R&D team has successfully developed 30 new products in last three years out which 12 products have already been commercialized. The company has also started supplying these new products to customers with complete documentation like DMF, tech packs and other regulatory compliances.

Morepen’s R&D Centre meets all the global regulatory requirements and was recently approved by Department of Scientific & Industrial Research, Govt of India, New Delhi. Morepen R&D and QA team, known for its impeccable service, has filed 130 Patents, 129 DMFs and 11 IDLs for USA and Europe, Japan, China, Taiwan and Australian markets.

Morepen is also an established name in home diagnostics sector which remained untapped for a long time in India. Dr. Morepen has gained No.1 position in manufacturing and marketing of Blood Glucose Monitors in India, displacing some established multinational players. With a stable base of more than 5 million installations of Blood Glucose Monitors, the company has sold more than 600 million glucometer strips (single tests) till date. Dr. Morepen also has a formidable presence and is the leader in the Blood Pressure Monitors and Nebulizers segments in the domestic market. The company is increasing its supply of Oximeters and Oxygen Concentrators keeping in view the growing pandemic.

Brand Dr. Morepen (www.drmorepen.com), which was launched way back in 2001, has created a niche for itself in over the counter (OTC) and Self-Health segment products as well. Dr. Morepen has reached all over the country with over 100 products including famous brands like ‘Burnol’ and ‘Lemolate’ both online and offline markets. To focus on the new millennials, the company is investing behind personal grooming brand Gubb and also planned launch of a specialty skincare brand Happier.

For Further Details, please contact:

Public Relations Team: Arun Thankappan [email protected] +919930860706

Bhumika Gandhi [email protected] +917208377675

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Investors Relations Team: Ashu Dutt ADG Institutional Investor Relations [email protected] +919619647788 www.morepen.com/investors