Morepen Laboratories Ltd. — Call Transcript 2021

Feb 12, 2021

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Date: 12/02/2021

To,

National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 Symbol: MOREPENLAB

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 500288

Subject: Intimation of Post Results (Q3 - FY 2020-2021) 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 and nine months ended 31[51 ] December, 2020, the Company is organizing an 'Investors and Analyst Conference Call' on Thursday, 18[th ] February, 2021 at 1.00 P.M. (1ST).

The details of the conference call are attached herewith.

This is for your information and records.

Thanking you.

Yours faithfully,

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Encl.: As Above

Morepen Laboratories Limited

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

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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: planls@morepen.com

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Morepen Laboratories Limited is one of India’s leading API & Health Care diagnostics manufacturer. The company will be hosting a conference call for investors and analyst community on Thursday, February 18, 2021 at 1.00 P.M. (IST) for Q3 FY21 results .

The call will be initiated with a brief management discussion on the company, business segments and earnings performance followed by an interactive question and answer session.

On behalf of the company the call will be addressed by :

• Mr. Sushil Suri: Chairman and Managing Director

• Mr. Ajay Sharma: Chief Financial Officer

• Mr. Vipul Kumar Srivastava: Company Secretary

• Mr. Ashu Dutt: Advisor

Details of the conference call are as follows:

– Thursday, 18[th] February 2021 1.00 P.M. (IST)

Conference Dial-in numbers	Conference Dial-in numbers
Mumbai (Primary no.)	022-6280 1239 & 022- 71158140
Universal access	+91 70456 71221
USA	18667462133
UK	08081011573
Singapore	8001012045
Hong Kong	800964448

Express Join with Diamond Pass No Wait Time:

Click here for Diamond Pass Registration

Note: When using dial-in numbers mentioned above please do so 10 minutes prior to the conference scheduled to ensure that you are connected to your call in time.

The call will be hosted between 1.00 PM – 2.00 PM only, If any questions remains they can mail the same to undersigned & investors@morepen.com

About Morepen Laboratories Limited:

Morepen Laboratories Ltd. is a 36-year old, around Rs. 1,200 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 22 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 125Patents, 60 DMFs and 8 CEPs 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 four million installations of Blood Glucose Monitors, the company has sold more than500 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.

Brand Dr. Morepen, 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 50 products including famous brands like ‘Burnol’ and ‘Lemolate’.

For any further information please contact:

Mr. Sunil Mudgal Kirin Advisors Ph -9820975849 Email: sunil@kirinadvisors.com

DISCLAIMER:

Certain statements that may be made or discussed at the conference call may be forward-looking statements. Such forwardlooking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and abroad. Actual results might differ substantially from those expressed or implied. Morepen Laboratories Limited and its Management will not be in any way responsible for any action taken based on such statements and discussions. Morepen also undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.