Chandigarh, December 13: Venus Remedies Limited, a leading manufacturer of fixed-dosage injectables, has achieved a significant milestone with the recent marketing authorization for enoxaparin in Azerbaijan. This anticoagulant is essential in treating conditions such as deep vein thrombosis, acute coronary syndrome, heart attacks, and pulmonary embolism. The company’s move into Azerbaijan’s thriving pharmaceutical market sets the stage for expanding into West Asia and neighboring East European countries.
Azerbaijan’s pharmaceutical landscape is a key focus for Venus Remedies since India holds a 4-5% share in total imports. In the global enoxaparin market valued at $3 billion, Indian exports contribute approximately Rs 500 crore. With an annual production capacity exceeding five million units of enoxaparin from its advanced robotic line, Venus Remedies stands among the foremost Indian exporters of this vital drug.
Enoxaparin is classified as a low molecular weight heparin and plays an instrumental role in preventing blood clot enlargement, facilitating natural clot breakdown, and averting the formation of new blood clots.
Saransh Chaudhary, CEO of Venus Medicine Research Centre expresses pride in the successful marketing authorization and emphasizes that their product is bioequivalent to the innovator compound. This achievement highlights the company’s dedication to expanding global access to essential medications for managing various medical conditions related to blood clotting.
Aditi K. Chaudhary President of International Business at Venus Remedies outlines the company’s commitment to addressing critical medical needs globally. As India’s sixth-largest exporter of enoxaparin, Venus Remedies already serves patients in various countries including Venezuela Oman Spain Tanzania Yemen Uganda and the Philippines.
With over a dozen marketing authorizations for enoxaparin worldwide,Venus Remedies solidifies its position as a key player in advancing healthcare solutions with a global impact. Stay tuned for more updates on our journey towards enhancing global health and well-being. 🌍💊 #VenusRemedies #HealthcareInnovation #GlobalHealth”.