ZIM Lab registering consistent growth

Source: The Hitavada      Date: 31 Oct 2018 11:12:33


Business Bureau,

While many city-based public limited companies are struggling to stand up to the expectations of investors, scrip of a drug solution provider company located at Kalmeshwar is flying high on the bourses.


At Bombay Stock Exchange (BSE), the stock price of the company that was at a level of Rs 104.73 on June 11, 2018 has touched Rs 188 mark on Tuesday (October 30, 2018). ZIM Laboratories Limited, a pharmaceutical company led by Chairman and Managing Director - Dr Anwar S Daud, is not only registering consistent growth in the stock markets but also succeeding in carving a niche for itself especially in the overseas markets.


And thus the company has recently won the prestigious ‘VIA-Solar Vidarbha Udyog Gaurav Awards 2018’ in ‘Best Exporter of the Region’ category. As of now, the company is exporting more than 85 per cent of its products.
Expressing his views, Daud said that the company offers a range of drug delivery solutions and non-infringing proprietary manufacturing processes for production and supply of innovative and differentiated generic pharmaceutical products to customers spread all over the world.


“Every passing day, the export market for conventional drugs is becoming obsolete and thus we chose the path of an innovative drug delivery solution provider focusing on improving patient convenience and adherence to drug intake. It has opened up new avenues for the company,” said Daud while interacting with The Hitavada.


Revealing the secret behind the success of the company, Daud said that company’s vision is ‘Making quality healthcare affordable through drug delivery solutions focusing on patient convenience and adherence’.


“A team of more than 120 scientists are engaged in research and development that gives us an edge over others. Besides, we also adhere to stringent moral and ethical code of the company to keep motivational level of our staff members high,” he said further adding transparency, open communication channels and impartiality to make every member feel valued are other parameters contributing in the company’s success.


Among a wide range of finished and semi-finished products of the company, ZIM Laboratories’ latest innovation - the mouth freshener in the form of first-of-its-kind ‘oral thin films’ is now available in the market. The company is very optimistic about the innovative product and believes that the formulation would create a new path for administering dosages to critical patients, old age persons and infants.
‘Oral thin films’ get dissolved in mouth within seconds and thus is a very effective channel for administering medicines. The conventional methods are not so feasible in many cases,” he added.