SUSTAINABILITY REPORT 2013-15 
   
 
 
People
Safety
Quality
Availability
Environment
Community
Productivity
Engineering
Excellence
Continuous
Improvement
Annexures
 
Summary Report
 
 
ECONOMIC PERFORMANCE
AFFORDABLE & INNOVATIVE MEDICINE
Overview    |    AIM Timelines    |    Global Generics    |    PSAI    |    Proprietary Products
Overview
Accelerating Access
In his 2001 address to the World Health Assembly, UN Secretary General Kofi Annan said, “The biggest enemy of health in the developing world is poverty.” It is rather unfortunate that those who are more prone to fall ill, are the same ones who can ill afford the medicines. With increasing average life span and decreasing government support, even the well-off are feeling the heat, when unwell.
The three basic tenets that help operationalise our vision are:
Affordability
   
Accessibility
   
Availability
 
These are actualised by our three core businesses:
Global Generics
To enable people to lead healthier lives by making medicines affordable, our Global Generics segment which includes branded and unbranded prescriptions as well as over-the-counter (OTC) drugs, offers lower cost alternatives to highly priced innovator brands, either directly or through collaborations.
   
PSAI
To enable people to lead healthier lives by making medicines accessible, our PSAI segment leverages our strengths to offer technology-advantaged products, niche product service capabilities, technology platforms and competitive cost structures to in-house manufacturing divisions, as well as other pharma companies, to enable faster launches of affordable and innovative products.
   
Proprietary Products
To enable people to lead healthier lives by making innovative medicines available, our Proprietary Products segment works on three different models.
New Chemical Entities (NCEs): The discovery and development of new small molecule agents in various therapeutic areas.
Specialty Business: In-licensed patented dermatology products and off-patent cardiovascular products.
Differentiated Formulations: New, synergistic combinations and technologies that improve safety and/or efficacy by modifying the pharmacokinetics of existing medicines.