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Morepen Laboratories Ltd Pharmaceuticals
₹ 59.69 -0.43 (-0.72%)
  • NSE
  • BSE

Overview

  • BSE Code 500288
  • NSE Symbol MOREPENLAB
  • ISIN Demat INE083A01026
  • Book Value (₹) 21.56
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 3,428.55
  • P/E (TTM) 33.82
  • EPS (TTM) 1.85
  • Div Yield (%) 0.32

Performance

Today’s Low 59.20
Today’s High 60.55

59.69
52W Low 42.00
52W High 100.90

59.69
Open 60.50
Prev. Close 60.12
Volume 32,53,075.00

Corporate Actions

Morepen Laboratories Limited - Updates
Apr 28, 2025

Morepen Laboratories Limited has informed the Exchange regarding 'Formation of a Wholly Owned Subsidiary in Dubai, United Arab Emirates'.

Morepen Laboratories Limited - Incorporation-XBRL
Apr 28, 2025

MOREPEN LABORATORIES LIMITED has informed the Exchange regarding Incorporation

Morepen Laboratories Limited - Change in Management
Apr 28, 2025

Morepen Laboratories Limited has informed the Exchange about Change in designation - Senior Management Personnel of the Company

Morepen Laboratories Limited - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Apr 28, 2025

MOREPEN LABORATORIES LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

About Morepen Laboratories Ltd

Morepen Laboratories Limited is an India-based pharmaceutical company. Its products include Loratadine, Montelukast Sodium, Atorvastatin Calcium and Sultamicillin. The company markets formulation products in various therapeutic categories, such as antibiotics, gastrointestinal, respiratory, analgesic, antiallergic and neuropsychiatry with brands, such as Saltum, Saltumax, Cefpopen, Cefpen-S, Dom-DT, Acifix, Rabipen- DSR and Montelast. It has new products added to the therapeutic categories, including Kilbac, Ducal D, Aclomore and Montelast-L.

The company has three state-of-the-art manufacturing plants in the northern state of Himachal Pradesh (HP) in India. The main plant at Parwanoo is inspected and approved by United States Food and Drug Administration (USFDA) for production of Loratadine, which is the best selling anti-allergy drug globally. The company has successfully engineered a hi-tech Pharma complex at Morepen Village, Baddi (HP) on 60 acres of land that has various multipurpose pharma facilities for API & finished dosages and a Research Centre.

The company was created and deployed in the year 1984. The company has filed 14 patents including 6 international PCT applications. The company has filed an international patent on a new amorphous form of the cholesterol-reducing drug Lipitor (Atorvastatin) that is the largest selling drug in the world. During the year 1991-1992, the company created and deployed the new facilities for bulk manufacture of Cephalexin, 7 ADCA and CIMC Chloride at its existing location. During the year 1992-1993, the company started implementing its expansion plans for manufacture Cephalexin, 7ADCA, CIMC Chloride, Research and Development Block and Formulation unit. The company introduced two latest molecules, Ketrolac Tromethamine and Omeprazole. Also, the company also formally introduced Loratadine and Cisapride.

During the year 1993-1994, the company increased the installed capacity of Bulk Drugs from 162 MT to 245 MT. The company started the commercial production of Ketorolac Tromethamine, which is a potent analgesic. During the year 1994-1995, the company increased the installed capacity of Drugs & Drug Intermediates from 305 MT to 469 MT.

During the year 1995-1996, the company successfully formally introduced high value and high technology products namely, Cisapride & Loratadine. Also, the company formally introduced herbal product namely Paclitaxel, an anti cancer drug. During the year 1996-1997, the company commissioned its own formulation unit, which gave a competitive edge to the company in terms of quality and cost efficiency.

During the year 2000-2001, the company increased the installed capacity of Drugs & Drug Intermediates from 916 MT to 1170 MT. The company signed a joint venture with DiaMed AG of Switzerland, a proven international leader in blood group serology diagnostic products. Also, the company successfully engineered and formally introduced wide range of contemporary, lifestyle oriented FMHG (Fast Moving Health Goods) Self Medication products.

During the year 2001-2002, the company increased the installed capacity of Drugs & Drug Intermediates from 1170 MT to 1251 MT. Also, the company further increased installed capacity of Tablets / Capsules from 25080 Nos to 35000 Nos. During the year 2004-2005, the company successfully engineered the new polymorphic from V1 and field patent in 33 countries and in the same year, the company started finalizing marketing partner for filing ANDA's for the molecule.

During the year 2005-2006, the company made 52 DMF filing across ten European countries for six products. Also, the company broadened its making available by introduced new product like Ducal, Rythmix, Montelast, Alcoflam, Levopen, Moezole, and Cefpen-S.

During the year 2006-2007, the company improved its presence in the key market of South East Asia, Africa & Australia. During the year, the company executed a strategic acquisition of more than fifty new prospective customers in Korea, Japan, and Taiwan. During the year, the company started of OTC formulation under the umberalla brand 'Dr. Morepen'.

During the year 2007-2008, the company made the tie ups with several new strategic verticals. Marketing alliance with World leaders like lmmucor, USA (for immuunohematology system & consumables), Teco Medical Instruments, Germany (for coagulation system & consumables), InTec INC. (for ELISA Kits), Access Bio, USA (for Rapid Malaria Kits), helped the diagnostics division to make deeper inroads into both the consumer market and the blood bank and laboratory segment.

Founded: 1984
Chairman: Sushil Suri
Managing Director: Sushil Suri
Address: Morepen Village, Nalagarh Road Near Baddi, Solan, Himachal Pradesh, 173205,