Emami Group to introduce German Homoeopathy Medicines in India
M.Bhattacharyya and King & Co., the
Kolkata based trusted brands in the sphere of homoeopathic medicines for over
120 years have forged a strategic technical collaboration with Hevert, one of
the top ten manufacturers of homoeopathic medicines in the world based at
Nussbaum, Germany.
Established in late 1800’s, M.
Bhattacharyya and King & Co. are part of Emami Group of Companies, a
diversified business conglomerate with a valuation of Rs.25,000 cr., having
leadership presence in various sectors like FMCG, Paper, Edible Oil, Biodiesel,
BallPoint Tips, Retail Pharmacy, Leisure Stores, Cement, Solar Power, Real
Estate, Contemporary Art etc.
Riding on the rising consumer shift for
side-effect free medicine, the Rs.1500 crore homoeopathy pharma segment has
been growing at a fast clip of 25% annually. With this joint venture, Emami
Group has upped its ante to aggressively enter the premium homoeopathy medicine
segment in India—initially by importing and marketing the Hevert medicines from
Germany followed by manufacturing the formulations in India.
Under this strategic partnership, three
agreements have been signed for distribution & marketing, GMP Consultancy
and license for manufacturing select Hevert formulations in India. The process
of manufacturing will start from the month of April 2015. The objective of this
collaboration is to make world class German homoeopathic remedies available in
India by importing, marketing & manufacturing them in India by M. Bhattacharyya
& Co. Pvt. Ltd. and King & Co. (Homoeo Chemist) Pvt. Ltd.
As a part of the said venture,
presently, M. Bhattacharyya has emerged as the sole importer and distributor
for six homoeopathic products from Hevert stable in India. These products are
namely Hevert Cold & Flu Relief, Hevert Cough Relief, Hevert Stress Relief,
Hevert Vertigo Relief, Hevert Pain Relief and Hevert Allergy Relief.
The products will be available in 400 homoeopathy medicine retail outlets
across diverse distribution channels. There are plans to import and market two
other medicines at a later date, namely, Hevert Sinus Relief and Hevert Stomach
Relief.
Hailing this strategic relationship,
Mr. R.S. Agarwal, Founder & Joint Chairman, Emami Group of Companies said
that, “Homoeopathy is a vast area of knowledge and it is necessary to keep
ourselves updated with significant international developments in this area of
treatment. As a homoeopathic brand, M. Bhattacharyya has been enjoying
people’s trust for over 120 years. However, to stay relevant with the passing
time, it is necessary to keep pace with advanced developments happening
globally. We were always open for strategic technical collaboration with
international homoeopathic firms and I am confident that our partnership with
Hevert is going to benefit the consumers in India immensely.”
Mr. R.S. Goenka, Founder & Joint
Chairman, Emami Group of Companies added that, “German homoeopathic medicines
are highly accepted and trusted by consumers across the world. Therefore, this
Indo-German association in the field of homoeopathic and natural medicines will
go a long way in changing the course of homoeopathic treatment in India.
Together we share a common philosophy of making people healthy and beautiful
and pledge to take good health to every household in India”.
Mr. R.K. Jatia, Director King & Co
said, “I take pride in announcing that the year 2014-15 shall be a landmark
year in Indian homoeopathic industry wherein we shall import world class
products for Indian market. Our existing facility at Madhyamgram has been
specially upgraded to comply with the EU GMP norms which will enable us to
manufacture select Hevert products in India”
Mr. Mathias Hevert, Managing Director
of Hevert-Arzneimittel GmbH & Co.KG said that, “We are really happy and
proud to offer our proven homoeopathic products to Indian people with the help
of our partner M. Bhattacharyya & Co. Private Limited. Our main stay is
quality. Our products are of very high standards with minimum side effects and
are naturally effective. A large number of our formulas were created in
collaboration with students of the famous Pastor Emanuel Felke, one of the
pioneers of naturopathy and the co-founder of complex homoeopathy. With
continuous improvements, these medicines have already proven their efficacy to
millions of patients worldwide with very low rate of side effects.”
Emami Group of Companies enjoy a strong
presence in other areas of healthcare through its various Group Companies.
While, Emami Limited, the flagship Company of the Group, manufactures ayurvedic
OTC, Generic and Ethical drugs under the Zandu portfolio, Emami Frank Ross is a
landmark brand in the field of retail pharmacy in the country. AMRI Hospitals,
also owned by Emami Group, is one of the largest chain of hospitals in the
private sector in Eastern India, while, M. Bhattacharyya and King & Co.,
both Emami Group companies, are trusted names in homoeopathic and natural
medicines for more than a century.
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