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"Piramal will continue to add more generic hospital products both organically and inorganically to leverage its strong sales and distribution network, integrating acquired products and generating synergies," Piramal Enterprises said in its annual report for 2016-17.
On geographical expansion, the reports said the company would "further expand presence in strong markets, including the US, Europe and Japan."
Piramal's pharma vertical is divided into two --- the global pharma business that sells pharma products and services globally and the India consumer products business that sells OTC products in India.
The company operates through its own field force in the US, the UK, Italy, and Germany and through more than 80 business partners in other countries. It has distribution presence in over 110 countries across the world.
"Piramal continues to strengthen its distribution presence in key European countries like the UK, Italy, Germany, and others," the report added.
Over the past six years, the company has cleared 28 USFDA audits, 78 other regulatory inspections and 568 customer inspections, the report said.
In the current fiscal, the company plans to launch Desflurane, the latest generation of inhalation anaesthesia.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)