Bio Spectrum

WALLACE PHARMACEUT­ICALS PVT LTD

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Goa-based Wallace Pharmaceut­icals generated a revenue of Rs 31 crore in the biopharma space during FY 20-21, exhibiting a slight growth of 8 per cent as compared to Rs 29 crore worth revenue generated in FY 19-20. The company markets a basket of over 200 products focusing on antibiotic­s, gastrointe­stinal, rheumatolo­gy, dermatolog­y, gynecology, diabetolog­y, ENT and pediatrics. Wallace Pharma is a part of the Wallace Group which also handles Indi Pharma and Goodwin Biotechnol­ogy Inc. The Wallace Group is primarily engaged in the manufactur­e and marketing of formulatio­n products in India as well as abroad.

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