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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
Mumbai-based Eurolife Healthcare Pvt Ltd, a specialty pharmaceutical company, distributed hand sanitizers worth Rs 1.15 crore among public officials here through the District Collectorate.
Treading on the Corporate Social Responsibility path, Eurolife heeded the call made by the Prime Minister Narendra Modi to come together and make generous donations aiding India to tide over the COVID-19 crisis. Manufacturing and distributing an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams, Eurolife has responded to its calling to support communities in this distressful times, a release said. In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, the statement said.
Eurolife CEO Sandeep Toshniwal stated, "Eurolife is one of the leaders in this fight against the novel coronavirus, manufacturing life-saving infusions, which is the first line of defence for any patient, besides marketing and distributing an entire range of sanitizers and disinfectants." Subsequently, the company obtained permission from the district collectorate to provide cost-free hand sanitisers to the hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Link - https://m.dailyhunt.in/news/india/english/pennews-epaper-pennws/eurolife+distributes+hand+sanitizers+worth+rs+1+15+cr+to+hospitals+public+offices+in+aurangabad-newsid-175260478
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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
Mumbai-based Eurolife Healthcare Pvt Ltd, a specialty pharmaceutical company, distributed hand sanitizers worth Rs 1.15 crore among public officials here through the District Collectorate.
Treading on the Corporate Social Responsibility path, Eurolife heeded the call made by the Prime Minister Narendra Modi to come together and make generous donations aiding India to tide over the COVID-19 crisis. Manufacturing and distributing an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams, Eurolife has responded to its calling to support communities in this distressful times, a release said. In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, the statement said.
Eurolife CEO Sandeep Toshniwal stated, "Eurolife is one of the leaders in this fight against the novel coronavirus, manufacturing life-saving infusions, which is the first line of defence for any patient, besides marketing and distributing an entire range of sanitizers and disinfectants." Subsequently, the company obtained permission from the district collectorate to provide cost-free hand sanitisers to the hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Link - https://m.dailyhunt.in/news/india/english/pennews-epaper-pennws/eurolife+distributes+hand+sanitizers+worth+rs+1+15+cr+to+hospitals+public+offices+in+aurangabad-newsid-175260478
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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
Mumbai-based Eurolife Healthcare Pvt Ltd, a specialty pharmaceutical company, distributed hand sanitizers worth Rs 1.15 crore among public officials here through the District Collectorate.
Treading on the Corporate Social Responsibility path, Eurolife heeded the call made by the Prime Minister Narendra Modi to come together and make generous donations aiding India to tide over the COVID-19 crisis. Manufacturing and distributing an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams, Eurolife has responded to its calling to support communities in this distressful times, a release said. In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, the statement said.
Eurolife CEO Sandeep Toshniwal stated, "Eurolife is one of the leaders in this fight against the novel coronavirus, manufacturing life-saving infusions, which is the first line of defence for any patient, besides marketing and distributing an entire range of sanitizers and disinfectants." Subsequently, the company obtained permission from the district collectorate to provide cost-free hand sanitisers to the hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Link - https://www.pennews.net/business/2020/03/31/eurolife-distributes-hand-sanitizers-worth-rs-115-cr-to-hospitals-public-offices-in-aurangabad-2
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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
Mumbai-based Eurolife Healthcare Pvt Ltd, a specialty pharmaceutical company, distributed hand sanitizers worth Rs 1.15 crore among public officials here through the District Collectorate.
Treading on the Corporate Social Responsibility path, Eurolife heeded the call made by the Prime Minister Narendra Modi to come together and make generous donations aiding India to tide over the COVID-19 crisis. Manufacturing and distributing an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams, Eurolife has responded to its calling to support communities in this distressful times, a release said. In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, the statement said.
Eurolife CEO Sandeep Toshniwal stated, "Eurolife is one of the leaders in this fight against the novel coronavirus, manufacturing life-saving infusions, which is the first line of defence for any patient, besides marketing and distributing an entire range of sanitizers and disinfectants." Subsequently, the company obtained permission from the district collectorate to provide cost-free hand sanitisers to the hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Link - https://www.pennews.net/business/2020/03/31/eurolife-distributes-hand-sanitizers-worth-rs-115-cr-to-hospitals-public-offices-in-aurangabad-2
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Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
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Text
Eurolife distributes hand sanitizers worth Rs 1.15 cr to hospitals, public offices in Aurangabad
Mumbai-based Eurolife Healthcare Pvt Ltd, a specialty pharmaceutical company, distributed hand sanitizers worth Rs 1.15 crore among public officials here through the District Collectorate.
Treading on the Corporate Social Responsibility path, Eurolife heeded the call made by the Prime Minister Narendra Modi to come together and make generous donations aiding India to tide over the COVID-19 crisis.
Manufacturing and distributing an exclusive portfolio of healthcare formulations, intravenous infusions, ophthalmics, sterilized water for injections, nebules, tablets, capsules, ointment and creams, Eurolife has responded to its calling to support communities in this distressful times, a release said.
In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, release told.
Commenting on the initiative, Eurolife CEO Sandeep Toshniwal stated, "Eurolife is one of the leaders in this fight against the novel coronavirus, manufacturing life-saving infusions, which is the first line of defence for any patient, besides marketing and distributing an entire range of sanitizers and disinfectants."
Subsequently, the company obtained permission from the district collectorate to provide cost-free hand sanitizers to the hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Deputy Collector Rita Metrawar asked to deliver the goods to the collectorate from where they would be provisioned to public offices, hospitals, medical colleges, police stations, courts and health workers, accordingly.
Talking the quality of these hand sanitizers, Eurolife CMO Virender Dhar asserted, "Eurolife has the widest range of infusions with extremely high standards. Our Germkill range of sanitizers and disinfectants is also one of the widest and topmost quality ranges available in the market.
''Through our network in all of the states and 29 countries worldwide, we plan to ensure that we are at the frontlines of the battle against this deadly virus globally."
Visit - http://www.uniindia.com/eurolife-distributes-hand-sanitizers-worth-rs-1-15-cr-to-hospitals-public-offices-in-aurangabad/business-economy/news/1936854.html
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Eurolife donates Rs 1.15 crore worth of hand sanitizers
In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare today came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, Maharashtra.
Eurolife obtained permission from the district collectorate to distribute the hand sanitizers to hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
This approval was sought from Mr. Uday Chaudhry, District Collector, Aurangabad, who under his aegis, asked the company officials to meet deputy collector Ms. Rita Metrawar.
She asked them to deliver the goods to the collectorate’s office from where they would re-distribute the consignment of sanitizers to public offices and buildings, such as hospitals, medical colleges, police stations, courts and health workers — or anyone else in dire need of the same.
Visit - https://indiacsr.in/eurolife-donates-rs-1-15-crore-worth-of-hand-sanitizers/
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Eurolife donates Rs 1.15 crore worth of hand sanitizers
In its endeavour to help prevent the spread of this infectious disease, Eurolife Healthcare today came forward to distribute a consignment worth Rs 1.15 crore of its hand sanitizers, Germkill, to those in need of it in Aurangabad, Maharashtra.
Eurolife obtained permission from the district collectorate to distribute the hand sanitizers to hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
This approval was sought from Mr. Uday Chaudhry, District Collector, Aurangabad, who under his aegis, asked the company officials to meet deputy collector Ms. Rita Metrawar.
She asked them to deliver the goods to the colletorate’s office from where they would re-distribute the consignment of sanitizers to public offices and buildings, such as hospitals, medical colleges, police stations, courts and health workers — or anyone else in dire need of the same.
Visit - https://indiacsr.in/eurolife-donates-rs-1-15-crore-worth-of-hand-sanitizers/
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Firm distributes sanitisers worth Rs 1.15 crore under CSR in Aurangabad
As part of its CSR initiative Mumbai-based Eurolife Healthcare Pvt Ltd. has come forward to distribute a consignment worth Rs 1.15 crore of its hand sanitisers to those in need of it in Aurangabad.
The sanitiser manufacturing firm had obtained permission from the district collectorate to distribute the hand sanitisers for free to hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Deputy collector Rita Metrawar asked them to deliver the goods to the collector's office from where they would re-distribute the consignment of sanitisers to public offices and buildings, such as hospitals, medical colleges, police stations, courts and health workers or anyone else in dire need of the same.
Visit - https://timesofindia.indiatimes.com/city/aurangabad/firm-distribute-sanitisers-worth-rs-1-15-crore-under-csr-in-aurangabad/articleshow/74811238.cms
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Firm distributes sanitisers worth Rs 1.15 crore under CSR in Aurangabad
As part of its CSR initiative Mumbai-based Eurolife Healthcare Pvt Ltd. has come forward to distribute a consignment worth Rs 1.15 crore of its hand sanitisers to those in need of it in Aurangabad.
The sanitiser manufacturing firm had obtained permission from the district collectorate to distribute the hand sanitisers for free to hospitals and other public service offices to equip them in their fight against the dreaded coronavirus.
Deputy collector Rita Metrawar asked them to deliver the goods to the collector's office from where they would re-distribute the consignment of sanitisers to public offices and buildings, such as hospitals, medical colleges, police stations, courts and health workers or anyone else in dire need of the same.
Visit - https://timesofindia.indiatimes.com/city/aurangabad/firm-distribute-sanitisers-worth-rs-1-15-crore-under-csr-in-aurangabad/articleshow/74811238.cms
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Eurolife Supports Aurangabad Authorities with Rs. 1.15 crore worth of hand sanitizers for free distribution
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Eurolife draws up ₹500-crore capex plan
Firm to tap regulated markets of Europe, U.S.
Eurolife Healthcare, a leading player in the production and distribution of intravenous infusions and other pharmaceutical products, plans to invest ₹500 crore over five years in India and Europe to expand capacity and tap Europe and the U.S. in ‘a big way’, a senior executive said.
While ₹100 crore will be invested in capacity expansion at the company’s four units in India this year, about ₹400 crore will be invested in Europe to acquire more companies there and expand its unit in Hungary, which was acquired by Eurolife last year.“We are already a significant player in India but we wanted to have a big presence in the regulated markets which areis Europe and U.S.. Over the next five years, we will invest €Euro 50 million in Europe,” said Sandeep Toshniwal, CEO and director, Eurolife Healthcare Pvt. Ltd., in an interview.
“Our plan basically is to target all the markets in Europe and the U.S. from our existing unit at Hungary which has a huge approved plant. We will be investing more in manufacturing there and to buy other companies. It could be a combination of both,” he added.
For the Indian operations, the ₹100 crore investment will be done this year and the company has already signed agreements to procure high-end machinery which will be installed at the company’s four units.This will double monthly capacity to about four million bottles.
The company will fund this expansion through internal accruals and equity dilution by the promoters.
“We are looking at the possibility of private equity investment further to fund the expansion,” he said.
In 2016, OrbiMed Advisors LLC, a healthcare-focused pharmaceuticals fund, invested in the company and currently holds 29% stake.
So far, the company has invested ₹300 crore to set up its two manufacturing units at Roorkee in Uttarkhand, acquiring two units of Baxter at Aurangabad and Chennai in 2017 and acquiring Teva’s infusion business in Europe with its production facility at Hungary in 2019, he said.
The company’s turnover, which was ₹250 crore in FY19, is expected to grow fourfold in five5 years after the expansion, Mr. Toshniwal said.
“Over the next five years, based on our investment in Europe and in India, we targeting close to ₹1,000 crore in revenue,” he added.
Visit - https://www.thehindu.com/business/eurolife-draws-up-500-crore-capex-plan/article30873674.ece
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Eurolife draws up ₹500-crore capex plan
Eurolife Healthcare, a leading player in the production and distribution of intravenous infusions and other pharmaceutical products, plans to invest ₹500 crore over five years in India and Europe to expand capacity and tap Europe and the U.S. in ‘a big way’, a senior executive said.
While ₹100 crore will be invested in capacity expansion at the company’s four units in India this year, about ₹400 crore will be invested in Europe to acquire more companies there and expand its unit in Hungary, which was acquired by Eurolife last year.“We are already a significant player in India but we wanted to have a big presence in the regulated markets which areis Europe and U.S.. Over the next five years, we will invest €Euro 50 million in Europe,” said Sandeep Toshniwal, CEO and director, Eurolife Healthcare Pvt. Ltd., in an interview.
“Our plan basically is to target all the markets in Europe and the U.S. from our existing unit at Hungary which has a huge approved plant. We will be investing more in manufacturing there and to buy other companies. It could be a combination of both,” he added.
For the Indian operations, the ₹100 crore investment will be done this year and the company has already signed agreements to procure high-end machinery which will be installed at the company’s four units.This will double monthly capacity to about four million bottles.
The company will fund this expansion through internal accruals and equity dilution by the promoters.
“We are looking at the possibility of private equity investment further to fund the expansion,” he said.
In 2016, OrbiMed Advisors LLC, a healthcare-focused pharmaceuticals fund, invested in the company and currently holds 29% stake.
So far, the company has invested ₹300 crore to set up its two manufacturing units at Roorkee in Uttarkhand, acquiring two units of Baxter at Aurangabad and Chennai in 2017 and acquiring Teva’s infusion business in Europe with its production facility at Hungary in 2019, he said.
The company’s turnover, which was ₹250 crore in FY19, is expected to grow fourfold in five5 years after the expansion, Mr. Toshniwal said.
“Over the next five years, based on our investment in Europe and in India, we targeting close to ₹1,000 crore in revenue,” he added.
Visit - https://newswale.in/eurolife-draws-up-%e2%82%b9500-crore-capex-plan/
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