Orchid Pharma set to commercialize molecule that treats acute UTI
From a debt-ridden company to making a turnaround and now raking in profits, Orchid Pharma is a story worth emulating. Taken over by the Dhanuka Group in March 2020, Orchid Pharma reported a 36% surge in total revenue from operations while the EBITDA jumped by 104% over the quarter ending September 2021, according to the 2022 Q2 results posted in Medical Dialogues. Comprehensive loss for FY22 stood at Rs 0.53 crore, compared to a loss of Rs 115.87 crore in the previous year, Business Standard reported. Orchid Pharma is focusing majorly on a molecule developed in-house – Enmetazobactam, a BLI (Beta-lactamase Inhibitor) used in combination with beta-lactam antibiotic cefepime, Business Standard reported, quoting Manish Dhanuka, managing director of the Chennai-based Orchid Pharma. An injectable product, it is highly effective in treating complicated urinary tract infections, and completed global clinical trials, Dhanuka told the newspaper. India’s market for anti-infectives – medici