Akumentis Healthcare awarded as “India’s Most Watched Company of the Year 2015” at Pharma Leaders Annual Meet 2015
Akumentis Healthcare recognised at Pharma Leaders Super Brand Awards 2015. The Mid Sized Pharma Major received the credible jury award in the category of India’s Most Watched Company of the Year 2015 at the historic 8th Annual Pharmaceutical Leadership Summit & Pharma Leaders Super Brand Awards 2015 in Mumbai on 30th December 2015
Mumbai based Akumentis Healthcare Limited which shot to limelight in demonstrating top achievement in the fiercely competitive branded formulation market in india to reach the magic figure of 100 crores during the first year of its operation received yet another feather in its cap at the prestigious 8th edition of pharmaceutical leaderhip summit & Pharma Leaders Business leadership Awards 2015 held recently in mumbai in india on 30th December 2015. Akumentis Healthcare Limited was unanimously voted by the jury members of the Network 7 Media Group as Most Watched Company of the Year 2015 for its consistent performance, medical innovations & sustained campaigns for CME’s to the medical profession.
In a letter addressed to Dr. Rajaram Samant, CEO & Chief Mentor of Akumentis Healthcare Limited, the Selection committee wrote “your performance in the indian pharmaceutical market space despite fierce competition has been remarkable resulting in making entry into top 100 companies in india. Your penetration into the domestic market & building long term relationships with the medical professionals & winning their confidence has been exemplary and no wonder and no wonder, your market dominance continues in the areas of Infertility Management, Obstetrics & Gynaecology,Osteoporosis management,Pain & Inflammation Management,Paediatrics & Geriatrics Nutrition,Gastroenterology,Ophthalmologyetc. Further, growth equity investment firm Sequoia Capital desire to invest Rs 125 crore (approximately $19 million) will result in further growth & new product launches.Akumentis has been the unanimous choice as the India’s Most Watched Company of the year 2015 2015 at Pharma Leaders Power Brand Award 2015 at the much awaited 8th Annual Pharmaceutical Leadership Summit & Pharma Leaders Business Leadership Awards 2015 hosted by Pharma Leaders, Asia’s Most Analytical News Media in Healthcare Communications in association with the Ministry of Health & Family Affairs & Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India in the commercial capital of Mumbai on Wednesday,30th December 2015 at the Chancellor Suite of Hotel Hilton Mumbai International Airport, India. More than 300 Industry Leaders, Policy Makers, Medical Professionals, Scientists, Bureaucrats & Diplomats assembled to debate on an aptly theme Pharma Leaders 2015 – Brand India Winning. The Board Members further mentioned “You may be wondering how we chose you. The answer is that we sent out a team of Pharma Leaders analysts and industry experts on a global hunt for companies achieving dual excellence in two critical areas: Customer Value and Growth Success. Put another way, we were searching for companies that not only had a vision for a high-quality total customer experience, but used those insights to achieve growth above the industry average. We asked our global network of consultants and analysts to monitor, screen, and analyze creative practices within their regions. We spoke to industry peers. We vetted our findings with an independent board of directors. At the end of our process, one company stood out from the rest, and that company was yours”.To be a Winner in the prestigious title like “India’s Most Watched Company of the year 2015” would never be an easy task, but it is one made even difficult due to today’s fierce competitive intensity, customer volatility & economic uncertainty – not to mention the difficulty of innovating in an environment of escalating challenges to intellectual property. In totality, you have distinctively stood apart from others, thus, your receipt of this award & recognition signifies your remarkable & outstanding achievement. Pharma Leaders Juries strongly believe that such an achievement should be acknowledged & celebrated. We are confident that your receipt of this recognition is the result of many factors ( Employees, Scientists, Customers,& investors) & years of hard work. We are always amazed by the success stories I hear about Indian pharmaceutical Companies, and Akumentis Healthcare is no exception. What began as an enterprise in 2010 with a modest beginning at its headquarter in Mumbai and has grown into one of the top pharmaceutical corporate in the country, has now blossomed into a formidable power house in pharmaceutical business in india & aiming to be the global player by 2017 under your dynamic leadership. Your performance under tough conditions stands out to be the most watched company in 2015. This is an outstanding growth record in indian pharma space where the indian pharmaceuticals market recorded a CAGR of 12.79 per cent in 2015 from US$ 6 billion in 2005, and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020 & By 2020, india is likely to be among the top three pharmaceutical markets by incremental growth and sixth largest market globally in absolute size & the biggest advantage is that India’s cost of production is significantly lower than that of the US and almost half of that of Europe. It gives a competitive edge to India over others.Clearly & Undoubtedly, Your Firm’s accomplishments have infused the pharmaceutical industry with Innovative & path-breaking products, and your success has helped fuel our country’s economy. I appreciate the dedication & innovative spirit of your leadership, and I applaud his continued commitment to improve the healthcare standards, quality & magnitude of reach of today & tomorrow’s Healthcare”.
- Akumentis was awarded as ‘Emerging Company of the Year 2012’ by Ministry of Commerce.
- Dr Rajaram Samant, CEO and Chief Mentor, was awarded as ‘Dynamic Entrepreneur of the Year 2012’ by his Excellency K. Shankaranarayanan, Hon.Governor of Maharashtra.
- Samant was awarded as ‘First Generation Entrepreneur of The Year’
- Akumentis entered the Top 65 list in its first year with turnover in excess of Rs 90 crores.
- Akumentis further sharpened its focus on its core areas and entered cosmetology in the third year.
- Entered Top 50 ranks within three years of its launch in India
- Akumentis voted as India’s Most Watched Pharma Company of the Year 2015 at Joint Pharma Leaders & Ministry of Health & Family Affairs, Government of India
Founded in 2010″Akumentis Healthcare Pvt. Ltd. is India’s most upcoming & fastest growing Pharmaceutical Company entering top 65 companies in India in the very first year of its launch. “The company is backed by a network of 7 world class manufacturing units and R & D facilities across India. The manufacturing facility is the one of the largest in Asia with WHO, GMP, ISO 9001, ISO 14001 certifications & USFDA and UKMHRA approvable. “The Company have more than 100 innovative products in the pipeline across 8-10 therapeutic segments. A healthy work environment is the pillar of existence of an organisation and a friendly culture motivates employees to associate better with a company. Akumentis believes in core values like innovation, hard work, honesty, deepest care with passion, tolerance for honest mistakes and organisation growth and development of its employees.
In Samant’s words, “Ours is an innovation driven culture, wherein we are introducing innovative products (first time in India)- this helps our field force get maximum time with doctors and is directly proportional to business and success- this is the biggest motivator to our employees. And we have special programmes to identify and help them build on their personal dreams.”
The Company is currently operating in the following segments
- Infertility management
- Obstetrics & Gynaecology
- Osteoporosis management
- Pain & Inflammation Management
- Paediatrics & geriatrics nutrition
- Acute & Chronic infection
About Pharma Leaders Awards
Pharma Leaders Awards has an established record of leadership in research, innovation and in ongoing improvements to health services through strong healthcare leadership. These Awards seek to recognise outstanding health leadership by an individual or team resulting in positive change across the global health system. Pharma Leaders Awards attempt to recognize outstanding individual and team contributions across priority areas selected by the Pharmaleaders Jury. The Pharma leaders Award recognises outstanding leadership, by an individual or Companies for a distinctive recognition in a clear exhibition of top performances in various verticals. The Pharma Leaders Awards has also committed to being the premier award show in healthcare that sets standards, through industry leaders as judges and navigators as well as critics who know good from great and brilliant from best. Through the Pharma Leaders Awards, we are now seeing outstanding work across the board globally, not only in the conventional media but in new media, digital, viral integrated and interactive. This is what great shows do. Celebrate, recognise and encourage us all to do better is the guiding spirit.