Pharmaceutical market landscape has undergone a massive transformation with the emergence of cost-effective, and more efficient manufacturing approaches. The advent of new technologies is opening new avenues of growth by giving a boost to innovation in the industry today. In addition, increasing investment flow in this space has impacted the market growth positively. Another rising health concern is increasing lifestyle disorders, which are making preventive therapies like immune boosters and nutraceuticals the order of the day. This segment is rapidly increasing the demand for robust probiotics and nutraceuticals as they play a critical role in immunity building.
As a result, the pharma industry is projected to grow at a CAGR of 10 to 12 percent and start-ups will be driving the major part of this growth, providing the much-needed employment opportunities. Start-ups also have a major role to play in meeting the increasing healthcare needs of growing population, hospitals and medical practitioners. Pharma start-ups are also helping to take modern medicines to large Indian population across geographies where big pharma companies are not focussing.
The challenging area for the start-ups in the Indian Pharma market is to provide quality medicines. Unfortunately, there are a lot of mushroom companies manufacturing and marketing products where the quality is a big question mark. Doctors always prescribe quality medicines and it has become very difficult for a doctor to judge the quality of medicines promoted by new upcoming start-ups. A competent player who can offer quality product with cost-effectiveness is the need of the market.
A young start-up that has been trailblazing in this segment since its inception in 2020 towards building itself as one of the most trusted brands in the Pharmaceutical sector is Dhavit Global Life Sciences. Today, the start-up is on the verge of quantum leap due to its competency in delivering quality products, at the most economical price range. As Dhavit is a Sanskrit word that stands for Purity, Clarity and Transparency, the company is aligned with its values and mission that resonate with the same. Hence, Dhavit Global Life Sciences has been an entity which has been ensuring people with accessibility of quality medicines that help manage disease, fight infection, and improve overall health. Furthermore, they are spreading the needed knowledge among the masses of a standardized healthcare deliverability to help Indian people live life in the healthiest way possible. Dhavit has put together very competent and highly experienced professionals in all functional areas.
“Our only goal is to provide excellent quality products and services which are delivered through our experienced set of people. We value human relations, which is proven by the fact that we have employed people who are the victims of unemployment during these times of pandemic; we saw a lot of people losing their jobs, companies cutting down divisions, or getting closed, or reducing costs by cutting employment or cutting manpower costs,” highlights H. Rajeev, Director & Chief Strategist. “Even our therapies, if you see, are fine-tuned as per the needs of the Indian people. We try to develop solutions for the diseases which are more prevalent in India, wherein, we are introducing treatments for those whether it is preventive or curative therapies," he adds.
Rajeev is a Professional with 31 plus years of experience in Pharma Sales and Marketing with proven track record in the industry. His core strengths are Strategic thinking & Execution, People leadership, Building Sustainable Business, Team Management, Analytical skills and Result Orientation. Rajeev has worked for eminent organizations like Wockhardt Ltd, Lupin Ltd., Reliance Life Sciences, Alembic Ltd., Alkem Labs and Tablets India Ltd.
The Move Towards One-Roof Solution
Dhavit’s products are manufactured in WHO GMP,
ISO 9001 – 2008, ISO 14001 – 2004 and GLP (Good Laboratory practice) certified plants to ensure international standards. If we look at the company’s range of products, it comprises tablets, capsules, syrup and creams which have the widest range of uses that include the correction of disturbed gastrointestinal function (Probiotics), Diarrhoea, Bacterial infection, Pain management, Multivitamin & Multimineral supplements, Nutraceuticals, Nerve disorder, Allergic rhinitis and Fungal infection. Regarding the availability, they have developed a very wide distribution network so as to ensure that patients will not have difficulty when it comes to acquiring their products. Also, they have been launching the most accepted and widely used molecules for providing best therapeutic agents for the doctors.
“Patients and doctors are assured of getting the best quality products at reasonable prices. And we ensure easy accessibility through our well-developed distribution network so as to ensure that patients will not have difficulty with our products and services,” says Prabhakar Bethi, Marketing Head of the company.
"Our company has been developed out of compassion for healthcare where we provide cost effective medicines to the masses. We gave an H2H approach, i.e., human to human marketing which is based on how best we can serve humans. Hence, we ensure that all our stakeholders are benefited to the fullest, especially the doctors, patients and paramedical fraternities, “he adds. Prabhakar Bethi, is a marketing professional with 31 years of experience in the pharma industry and worked in reputed companies like Alkem, Aristo, Centaur, CFL and Cadila Pharma. He has handled many of the reputed brands like Sinarest, Swich, Reglan and Envas. Academically, he is M. Pharm (UDCT/ICT) and MMM (NMIMS). He is also a visiting faculty at IIM, Visakhapatnam and IESMCRC, Mumbai.
P. S. Patil, Management Team, H. Rajeev, Director And Head – Sales, Marketing And Business Development & Prabhakar Bethi, Marketing Head
“One of the priorities of Dhavit is to develop people and improve their effectiveness,” says P. S. Patil, who is a part of management team. He brings with him 37 years of experience of working in Alembic.
Spreading Awareness About Quality Of Life
Dhavit Global Life Sciences has also been playing a critical role in informing people about the measures that can be taken to mitigate illness and disorders by posting well-addressed articles. The company has been very prompt at understanding what product or treatment will best-fit the patient’s condition. Their objective is to set up an ultra-modern pharmaceuticals manufacturing facility that would focus on Oral Solids, syrups and Nutraceuticals.
“We are also planning to build a cancer hospital in Solapur district, where one can provide, cost effective or no cost treatment for the poor patients as we believe that is a part of our corporate social responsibility. Furthermore, as government hospitals have huge patient turnover, we are also focusing towards helping these hospitals by providing the best of the machinery, equipment, and bedding facilities,” says Suresh Katgaon, Managing Director of Dhavit.
“Our mission is to have a sympathetic approach and deep concern for the sufferings of the needy people of our country and Our Vision is to build DHAVIT as the most trusted brand in the Pharmaceutical sector,” he adds. Suresh Katgaon is a very young entrepreneur with long term vision. He is also the Managing Director of Yes Telecom and Shree Datta Enterprise. Katgaon family is very well known in Solapur district for its compassionate approach towards people.
Our mission is to have a sympathetic approach and deep concern for the sufferings of the needy people of our country and our vision is to build dhavit as the most trusted brand in the pharmaceutical sector
“We are very soon going to enter into the manufacturing of API's. Our intention is to provide cost-effective APIs to the pharma industry so that the Indian population can be benefited with low-cost medicines and treatment facilities.
For this, we have already acquired 30 acres of land to build a world class facility in Solapur. So, firstly we would start with the APIs, and soon after, we will go into formulations,” says Santosh Savarkar, Director & Regulatory Affairs at Dhavit Global Life Sciences. Santosh is Regulatory affairs & Quality compliance professional with a rich 27 years of experience in the pharmaceutical industry. He had worked with top Indian pharma companies such as Cipla, Unichem, Glenmark and Alembic.
“We are going to set up an ultra-modern facility to manufacture quality products and provide employment to the many local talented youths,” concludes Milind Kulkarni, Director of the company who will be driving Dhavit forward as the Manufacturing Head. He has rich 31 years of experience in pharmaceutical industry. He has worked with top Pharma companies such as Bayer India, Indofil, Lupin, Orchid Chemicals, Emcure and Dr. Reddy’s Lab.