OPTHO LIFE SCIENCES PVT. LTD.: Serving for 5 decades in eyecare
The healthcare industry is one of the fast-growing industries in India both in terms of revenue and employment. The industry stood at Rs 4 lakh crore (US$ 61.79 billion) in FY17 and is expected to reach Rs 8.6 lakh crore (US$ 132.84 billion) by FY22.
Ophthalmic services are one of the chief aspects in the healthcare industry. The vertical concentrates on providing diagnosis and treatment of eye disorders. India’s current ophthalmic market is about US $ 1.3 billion expected to grow at a CAGR of 5-6.8% against a global growth of 4.06 %. The largest submarkets in terms of revenue in India are cataract surgery and diagnostic equipment, followed by dry eye and glaucoma, the latter two leading the ophthalmic drug market.
A NEW NAME IN THE MARKET
Optho Life Sciences is a trusted indigenous name of Ophthalmic and ENT formulations in India. The enterprise was founded in 1973, and has a strong pan India presence.The company assembles more than 250 talented employees,with its head office based at Prayagraj (Uttar Pradesh) and corporate office at Noida (Delhi NCR). The company is ambitious and fast growing while dedicated in service since 5 decades, promoting a wide portfolio of ophthalmic and ENT formulations.
The company ideated and conceived the mission and vision of visionary leader, Late Shri R. K Agarwal, whose mind and soul was dedicated to create a sustainable supply of quality health care medicines for the society and eventually led to establishment of this organization.
His legacy was continued by his son Rakesh Agarwal (Managing Director). The man invested his varied experience of corporate industry (technical areas, quality management, finance, sales, marketing, operations, supply chain and general administration) in development of every edge of Optho Life Sciences .
Mr. Ridim Agarwal (Director), grandson of the founder took hold of the mantle. The man is a scholar, learner, entrepreneur, orator and philanthropist with a dynamic personality, skilled & successful leader with high emotional intelligence, finely honed communication skills and power of strategic thinking. He brought with him 10 years of experience ranging from business development to employee marketing operations and it was under his leadership the company rose to rank as one of the Top 10 leaders in Ophthalmic pharma industry in India.
ACCUSTOMED WITH CHANGING MARKET TRENDS
During the days of initiation,the company had to face countless challenges; especially, due to stringent market policies prevailing in pharma industry altogether, But the bad days and an experience of 5 decades taught them that pharma industry can grow and evolve on a much rapid pace. As innovation and customer centric approach progressively plays bigger role in market, Optho Life Sciences is also inclined and focused towards consistent R&D of their products and upgrading their portfolio as per latest needs of their clients and customers. It has become more than essential to keep remodeling themselves at every level in order to survive and thrive in this highly competitive environment.
UNPARALLELED PRODUCTS AND SERVICE QUALITY ACROSS THE MARKET
The retail market mainly comprises of two kinds of industries Goods and Services where one is tangible and the other being intangible. But since it is a highly competitive market, even goods industry has to provide services and vice versa. Hence, to be a milestone in these assortments,Optho Life Sciences responsibly offers supreme quality products at affordable prices.A few examples of their leading brands include CCS Ultra eye drops, Zoline Plus eye drops, I-Gem6 softules, Catlon eye drops, Trophtha P eye drops and many more.
The company also believes in having a feedback policy and as such maintains a flawless customer relation service. This has bridged the communication gap between company and customers and aids in maintaining a high standard loyalty and respect with their long associated clients. This approach has also contributed to the company steadily growing into becoming one of the most preferred brands in ophthalmic pharma industry. As a famous Indian adage goes, ‘Customer is God’, they allegedly seem to be taking it little too seriously.
LATEST MOLECULES THAT KEEPS THEM AHEAD IN THE RACE
The company is consistently focused on staying updatedin this rat race. Latest molecules of drugs is one factor that caters them the support to be ahead than its competitors in the market. Relating to that, Optho Life Sciences is constantly bringing new innovative medicines and that becomes possible due to their focus on R&D. As said earlier that the company is dedicated in curing eye and ent disorders, it creates and maintains sustainable therapies for ailments rather than of experimenting with new and costly molecules just to stay ahead in the race and this makes them a renowned business model.
A STRONGHOLD WITH HIGHLY MOTIVATED AND ENERGIZED WORKFORCE
A company rises to glory not only because of its state of the art technology, best in class strategies or top of the line market research but also with a talented and specialized workforce. The company believes in investing their efforts and time on their manpower to keep them motivated and enthusiastic. For that not only do they provide them with well-deserved remunerations, but they also appreciate and reward their efforts from time to time. Furthermore, Optho Life Sciences encourages their employees to maintain proper work-life balance for their healthy performance.
INVESTING IN PRESENT, ENLIGHTENING THE FUTURE
“Real generosity towards the future lies in giving all to the present”. Albert Camus
The company sets its future goals based on this vision.Optho Life Sciences believes in investing in the present with a future-oriented mindset and strategy by developing products that can produce positive real-world outcomes for patients with a mission to build Optho Life Sciences as the leading pharmaceutical company which consistently pioneers in new therapeutics and improve quality healthcare services dedicated towards preserving the health of community through personalized patient care. With this aim, they are also planning to launch their new segment, also by name of Optho Life Sciences -Wellness, which will cater other specialties to ensure that Optho Life Sciences reaches to the maximum number of people