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Our Company > Chairman's Message

Chairman's Message

Thank you for taking the time to visit us on our website.

India is currently charging ahead into mainstream pharmaceutical markets around the world with many companies taking their operations worldwide. It is a well-accepted fact that to grow and prosper, Indian companies will have to re-think the current business models and move to more global, innovation led growth. That is what we are attempting to build here at Wallace.

The Wallace of tomorrow will have a business presence in many markets of the world across the fields of pharmaceuticals and biotechnology.

In India, we are working towards retaining and growing our position of market leadership in key therapy areas with strong prescription driven sales. We will continue to make considerable investments in product innovation to strengthen our pipeline of affordable niche products for Indian and international markets.

Our international markets for pharmaceutical products now include several emerging country markets in Asia, Africa and South America. We expect the international component of our pharmaceutical business to grow significantly in width and depth in the years come.

We were the first Indian company to acquire a biologics company in the US. Goodwin Biotechnology Inc. is a biologics services company with considerable experience in the manufacture of monoclonal antibodies and recombinant proteins with clients in the US and Europe.

Looking ahead we are determined to achieve our goal of becoming a force in affordable, niche healthcare solutions. And to do this we will continue to capitalize and build on the unique fundamentals of our group values, people and products by encouraging innovation, entrepreneurship and growth.

Sincerely,

Cesar Menezes
Chairman & Managing Director

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