InvestorQ : Can you tell me about the latest consumer foray of Venus Remedies?
Katherine Gonsalves made post

Can you tell me about the latest consumer foray of Venus Remedies?

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rhea Babu answered.
3 weeks ago
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Venus Remedies, has diversified from its core pharma focus into the consumer health business with a very sharp and strong focus on pain management. The consumer healthcare business is expected to be worth Rs.30,000-crore market in India. The company plans to come out with consumer healthcare supplements covering pain management, gastroenterology, hygiene, stress management and vitamins.

The focus of the healthcare division will be more on everyday healthcare solutions with focus on pain management. It will be largely a self-care approach and also substantially delivered digitally. Consumer healthcare is poised to grow at 12-15% per year over the decade and in the midst of sedentary lifestyles, it is emerging as the single biggest growth segment and an absolutely profitable adjunct to the core pharma business.
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