Kochi, July 24: The Bangalore based herbal extracts company, Sami Labs that entered the
domestic market last year after focusing on exports for a decade, is planning to launch
more products in India.
After launching the first organic selenium supplement SelenoCare
recently, the company is planning to introduce a probiotic (for the health of the
intestines), hypocholesterolemic (for lowering cholesterol) antioxidants in the market. It
is targeting a sales turnover of Rs.10 crore in this category by the end of the year.
Besides herbal extracts, the company also produces and exports fine
chemicals, nutraceutical and cosmecuticals. When it entered the Indian market, the company
had launched an array of preventive and therapeutic products in the nutraceuticals
category in association with American Formulary Inc of the US. Currently, the company has
eight nutraceuticals for tackling several disease conditions like prostate cancer, age
related macular degeneration, arthritis, osteoporosis, hepatic dysfunction and cardiac
diseases.
The company director Faazal Siyo said the Indian nutraceutical market
is worth Rs.150-200 crore. The company has added 15 new patents to its existing line of
eight patents.
|