In animal health sector, our key focus is on nutrition-based products
Ahmedabad-based Meteoric Bio Pharma has a comprehensive range of animal healthcare products for dairy animals, poultry and aquaculture and has high ambitious growth in the next five years. Gaurav Kaushik, MD and CEO, Meteoric Bio Pharma talks about the new launches, latest innovations in the animal health space in interaction with Agro Spectrum India
Tell us about the company’s journey since inception.
The company was established with the vision to develop and offer novel biologicals since its inception. Since inception, we have studied production processes, ingredients (API, KSM, intermediaries) and excipients and worked on biological alternatives cost-effectively. Besides offerings, we worked in the direction of educating the industry about the uses, benefits of taking this biology into their production processes. We received an overwhelming response from the industrial, pharmaceutical & healthcare segments. So that’s our journey started with a clear vision as a key player in the biopharmaceutical sector.
What will be the company’s latest innovations in enzymes, enzymatic preparations, probiotics, nutraceuticals, and animal healthcare?
The company’s latest innovations include developing and offering vegan alternatives of some key large groups of animal-based enzymes offering more bioactive and biosimilars for the nutraceutical segment. Isolating and developing a new strain of probiotics and developing concept-based and clinically proven probiotic and enzymatic premixes.
In the animal health care sector, our innovations are again into biologicals by offering nutrition-based products.
What are the emerging trends in the sectors?
We see biosimilars, novel vaccines, and day-to-day health supplements in easy consumable form as the immediate product trends for the next couple of years. The increasing exports attracting investment and cost competitiveness effectively support this trend. Target-oriented probiotics and enzymes for therapeutic and other chronic diseases and malfunctions. This trend is also witnessing various functional foods containing probiotics, enzymes, and nutraceuticals.
Which is your main export destination?
The US, various parts of Europe, Korea, Taiwan, Brazil, Vietnam, Egypt, and other 20-25 countries.
What challenges did you face during the pandemic?
The onset of COVID-19 was sudden, and the fallouts were tremendous. Individuals and enterprises alike had to be agile and respond by thinking beyond the conventional. At Meteoric, we ensured an uninterrupted supply of all kinds of essential ingredients required for COVID-19 medicines and formulations. The output and supply of essential ingredients were increased, and a very efficient supply chain was managed. We also developed and launched various immunomodulators, supplements and provided end-to-end solutions with extremely short turnaround timelines.
What will be the group’s latest innovations in animal healthcare?
The company’s latest innovation in animal healthcare is a key focus on nutrition-based products for increasing and optimising output (by-products biologically).
We have developed the entire replacement of antibiotics and other synthetic chemicals and drugs with our enzymes, probiotics, and nutraceuticals expertise. Our innovation is also expanding to care and educate healthy livestock for rural and semi-urban locations.
Area-specific minerals (organic) are another key offering in poultry and aquaculture also. We have also developed proven and tested probiotic plus prebiotic plus yeast derivatives, formulations for all needs and solutions for the poultry and aquaculture sector.
What are the emerging trends in the sectors?
Like pharmaceutical and other industries, this sector also is demanding and witnessing biologicals. The inclusion of biologicals (mostly enzymes and probiotics) replacing antibiotics, curing diseases through Nutra and botanicals are other emerging trends.
What will be the new launches in the pipeline pertaining to the dairy and poultry sector?
- Met – ProUltima : A premix of essential probiotic and prebiotic for poultry.
- Nutrapass : A key premix of bypass protein and essential oils with vitamin premix.
- Golden Egg : Clinically proven standard botanical premix with key vitamin premix for poultry.
- Biological to cure acidosis and many more.
How does Meteoric Biopharmaceuticals want to project itself five years down the line?
Five years down the line we will see our company as most prominent in offering a wide range of novel biologics in almost every sector right from pharmaceutical to every industry. We would be also working on offering potential bio-processes and working with biosimilars as a complete replacement of synthetic chemical processes. We see ourselves as a global leader working in the arena of novel biologics.
What has been your revenue for FY21-22?
In 2021, we registered almost 40 per cent of growth in revenue with substantial growth in probiotics and nutraceuticals.
Sanjiv Das
sanjiv.das@mmactiv.com
Ahmedabad-based Meteoric Bio Pharma has a comprehensive