Controlled realease pain medicine other than oxycontin
Multinational corporations have been canadian pharmacy ritalin increasingly outsourcing both APIs as well as generic formulations to well reputed companies that can produce high quality products at lower costs while conforming to standards set in developed and well regulated markets. In the course of our business, we enter into such outsourcing arrangements in the form of dossier sale controlled realease pain medicine other than oxycontin and supply agreements with various entities controlled realease order phentermine line pain medicine other than oxycontin outside India. Factors such as the reputation of our R&D are key to our success in this field. It is therefore, necessary for us to maintain our position as a leading pharmaceutical company in India and to controlled realease pain medicine other than oxycontin maintain our reputation in relation to our R&D capabilities in order to attract hydrocodone app multinational corporations into co-development, outsourcing or licensing arrangements. If we cannot maintain our current position in the market, we may not be able to attract outsourcing or counterparties to enter into supply agreements with and may lose market share in this business area which will consequently affect our business, prospects, results of operations and financial condition. Additionally, a number of our distribution agreements and dossier sale and supply agreements contain covenants that may be onerous and commercially restrictive in nature. For instance, some of our agreements for product development grant our counter-party a right of first offer regarding the marketing of the product, prohibit us from using sub-contractors to meet our supply obligations, or provide for dispute settlement in a foreign jurisdiction under foreign law. Additionally, certain contracts impose ongoing reporting requirements such as reporting of material communications with regulatory agencies, which are onerous and subject to multiple interpretations. Violation of any of these covenants may result in events of default, which in turn may result in breach of contract, claims against us or termination of the contracts and adversely affect our business, prospects, results of operations and financial condition. 17.If we do not maintain and increase our arrangements for the distribution of our products, our business, prospects, results of operations and financial condition could be adversely affected. Our products are marketed in controlled realease pain medicine other than oxycontin over 60 countries, either directly, through our Subsidiaries or indirectly, through arrangements with various leading global pharmaceutical companies for the distribution of our products.
As part of our overseas growth strategy, we enter into product-specific dossier sale and supply agreements with various entities. We also enter into out-licensing agreements with third parties for the development and marketing of products in India. We may not be able to successfully negotiate these third party arrangements or find suitable joint venture partners in the future. Any of these arrangements may not be available on commercially reasonable terms. Additionally, our marketing partners may make important marketing and other commercialization decisions with respect to products we develop without our input. As a result, many of the variables that may affect our business, prospects, results of operations and financial condition are not exclusively within our control when we enter into arrangements like these. 18.Our industry is heavily regulated and our business activities require various approvals, licenses, registration's and permissions. Our operations and/or profitability could be adversely affected if we fail to obtain, in a timely manner or at all, or comply with the conditions that may be attached to, such approvals, licenses, registrations and permissions.
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