Page 35 - IACC Newsletter June 2013 Issue 11

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Google India ties up with Getit Infomedia
Google India has tied up with Getit Infomedia to help SMEs in the South to go online. Google’s Global Channel Sales
Managing Director Todd Rows said that the company has so far tied up with 16 partners for this initiative with a total
sales force of 3,000.
The company targets to reach out to 10 lakh SMEs. “We have so far covered 2 lakh and will cross 5-lakh mark by 2015,’’
he said.
Aurobindo Pharma to launch 20 drugs in US this year
Aurobindo Pharma Ltd has lined up about 20 product launches in the US market in the current financial year which may
improve its margins. This was disclosed by Robert Cunard, Chief Executive Officer, Aurobindo Pharma, US, in the recent
earnings call.
“A big question is what the Food and Drug Administration (FDA) does as far as the review time is concerned. But for FY
14, we expect 16 to 20 oral solid launches in the US market,” he said. Of these, three products were expected from the
Hyderabad-based company’s Aurolife facilities in the controlled substance area and one in the over the counter
segment, he added.
“We do expect that some the molecules/key launches will be of little higher margins and continue to drive our growth,”
he said. The revenue to be generated on the new product side should be similar to what was witnessed last year which
was about 14 per cent of the company’s total revenue in the US.
LinkedIn books office space in Bangalore Technology Park
"The new office space in Bangalore will house employees across functions, including customer service, engineering, sales and
marketing," Rao said.
California-based social networking site LinkedIn recently booked 74,341 sq. ft. of office space in Prestige Technology
Park in Bangalore at 43 per sq. ft., people familiar with the transaction said, establishing the fact that leading technology
firms are investing in additional space in Bangalore.
"The new office space in Bangalore will house employees across functions, including customer service, engineering, sales
and marketing," said LinkedIn India Country Manager Nishant Rao.