SHMN SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories.
Global headquarters are located in North America with manufacturing sites in India.
Why India? Well, since there is a degree of saturation of these products in the U.S. , SHMN is focusing on exported globally with a focus on distribution in emerging markets in Africa, Latin America, and Southeast Asia.
Quite simply, robust growth is being fueled in less developed countries especially as they prosper and spend more money on health care.
And the strategy of catering to this market is displaying outstanding results...
SHMN'sGrowth Strategy: To Become a Leader in Less Developed Countries
Increasing SOHM's market share in key markets, including an extension of its leadership position in the world's emerging generic pharmaceutical markets in Africa, Latin America, and Southeast Asia and other important international markets;
Rapidly responding to customers' most significant needs by - among others-broadening SOHM's product portfolio and executing an increasing number of launches, optimizing a truly global supply chain, helping customers more efficiently manage their inventory and customizing shipping methods based on specific customer needs;