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1907: Alembic Pharmaceuticals, one of the oldest pharmaceutical companies in India, was established in Vadodara, Gujarat.This was just six years after India's first domestic pharmaceutical unit, Bengal Chemical and Pharmaceutical Works, was set up in Calcutta.
Lincoln Pharmaceuticals was established in 1979 in Ahmedabad, Gujarat by Mr. Mahendra G Patel, Rajnikant G Patel, and Hasmukhbhai I Patel. [7] In the year 1996, Lincoln Pharma launched IPO and was listed on Bombay Stock Exchange. By the year 2000, the company's products were available in 80% of the domestic market across India.
Akums Drugs and Pharmaceuticals Limited is an Indian pharmaceutical Contract Development and Manufacturing Organization (CDMO) that serves both domestic and multinational pharmaceutical companies. [ 1 ] [ 2 ] The company was established in 2004 and became publicly listed on August 6, 2024.
Piramal Pharma Limited is active in business verticals including pharmaceuticals, healthcare and life sciences.Its business divisions include Piramal Pharma Solutions, a contract development and manufacturing organization; Piramal Critical Care, a manufacturer of inhalational anesthetics and other hospital generics; and Piramal Consumer Products Division, an over-the-counter consumer ...
Sun Pharmaceutical Industries Ltd. was established by Dilip Shanghvi in 1983 in Calcutta, West Bengal with five psychiatry products and a two-person marketing team. Today it is ranked number one in share of prescriptions with 12 classes of doctors in India and a market leader in Psychiatry, Neurology, Cardiology, Orthopaedics, Gastroenterology, Nephrology, Diabetology, Dermatology, Urology ...
On 7 April 2014, India-based Sun Pharmaceutical and Japan-based Daiichi Sankyo jointly announced the sale of the entire 63.4% share of Ranbaxy from Daiichi Sankyo to Sun Pharmaceutical in a $4 billion all-share deal. Under these agreements, shareholders of Ranbaxy were to receive a 0.8 share of Sun Pharmaceutical for each share of Ranbaxy. [3]
The pharmaceutical industry in India was valued at an estimated US$42 billion in 2021 and is estimated to reach $130 billion by 2030. [1] India is the world's largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports.
Divi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients (APIs) and intermediates, headquartered in Hyderabad. [ 5 ] [ 6 ] [ 2 ] [ 7 ] The company manufactures and custom synthesizes generic APIs, intermediates.
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