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The first Indian biotechnology company to be established was Biocon, which was founded by Kiran Mazumdar-Shaw in 1978. [3] The Indian biotechnology industry formally began in 1986 with the establishment of the Department of Biotechnology (DBT) by the Ministry of Science and Technology. [4]
While unveiling the Joint Venture's plans, Sanyo-BPL Pvt Ltd Chairman and Chief Executive Officer, Ajit G Nambiar, said the company expected to post revenues of around ₹ 2,000 crore (equivalent to ₹ 50 billion or US$580 million in 2023) by 2009 and lead the market in consumer electronics and white goods in five years.
NABL is a Full member (ILAC MRA signatory) to ILAC [5] as well as APAC Mutual Recognition Arrangements (MRA), [6] based on mutual evaluation and acceptance of other MRA Partner laboratory accreditation systems. Such international arrangements facilitate acceptance of test / calibration results between countries to which MRA partners represent.
The company's first international move took it to Russia in 1992. There, Dr. Reddy's formed a joint venture with the country's biggest pharmaceuticals producer, Biomed.They pulled out in 1995 amid accusations of scandal, involving "a significant material loss due to the activities of Moscow's branch of Reddy's Labs with the help of Biomed's chief executive". [8]
Biocon Limited is an Indian biopharmaceutical company based in Bengaluru, India.It was founded by Kiran Mazumdar-Shaw in 1978. [4] The company manufactures generic active pharmaceutical ingredients (APIs) that are sold in approximately 120 countries, [5] including the United States and Europe. [4]
Ipca Laboratories Limited is an Indian multinational pharmaceutical company based in Mumbai. It produces theobromine , acetylthiophene , and p- bromotoluene as active pharmaceutical ingredients (APIs).
Alkem Laboratories Limited is a leading Indian multinational pharmaceutical company headquartered in Mumbai,India.Specialising in generics and speciality pharmaceuticals, Alkem manufactures and markets a diverse portfolio of pharmaceutical generics, formulations and nutraceuticals across India and global markets.
The laboratory implements and maintains a high quality system based on ISO 17025 guidelines for laboratory competence. CASL is accredited/recognized by the Environmental Management Bureau, Department of Environment and Natural Resources, Bureau of Food and Drugs, Department of Health, and Bureau of Animal Industry.