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Cipla Limited is an Indian multinational pharmaceutical company headquartered in Mumbai. Cipla primarily focuses on developing medication to treat respiratory disease , cardiovascular disease , arthritis , diabetes , depression , paediatric and various other medical conditions. [ 3 ]
Quality Chemical Industries Limited (Qcil), formerly Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company, established in Uganda by Ugandans in 2005. The company is committed to advancing wellness and is the largest producer of World Health Organization (WHO) pre-qualified HIV/AIDS and Malaria ...
Emmanuel Katongole (born 27 April 1962), is a Ugandan statistician, economist, businessman, entrepreneur and industrialist. He is the executive chairman of Cipla Quality Chemical Industries Limited (CQCIL), the only company in Sub-Saharan Africa, that is authorized to manufacture triple-combination anti retro-viral drugs.
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His younger brother, M. K. Hamied, is Cipla's non-executive vice-chairman. The latter has three children, including Samina Vaziralli, who is expected to take over leadership of Cipla in the future. [35] In May 2021, Forbes estimated Hamied's net worth at US$ 3.3 billion. [26]
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Quality Chemical Industries Limited was registered formally on 10 June 2005, with equal shareholding between Cipla and QCL. Later, the Capitalworks International Partnership Fund of South Africa and United Kingdom-based TLG Capital acquired minority shareholding in the joint venture. [ 2 ]