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Cipla has 34 manufacturing units in 8 locations across India and a presence in over 80 countries. [ 26 ] [ 27 ] Exports accounted for 48% ₹ 4,948 crore (equivalent to ₹ 84 billion or US$970 million in 2023) of its revenue for the 2013–14 fiscal year. [ 28 ]
India's Torrent Pharmaceuticals is in talks with private equity funds CVC Capital Partners and Bain Capital to raise up to $1.5 billion to bid for India's Cipla, according to three sources with ...
In 2014, Cipla acquired control of the company, and the company changed its name to Cipla Quality Chemical Industries Limited (CiplaQCIL). In 2016, the company was converted to a public company. Two years later, in 2018, the company listed on the Uganda Securities Exchange, offering shares to individual and institutional investors in an Initial ...
Cipla, India's No.3 generic drugmaker by sales, reported a better-than-expected quarterly profit on Friday, boosted by strength in its key domestic and North American businesses. The results come ...
HYDERABAD/BENGALURU (Reuters) -Cipla, India's third-largest generics drugmaker by sales, beat first-quarter profit estimates on Friday as it reported higher sales in its North America market ...
Cadila was founded in 1952 by Ramanbhai Patel (1925–2001), formerly a lecturer in the L.M. College of Pharmacy, and his business partner Indravadan Modi. [8]In 1995, the Patel and Modi families split; the Modi family's share was moved into a new company called Cadila Pharmaceuticals, and Cadila Healthcare became the Patel family's holding company.
India's Cipla Ltd has doubled production of COVID-19 medication remdesivir to help meet "unprecedented demand" as the country battles a massive second wave of infections, the drugmaker said on ...
The company specialized in the importation of generic veterinary and human pharmaceuticals from India. Katongole was managing director and chief executive officer as well as a shareholder from 1997 until 2007. [1] In 2004, QCL convinced Cipla, the Indian drug maker, to form a joint venture and set up a pharmaceutical factory in Uganda. Ground ...