cipla medicine company owner

In 1980, Cipla won Chemexcil Award for Excellence for exports. List of medicine brands owned and manufactured by Cipla Limited Toggle navigation Medicine ... Medicine Manufacturers; Cipla Limited; Cipla Limited. Khawaj Abdul Hamied, set up the Chemical,Industrial and Pharmaceutical laboratories (CIPLA) in 1935. 6.45% shareholding in the company by the end of September 2013. [9], It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. Sir P. C. Ray Award for development of indigenous technology (1983). Company History - Cipla 1935 - The Company was Incorporated at Mumbai. [19], Cipla sells active pharmaceutical ingredients to other manufacturers as well as pharmaceutical and personal care products,[20] including Escitalopram (anti-depressant), Lamivudine and Fluticasone propionate. [6][7][8], On 23 April 2019, Cipla appointed Dr. Raju Mistry as Global Chief People Officer. Biosimilars can prove up to be 'the-next-big' challenge to Cipla, as it would have to acquire expertise in a new field and also compete with MNCs. It is the nation's largest pharma company by sales, and has successfully established great reputation for itself in the East. After being in operations for years, the company is still quite research-oriented, and is still on the go of launching new products for health care. Cipla is a market-leading medicine maker in India. [25][26] Exports accounted for 48% ₹4,948 crore (equivalent to ₹68 billion or US$950 million in 2019) of its revenue for FY 2013–14. He is also an elected fellow of the Indian National Science Academy. In addition to that, the revenue of this pharma company contributes to more than 48 percent. AZT, d4T, 3TC, ddI, nevirapine, and efavirenz are some of the drugs produced and bought by the company. "We have not given the medicine to our distributors. [10][11] Cipla was established in 1935 by setting up Chemical, Industrial & Pharmaceutical Laboratories. Some are sold domestically, while the rest reach international markets in more than 150 countries. In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. The company has roughly 1,500 pharmaceutical products in more than 60 therapeutic categories. Its focal areas are biologicals, small-molecule innovation, consumer healthcare, and regenerative medicine. Finally, in 1972, their efforts paid off, by providing the Indian Pharma industry the legal freedom to manufacture and market any drug required in the country. I’m part of a team […] In 1995, Cipla launched Deferiprone, the world's first oral iron chelator. Bellasis road houses its main office, which had been initially taken on a lease for 20 years at a monthly rental of Rs.350. CIPLA Medicine List. About Yusuf Hamied. Our portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally. We paid a visit and spoke to some of the people who work there. Since then Cipla has also produced a low-cost drug to treat HIV and expanded operations into several developing countries, including African nations, where most HIV and poor patients existed at one time. Some are sold domestically, while the rest reach international markets in more than 150 countries. Cipla is a global pharmaceutical company whose goal is ensuring no patient shall be denied access to high quality & affordable medicine and support. “For me, Cipla is a land of opportunities. About Cipla: Cipla Limited is 2nd largest pharmaceutical company in India in terms of retail sales. SCIENTIFIC RESOURCES; Product Index; Infographics; Filter A National Award from the Department of Science and Technology,Government of India for successful commercialization of publicly funded R & D. In 2002, he received another Lifetime Achievement award from Express Pharma Pulse. It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. He was the first Indian to have founded a pharmaceutical company. 100,000,000 and its paid up capital is Rs. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients.For 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 150 countries. It is currently India’s number one biotechnology MNC. [27] Cipla spent INR 517 cr. Dr. Hamied was elected a Fellow of Christ's College, Cambridge, UK in 2004. Cipla has 34 manufacturing units in 8 locations across India and a presence in over 80 countries. Cipla has eight medicine brands amongst top 100 domestic brands and 22 among top 300 brands. It was registered with a capital of Rs. As on 31 March 2013, the company had 22,036 employees (out of which 2,455 were women (7.30%) and 23 were employees with disabilities (0.1%)). The name of the Company was changed to 'Cipla Limited' on 20 July 1984. [45] India reinstated patents on drugs in 2005. It has acquired Cipla-Medpro in the year 2013, which is a South African pharma company, and at present uses it as a subsidiary. Cipla is a market-leading medicine maker in India. [4] During the FY 2013–14, the company incurred ₹1,285 crore (equivalent to ₹17 billion or US$230 million in 2019) on employee benefit expenses. [15] The company had been founded in 2002 and was known as Enaleni Pharmaceuticals Ltd.[17] In 2005, Enaleni bought all the shares of Cipla-Medpro, which had been a joint venture between Cipla and Medpro Pharmaceuticals, a South African generics company,[18] and in 2008 it changed its name to Cipla-Medpro. Taking franchise of a pharma company is at boom everywhere around the world. [41][42], In the late 1960s, Cipla began manufacturing a new, patented drug, propranolol, without the permission of the drug's patent holder, Imperial Chemical Industries (ICI), which protested to the Indian government. The company's products comprise of API, Formulations and Veterinary. [13] Home; Medicine Lists; CIPLA Medicine List; August 19, 2014. by sandeep. [43] so that Cipla could go ahead and produce as many low-priced generic drugs for the poor as possible. Cipla primarily develops medicines to treat respiratory, cardiovascular disease, arthritis, diabetes, weight control and depression; other medical conditions. Raveshnee Kanniah, says: “I work in quality control and my job is a passion for me. Apart from its presence in the Indian market, Cipla also has an export market and regularly exports to more than 185 countries in all corners of the world.Cipla's product range includes Pharmaceuticals, Animal Health Care Products, OTC, Bulk Drugs, Flavours & Fragrances, and Agrochemicals. CIPLA Medicine List. For 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 150 countries. A watershed moment in the AIDS epidemic was 20 years ago when Indian drug major Cipla started manufacturing and providing a triple cocktail medicine for AIDS at roughly $1 a day, a fraction of the existing treatment price at the time. The following is a list of Cipla generic medicines that are exported from India to other countries in the world. [14], In 2013 Cipla acquired the South African company Cipla-Medpro, kept it as a subsidiary, and changed its name to Cipla Medpro South Africa Limited. Cipla chairman Y K Hamied. Around 148,000 individual shareholders held approx. Cipla Limited is an Indian multinational pharmaceutical company, headquartered in Mumbai, India. The company has a vast portfolio with more than 1,500 products in the market. Cipla was founded by Dr. K. A. Hamied when it was 1935. [11] In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. Cipla, the domestic market leader in respiratory and urology segments, did well during the second quarter of 2020-21. [15][16] At the time of the acquisition Cipla-Medpro had been a distribution partner for Cipla and was South Africa's third biggest pharmaceutical company. The name of the Company was changed to 'Cipla Limited' on 20 July 1984. [27], As of 30 September 2014, the promoter group, Y. K. Hamied and his family held around 36.80% equity shares in Cipla. [33], In August 2007, Cipla launched an emergency contraception drug "i-pill" sold over the counter,[40] which was controversial with regard to its being available without a prescription and the large amount of drug contained per dose. Want to know how it … Meet The Cipla people at our Durban Factory. Their vision ‘None shall be denied’ comes with a goal to ensure that every patient has access to high quality, affordable medicine … Khwaja Abdul Hamied was the founder of this pharmaceutical company. 1979 - The Company acquired a plot of land from MIDC at Patalganga in Kulaba … [43], Indian multinational pharmaceutical company, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Cipla Consolidated Profit & Loss account, Cipla Financial Statement & Accounts", "Cipla Consolidated Balance Sheet, Cipla Financial Statement & Accounts", http://www.thehindubusinessline.com/companies/how-a-little-blue-pill-changed-ciplas-fortunes/article5670851.ece, Cipla to sell MSD’s HIV drug in India | Business Line, Cipla, Hetero to roll out biosimilar drug | Business Line, "Cipla appoints Dr Raju Mistry as Global Chief People Officer", "Indian drug company offers cheap AIDS drugs", "Cipla completes acquisition of South Africa's Cipla Medpro", "Enaleni Pharmaceuticals Limited Prospectus 2005", "The ability of select sub-Saharan African countries to utilise TRIPs Flexibilities and Competition Law to ensure a sustainable supply of essential medicines: A study of producing and importing countries", "South Africa: Enaleni Takes Name of Its Unit Cipla-Medpro", "AIDS Healthcare Foundation Campaign Challenges Cipla Over Drug Pricing in India", "India gives Hetero Labs and Cipla approval to make Gilead's COVID-19 drug", "Coronavirus drug: Cipla launches Cipremi's, claims it is the cheapest Remdesivir", "Coronavirus drug: Cipla ramps up production of antiviral remdesivir amid demand spurt", "Download List of CNX Nifty stocks (.csv)", "Shareholding pattern as on 30th September, 2013", "CIPLA - Shareholding belonging to the category : "Public and holding more than 1% of the Total No.of Shares, DBT, Cipla get Thomson Reuters India innovation awards, Lupin, Sun Pharma and Cipla amongst tops most reputed pharma brand list, "Heart-warming story of the Hamieds, who set up CIPLA and have been saving lives", "Indian Generic Drug Maker Targets Sad Americans", https://en.wikipedia.org/w/index.php?title=Cipla&oldid=999668916, Companies listed on the Bombay Stock Exchange, Pharmaceutical companies established in 1935, Articles with dead external links from November 2019, Articles with permanently dead external links, Short description is different from Wikidata, Articles with a promotional tone from June 2017, Wikipedia articles with style issues from June 2017, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License. Once permitted to work, he realized that every major drug he wanted to manufacture was covered by patents, export was nearly impossible, and the domestic market largely belonged to the MNCs. Just fourteen kilometres from Durban’s CBD is Cipla’s MCC-approved GMP factory, a sprawling and very sophisticated facility. Cipla is a leading pharmaceutical from India with presence across the world. Cipla | 456,631 followers on LinkedIn. Cipla, under Yusuf's leadership played a major role in creating substitutes for imports, changing it into a self sufficient enterprise and placing it at the position of high quality exports. It also offers technology for creating new products and processes. Cipla is a drug manufacturing company that focuses on a variety of pharmaceutical products. [5], As of 17 September 2014, its market capitalisation was ₹49,611.58 crore (equivalent to ₹530 billion or US$7.5 billion in 2019), making it India's 42nd largest publicly traded company by market value. This major development acted out as a boon to the Indian pharma industry. Here you know the basic differences for PCD Pharma and Pharma Franchise. He had to take permission from the government to work in his father's company, due to the prevailing 'British raj'. In 2012, Cipla received the Thomson Reuters India Innovation Award. This company is the market leader of Semi-Synthetic Penicillins. Cipla also cooperates with other enterprises in areas such as consulting, commissioning, engineering, project appraisal, quality control, know-how transfer, support, and plant supply. India's leading drug-maker and forbes billionaire, Yusuf Hamied is present in the pharmaceutical business for 48 years, and has earned respect for himself at national and international level. Address 289 JBB Marg, Mumbai Central City Mumbai State Maharashtra PIN Code 400008 Medicines Manufactured by Cipla Limited. Under Yusuf's leadership, Cipla became the first company to offer the triple drug cocktail, Triomune that helps fight against HIV and AIDS at prices lower than those available internationally. It was established in 1935 as Chemical Industrial & Pharmaceutical Laboratories Ltd and changed to its current name in 1984. For over 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 100 countries. [31] Its Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange. [44] But the changes made led to criticism of both India's patent laws and Cipla. Cipla Ltd. is generic pharmaceutical company. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. I believe that at Cipla, … If you want to order any medicine, call us on 9266229292 or send us an email at mail@omsi.in or use contact us. Cipla Health Limited is a Public incorporated on 27 August 2015. [32] LIC is the largest non-promoter shareholder with approx. The company was instrumental in helping control the epidemic, especially in Africa. The country's highest civilian award, the Padma Bhushan by the President Dr. A.P.J Abdul Kalam in 2005. Over last 3.5 years of being with the Company, I have worked across 4 very different roles - from Business Finance to M&A to now leading the Global CFO’s Office and Investor Relations for the Company. Now a leading global healthcare company, having treating many millions of patients across 170 countries, Cipla are still driving prices down for much-needed medications. The future plans of the company include working towards acquiring biologics expertise. [27], The equity shares of Cipla are listed on the Bombay Stock Exchange,[28] where it is a constituent of the BSE SENSEX index,[29] and the National Stock Exchange of India,[30] where it is a constituent of the CNX Nifty. Cipla’s journey began in 1935 when our founder, Dr K A Hamied, set up an enterprise with the vision to make India self-sufficient in healthcare. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. [27] The primary focus areas for R&D were development of new formulations, drug-delivery systems and APIs (active pharmaceutical ingredients). Born on born 1936, Yusuf Khwaja Hamied is the Chairman of Cipla and an Indian Scientist. Hence, with the agenda of changing India's patent laws; he formed the Indian Drug Manufactures Association in 1961. Cipla was founded by Dr. K.A. Its authorized share capital is Rs. 18.67% of its shares. Cipla Generic Medicines, Products List Cipla is a global pharmaceutical company that produces high quality medicines to treat Cancer, Hepatitis, HIV/AIDS, Diabetes, Cardiovascular Disease, Arthritis and other medical conditions. Recently, it made a $65 million investment in Goa in. At 74, Dr Hamied is set to undertake it with the old zeal and confidence. Cipla is based in Mumbai. Cipla. If you are looking for, take franchise of a pharma company in India then it takes efforts to start the business and achieve success. Hamied with the sole purpose of making healthcare accessible to all. Manufacture Name: CIPLA Compositions: Ofloxacin 200mg+ Tinidazole 600mg f.c.tablets, Ofloxacin 50mg+ Tinidazole 150mg/5ml oral suspension, View Details Cipla maintains its focus on three main therapeutic areas: respiratory, urology, and antiretroviral. It is one of the largest medicinal as well. Cipla won Dun & Bradstreet American Express Corporate Awards in 2006. [4] They are the world's largest manufacturer of antiretroviral drugs[20][21], In July 2020, the company announced the introduction of Gilead Sciences' Remdesivir under the brand name CIPREMI in India after reaching a voluntary licensing agreement with parent company[22] and DCGI approval for "restricted emergency use" in COVID-19 treatment of critical confirmed patients.[23][24]. (5.4% of revenue) in FY 2013–14 on R&D activities. Cipla Ltd has priced its generic version of remdesivir, Cipremi, at Rs 4,000 ($53.34) per 100 mg vial, the Indian drugmaker said on Wednesday, making it among the lowest priced versions of the COVID-19 treatment available so far globally. In 1995, Cipla launched Deferiprone, the world's first oral iron … Cipla already distributes Swiss company Roche’s anti-inflammatory drug Actemra in India, which can be used in patients with severe lung problems, Yusuf Hamied added. It has made a major claim that every third third person treated in Africa of AIDS, intakes Cipla drugs. Two Chemexcil Awards for exports (1979 and 1982). Shreyas Pharmaceuticals Distributors - Cipla Generic Medicines, Mankind Generic Medicines & Ranbaxy Generic Medicine Wholesale Distributor from Dharwad, Karnataka, India The CEO of Cipla reached the government of Indira Gandhi to change India's patent laws to eliminate patents that directly covered drugs, and instead to allow only patents that covered methods to make drugs. Indian drugmaker Cipla Ltd will price its generic version of Gilead Sciences Inc's antiviral drug remdesivir for use in COVID-19 patients at less than 5,000 rupees ($66), the company said. Currently there are no topics under this speciality. His initial salary was set at 1500 for 3 years, and he received his first salary only after working for a full one year. Cipla had earlier said pricing would not exceed 5,000 rupees. In 1960, Dr. Hamied joined Cipla limited as an officer-in-charge of research and development. Yusuf Khwaja Hamied (born 25 July 1936) is a Polish-born-Indian scientist, billionaire businessman, the chairman of Cipla, a generic pharmaceuticals company founded by his father Khwaja Abdul Hamied in 1935. The founder gave all his patents and proprietary formulas of drugs and medicines to the company, without charging any royalty for it, bringing out his selfless love and sincerity towards it. The inventions that are made by Cipla … The bulk of its sales are generated in India, [12] Led by the founder's son Yusuf Hamied, a Cambridge-educated chemist, the company provided generic AIDS and other drugs to treat poor people in the developing world. The company has roughly 1,500 pharmaceutical products in more than 60 therapeutic categories. Parc du Cap Office Park, Building 9, Mispel Street, Bellville, 7530 Customer Care: 080 222 6662 Fraud and Ethics Hotline: 0800 21 21 51 Contact Us Led by the founder's son Yusuf Hamied, a Cambridge-educated chemist, the company provided generic AIDS and other drugs to treat poor people in the developing world. Today, the country is a major supplier of API and formulations, along with highest number of FDA certified manufacturing plants. It reported y-o-y revenue and adjusted net profit growth of 15% and 41% respectively in this time period. 6 lakhs as a public limited company. Today, Cipla is amongst world's largest producers of low-cost antiretroviral drugs for AIDS. This page was last edited on 11 January 2021, at 09:44. In 1990's, he set up a care unit for cancer patients in Pune, providing them comfort. With the protocol 'Caring for life', Cipla, has achieved many milestones in the field of medicine, pharmacy and parmacology. [10] In 2001, Cipla offered medicines (antiretrovirals) for HIV treatment at a fractional cost (less than $350 per year per patient). The company has distributed 20,000 doses of the drug between five states and told the BBC that it wasn't sure how the "leakage" was happening. It is estimated by a Fitch Group company named India Rating that the Indian pharmaceutical industry will … 4. 24,010,130. The top 8 to 10 companies including Sun Pharma, Lupin, Dr. Reddy’s Labs and Cipla occupy 70 to 80 percent of the Indian pharmaceutical market space. For me ( 5.4 % of revenue ) in 1935 by setting up Chemical, Industrial & pharmaceutical Ltd! To take permission from the government to work in quality control and my job a! Biologics expertise was the founder of this pharma company is at boom everywhere around the world to criticism both! Chairman Y K Hamied inventions that are exported from India to other countries in the world `` we have given... 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