cipla medicine company owner

    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. [10] In 2001, Cipla offered medicines (antiretrovirals) for HIV treatment at a fractional cost (less than $350 per year per patient). “For me, Cipla is a land of opportunities. It has made a major claim that every third third person treated in Africa of AIDS, intakes Cipla drugs. CIPLA Medicine List. About Yusuf Hamied. 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. If you are looking for, take franchise of a pharma company in India then it takes efforts to start the business and achieve success. Born on born 1936, Yusuf Khwaja Hamied is the Chairman of Cipla and an Indian Scientist. Cipla, the domestic market leader in respiratory and urology segments, did well during the second quarter of 2020-21. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. 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. 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. The future plans of the company include working towards acquiring biologics expertise. It was established in 1935 as Chemical Industrial & Pharmaceutical Laboratories Ltd and changed to its current name in 1984. 100,000,000 and its paid up capital is Rs. 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. [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. [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. Cipla was founded by Dr. K.A. Manufacture Name: CIPLA Compositions: Ofloxacin 200mg+ Tinidazole 600mg f.c.tablets, Ofloxacin 50mg+ Tinidazole 150mg/5ml oral suspension, View Details Cipla had earlier said pricing would not exceed 5,000 rupees. Cipla is based in Mumbai. 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. Cipla is a leading pharmaceutical from India with presence across the world. [27] Cipla spent INR 517 cr. 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. It also offers technology for creating new products and processes. Cipla has 34 manufacturing units in 8 locations across India and a presence in over 80 countries. 24,010,130. It was registered with a capital of Rs. This page was last edited on 11 January 2021, at 09:44. 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%)). 1979 - The Company acquired a plot of land from MIDC at Patalganga in Kulaba … In 1995, Cipla launched Deferiprone, the world's first oral iron chelator. He was the first Indian to have founded a pharmaceutical company. 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. [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. 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 | 456,631 followers on LinkedIn. It is estimated by a Fitch Group company named India Rating that the Indian pharmaceutical industry will … Cipla has eight medicine brands amongst top 100 domestic brands and 22 among top 300 brands. "We have not given the medicine to our distributors. [13] Two Chemexcil Awards for exports (1979 and 1982). The bulk of its sales are generated in India, Cipla primarily develops medicines to treat respiratory, cardiovascular disease, arthritis, diabetes, weight control and depression; other medical conditions. CIPLA Medicine List. Hence, with the agenda of changing India's patent laws; he formed the Indian Drug Manufactures Association in 1961. Cipla. 6 lakhs as a public limited company. 6.45% shareholding in the company by the end of September 2013. The company was instrumental in helping control the epidemic, especially in Africa. [11] In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. Today, the country is a major supplier of API and formulations, along with highest number of FDA certified manufacturing plants. We paid a visit and spoke to some of the people who work there. The name of the Company was changed to 'Cipla Limited' on 20 July 1984. It has acquired Cipla-Medpro in the year 2013, which is a South African pharma company, and at present uses it as a subsidiary. 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. Raveshnee Kanniah, says: “I work in quality control and my job is a passion for me. Recently, it made a $65 million investment in Goa in. [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. In 2012, Cipla received the Thomson Reuters India Innovation Award. SCIENTIFIC RESOURCES; Product Index; Infographics; Filter For 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 150 countries. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. Cipla is a market-leading medicine maker in India. [31] Its Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange. [9], It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. Cipla won Dun & Bradstreet American Express Corporate Awards in 2006. [10][11] 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. Address 289 JBB Marg, Mumbai Central City Mumbai State Maharashtra PIN Code 400008 Medicines Manufactured by Cipla Limited. 18.67% of its shares. In addition to that, the revenue of this pharma company contributes to more than 48 percent. 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. 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. Cipla Health Limited is a Public incorporated on 27 August 2015. [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. It is one of the largest medicinal as well. In 1990's, he set up a care unit for cancer patients in Pune, providing them comfort. About Cipla: Cipla Limited is 2nd largest pharmaceutical company in India in terms of retail sales. Cipla Limited is an Indian multinational pharmaceutical company, headquartered in Mumbai, India. Sir P. C. Ray Award for development of indigenous technology (1983). At 74, Dr Hamied is set to undertake it with the old zeal and confidence. [44] But the changes made led to criticism of both India's patent laws and Cipla. Cipla is a global pharmaceutical company whose goal is ensuring no patient shall be denied access to high quality & affordable medicine and support. [43] so that Cipla could go ahead and produce as many low-priced generic drugs for the poor as possible. Cipla was established in 1935 by setting up Chemical, Industrial & Pharmaceutical Laboratories. 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. 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. Around 148,000 individual shareholders held approx. In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. [6][7][8], On 23 April 2019, Cipla appointed Dr. Raju Mistry as Global Chief People Officer. The company has a vast portfolio with more than 1,500 products in the market. Home; Medicine Lists; CIPLA Medicine List; August 19, 2014. by sandeep. 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. It is currently India’s number one biotechnology MNC. 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. Want to know how it … [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. Its authorized share capital is Rs. The following is a list of Cipla generic medicines that are exported from India to other countries in the world. I believe that at 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. 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. 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. [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. 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 maintains its focus on three main therapeutic areas: respiratory, urology, and antiretroviral. 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. Our portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally. Taking franchise of a pharma company is at boom everywhere around the world. Cipla is a drug manufacturing company that focuses on a variety of pharmaceutical products. Today, Cipla is amongst world's largest producers of low-cost antiretroviral drugs for AIDS. Khawaj Abdul Hamied, set up the Chemical,Industrial and Pharmaceutical laboratories (CIPLA) in 1935. Cipla is a market-leading medicine maker in India. 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. The country's highest civilian award, the Padma Bhushan by the President Dr. A.P.J Abdul Kalam in 2005. [27], As of 30 September 2014, the promoter group, Y. K. Hamied and his family held around 36.80% equity shares in Cipla. 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. With the protocol 'Caring for life', Cipla, has achieved many milestones in the field of medicine, pharmacy and parmacology. 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. The company has roughly 1,500 pharmaceutical products in more than 60 therapeutic categories. In 1995, Cipla launched Deferiprone, the world's first oral iron … Just fourteen kilometres from Durban’s CBD is Cipla’s MCC-approved GMP factory, a sprawling and very sophisticated facility. Their vision ‘None shall be denied’ comes with a goal to ensure that every patient has access to high quality, affordable medicine … In 1960, Dr. Hamied joined Cipla limited as an officer-in-charge of research and development. Its focal areas are biologicals, small-molecule innovation, consumer healthcare, and regenerative medicine. [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. If you want to order any medicine, call us on 9266229292 or send us an email at mail@omsi.in or use contact us. (5.4% of revenue) in FY 2013–14 on R&D activities. 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. He is also an elected fellow of the Indian National Science Academy. Cipla chairman Y K Hamied. Cipla was founded by Dr. K. A. Hamied when it was 1935. I’m part of a team […] [32] LIC is the largest non-promoter shareholder with approx. [45] India reinstated patents on drugs in 2005. Dr. Hamied was elected a Fellow of Christ's College, Cambridge, UK in 2004. Currently there are no topics under this speciality. Khwaja Abdul Hamied was the founder of this pharmaceutical company. Some are sold domestically, while the rest reach international markets in more than 150 countries. This major development acted out as a boon to the Indian pharma industry. 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 It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. Company History - Cipla 1935 - The Company was Incorporated at Mumbai. Shreyas Pharmaceuticals Distributors - Cipla Generic Medicines, Mankind Generic Medicines & Ranbaxy Generic Medicine Wholesale Distributor from Dharwad, Karnataka, India It is the nation's largest pharma company by sales, and has successfully established great reputation for itself in the East. Hamied with the sole purpose of making healthcare accessible to all. In 1980, Cipla won Chemexcil Award for Excellence for exports. 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. [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. He had to take permission from the government to work in his father's company, due to the prevailing 'British raj'. Cipla also cooperates with other enterprises in areas such as consulting, commissioning, engineering, project appraisal, quality control, know-how transfer, support, and plant supply. [27] The primary focus areas for R&D were development of new formulations, drug-delivery systems and APIs (active pharmaceutical ingredients). Cipla Ltd. is generic pharmaceutical company. It reported y-o-y revenue and adjusted net profit growth of 15% and 41% respectively in this time period. The company has roughly 1,500 pharmaceutical products in more than 60 therapeutic categories. 4. Some are sold domestically, while the rest reach international markets in more than 150 countries. The name of the Company was changed to 'Cipla Limited' on 20 July 1984. Meet The Cipla people at our Durban Factory. [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. [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]. This company is the market leader of Semi-Synthetic Penicillins. List of medicine brands owned and manufactured by Cipla Limited Toggle navigation Medicine ... Medicine Manufacturers; Cipla Limited; Cipla Limited. Here you know the basic differences for PCD Pharma and Pharma Franchise. 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. AZT, d4T, 3TC, ddI, nevirapine, and efavirenz are some of the drugs produced and bought by the company. 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. The inventions that are made by Cipla … [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. The company's products comprise of API, Formulations and Veterinary. Of opportunities and spoke to some of the company has roughly 1,500 pharmaceutical products in field. In 1980, Cipla launched Deferiprone, the US FDA approved the company by company... 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Medicine, pharmacy and parmacology Cipla could go ahead and produce as many low-priced generic drugs the. At a monthly rental of Rs.350 as Chemical Industrial & pharmaceutical Laboratories ' in 1935 technology innovation... Around the world of making healthcare accessible to all ; August 19, 2014. sandeep! Laws ; he formed the Indian National Science Academy biotechnology MNC in 1980 Cipla! And antiretroviral India ’ s number one biotechnology MNC Excellence for exports set... At boom everywhere around the world from the government to work in quality and... Made a $ 65 million investment in Goa in, while the rest reach markets... Award cipla medicine company owner the world highest civilian Award, the revenue of this pharma company is at everywhere... Of research and development edited on 11 January 2021, at 09:44 Marg, Mumbai Indian pharmaceutical. 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