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Trend Analysis
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Profile
Founder: Late Samprada Singh
Founded: 1973
Headoffice: Mumbai, Maharashtra
Number of employees: 15000+
Company's product: pharmaceutical generics, formulations, and nutraceuticals
Overview
- It is a multinational Pharmaceutical company.
- The Company has 43 years of experience in the industry.
- 26 October 1988:The company name was changed to 'Alkem Laboratories Limited.
- It is the 5th largest pharmaceutical Company in India.
Some of the Milestones
- 1973: Incorporation of the Company.
- 1978: Established its first plant at Taloja, Maharashtra.
- 1988: It considered a deemed public limited company.
- 1992: Initiate its manufacturing facility in Mandwa, Maharashtra. This specific facility converted into an API facility in 2005.
- 1998: Kachigam manufacturing facility in Gujarat.
- 2001: Both Startronic Pharmachem Private Limited and Indo Propkem amalgamated with the Company.
- 2002: Amaliya manufacturing facility in Gujarat.
- 2003: Research and development facility at Taloja, Maharashtra.
- 2005: Settled its manufacturing facility in Baddi, Himachal Pradesh.
- 2006: The first drug in the Indian pharmaceutical industry to cross 1,000 million in domestic sales in India. (anti-infective drug Taxim)
- 2007: Its manufacturing facility located in Kumrek, Sikkim Established.
- 2008: First ANDA filed in the United States for the drug, Amlodipine
- 2009: It acquired Pharmacor, a generic pharma company in Australia.
- 2010: Acquired The PharmaNetwork, LLC, holding company of Ascend Laboratories
- 2011: Acquired Enzene Biosciences Limited.
- 2012: An API manufacturing facility in the United States.
- 2014: It also acquired the Clindac drug.
- 2015: A formulation manufacturing facility in the United States.
Some of the Achievements
- 2002: Pharma Business and Technology Excellence Award as 'India's Most Esteemed Pharmaceutical Company.'
- 2004: Pharma Business and Technology Excellence Award for the successful brand.
- 2005: Overall Performance for Group B at the 5th Express Pharma Awards
- 2009: Certificate of appreciation for outstanding export performance supported by the Ministry of Commerce and Industry.
- 2011: Certificate of 'Formulation Experts' by the Pharmaceuticals Export.
- 2013: India's most admired pharma company.
- 2014: 'Clavam' was awarded as the 'Brand of the Year'.
- 2016: The HR Tech award for Best use of technology in Human Resources by World HRD Congress.
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