With the protocol 'Caring for life', Cipla, has achieved many milestones in the field of medicine, pharmacy and parmacology. [44] But the changes made led to criticism of both India's patent laws and Cipla. Company History - Cipla 1935 - The Company was Incorporated at Mumbai. It has acquired Cipla-Medpro in the year 2013, which is a South African pharma company, and at present uses it as a subsidiary. [9], It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. [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. Manufacture Name: CIPLA Compositions: Ofloxacin 200mg+ Tinidazole 600mg f.c.tablets, Ofloxacin 50mg+ Tinidazole 150mg/5ml oral suspension, View Details Sir P. C. Ray Award for development of indigenous technology (1983). 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. Its focal areas are biologicals, small-molecule innovation, consumer healthcare, and regenerative medicine. [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. [10][11] [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. [11] In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. Born on born 1936, Yusuf Khwaja Hamied is the Chairman of Cipla and an Indian Scientist. 1979 - The Company acquired a plot of land from MIDC at Patalganga in Kulaba … Khwaja Abdul Hamied was the founder of this pharmaceutical company. In 1995, Cipla launched Deferiprone, the world's first oral iron … In the year 1985, the US FDA approved the company's bulk drug manufacturing facilities. [45] India reinstated patents on drugs in 2005. Here you know the basic differences for PCD Pharma and Pharma Franchise. [13] Want to know how it … Today, Cipla is amongst world's largest producers of low-cost antiretroviral drugs for AIDS. Cipla has 34 manufacturing units in 8 locations across India and a presence in over 80 countries. Cipla is a global pharmaceutical company whose goal is ensuring no patient shall be denied access to high quality & affordable medicine and support. He is also an elected fellow of the Indian National Science Academy. It is one of the largest medicinal as well. 4. 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 Medicine List. It reported y-o-y revenue and adjusted net profit growth of 15% and 41% respectively in this time period. It has made a major claim that every third third person treated in Africa of AIDS, intakes Cipla drugs. 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. [27] The primary focus areas for R&D were development of new formulations, drug-delivery systems and APIs (active pharmaceutical ingredients). The following is a list of Cipla generic medicines that are exported from India to other countries in the world. Cipla also cooperates with other enterprises in areas such as consulting, commissioning, engineering, project appraisal, quality control, know-how transfer, support, and plant supply. 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. Cipla, the domestic market leader in respiratory and urology segments, did well during the second quarter of 2020-21. Home; Medicine Lists; CIPLA Medicine List; August 19, 2014. by sandeep. Cipla is a market-leading medicine maker in India. (5.4% of revenue) in FY 2013–14 on R&D activities. [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. 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 6.45% shareholding in the company by the end of September 2013. [6][7][8], On 23 April 2019, Cipla appointed Dr. Raju Mistry as Global Chief People Officer. [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]. It is the nation's largest pharma company by sales, and has successfully established great reputation for itself in the East. Two Chemexcil Awards for exports (1979 and 1982). 100,000,000 and its paid up capital is Rs. Some are sold domestically, while the rest reach international markets in more than 150 countries. About Yusuf Hamied. Today, the country is a major supplier of API and formulations, along with highest number of FDA certified manufacturing plants. The company was instrumental in helping control the epidemic, especially in Africa. It was registered with a capital of Rs. 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. Shreyas Pharmaceuticals Distributors - Cipla Generic Medicines, Mankind Generic Medicines & Ranbaxy Generic Medicine Wholesale Distributor from Dharwad, Karnataka, India Their vision ‘None shall be denied’ comes with a goal to ensure that every patient has access to high quality, affordable medicine … In 1995, Cipla launched Deferiprone, the world's first oral iron chelator. [43] so that Cipla could go ahead and produce as many low-priced generic drugs for the poor as possible. Cipla Limited is an Indian multinational pharmaceutical company, headquartered in Mumbai, India. 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. 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. 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. Cipla was founded by Dr. K.A. Taking franchise of a pharma company is at boom everywhere around the world. Cipla Ltd. is generic pharmaceutical company. Hence, with the agenda of changing India's patent laws; he formed the Indian Drug Manufactures Association in 1961. "We have not given the medicine to our distributors. Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. 6 lakhs as a public limited company. Cipla won Dun & Bradstreet American Express Corporate Awards in 2006. 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. 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. [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. Our portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally. In 1990's, he set up a care unit for cancer patients in Pune, providing them comfort. Just fourteen kilometres from Durban’s CBD is Cipla’s MCC-approved GMP factory, a sprawling and very sophisticated facility. The future plans of the company include working towards acquiring biologics expertise. I’m part of a team […] [31] Its Global Depository Receipts (GDRs) are listed on the Luxembourg Stock Exchange. [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. 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. Cipla is based in Mumbai. 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. [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 currently India’s number one biotechnology MNC. His initial salary was set at 1500 for 3 years, and he received his first salary only after working for a full one year. [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. It is estimated by a Fitch Group company named India Rating that the Indian pharmaceutical industry will … The bulk of its sales are generated in India, 18.67% of its shares. 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. 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. [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. Cipla is a leading pharmaceutical from India with presence across the world. Cipla has eight medicine brands amongst top 100 domestic brands and 22 among top 300 brands. [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. About Cipla: Cipla Limited is 2nd largest pharmaceutical company in India in terms of retail sales. Currently there are no topics under this speciality. [32] LIC is the largest non-promoter shareholder with approx. In 1980, Cipla won Chemexcil Award for Excellence for exports. [27] Cipla spent INR 517 cr. For 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 150 countries. 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. “For me, Cipla is a land of opportunities. It was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in 1935 in Mumbai. At 74, Dr Hamied is set to undertake it with the old zeal and confidence. The country's highest civilian award, the Padma Bhushan by the President Dr. A.P.J Abdul Kalam in 2005. 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. An elected fellow of Christ 's cipla medicine company owner, Cambridge, UK in 2004 itself! Chemical, Industrial and pharmaceutical Laboratories cipla medicine company owner in 1935 in Mumbai led to criticism of both 's! 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