Innovation in Cipla

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  • Topic: Antiretroviral drug, Reverse transcriptase inhibitor, Chemotherapy
  • Pages : 3 (962 words )
  • Download(s) : 78
  • Published : January 8, 2013
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Introduction:
It was founded by nationalist Indian scientist Khwaja Abdul Hamied as The Chemical, Industrial & Pharmaceutical Laboratories in 1935, with a vision to make India self-sufficient in supplying medicine to its people. It is one of the world’s largest generic companies with over 2,000 products, 65 therapeutic categories, over 40 dosage forms. Cipla makes drugs to treat cardiovascular disease, arthritis, diabetes, weight control, depression and many other health conditions, and its products are distributed in virtually every country of the world. Cipla is the world's largest manufacturer of antiretroviral drugs to fight HIV/AIDS. It has 34 state-of-the-art manufacturing facilities approved by major international regulatory agencies. Continuous innovation and R&D has been the characteristic of Cipla. Cipla exports to more than 185 countries in all corners of the world. Company’s philosophy: “We believe there’s no use in developing life-saving medicines if we can’t make them affordable for the patient” Cipla has always emphasized self-reliance and the right of all people to health and access to medicine, regardless of their economic circumstances or where in the world they happen to live. Revenue: Rs.6,977.50 crore (US$1.27 billion)

Chairman: Y. K. Hamied

Milestones:
1935: Dr K A Hamied sets up "The Chemical, Industrial and Pharmaceutical Laboratories Ltd." in a rented bungalow at Bombay Central. 1941: As the Second World War cuts off drug supplies, the company starts producing fine chemicals, dedicating all its facilities to the war effort. 1952: Sets up first research division for attaining self-sufficiency in technological development. 1960: Starts operations at second plant at Vikhroli, Mumbai, producing fine chemicals with special emphasis on natural products. 1968: Cipla manufactures ampicillin for the first time in the country. 1972: Starts Agricultural Research Division at Bangalore, for scientific cultivation of medicinal plants....
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