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[19] [20] In October 2017, the acquisition of 74% stake of Gland Pharma was completed. [1]: 35–36 In September 2017, Israeli subsidiary Sisram Medical (parent company of Alma Lasers) was spin-off as a separate listed company on the Stock Exchange of Hong Kong. [21] As of 31 December 2017, Fosun Pharma owned Sisram Medical 52.83% shares.
This pharma city foundation stone was laid by Y. S. Rajasekhara Reddy, then Chief Minister of Andhra Pradesh. [2] It is a pharma product SEZ and Andhra Pradesh State largest Pharma SEZ spread over 2143 acres. Most all multi-national pharma companies started their operations here, like Hospira, Hetero, Shasun, Natco, Eisai, Mylan, Biocon, GVK ...
Glenmark Pharmaceuticals announced that it entered into an exclusive licensing agreement with Australia's Sequirus to commercialize its nasal spray Ryaltris [15] which is a fixed-dose combination nasal spray of an antihistamine and a steroid, as a treatment for seasonal allergic rhinitis (SAR).
Fosun International Limited is a Chinese multinational conglomerate holding company. [4] Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004.
The company's first international move took it to Russia in 1992. There, Dr. Reddy's formed a joint venture with the country's biggest pharmaceuticals producer, Biomed.They pulled out in 1995 amid accusations of scandal, involving "a significant material loss due to the activities of Moscow's branch of Reddy's Labs with the help of Biomed's chief executive". [8]
Maisigandi Maisamma Mandiram Kadthal is located in Kadthal Mandal, Maisigandi village. [1] Maisigandi is a small village along the Srisailam Hyderabad highway. [2] The temple of Maisamma (local name for Goddess Mahakali) is just in the outskirts of Maisigandi village.
Torrent Pharmaceuticals was established in 1959 by U. N. Mehta as Trinity Laboratories. It was renamed as Torrent Pharmaceuticals in 1971. [5]In 1997, Torrent Pharma and Sanofi established a 50:50 joint venture called Sanofi Torrent for selling Torrent Pharma's products. [6]
Granules India Limited is an Indian multinational pharmaceutical manufacturing company based in Hyderabad.Granules manufactures several off-patent drugs, including Paracetamol, Ibuprofen, Metformin and Guaifenesin, on a large scale for customers in the regulated and rest of the world markets.