Ajanta Pharma: Difference between revisions
Adding local short description: "Indian pharmaceutical company established in 1973.", overriding Wikidata description "Kamagra" (Shortdesc helper) |
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=== Patent applications in India === |
=== Patent applications in India === |
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* 1999—[[iarchive:in.gazette.1999.192/page/n3|Gazette of India, 18 September 1999, p. 843]]; [[iarchive:in.gazette.central.w.2000-02-26.203/page/n5|Gazette of India, 26 February 2000, p. 116]]; [[iarchive:in.gazette.central.w.2000-03-04.200/page/n4|Gazette of India, 4 March 2000, p. 123]]; [[iarchive:in.gazette.2001.466/page/n21|Gazette of India, 20 October 2001, p. 1886]] |
* 1998—[[iarchive:in.gazette.central.w.1998-10-31.5368/page/n10|Gazette of India, 31 October 1998, p. 1087]] |
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*1999—[[iarchive:in.gazette.1999.192/page/n3|Gazette of India, 18 September 1999, p. 843]]; [[iarchive:in.gazette.central.w.2000-02-26.203/page/n5|Gazette of India, 26 February 2000, p. 116]]; [[iarchive:in.gazette.central.w.2000-03-04.200/page/n4|Gazette of India, 4 March 2000, p. 123]]; [[iarchive:in.gazette.2001.466/page/n21|Gazette of India, 20 October 2001, p. 1886]] |
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* 2000—[[iarchive:in.gazette.2000.157/page/n11|Gazette of India, 24 June 2000, p. 477]]; [[iarchive:in.gazette.2001.245/page/n11|Gazette of India, 30 June 2001, p. 867]]; [[iarchive:in.gazette.2000.174/page/n1|Gazette of India, 14 October 2001, p. 975]]; [[iarchive:in.gazette.2002.161/page/n53|Gazette of India, 8 June 2002, p. 1178]]; [[iarchive:in.gazette.2003.496/page/n159|Gazette of India, 6 September 2003, p. 4006]] |
* 2000—[[iarchive:in.gazette.2000.157/page/n11|Gazette of India, 24 June 2000, p. 477]]; [[iarchive:in.gazette.2001.245/page/n11|Gazette of India, 30 June 2001, p. 867]]; [[iarchive:in.gazette.2000.174/page/n1|Gazette of India, 14 October 2001, p. 975]]; [[iarchive:in.gazette.2002.161/page/n53|Gazette of India, 8 June 2002, p. 1178]]; [[iarchive:in.gazette.2003.496/page/n159|Gazette of India, 6 September 2003, p. 4006]] |
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*2001—[[iarchive:in.gazette.2003.478/page/n83|Gazette of India, 29 March 2003, p. 1200]] |
*2001—[[iarchive:in.gazette.2003.478/page/n83|Gazette of India, 29 March 2003, p. 1200]] |
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Revision as of 03:12, 9 December 2019
 | A major contributor to this article appears to have a close connection with its subject. (January 2019) |
| File:Ajanta logo.gif | |
| Company type | Public Company |
|---|---|
| Industry | Pharmaceuticals, Drugs & Healthcare |
| Founded | 1973 |
| Headquarters | , India |
Key people | Yogesh Agrawal, Managing Director. Rajesh Agrawal, Joint Managing Director |
| Products | Branded Generic Formulations / Medicines |
| Revenue |  ₹2,155 crore (US$260 million) (2017–2018) |
Number of employees | 6,500+ |
| Subsidiaries | |
| Footnotes / references [1]; [2];[3] | |
Ajanta Pharma Limited (APL) is an multinational company based in India engaged in development, manufacturing, and marketing of pharmaceutical formulations. It has a presence in India, the United States, and about 30 other countries in Africa, Asia, Middle East, and CIS. It was established in 1973.
Markets and business
Ajanta Pharma has over 1,400 products registered currently in various countries and equal number of products are under approval. In India, the company is a branded generic company focused on a few high growth specialty therapies in ophthalmology, dermatology, cardiology, and pain management.
Ajanta Pharma exports products to over 30 countries in Asia and Africa. In these markets, the company serves a wide range of therapeutic products in the areas of antimalarial, cardiovascular, gastrointestinal, antibiotic, dermatology, antihistamine, multivitamin, gynecology, and pain management.
Ajanta Pharma has recently stepped up its presence in the United States with a select product portfolio, which includes niche and complex technology products. Currently, the company has 27 products in the US market.[4]
History
In the early 2000s, Ajanta was noted as a major source of foreign currency, alongside Reddy Labs, arising from sales in Southeast Asia.[5] In particular, in 2003, a joint-venture between Ajanta and the Ministry of Health in Turkministan accounted for fully half of the pharmaceutical needs of the country.[5]
The company experienced an enormous loss in 2005[nt 1] in terms of diminution of the value of investments, amounting to four-times the year's profits.[6] That same year, the company was noted as having the highest sales in India for any Indian pharmaceutical company, with sales of ₹13.56 billion.[7]
Manufacturing facilities
Ajanta Pharma operates seven manufacturing facilities; six within India and one in Mauritius. In India, five facilities manufacture finished formulations, including Dahej and Paithan plants which is approved by US FDA and Guwahati plant which caters to domestic and emerging markets. Another plant manufactures active pharmaceutical ingredients (APIs) primarily for captive consumption.
Legal proceedings
Bayer[nt 2] filed suit before the Delhi High Court accusing Ajanta of patent infringement on the erectile dysfunction treatments vardenafil and vardenafil hydrochloride.[8] Ajanti argued that Bayer was not using it's patent in India for the benefit of India, which led the court to provide partial relief to an injunction granted to Bayer, allowing Ajanti to manufacture but not sell the product, in January 2017.[8] Bayer and Ajanti reached an unspecified agreement after mediation was ordered by the court in February 2017.[8]
References
- ^ a b "Welcome To Ajanta Pharma". Ajantapharma.com. Retrieved 29 February 2016.[self-published source]
- ^ a b "Stock Snippets". Daily Market Insights. TriFid Research. 15 June 2016. p. 2 – via Internet Archive.
Ajanta Pharma announced the launch of anti-dementia Memantine Hydrochloride tablets in the US market through its wholly-owned subsidiary Ajanta Pharma USA Inc.
- ^ a b "Ajanta Pharma Limited - Our Business". Company. Retrieved 29 February 2016.[self-published source]
- ^ http://www.ajantapharma.com/AdminData/Results/Q3FY2019PressReleaseandResults.pdf
- ^ a b Lal, Rollie (2006). Central Asia and Its Asian Neighbors: Security and Commerce at the Crossroads. United States: Project Air Force (Rand). pp. 32–3. ISBN 0-8330-3878-8 – via Google Books (Preview).
- ^ "Investments". Accounting & Analysis: The Indian Experience (Professional ed.). Global Data Services of India (CRISIL). 2006. p. 153. ISBN 9788190342704 – via Google Books (Preview).
- ^ Thukral, R. K., ed. (2016). India Top 10 Year Book 2016. New Delhi, India: Publication Cell (Datanet India). p. 85. ISBN 978-93-80590-60-8 – via Google Books (Preview).
- ^ a b c Kleyn, Madelein; van Wyk, Louis, eds. (2019). International Pharmaceutical Law and Practice. LexisNexis. pp. §14.09[11]. ISBN 9781579114725 – via Google Books (Preview).
Notes
Further reading
Patent applications in India
- 1998—Gazette of India, 31 October 1998, p. 1087
- 1999—Gazette of India, 18 September 1999, p. 843; Gazette of India, 26 February 2000, p. 116; Gazette of India, 4 March 2000, p. 123; Gazette of India, 20 October 2001, p. 1886
- 2000—Gazette of India, 24 June 2000, p. 477; Gazette of India, 30 June 2001, p. 867; Gazette of India, 14 October 2001, p. 975; Gazette of India, 8 June 2002, p. 1178; Gazette of India, 6 September 2003, p. 4006
- 2001—Gazette of India, 29 March 2003, p. 1200
- 2002—Gazette of India, 15 February 2003, p. 518; Gazette of India, 20 March 2004, p. 1748; Gazette of India, 29 May 2004, p. 4014
Products subject to price control in India
- Clinidipine+Metroprolol tablets—Gazette of India, Extraordinary, 21 December 2018, p. 8
- Timolol+Brinzolamide eye drops—Gazette of India, Extraordinary, 2 November 2018, p. 21