Alkem Laboratories: Difference between revisions
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'''Alkem Laboratories Limited''' is a multinational [[pharmaceutical]] company headquartered in [[Mumbai]], [[ |
'''Alkem Laboratories Limited''' is a multinational [[pharmaceutical]] company headquartered in [[Mumbai]], [[India]] that manufactures and sells pharmaceutical generics, formulations and nutraceuticals in India. |
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==Company== |
==Company== |
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Revision as of 16:13, 29 October 2020
| Company type | Public |
|---|---|
| BSE: 539523 NSE: ALKEM | |
| Industry | Pharmaceuticals |
| Founded | 1973 |
| Founder | Samprada Singh |
| Headquarters | , India |
Key people | Samprada Singh, Dhananjay Kumar Singh |
| Products | Pharmaceuticals, generic drugs |
| Revenue |  ₹130 billion (US$1.6 billion) (2014-15)[1] |
| ₹31.82 billion (US$380 million) (2014–15) | |
| ₹11.44 billion (US$140 million) (2014–15) | |
| Total assets | ₹41.75 billion (US$500 million) (2014–15) |
| Total equity | ₹13.5 billion (US$160 million) (2014–15) |
| Owner | Samprada Singh |
Number of employees | 15,000 (2015) |
| Website | www |
Alkem Laboratories Limited is a multinational pharmaceutical company headquartered in Mumbai, India that manufactures and sells pharmaceutical generics, formulations and nutraceuticals in India.
Company
Alkem set up its research and development facility for ANDA development at Taloja in 2003. In 2006 anti-infective drug Taxim of Alkem became the first anti-infective drug in the Indian pharmaceutical industry to cross 1,000 million in terms of domestic sales in India. In 2014 Clavam other drug from Alkem crossed 2,000 million mark in terms of domestic sales in India. In 2007 the company filed its first ANDA for drug Amlodipine which was approved in 2009. Alkem has developed a portfolio of 705 branded generic drugs, with 13 of the brands featured among the top 300 brands in India for the fiscal year 2015 and a portfolio of 705 brands in India in the six months ended 30 September 2015. Alkem have 21 manufacturing facilities, 19 in India and 2 in US. 5 of the facilities are US FDA, TGA, UK MHRA approved.
Acquisitions
Alkem has 21 manufacturing facilities: 19 in India and 2 in the US. These 2 facilities in the US were acquired in 2012 and 2013 respectively.[citation needed] In 2014 acquired the "Clindac-A" brand in India from Galderma S.A. In 2015 again Alkem acquired a formulation manufacturing facility in the US.[citation needed]
Governance and administration
Samprada Singh was the founder and chairman emeritus of the company, he led and shaped Alkem what it is today, he had a B.Com degree from Patna University. He was the 42nd richest person in India and a billionaire.[2] His brother, Basudeo Narayan Singh,[3] was also the co-founder of the company. Samprada Singh died on 27 July 2019 at the age of 94 years after a brief illness in Mumbai.[4]
| Position | Name |
|---|---|
| Founder Chairman Emeritus | Mr. Samprada Singh |
| Executive Chairman | Mr.Basudeo Narayan Singh |
| Joint Managing Director | Mr.Dhananjay Kumar Singh |
| Joint Managing Director | Mr.Sandeep Singh |
| Independent Director | Dr.Dheeraj Sharma |
| Independent Director | Mr.A.K. Purwar |
| Independent Director | Mr.N. K. Aneja |
| Independent Director | Mr.R. L. Shenoy |
| Independent Director | Ms.Sangeeta Singh |
| Independent Director | Ms.Sudha Ravi |
References
- ^ "Alkem Laboratories Ltd. profit and loss (P&L), financial statement, accounts". rediff.com.
- ^ "Samprada Singh & family". Forbes.
- ^ "Basudeo Singh". Bloomberg.
- ^ "Alkem Labs Founder Samprada Singh passes away at the age of 92 years". Medical Dialogues. 27 July 2019.
- ^ "Board of Directors". Alkem.
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