Cadila Healthcare
Encyclopedia
'Cadila Healthcare' is an Indian pharmaceutical company head quartered at Ahmedabad
in Gujarat state of western India
. The company is the fifth largest pharmaceutical company in India, with US$290m in turnover in 2004. It is a significant manufacturer of generic drugs. Cadila Pharma have developed a drug named Roserin which has reduced the cost of curing TB by 33%.
(1925–2001), formerly a lecturer in the L.M. College of Pharmacy, and his business partner Shri Indravadan Modi. The company evolved over the next four decades into one of India's established pharmaceutical companies.
In 1995 the Patel and Modi families split, with the Modi family's share being moved into a new company called Cadila Pharmaceuticals Ltd. and Cadila Healthcare became the Patel family's holding company. Cadila Healthcare did its IPO on the Bombay Stock Exchange
in 2000. Its stock code on the Bombay exchange is 532321.
In 2001 the company acquired another Indian pharmaceutical company called German Remedies. On June 25, 2007, the company signed an agreement to acquire 100 per cent stake in Brazils Quimica e Farmaceutica Nikkho do Brasil Ltda (Nikkho) for around 26 million dollars.
-free margarine
.
The company makes active pharmaceutical ingredients at three sites in India:
Ankleshwar plants - Zydus Cadila's plant complex at Ankleshwar in Bharuch District
of Gujarat, has been producing drug material since 1972. There are around 10 plants in the complex, which is ISO 9002 and ISO 14001 certified as well as FDA Approved. Total plant capacity at Ankleshwar is around 180 million tonnes.
Vadodara plant - Zydus Cadila's plant at Dhabhasa, in Vadodara District
's Padra
taluka (in the eastern part of the district) in Gujarat, was commissioned in 1997 by a company called Banyan Chemicals, and acquired by Zydus Cadila in 2002. The plant has a 90 million tonne capacity. It is an FDA-approved facility that is also approved to WHO
GMP
guidelines.
Patalganga plant - Zydus Cadila acquired an API plant at Patalganga in Maharashtra
state, 700 km from Mumbai
, about 200 km from Nagpur, in the 2001 German Remedies deal. This plant operates to WHO GMP
standards.
Zydus Tower - Zydus Tower is the multi-storey corporate office of the Group and Seat of the Chairman. All strategic functions and department are located here. It is situated in the Western Ahmedabad
at Satellite Road.
Moraiya plant - Zydus Cadila's formulation plant at Moraiya in Sanand
taluka on the outskirts of Ahmedabad is the
largest formulation plant in India. It plant became Food and Drug Administration
(FDA)-approved in 2004/2005. The plant makes tablets, capsules, and soft gel capsules as well as injectable drugs in both sterile liquid and lyophilized form. Zydus Cadila also runs a large R&D operation at Moraiya; This Plant manufactures Regulated, Semi-Regulated and LATAM market products.
Ankleshwar plant - Zydus Cadila's API/Bulk Drug Plant in Ankleshwar is the oldest manufacturing facility of the Company. This plant too has received approvals from various FDA agencies including USFDA.
Dabhasa plant - Zydus Cadila's API/Bulk Drug Plant in a village about 20 kilometers South from Vadodara
houses one of the largest process research (API) centers in the country. This plant belonged to Banyan Chemicals which was acquired by Zydus in 2003
Vatwa plant - Zydus Cadila's plant at Vatwa, an industrial suburb of Ahmedabad, makes products for Animal Health care division of the company.
Zyfine plant (Changodar) - Zydus Cadila's plant at Changodar, 20 kilometres from Ahmedabad on the city's outskirts, manufactures fine chemicals
. Zydus is current constructing a facility at Changodar to make vaccines for hepatitis B and rabies
.
Zydus Research Centre (Changodar) - Zydus's NCE, NME, MBE research facility is the largest of its kind in Indian, with more than 500 post graduate scientists it is working towards the prosperous future of the company and Indian Pharmaceutical Industry.
Zydus Hospira Oncology Pvt. Ltd. (SEZ
, Matoda) - Zydus's JV venture with Hospira Inc. of US manufactures Anti Cancer Injectables at this plant. This plant is also USFDA approved and situated in Special Economy Zone, about 25 kilometers from Ahmedabad. This SEZ is developed by Zydus Infrastructure Pvt. Ltd., another group company of Zydus.
Zydus - BSV(SEZ
, Matoda) - Zydus's JV with Bharat Serum and Vaccine Ltd.'s Plant is another facility located in the same SEZ.
Zydus Technologies Ltd.(SEZ
, Matoda) - Zydus's JV with Noveltech Inc.Plant is another world class facility located in the same SEZ for Novel Drug Delivery Systems.
Nutralite Manufacturing Fascility (Changodar) - Zydus manufactures and sells, Nutralite - a health, butter substitute. This plant comes under the banner of Zydus Wellness Ltd. This company also manufactures and sales, popular brands as SugraFree, Everyouth, Everyouth Men'z and D'lite.
Navi Mumbai plant - This operation, at Navi Mumbai
in Maharashtra, is a 50/50 joint venture with Nycomed Pharma of US, makes intermediates of the drug pantoprazole
.
Mumbai Business Office - This office houses Business Unit India - 2 or German Remedies. This office belonged to German Remedies (I) Ltd. This company was acquired in 2000. This was the biggest takeover in the History of Indian Pharmacological Industry. German Remedies is now a Registered Trademark of Cadila Healthcare Ltd.
Goa plants - The company's plants at Ponda in the southern Indian state of Goa
do formulation work as well as manufacture oncology drugs and a herbal laxative branded Agiolax based on Psyllium
seeds. These Plants belonged to German Remedies (I) Ltd. too and now are part of Business Unit - Manufacturing of the Company.
Baddi plant - In 2004 Zydus commissioned at formulation plant at Baddi
, in Himachal Pradesh
state of northern India. The Baddi plant makes solid oral pharmaceuticals.
Sikkim plant - In 2008 Zydus commissioned at formulation plant at Majhitar, in Sikkim
state of eastern India. The Sikkim plant makes solid oral pharmaceuticals and hormones. This plant now caters almost all Domestic Formulation needs of the Company.
(born 1951), son of the founder, is CEO. In 2004 Pankaj Patel was included by Forbes magazine in its annual List of India's richest people. Forbes estimated Patel's net worth at US$510m, making him India's 26th richest person. However in 2005 Patel dropped off the Forbes list due to a fall in the stock price of Cadila Healthcare.
Moreover, there is a team of nine senior level executives, known as the Executive Committee, who are heads of different operations look after the overall management processes. None of the members except Pankaj Patel are on the Board of Directors.
Ahmedabad
Ahmedabad also known as Karnavati is the largest city in Gujarat, India. It is the former capital of Gujarat and is also the judicial capital of Gujarat as the Gujarat High Court has its seat in Ahmedabad...
in Gujarat state of western India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. The company is the fifth largest pharmaceutical company in India, with US$290m in turnover in 2004. It is a significant manufacturer of generic drugs. Cadila Pharma have developed a drug named Roserin which has reduced the cost of curing TB by 33%.
History
Cadila Laboratories was founded in 1952 by Ramanbhai PatelRamanbhai Patel
Ramanbhai B. Patel was an Indian chemist who founded the operation that eventually became the Ahmedabad-based pharmaceutical company Cadila Healthcare....
(1925–2001), formerly a lecturer in the L.M. College of Pharmacy, and his business partner Shri Indravadan Modi. The company evolved over the next four decades into one of India's established pharmaceutical companies.
In 1995 the Patel and Modi families split, with the Modi family's share being moved into a new company called Cadila Pharmaceuticals Ltd. and Cadila Healthcare became the Patel family's holding company. Cadila Healthcare did its IPO on the Bombay Stock Exchange
Bombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...
in 2000. Its stock code on the Bombay exchange is 532321.
In 2001 the company acquired another Indian pharmaceutical company called German Remedies. On June 25, 2007, the company signed an agreement to acquire 100 per cent stake in Brazils Quimica e Farmaceutica Nikkho do Brasil Ltda (Nikkho) for around 26 million dollars.
Products
From nine pharmaceutical production operations in India as well as a Zydus Cadila develops and manufactures a large range of pharmaceuticals as well as diagnostics, herbal products, skin care products and other OTC products. The company also makes EverYuth Naturals Walnut Scrub & Ultra Mild Scrub -India 's leading scrub brand , EverYuth Naturals Golden Glow Peel-Off-the no. 1 in the peel-off category and a face wash range .It is also the maker of Sugar Free, India's most popular artificial sweetener, and Nutralite, India's most popular cholesterolCholesterol
Cholesterol is a complex isoprenoid. Specifically, it is a waxy steroid of fat that is produced in the liver or intestines. It is used to produce hormones and cell membranes and is transported in the blood plasma of all mammals. It is an essential structural component of mammalian cell membranes...
-free margarine
Margarine
Margarine , as a generic term, can indicate any of a wide range of butter substitutes, typically composed of vegetable oils. In many parts of the world, the market share of margarine and spreads has overtaken that of butter...
.
The company makes active pharmaceutical ingredients at three sites in India:
Ankleshwar plants - Zydus Cadila's plant complex at Ankleshwar in Bharuch District
Bharuch district
Bharuch in India, is a district in the southern part of the Gujarat peninsula on the west coast of state of Gujarat with a size and population comparable to that of Greater Boston...
of Gujarat, has been producing drug material since 1972. There are around 10 plants in the complex, which is ISO 9002 and ISO 14001 certified as well as FDA Approved. Total plant capacity at Ankleshwar is around 180 million tonnes.
Vadodara plant - Zydus Cadila's plant at Dhabhasa, in Vadodara District
Vadodara district
Vadodara District is a district in the eastern part of the state of Gujarat in western India. The city of Vadodara , in the western part of the district, is the administrative headquarters. Vadodara District covers an area of 7,794 km². It had a population of 3,641,802 of which 45.20% were...
's Padra
Padra
Padra is a city and a municipality in Vadodara district in the Indian state of Gujarat. Padra is located about 16 kilometres from Vadodara city-Geography:Padra is located at . It has an average elevation of 79 metres .-Demographics:...
taluka (in the eastern part of the district) in Gujarat, was commissioned in 1997 by a company called Banyan Chemicals, and acquired by Zydus Cadila in 2002. The plant has a 90 million tonne capacity. It is an FDA-approved facility that is also approved to WHO
World Health Organization
The World Health Organization is a specialized agency of the United Nations that acts as a coordinating authority on international public health. Established on 7 April 1948, with headquarters in Geneva, Switzerland, the agency inherited the mandate and resources of its predecessor, the Health...
GMP
Good Manufacturing Practice
"Good manufacturing practice" or "GMP" are practices and the systems required to be adapted in pharmaceutical manufacturing, quality control, quality system covering the manufacture and testing of pharmaceuticals or drugs including active pharmaceutical ingredients, diagnostics, foods,...
guidelines.
Patalganga plant - Zydus Cadila acquired an API plant at Patalganga in Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
state, 700 km from Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
, about 200 km from Nagpur, in the 2001 German Remedies deal. This plant operates to WHO GMP
Good Manufacturing Practice
"Good manufacturing practice" or "GMP" are practices and the systems required to be adapted in pharmaceutical manufacturing, quality control, quality system covering the manufacture and testing of pharmaceuticals or drugs including active pharmaceutical ingredients, diagnostics, foods,...
standards.
Formulation plants
The company operates from Multiple locations:Zydus Tower - Zydus Tower is the multi-storey corporate office of the Group and Seat of the Chairman. All strategic functions and department are located here. It is situated in the Western Ahmedabad
Ahmedabad
Ahmedabad also known as Karnavati is the largest city in Gujarat, India. It is the former capital of Gujarat and is also the judicial capital of Gujarat as the Gujarat High Court has its seat in Ahmedabad...
at Satellite Road.
Moraiya plant - Zydus Cadila's formulation plant at Moraiya in Sanand
Sanand
Sanand is a city and a municipality in Ahmedabad district in the Indian state of Gujarat. It is also referred as Auto hub or Detroit of Gujarat.-History:...
taluka on the outskirts of Ahmedabad is the
largest formulation plant in India. It plant became Food and Drug Administration
Food and Drug Administration
The Food and Drug Administration is an agency of the United States Department of Health and Human Services, one of the United States federal executive departments...
(FDA)-approved in 2004/2005. The plant makes tablets, capsules, and soft gel capsules as well as injectable drugs in both sterile liquid and lyophilized form. Zydus Cadila also runs a large R&D operation at Moraiya; This Plant manufactures Regulated, Semi-Regulated and LATAM market products.
Ankleshwar plant - Zydus Cadila's API/Bulk Drug Plant in Ankleshwar is the oldest manufacturing facility of the Company. This plant too has received approvals from various FDA agencies including USFDA.
Dabhasa plant - Zydus Cadila's API/Bulk Drug Plant in a village about 20 kilometers South from Vadodara
Vadodara
Vadodara formerly known as Baroda is the third most populated city in the Indian State of Gujarat . It is one of the four cities with the population of over 1 million...
houses one of the largest process research (API) centers in the country. This plant belonged to Banyan Chemicals which was acquired by Zydus in 2003
Vatwa plant - Zydus Cadila's plant at Vatwa, an industrial suburb of Ahmedabad, makes products for Animal Health care division of the company.
Zyfine plant (Changodar) - Zydus Cadila's plant at Changodar, 20 kilometres from Ahmedabad on the city's outskirts, manufactures fine chemicals
Fine chemicals
Fine chemicals are pure, single chemical substances that are commercially produced with chemical reactions for highly specialized applications. Fine chemicals produced can be categorized into active pharmaceutical ingredients and their intermediates, biocides, and specialty chemicals for technical...
. Zydus is current constructing a facility at Changodar to make vaccines for hepatitis B and rabies
Rabies
Rabies is a viral disease that causes acute encephalitis in warm-blooded animals. It is zoonotic , most commonly by a bite from an infected animal. For a human, rabies is almost invariably fatal if post-exposure prophylaxis is not administered prior to the onset of severe symptoms...
.
Zydus Research Centre (Changodar) - Zydus's NCE, NME, MBE research facility is the largest of its kind in Indian, with more than 500 post graduate scientists it is working towards the prosperous future of the company and Indian Pharmaceutical Industry.
Zydus Hospira Oncology Pvt. Ltd. (SEZ
SEZ
SEZ may refer to:*Special Economic Zone*Seychelles International Airport...
, Matoda) - Zydus's JV venture with Hospira Inc. of US manufactures Anti Cancer Injectables at this plant. This plant is also USFDA approved and situated in Special Economy Zone, about 25 kilometers from Ahmedabad. This SEZ is developed by Zydus Infrastructure Pvt. Ltd., another group company of Zydus.
Zydus - BSV(SEZ
SEZ
SEZ may refer to:*Special Economic Zone*Seychelles International Airport...
, Matoda) - Zydus's JV with Bharat Serum and Vaccine Ltd.'s Plant is another facility located in the same SEZ.
Zydus Technologies Ltd.(SEZ
SEZ
SEZ may refer to:*Special Economic Zone*Seychelles International Airport...
, Matoda) - Zydus's JV with Noveltech Inc.Plant is another world class facility located in the same SEZ for Novel Drug Delivery Systems.
Nutralite Manufacturing Fascility (Changodar) - Zydus manufactures and sells, Nutralite - a health, butter substitute. This plant comes under the banner of Zydus Wellness Ltd. This company also manufactures and sales, popular brands as SugraFree, Everyouth, Everyouth Men'z and D'lite.
Navi Mumbai plant - This operation, at Navi Mumbai
Navi Mumbai
Navi Mumbai is a Planned Satellite City on the west coast of the Indian state of Maharashtra. It was developed in 1972 as a twin city of Mumbai, and is the largest planned city on the planet, with under the jurisdiction of the Navi Mumbai Municipal Corporation and a total area of . Navi Mumbai...
in Maharashtra, is a 50/50 joint venture with Nycomed Pharma of US, makes intermediates of the drug pantoprazole
Pantoprazole
Pantoprazole is a proton pump inhibitor drug that inhibits gastric acid secretion.-Use:...
.
Mumbai Business Office - This office houses Business Unit India - 2 or German Remedies. This office belonged to German Remedies (I) Ltd. This company was acquired in 2000. This was the biggest takeover in the History of Indian Pharmacological Industry. German Remedies is now a Registered Trademark of Cadila Healthcare Ltd.
Goa plants - The company's plants at Ponda in the southern Indian state of Goa
Goa
Goa , a former Portuguese colony, is India's smallest state by area and the fourth smallest by population. Located in South West India in the region known as the Konkan, it is bounded by the state of Maharashtra to the north, and by Karnataka to the east and south, while the Arabian Sea forms its...
do formulation work as well as manufacture oncology drugs and a herbal laxative branded Agiolax based on Psyllium
Psyllium
Psyllium , or Ispaghula , is the common name used for several members of the plant genus Plantago whose seeds are used commercially for the production of mucilage.-History:...
seeds. These Plants belonged to German Remedies (I) Ltd. too and now are part of Business Unit - Manufacturing of the Company.
Baddi plant - In 2004 Zydus commissioned at formulation plant at Baddi
Baddi
Baddi is an industrial town and a Nagar panchayat in the Southwestern Solan district of Himachal Pradesh, a hill state of northern India. The town lies on the border of Himachal Pradesh and Haryana states in the Shivalik Hills, around 35 kilometres west of Solan...
, in Himachal Pradesh
Himachal Pradesh
Himachal Pradesh is a state in Northern India. It is spread over , and is bordered by the Indian states of Jammu and Kashmir on the north, Punjab on the west and south-west, Haryana and Uttar Pradesh on the south, Uttarakhand on the south-east and by the Tibet Autonomous Region on the east...
state of northern India. The Baddi plant makes solid oral pharmaceuticals.
Sikkim plant - In 2008 Zydus commissioned at formulation plant at Majhitar, in Sikkim
Sikkim
Sikkim is a landlocked Indian state nestled in the Himalayan mountains...
state of eastern India. The Sikkim plant makes solid oral pharmaceuticals and hormones. This plant now caters almost all Domestic Formulation needs of the Company.
Corporate control
Zydus Cadila's major shareholder remains the Patel family. Pankaj PatelPankaj Patel
Pankaj Ramanbhai Patel is the current Chairman and Managing Director of Cadila Healthcare, the fifth largest pharmaceutical company in India. Patel was tied for 26th place on Forbes Magazine's first annual list of the 40 richest Indians with an estimated net worth of $510 million...
(born 1951), son of the founder, is CEO. In 2004 Pankaj Patel was included by Forbes magazine in its annual List of India's richest people. Forbes estimated Patel's net worth at US$510m, making him India's 26th richest person. However in 2005 Patel dropped off the Forbes list due to a fall in the stock price of Cadila Healthcare.
Moreover, there is a team of nine senior level executives, known as the Executive Committee, who are heads of different operations look after the overall management processes. None of the members except Pankaj Patel are on the Board of Directors.