Strides Arcolab
Encyclopedia
Strides Arcolab is an Indian pharmaceutical company headquartered at Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...

 in southern India. Strides Arcolab Limited manufactures a range of ethical pharmaceutical products, over-the-counter products and nutraceuticals. The company's products include softgel
Softgel
A softgel is an oral dosage form for medicine similar to capsules. They consist of a gelatin based shell surrounding a liquid fill. Softgel shells are a combination of gelatin, water, opacifier and a plasticiser such as glycerin and/or sorbitol....

 capsule, hard-gel capsules, tablets and dry and wet injectables. It is one of the largest softgel capsule manufacturer in the world. Its softgel manufacturing capability consists of annual capacity of 50,000 machine hours or about three billion softgel capsules. The company has 15 manufacturing sites in six countries and marketing presence in 50 countries. In the United States and Canadian markets, the company partners with generic companies to supply retail and hospital generics in injectable products and softgels. In European markets, it has long-term relationships for the development of projects and supply agreements with the European companies. In Australia and New Zealand, the company is engaged in manufacturing and supply of soft gels and value-added manufacturing. The company has development and supply agreements with South African companies.

Indian plants

In India the company operates eight pharmaceutical plants:

Anekal plants - The company has three plants at Jaipur in the taluka of Anekal
Anekal
Anekal is a taluk of Bangalore district. It lies in the southern part of the Bangalore metropolitan area around 40 kilometres from downtown Bangalore.Kannada is the most widely spoken languages in Anekal.Anekal is known for the karaga festivals...

 in the southern part of the Bangalore metropolitan area. One plant makes soft gelatin capsules. Another makes tablets and hard gelatin capsules. And a third makes anti-TB medicines.
OTL (onco theraputics limited )- near boomsandra industrial area.
SFF (sterile formulation facility)-near boomsandra industrial area.

Sterile products and antibiotics plant complex - This plant complex is located at Bilekahalli, on Bannerghatta Road
Bannerghatta Road
Bannerghatta Road is a Karnataka State Highway which connects Bengaluru City through Bannerghatta village, Jigani and finally reaching Anekal. It starts from Adugodi, and ends at the Bannerghatta National Park, after which it is known as Jigani-Anekal Road.Bannerghatta road previously had the...

 in southeastern Bangalore City bangaluru.

Specialty chemicals plants - The company operates specialty chemicals plants at Baikampady in the New Mangalore area of Mangalore
Mangalore
Mangalore is the chief port city of the Indian state of Karnataka. It is located about west of the state capital, Bangalore. Mangalore lies between the Arabian Sea and the Western Ghat mountain ranges, and is the administrative headquarters of the Dakshina Kannada district in south western...

, at Panoli 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 western Gujarat, and at Boisar, in Thane District
Thane District
Thane is a district in northern Maharashtra state in western India. As of 2011 it is the most populated district in the nation. The headquarters of the district is the city of Thane. Other major cities in the district are Navi Mumbai , Kalyan-Dombivli, Mira-Bhayander, Bhiwandi, Ulhasnagar,...

 of Maharashtra state.

STAR - Strides Technology & Research - the R&D centre at Bannerghata Road (opp. ITEM
Indian Institute of Management Bangalore
The Indian Institute of Management Bangalore is a business school located in Bengaluru, Karnataka, India. It was established in 1973 by the Government of India, and is the third Indian Institute of Management to be established .It offers several Post Graduate and Doctoral programmes, as well as...

, Bangalore

Non-Indian plants

USA - The company has a soft gelatin capsule plant at Somerset, New Jersey
Somerset, New Jersey
Somerset is a census-designated place and unincorporated area located at the easternmost section within Franklin Township, in Somerset County, New Jersey. At the 2000 United States Census, the CDP population was 23,040...

, USA.

Brazil - The company has a plant at Serra, Espirito Santo http://www.cellofarm.com.br/site/conteudo/fabrica.php

Mexico - The company has a plant at Chapultepec
Chapultepec
Chapultepec Park, more commonly called the "Bosque de Chapultepec" in Mexico City, is the largest city park in Latin America, measuring in total just over 686 hectares. Centered on a rock formation called Chapultepec Hill, one of the park's main functions is to be an ecological space in the vast...

.

Europe - The group recently acquired two companies: one in Italy (Beltapharm S.pA) and the other in Poland (now Strides Polska).

Singapore- Strides Arcolab Acquired DHA,which is a wholly owned subsidiary of Haw Par Healthcare Limited, Haw Par
Healthcare and is a leading player of branded generic pharmaceutical products in Singapore with presence in Malaysia and Hong Kong. This acquistition includes a GMP certified manufacturing facility in Jurong, the industrial heartland of Singapore which manufactures a range of pharmaceutical products.

Poland - This plant is through the acquisition of the former ICN Valeant sterile manufacturing unit in Warsaw, Poland

Capital markets

Strides Arcolab's stock trades 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...

 and on the National Stock Exchange of India
National Stock Exchange of India
The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...


Global Disease Initiative

Strides is a significant global player in the international market for quality generics to fight HIV/ AIDS, TB and malaria.
Strides Arcolab Ltd has tied up with the Clinton Foundation to make available a range of affordable anti-retroviral drugs for the treatment of HIV / AIDS in countries that are under the aegis of the Clinton Foundation HIV / AIDS initiative. Strides Arcolab is also in the list of World Health Organization
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...

 pre-qualified suppliers to supply generic fixed dose combination of Anti-HIV drugs. Strides is one of the largest Indian suppliers of institutionally funded aid projects and is an approved supplier to the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

, the African Development Bank
African Development Bank
The African Development Bank Group is a development bank established in 1964 with the intention of promoting economic and social development in Africa...

 and UNICEF,amongst others.

Key People

  • Arun Kumar
  • K R Ravishankar
  • Deepak Vaidya
    • Deepak Vaidya was appointed to the Board in January, 1998 and Chairman of the Board in December, 2005 .Mr.Vaidya is country head of Symphony Capital Partners (Asia)Pte.,Ltd., (previously known as M/s.Schroder Ventures Group), Mumbai, India and has got valuable corporate experience in the financial field in India and abroad

External links


Business Data

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