ManagementParadise.com - Worlds Leading Management Portal. Online MBA | Classroom to Boardroom and Beyond
 
  Articles Details
Print Email  Add to briefcase

ranbaxy history

by Priyanka Sansanwal on Wednesday 5 January 2011, 10:38 PM | Category: Miscellaneous| View: 560 views
 
 
Advertisements
 

 1962: Ranjit Singh and Gurbux Singh incorporate Ranbaxy to market pharmaceuticals in Amritsar, India, and borrow funding from moneylender Bhai Mohan Singh. 
1966: Bhai Mohan Singh takes over Ranbaxy in lieu of repayment of the loan. 
1967: Son Dr. Parvinder Singh joins the company, which begins producing generic drugs. 
1969: Calmpose, a Valium generic, is launched, becoming the company's first success. 
1973: Ranbaxy goes public and builds a new API chemicals facility in Mohali. 
1977: The company begins production in Lagos, Nigeria through a joint venture. 
1983: The company opens a dosage plant in Dewas. 
1987: The company builds a state-of-the-art API facility in Toansa in preparation for entry into the U.S. market. 
1988: The Toansa facility receives FDA approval. 
1992: The company launches a joint marketing agreement with Eli Lilly. 
1993: A joint venture is launched in China; a new research-driven NCE and NDDS strategy is launched. 
1994: The company opens a new research and development facility in Gurgaon, India. 
1995: The company acquires Ohm Laboratories in the United States and builds a new FDA-approved production facility. 
1998: Ranbaxy begins marketing its own branded drugs in the United States; the company launches clinical trials on the first in-house developed molecule. 
2000: Ranbaxy acquires Basics, Bayer's generics business in Germany; the company enters Brazil. 
2003: Ranbaxy successfully completes the first NCE phase I clinical trial; the company acquires RPG (Aventis) in France, becoming the leading generics manufacturer for that market. 
2005: The company launches a new $100 million production facility in Brazil. 


Advertisements
Print-Friendly Version Email to a Friend
 
Related to ranbaxy history
 
 
 
 
 
 
STATS
 
Total articles: 5708
    Total Categories: 22
    Updated in Last Week: 20
LOGIN
 
   Login Id
   Password
  Forgot Password?
    
   
SEARCH ARTICLE
 
  Enter Keywords
 
CATEGORIES
 
    Banking and Finance
    Campus Articles
    Economy
INVITE FRIENDS
 
Invite your Friends, your Colleagues, your Group Members, your Seniors, your Team mates...and others.
 
 
Advertisements
 
spacer gif
Management Paradise
spacer gif
arrow gif About Us
Press
Jobs
Buy a Book
Kartik Raichura
spacer gif
spacer gif
spacer gif
Legal
spacer gif
spacer gif Terms & Conditions
spacer gif Privacy Policy
spacer gif Disclaimer
spacer gif Copyrights
spacer gif Contact Us
spacer gif
spacer gif
spacer gif
Help
spacer gif
spacer gif Getting Started
Support
FAQs
Tour
Feedback
Partners

MBA B School Blog

MBA Buy Entrance Exam Forms

MBA BMS Blog

MBA MBA Blog

MBA BMM Network

MBA Your Link Here

Follow
       
   

 

Copyright 2004 - 2014 Management Paradise. Site Developed by Available.co.in