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Cipla

#1271

Rank

$14B

Marketcap

IN India

Country

Cipla
Leadership team

Mr. Umang Vohra (MD, Global CEO & Exec. Director)

Ms. Samina Hamied (Exec. Vice-Chairperson)

Dr. Raju Sunil Mistry M.A., Ph.D. (Pres & Global Chief People Officer)

Products/ Services
Biotechnology, Health Care, Manufacturing, Medical, Pharmaceutical
Number of Employees
20,000 - 50,000
Headquarters
Mumbai, Maharashtra, India
Established
1935
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
CIPLA.NS
Social Media
Overview
Location
Summary
Cipla Limited, together with its subsidiaries, manufactures and sells pharmaceutical products in India, the United States, South Africa, and internationally. The company offers active pharmaceutical ingredients; and formulations in various therapeutic areas, such as MI, angina, heart failure, hypertension, arrhythmia, lipid abnormalities and diabetes, obesity, HIV, respiratory, urology, oncology, cardio-metabolism, child health, infectious diseases and critical care, hepatitis, women's health, ophthalmology, and neuro psychiatry. It also provides respiratory products, including inhalers and nasal sprays, as well as other respiratory products consists of injectables and biosimilars. Cipla Limited has a licensing agreement with Merck & Co., Inc. for the manufacturing and distribution of Molnupiravir, an investigational oral antiviral drug; a license agreement with Eli Lilly and Company for the manufacture and commercialization of the drug baricitinib for Covid-19 indication; and collaborations with Dr. Reddy's Laboratories Ltd, Sun Pharmaceutical Industries Limited, Emcure Pharmaceuticals Limited, and Torrent Pharmaceuticals Limited for the clinical trial of the investigational oral anti-viral drug Molnupiravir. The company was incorporated in 1935 and is headquartered in Mumbai, India.
History

In 1935, Cipla was founded by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories' in Mumbai.

In July 1984, the name of the company was changed to 'Cipla Limited'.In 1985, the US FDA approved the company's bulk drug against HIV and other drugs to treat poor people in the developing world.

Led by the founder's son Yusuf Hamied, a Cambridge-educated chemist, the company provided generic AIDS and other drugs to treat poor people in the developing world.

In 1995, Cipla launched Deferiprone, the world's first oral iron chelator. In 2001, Cipla offered antiretrovirals for HIV treatment at a fractional cost .In 2013 Cipla acquired the South African company Cipla-Medpro, kept it as a subsidiary, and changed its name to Cipla Medpro South Africa Limited. At the time of the acquisition Cipla-Medpro had been a distribution partner for Cipla and was South Africa's third biggest pharmaceutical company. The company had been founded in 2002 and was known as Enaleni Pharmaceuticals Ltd. In 2005, Enaleni bought all the shares of Cipla-Medpro, which had been a joint venture between Cipla and Medpro Pharmaceuticals, a South African generics company, and in 2008 it changed its name to Cipla-Medpro.In September 2015, Cipla acquired InvaGen Pharmaceuticals and Exelan Pharmaceuticals, two American pharmaceutical companies, for 555 million dollars.In 2019 Cipla entered digital therapeutics by partnering with Wellthy Therapeutics in India and Brandmed in South Africa.

Mission
Ciplas mission is to be a leading global healthcare company which uses technology and innovation to meet everyday needs of all patients.
Vision
Cipla’s vision is to be a global leader in select specialty therapeutics, providing access to quality medicines for Australian consumers at affordable prices.
Key Team

Mr. Ashish Adukia (Global Chief Financial Officer)

Mr. Pradeep Bhadauria (Pres & Chief Scientific Officer)

Mr. Dinesh Ramniranjan Jain (Sr. VP & Head of Corp. Fin.)

Ms. Geena V. Malhotra (Global Chief Technology Officer)

Mr. Naveen Bansal (Head of Investor Relations)

Mr. Gautam Rohidekar (Chief Legal Officer)

Mr. Rajendra Kumar Chopra (Compliance Officer & Company Sec.)

Recognition and Awards
Cipla has been recognised with various awards like 'The Times of India Group League of Strivers Award 2013', 'Golden Peacock Award', 'Business Achievers Award' and many more.
References
Cipla
Leadership team

Mr. Umang Vohra (MD, Global CEO & Exec. Director)

Ms. Samina Hamied (Exec. Vice-Chairperson)

Dr. Raju Sunil Mistry M.A., Ph.D. (Pres & Global Chief People Officer)

Products/ Services
Biotechnology, Health Care, Manufacturing, Medical, Pharmaceutical
Number of Employees
20,000 - 50,000
Headquarters
Mumbai, Maharashtra, India
Established
1935
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
CIPLA.NS
Social Media