Sun Pharmaceutical
Categories
#384
Rank
$51.11B
Marketcap
India
Country
Mr. Kalyanasundaram Subramanian (Director of Corp. Devel. & Whole-time Director)
Mr. Sailesh Trambaklal Desai (Whole Time Director)
Pharma and Life Sciences
Industrial Manufacturing
Summary
Sun Pharmaceutical Industries Limited, a generic pharmaceutical company, develops, manufactures, and markets branded and generic formulations and active pharmaceutical ingredients (APIs) in India and internationally. The company offers formulations in various therapeutic areas, including the central nervous system, dermatology, cardiology, oncology and ophthalmic, neuro-psychiatry, gastroenterology, anti-infectives, diabetology, pain/analgesics, vitamins/minerals/nutrients, respiratory, gynaecology, urology, ophthalmology, orthopaedic, nephrology, dental, and other areas.
It also provides APIs for anti-cancers, peptides, steroids, sex hormones, and controlled substances; generic medications, such as tablets, capsules, injectables, inhalers, ointments, creams, and liquids; speciality medications, as well as over-the-counter products. The company was founded in 1983 and is based in Mumbai, India.
History
Sun Pharmaceuticals was founded by Dilip Shanghvi in 1983 in Vapi, Gujarat, with five products to treat psychiatry ailments. Cardiology products were introduced in 1987 followed by gastroenterology products in 1989. Today it is ranked number one by prescriptions with nine different specialities of doctors in India and a market leader in cardiology, gastroenterology, ortho, diabetology, dermatology, urology, vitamins, minerals, and nutrients.
The 2014 acquisition of Ranbaxy made Sun Pharma the largest pharma company in India, the largest Indian pharma company in the US, and the 4th largest speciality generic company globally.
Over 72% of Sun Pharma's sales are from markets outside India, primarily in the United States. The US is the single largest market, accounting for about 30% of the company's turnover; in all, formulations or finished dosage forms, account for 93% of the turnover. Manufacturing is across 44 global locations in India, the US, Asia, Africa, Australia and Europe.
In the United States, the company markets a large basket of generics, with a strong pipeline awaiting approval from the U.S. Food and Drug Administration. Sun Pharma was listed on the stock exchange in 1994 in an issue that oversubscribed 55 times. The founding family continues to hold a majority stake in the company.
Mission
“We will leverage our people, expertise and networks to address the needs of the communities that we serve and thereby catalyse overall development.”
Vision
“Reaching People and Touching Lives Globally as a Leading Provider of Valued Medicines.”
Key Team
Mr. C. S. Muralidharan (Chief Financial Officer)
Mr. Davinder Singh (Exec. Vice-Pres of Global Operations)
Mr. Anil M. Rao (Sr. VP & Chief Information Officer)
Mr. Nimish Desai (Head of Investor Relations)
Mr. Anoop Deshpande (Company Sec. & Compliance Officer)
Dr. Sapna Purohit (Sr. VP & Head of HR)
Mr. Kirti Wardhaman Ganorkar (Chief Exec. Officer of India Bus.)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Sun_Pharma
https://www.crunchbase.com/organization/sun-pharma
https://sec.report/CIK/0001721949
https://finance.yahoo.com/quote/SUNPHARMA.NS/
https://www.comparably.com/companies/sun-pharma
https://companiesmarketcap.com/largest-companies-by-revenue/
https://www.reuters.com/markets/companies/SUN.NS/
https://www.forbes.com/companies/sun-pharma-industries/
https://www.globaldata.com/company-profile/sun-pharmaceutical-industries-ltd/
Mr. Kalyanasundaram Subramanian (Director of Corp. Devel. & Whole-time Director)
Mr. Sailesh Trambaklal Desai (Whole Time Director)
Pharma and Life Sciences
Industrial Manufacturing