Type Public company Area served Worldwide Founded 19 October 1949 | Industry Pharmaceutical Headquarters Maharashtra Number of employees 12,000 (2015) | |
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Traded as BSE: 524494
NSE: IPCALAB Founder K.B. Mehla
Dr. N.S. Tibrawala Key people Premchand Godha, MD,
Mr. AK Jain, JMD Stock price IPCALAB (NSE) ₹ 566.90 +2.95 (+0.52%)15 Mar, 10:28 AM IST - Disclaimer Revenue 15.59 billion INR (US$230 million) Subsidiaries IPCA Pharmaceuticals Ltd. SA de CV. | ||
Ipca laboratories limited flv
Ipca Laboratories is an international pharmaceutical company based in Mumbai, India. It produces Theo bromine, Acetylthiophene, and P-Bromo Toluene as Active Pharmaceutical Ingredients (APIs). Ipca sells these APIs and their intermediates world over. It produces more than 150 formulations that include oral liquids, tablets, dry powders, and capsules. The various kinds of drug intermediates that the company manufactures include Theo bromine, Acetylthiophene, and P- Bromo Toluene and promotes over 36 countries of Asia, Africa, CIS, and South America, including Cambodia, Kazakhstan, Kenya, Mauritius, Myanmar, Nigeria, Oman, Russia, Sri Lanka, Sudan, Tanzania, Ukraine, Vietnam and Yemen. The main activities of company are to produce and market pharmaceuticals and drugs. The various products of the company include formulations, drug intermediates, and active pharmaceutical ingredients (API).
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In 2004, Forbes selected Ipca, for the second consecutive year as one among the first 200 'Best under a Billion Company' in Asia.
It also got certification from US Food and Drug Administration (FDA), UK-Medicines and Healthcare products Regulatory Agency (MHRA), South Africa-Medicines Control Council (MCC), Brazil-Brazilian National Health Vigilance Agency (ANVISA) and Australia-Therapeutic Goods Administration (TGA). On 29 Jan 2016 the FDA issued a warning letter, WL: 320-16-07, for failure to comply with good manufacturing processes (GMP) under section 21 of the code of federal regulations (21 CFR).
History
It was founded by group of businessmen and medical professionals in 1949. In 1975, the management of the company was taken over by Amitabh Bachchan, Ajitabh Bachchan, Jaya Bachchan, M.R. Chandurkar, P.C. Godha.