The company was founded in the Punjab district, India, in 1982 with the purpose of manufacturing Active Pharmaceutical Ingredients.
The company is an active pharmaceutical ingredient (API) manufacturing company that manufactures the raw materials for several leading companies in the pharma industry, who use these products for making medicines.
They supply products to companies such as Pfizer, Abbott, Cipla, Glenmark, Macleods, Aristo, etc.
The company's offerings range from Antibiotics, vitamins, and anti-coagulants to ophthalmic products. The business is also audited by several organizations such as ISO, ZED and also GMP by regulatory bodies in India and overseas.
Research
The business is working on a patented technology for a recombinant protein which works on a novel targeted therapy and also assures no side effects. Currently, operations focus on high-end novel molecules.
Studies
The company is presently conducting experimental studies on stem cell rejuvenation therapies which also promise a future of medication without any side effects.
Biotechnology
The company is engaged in undertaking significant biotechnology research activities in the area of targeted human therapeutic proteins. Its current research work focuses on creating a novel drug, which while curing asthma and allergy patients can also work on mastocytosis and basophilic leukemia.
Team
The team is composed of 100 enlightened individuals, Chemists, Pharmacists, Biotechnologists, Quality controllers, R&D experts, and Warehousing personnel.
Market: 65% India / 35% Rest of the World / Europe
Products: 25 OEM Products / Pharma Active Ingredients Raw Material
Most Sold: Antibiotics
Standards: ISO9001, EU Standards (No FDA)
Growth Rate: 20%+ / Year
Size: 100+ Employees
Management: Chemical Engineer Background
Financial: $25M Revenue / $3M EBITDA
Currency: USD
Target Price / Revenue: 1.6x
Target Price / EBITDA: 13.33x
