We are an emerging global healthcare company, engaged in the business
of manufacturing, marketing and distribution of a broad spectrum of
pharmaceutical and allied healthcare products, with operations in
several key
markets of the world, backed by state of the art manufacturing
facilities.
Historical perspective
We started our operations as a small company marketing generic drugs
under
the name of Plazma Laboratories, in the year 1963. This later on
resulted in the
formation of Ethico Drugs & Chemical Mfg. Co in the year 1978, a
manufacturing
and marketing company selling branded generic antibiotics. We were
amongst
the first to launch Doxycycline (Minicycline) and Cotrimoxazole
(Timizole) in the
Indian market. Both the products were well accepted by the Indian
medical
fraternity. It was this start, that gave us the required impetus in
the domestic
market and paved the way for a host of new and innovative branded
formulations
to be launched in India in segments like the anti-malarials,
Antitubercular drugs
and so on.
In order to strengthen our marketing and distribution network,
Plethico
Pharmaceuticals (P) Ltd. was established in the year 1985, with the
objective of
establishing as one of the major players in the domestic Pharma
market. Plethico
Pharmaceuticals (P) Ltd was converted into Public Limited Company in
1993.
The company established its presence with several major brands like
RezQ,
Reziz, Koxi, Monto 3, Monto 4, Recofast, Recofast Plus, Amloz, Amloz
AT,
Cebect, Cebect TZ in segments like the Antimalarials, Anti-
Tubercular, Cough
& Cold, Cardiac and the Antimicrobials to name a few. 1996 saw the
Company
make its foray into the international market by initiating exports to
Russia, CIS,
Africa and Eastern Europe. 2003 saw the launch of our OTC division
under the
umbrella of Coach’s Formula Protein Health Drink. So from a humble
beginning we
stand today at a sales of Rs 2221.85 Mn and a PAT of Rs 561.30 Mn for
the year
ending September 30, 2005.
Key Events
1963 - 1970
.. Plazma Laboratories the first company of the group, marketing
generic drugs
came into existence.
.. Commissioning of first formulation manufacturing facility at
Indore Madhya Pradesh
India consisting of semi automatic sections for Tablet, Capsule and
Oral Liquid.
1971 - 1980
.. Ethico Drugs & Chemical Mfg. Co was established, to manufacture
and sell
branded generic antibiotics.
.. Creating of countrywide marketing network for marketing of wide
range of
branded ethical medicines.
1981 1990
.. Plethico Pharmaceuticals was formed, with the objective of
establishing
itself as one of the major players in the domestic pharma market.
.. Ultra Modern formulation plant established at Manglia, near Indore
to produce
wide range of Allopathic Tablets, Capsules and Dry Suspension.
.. Introduced first time in India Doxycycline based unique
Anti-biotic under the
brand name Minicycline and Co-Trimoxazole based unique Anti Bacterial
under
the brand name Timizol
.. Launching of wide range of branded allopathic ethical medicines
under widely
accepted therapeutic segments including Anti-tuberculosis,
Anti-malarials,
Cardiovascular, Anti microbial and Cough & Cold Preparations.
1991 - 2000
.. Installation of Ayurvedic & Herbal formulation manufacturing plant
at Indore
during 1992 under the group firm Plethico Products.
.. Plethico Pharmaceuticals was converted into Pvt Ltd Co 1991 before
being
converted into a Closely Held Public Limited Company in 1992.
.. Introduced first time in India, the novel ayurvedic and herbal
preparations
under the brand names - Octogen, Previl, Syndrex and allopathic
combipacks, kit
packs and by-layer Tablets.
.. Up-gradation of existing manufacturing facilities at Manglia
comply to the world-class
specifications.
.. Successful launching of star brand ‘Travisil’, unique features of
Travisil brand being
exceptional combination of taste, flavour, efficacy and international
standard, in CIS
and other countries. Travisil is a combination of 16 Indian Herbs,
which calls for special
blending technique coupled with extensive analytical capabilities,
which was developed
in house by extensive R & D efforts.
2000 - 2005
.. Began setting up state-of-the-art formulation manufacturing plant
complying to the World
Class Specifications including WHO GMP, UKMCA, USFDA etc. and was
appraised by
Premiere Financial Institutions of India – BoB, EXIM Bank and IDBI
having enviable rapport
with all of them.
.. Commissioning of the state of the art Kalaria Plant at Kalaria,
Indore.
.. Setting-up of a fully automatic advanced Pet Bottle Manufacturing
Plant (Blow
Stretch Molding Plant) imported from Aoki, Japan
.. Awarded “Exporter of the Year” Award by Government of India
.. Setting-up of fully automatic medicated Lozenges Manufacturing
Plant imported
from Klockner Hansel GmBH, Germany, with inbuilt New Delivery System
to
offer therapeutic advantages to consumers
.. Sell off of Ethical Brands & Distribution chain.
.. Took Major Stake in a marketing and distribution chain in the CIS,
with a well
coordinated network in Russia, Kazakhstan, Moldova, Kyrghyzstan,
Ukraine and
Azerbaijan.
.. Acquired status of approved 2 Star Trading House & implemented
Peoplesoft
J.D.Edwards - (Now Oracle) - an advanced Internet based Enterprise
Resource
Planning System (ERP).
.. Aspen Pharmaceuticals Limited, a Joint Venture company in Cambodia
was
formed.
.. Establishment of Plethico Africa Limited, a Joint Venture to
manufacture and
market in Kenya and Rest of East Africa.
2006
- Plethico Pharmaceuticals Ltd has appointed Dr. Gulam Nabi Qazi as
an Additional Director of the Company. |