Company History - Standard Medical Pharmaceuticals
The company was incorporated on 27th September 1983.
It was promoted by standard organics Ltd & C.C. Reddy & associates.
The main objects of the company is to carry on the business of
finance investment and trading of finance investment and trading,
hire pruchase & leasing manufacture of bulf drug & Pharmaceuticals &
also running of Diagnostic centres.
The merger of AGIPI Chemicals Ltd with this company has been competed
& the bulf drug unit now mtg cloxacilin sodium also in addition to
Amoxycillin, Ampicillin & Cephalexin. The company is also running
Diagnostc centres at Hyderabad, Pune, Bangalore & Calcutta under the
name Medinova Diagnostic services.
During 1986 the company took over AGIPI Chem. Ltd., a bulk drug
manufacturing unit located at Bidar, Karnataka for manufacture of
Cephalexin. AGIPI became a subsidary & commercial production of
cephalexin cost of Rs 1.5 crores was commecned in December 1986.
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