Strides Arcolab
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| Strides Arcolab Limited | |
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| Type | MNC (several JVs, and subsidiaries) |
|---|---|
| Founded | 1990 |
| Headquarters | Bangalore |
| Key people | Arun Kumar, K R Ravishankar, Deepak Vaidya (Chairman) |
| Industry | Pharmaceutical |
| Products | soft gel, injectables, hard gelatin, solid dosage, sterile paternals, tablets |
| Revenue |  $ 170 million (2006)[1] |
| Employees | approximately 1750 |
| Slogan | Leadership through Partnering |
| Website | www.stridesarco.com |
Strides Arcolab is an Indian pharmaceutical company headquartered at Bangalore in southern India. Strides Arcolab Limited manufactures a range of ethical pharmaceutical products, over-the-counter products and nutraceuticals. The Company's products include softgel capsule, hard-gel capsules, tablets and dry and wet injectables. It is the one of the largest softgel capsule manufacturer in the world.Its soft get manufacturing capability consists of annual capacity of 50,000 machine hours or about 3 billion soft-gel capsules. The Company has 15 manufacturing sites in six countries and marketing presence in 50 countries. In the United States/Canadian markets, the Company partners with generic companies to supply retail and hospital generics in injectable products and soft gels. In European markets, it has long-term relationships for the development of projects and supply agreements with the European companies. In Australia and New Zealand, the Company is engaged in manufacturing and supply of soft gels and value-added manufacturing. The Company has development and supply agreements with South African companies
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[edit] Indian plants
In India the company operates eight pharmaceutical plants:
Anekal plants - The company has three plants at Suragajakanahalli in the taluka of Anekal in the southern part of the Bangalore metropolitan area. One plant makes soft gelatin capsules. Another makes tablets and hard gelatin capsules. And a third makes anti-TB medicines.
Sterile products and antibiotics plant complex - This plant complex is located at Bilekahalli, on Bannerghatta Road in southeastern Bangalore City.
Specialty chemicals plants - The company operates specialty chemicals plants at Baikampady in the New Mangalore area of Mangalore, at Panoli in Bharuch District of western Gujarat, and at Boisar, in Thane District of Maharashtra state.
STAR - Strides Technology & Research - the R&D centre at Bannerghata Road (opp. IIIM, Bangalore).
[edit] Non-Indian plants
USA - The company has a soft gelatin capsule plant at Somerset, New Jersey.
Brazil - The company has a plant at Vitória in Espírito Santo,
Mexico - The company has a plant at Chapultepec.
Europe - The group recently acquired two companies: one in Italy (Beltapharm S.pA) and the other in Polland (now Strides Polska).
Singapore- Strides Arcolab Acquired DHA,which is a wholly owned subsidiary of Haw Par Healthcare Limited, Haw Par Healthcare and is a leading player of branded generic pharmaceutical products in Singapore with presence in Malaysia and Hong Kong.This acquistition includes a GMP certified manufacturing facility in Jurong, the industrial heartland of Singapore which manufactures a range of pharmaceutical products.
Poland - This plant is through the acquisition of the former ICN Valeant sterile manufacturing unit in Warsaw, Poland
[edit] Capital markets
Strides Arcolab's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India
[edit] Global Disease Initiative
Strides is a a significant global player in the international market for quality generics to fight HIV/ AIDS, TB and malaria. Strides Arcolab Ltd has tied up with the Clinton Foundation to make available a range of affordable anti-retroviral drugs for the treatment of HIV / AIDS in countries that are under the aegis of the Clinton Foundation HIV / AIDS initiative.Strides Arcolab is also in the list of World Health Organization pre-qualified suppliers to supply generic fixed dose combination of Anti-HIV drugs.Strides is one of the largest Indian suppliers of institutionally funded aid projects and is an approved supplier to the World Bank, the African Development Bank and UNICEF,amongst others.
[edit] Key People
- Arun Kumar
- K R Ravishankar
- Deepak Vaidya
- Deepak Vaidya was appointed to the Board in January, 1998 and Chairman of the Board in December, 2005 .Mr.Vaidya is country head of Symphony Capital Partners (Asia)Pte.,Ltd., (previously known as M/s.Schroder Ventures Group), Mumbai, India and has got valuable corporate experience in the financial field in India and abroad
[edit] External links
[edit] Business Data
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