Shilpa Medicare Ltd - Company Profile
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Shilpa Medicare Ltd (Shilpa Medicare) focuses on the development, manufacture, and commercialization of generic pharmaceutical products and active pharmaceutical ingredients (APIs) and formulations for both domestic and international markets. The company product portfolio is spread across non-oncology and oncology therapeutic areas. The formulations are provided in a full range of injectable and oral dosage forms. The company also offers contract research and manufacturing services for APIs, formulations, new drug delivery systems (NDDS), specialty chemicals, and biotech products. It exports its drug products to the US, Europe, and other international markets. The company has three R&D units, two formulations plants, two API plants in India. Shilpa Medicare is headquartered in Raichur, Karnataka, India.
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Products and Services
Products | Services | Brands |
---|---|---|
- | - | - |
Active Pharmaceutical Ingredients | Continuous Flow Chemistry | VOMISTRIP |
Formulations: | Formulation Development & Manufacturing | VOMISTRIP-4 |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Acquisitions/Mergers/Takeovers | In November, the company announced the acquisition of Pilnova Pharma Inc. |
2023 | Regulatory Approval | In May, the company secured approval US FDA for New Drug Application for Pemetrexed Injection 1000 mg/100 ml, 500 mg/50 ml & 100 mg/10 ml. |
2022 | Regulatory Approval | In September, the company received approval from the CDSCO (Drug Controller General of India) for its Tranexamic Acid Spray. |
Competitor Comparison
Key Parameters | Shilpa Medicare Ltd | Lupin Ltd | Glenmark Pharmaceuticals Ltd | GlaxoSmithKline Pharmaceuticals Ltd | J B Chemicals and Pharmaceuticals Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Raichur | Mumbai | Mumbai | Mumbai | Mumbai |
State/Province | Karnataka | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
No. of Employees | 1,033 | 18,971 | 15,556 | 3,680 | 5,095 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Omprakash Inani | Chairman | Executive Board | - | - |
Alpesh Dalal | Chief Financial Officer | Senior Management | 2021 | 48 |
Sharath Reddy Kalakota | Director; Vice President- Projects & Operations | Executive Board | 2022 | - |
Vishnukant Chaturbhuj Bhutada | Director; Managing Director | Executive Board | - | - |
Dr. Jayant Karajgi | Chief Operating Officer - Formulations | Senior Management | - | 55 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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