The Silicon Review
September, 2019
The pharmaceutical industry is setting up new trends in the field of pharmacy and Biological sciences. The main is to discover and develop new drugs and to bring them into the market. The pharmaceutical industry aims to bring in new discoveries such as vaccines, pills, and other generic medicines. It mainly deals with medications and medical devices. They do hold patenting rights on certain medications; they also perform efficient drug testing, drug safety tests, and marketing of the newly formulated drugs. They also play a pivotal role in drug targeting and drug designing.
The pharmaceutical industry plays a vital role in the field of Life Sciences. One's such a pioneer pharmaceutical industry that is leading with an example is Emcure, headquartered at Pune in West India. The company was incorporated as Emcure Pharmaceuticals Private limited on April 16, 1981. The name of the firm embodies the purpose and core belief of the company which is to make Effective Medicine to cure patients, to lead healthier and happier lives.
The firm is ranked as the 12th largest pharmaceutical company in India in terms of market share, which is based on the domestic sales of pharmaceutical products. The firm believes that there is a competitive advantage in the domestic market lies. The company has its presence in all major therapeutic areas like blood-related, cardiology, analgesics, HIV, gynecology, nephrology, Anti-infective, vitamins, and nutrient product.
Main Objectives
The firm believes in integrity, innovation, teamwork, respecting the fellow worker, value-driven resources, and quality and most importantly they focus on its patients. These are the core values that are followed by the company.
Perception
The main vision of the firm is to emerge as a global leader, which offershigh quality and cost-effective healthcare services.
Facilities provided
Research and Development (R&D)
The in-house research and development capabilities of the company have enabled us to take innovation and technology to the next level across the world. The team is one of the cornerstones of the operations and has contributed extensively to the Indian pharmaceutical industry.
Manufacturing unit
Emcure’s manufacturing sectors are spread across 11 world-class manufacturing facilities and are ranked as the best pharmaceutical industry amongst other global leaders. The firm also has API manufacturing facilities which help in building integrity in the field of quality and cost control.
The facilities have the capability to manufacture various pharmaceutical dosage forms such as;
Solid Orals: the firm produces a wide range of solid orals like dissolvable and chewable tablets, hard and soft-shelled capsules with a controlled release and precise drug targeting.
Injectable: the company handles various packaging formats like- prefilled syringes, lyophilized as well as injectable facilities. The firm also produces cancer drugs that have complex mechanisms.
APIs: the firm manufactures distinct APIs like intermediates, iron compounds, general-purpose APIs, and cytotoxins.
Milestones achieved
Acquired Marcan pharmaceuticals Inc. in Canada, acquired Bharadwaj Pharma GMBH in Germany, expanded the company in the US to enhance manufacturing facility, Sanand Injectable facility commenced USFDA approval of Sanand and F-II, etc.
Current Research
Emcure is the premier pharmaceutical manufacturing company in India. The firm is focused on cutting-edge research. The research and development team is comprised of more than 500 scientists highly qualifies in their respective subjects and many research scholars. The team is dedicated to developing complex APIs, formulations, and biosimilars by using chemistry, biologics, analytical, regulatory, and intellectual property expertise.
The staunch behind the domicile of Emcure
Humayun Dhanrajgir, the Chairman and Director of Emcure since 2000 and a pioneer in the field of chemical engineering and pharmaceuticals. He has held several senior management positions including the position of the vice-chairman and the managing director of Glaxo India Limited. He has also held the position of the managing director of Kodak India Limited. He has also served as the president of the organization of pharmaceutical producers of India in 1992 and was also a member of the Bombay Chamber of Commerce and Industry. He is a member of Global advisory board of Asian center for corporate governance and sustainability. He is a graduate in Chemical Engineering from Loughborough University, United Kingdom.
The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...
Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...
2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...
Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...