Home  »  Company  »  Cadila Healthcare Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Cadila Healthcare Ltd. Company History and Annual Growth Details

1995

- The Company was incorporated as Cadila Healthcare Private Ltd. on May
15, under the company act, 1956 and subsequently the Company was
converted into a public company and then renamed as Cadila Healthcare
Ltd. effective from Juy 17, 1996.

- The name 'Cadila' shall be used only for 'Cadila Healthcare Limited'
(Zydus Cadila), 'Cadila Pharmaceuticals Limited' (CPL) and 'Cadila
Laboratories Limited' (CLL).

- The Company is flagship company of Zydus Cadila Group.

- The Company's operations include pharmaceuticals (human formulations,
veterinary formulations and bulk drugs); diagnostics, herbal products,
skin care products and other OTC products.

- The Company has 6 subsidiaries Indon Healthcare Ltd., Zydus
Pharmaceuticals Ltd., Zudus Aqrovet Ltd., Zoom Properties Pvt. Ltd.,
Zydus International Pvt. Ltd., Ireland and Zydus Healthcare S.A. (Pvt)
Ltd., South Africa.

- Zydus Cadila signed an agreement with Anda Biologicals, France, for
Marketing and distribution of diagnostic kits. Anda to appoint a max.
of two distributors in India.

1996

- Zydus Cadila signed an agreement with Centeon L.L.C., USA and Centeon
Pharama GMBH, Germany for Exclusive rights to sell and distribute
plasma products in India and Nepal.

- In May, Zydus Cadila signed an agreement with Acta Services Srl.,
Rome for distribution of Diagnostic instrument Acto 1 Analyser manu. By
Acta.

- In June, Zydus Cadila signed an agreement with China Resources Gulin
Pharma, Works, China, for exclusive supply of Artesunate Granules to
Zydus Cadila.

- In July, Zydus Cadila signed an agreement with Shimizu Chemical
Corporation, Japan, for Marketing of specified products by Zydus Cadila
in India.

1997

- A Scheme of Arrangement and Amalgamation was sanctioned by honorable
High Court of Gujarat by order passed on May 2 issued on August 16th.

- Zydus Cadila would issued 1,48,423 fully paid-up equity shares of Rs
10/- each to the shareholders of Patel Group in exchange for the assets
transferred to them of Transferor companies.

- Zydus Cadila has also tied-up with Regional Research Laboratory
Jammu, to develop Enzymatic Resolution for Paroxetine HCL and some
other Enzymatic products.

1998

- In February, Zydus Cadila signed an agreement with Apotex SA Pty.
Ltd. for manufacturer of Amoxycillin, Ampicillin, Co - trimoxazole,
paracetamol.

- Zydus Cadila has also entered into a joint venture with Korea Green
Cross Corporation, Korea, to manufacture and market recombinant
Hepatitis B vaccine in India.

1999

- In April, Zydus Cadila signed an agreement with Ethical Holdings Plc,
Beta Pharma, and Ethical Pharma South America S.A. for Know-how Licence
Agreement to manufacture, marketing and sell transdermal pharmaceutical
formulations.

- In September, Zydus Cadila signed an agreement with Cherry Valley
Farms Ltd., UK for supply of vaccine eggs.

- Zydus Cadila has entered into a 50:50 joint venture with Byk Gulden
of Germany, a renowned, research-oriented Pharma company of Germany and
the world-wide patent holder of the novel proton pump inhibitor,
'Pantoprazole'.

- During the year under report, the Company had issued 2,00,000 12%
Cumulative Redeemable Preference shares of Rs. 100/- each fully paid to
the members of the Company, which are redeemable at par on 1st July,
2001.

- During the year under report, Indon Healthcare Limited and Zydus
Aqrovet Limited, have become wholly owned subsidiaries of the company.

- During the year under report, the Company has undertaken to set up a
new project for manufacturing the bulk drug-Losartan at Ankleshwar.

- The Company laid the foundation for a new feed supplement plant, at
Vatwa. The feed supplement for poultry and cattle has been developed
by tie company's R & D bio-tech department.

- The Company has set up a joint venture company to manufacture the
break-through molecule Pantoprazole. The Company is also undertaking
discovery research projects with Byk Gulden as a pan of the Joint
Venture.

- The Company has entered into a technical-cum-marketing tie-up with
the Swiss Serum and Vaccine Institute, Berne, Institute to launch a
range of vaccines in India.

- The Company has entered into a joint venture with the Haffkine
institute to undertake research in the field of human vaccine and
equine sera.

- A new State-of-Art Research & Development centre being set-up with
the capital cost of approximately Rs. 25.00 crores in the Village:
Moraiya. Taluka:Sanand, Dist.: Ahmedabad.

- During the year under report the Company has launched several new
products in the market : Vac Typh, HB Vac, Xylodac, Losartan, Losacar
was the first to be launched in India & Matergam P.

- The Company has set up manufacturing premises to manufacture the feed
supplement - Improval at GIDC Vatwa.

- Shir Pranlal Bhogilal was appointed as an additional Director of the
Company with effect from 15th December, 1998 pursuant to Section 260 of
the Companies Act, 1956.

- Shri Mukesh M. Patel Director of the Company retires by rotation and
he is eligible for reappointment.

- A new welfare policy has been introduced for employees of the
Company.

2000

- The Company is setting up wholly owned subsidiaries abroad and plans
to acquire overseas companies to market products.

- The Company has entered into License Agreement for phased manufacture
and technical know-how transfer with Swiss Serum and Vaccine Institute,
Switzerland for the manufacture of Purified Cuck Embroy Vaccine.

- The Country's fifth largest pharmaceutical company, is considering
offering stocks to its employees through an employees' stock option
scheme.

- The Company has launched two drugs for the treatment of human
immunodeficiency virus.

- The Bulk Drugs at Ankleshwar in Gujarat has an ISO 9002 certification
for the manufacture and supply of a number of molecules.

- Public Issue of 1,48,86,000 No. of Equity shares ('Issue') of Rs 5/-
each issued for cash at a premium of Rs [] per share aggregating Rs []
million. The Issue includes a Book Built Portion of 1,33,97,400 No. of
equity shares and a Fixed price portion of 14,88,600 No. of Equity
Shares.

- Authorised share capital of the Company is Rs 500 million divided
into 9,00,00,000 No. of Equity Shares of Rs 5/- each and 5,00,000
Preference Shares of Rs 100/- each.

- During the year under report, the Company has been recognise as a
'Prestigious Unit' and granted adhoc eligibility for Sales Tax
deferment by the Industries Commissionerate, Gandhinagar, under New
Incentive Policy - Capital Investment Incentive to Premier/ Prestigious
unit scheme 1995-2000.

- During the year under report Zydus Pharmaceuticals Limited and Zoom
Properties Limited have become Wholly Owned Subsidiaries of the
Company.

- The Company has formed a JV Company in the name of Zydus Byk
Healthcare Limited with an equal participation in collaboration with
Byk Gulden Lomberg Chemische Fabrik GmbH, Germany, for manufacturing of
Bulk Drugs, Formulations and R & D.

- The Company has also formed a JV Company in the name of Sarabhai
Zydus Animal Health Ltd. in collaboration with Ambalal Sarabhai
Enterprises Ltd., Baroda, with an equal participation to carry on the
business of animal health segments.

- The company has also entered into a technical collaboration with
Ethical Holdings of U.K. to manufacture and market transdermal patches
in India.

- The Company launched block-buster molecules Atorvastatin (Atorva),
Lamivudine (Lamidac 100) and Celecoxib (Zycel), Meloxicam (Mel-OD) and
Carvedilol (Carvil) during the year.

- The company was the first to launch the anti-hypertensive drug
Losartan in India.

- Currently ranked 6th largest pharmaceutical company in India, Cadila
Healthcare is one of the fastest growing pharmaceutical companies in
the country.

- It has also entered into a technical collaboration with Ethical
Holdings of the UK to manufacture and market transdermal patches in
India.

- Zydus Cadilla has also entered into a technical collaboration with
Ethical Holdings of the UK to manufacture and market transdermal
patches in India.

- Cadlia Healthcare (CHL) has signed an MoU with Rs 54 crore Recon
Limited, whereby it will acquire all the 8 formulation brands of the
Bangalore based comapny, as well as its distribution network.

- The new company, 'Recon Healthcare Ltd' is now a subsidiary of Zydus
Cadila with Zydus holding 90 per cent stake.

- Cadila Healthcare Ltd is setting up wholly owned subsidiaries abroad
and plans to acquire overseas companies to market products.

- Cadila also launched zidovudine, which is imported and marketed under
the brand name Zydowin. Zidovudine, commonly called AZT, is an
AIDS-retardant drug made by Glaxo Wellcome.

- Zydus Alidac, the marketing arm of Cadila Healthcare Ltd., has
launched www.penegra.org.

-The Ahmedabad-based Cadoila Healthcare has completed the phase-III
clinical trials and the bioequivalence study of the wonder drug
sildenafil citrate (Viagra).

2001

- Cadila Healthcare has signed a three year collaborative R&D agreement
with Danish biotech company Pantheco in the field of anti-bacterials.

- The neurosciences division launched by the company has introduced
anxiolytic paroxetine for the first time in the country.

- Cadila Healthcare Ltd has posted a 14.75 per cent increase in net
profit at Rs 21.86 crore for the quarter ended September 30, 2001.YEAR
EVENTS 1995

- The Company was incorporated as Cadila Healthcare Private Ltd. on May
15, under the company act, 1956 and subsequently the Company was
converted into a public company and then renamed as Cadila Healthcare
Ltd. effective from Juy 17, 1996.

- The name 'Cadila' shall be used only for 'Cadila Healthcare Limited'
(Zydus Cadila), 'Cadila Pharmaceuticals Limited' (CPL) and 'Cadila
Laboratories Limited' (CLL).

- The Company is flagship company of Zydus Cadila Group.

- The Company's operations include pharmaceuticals (human formulations,
veterinary formulations and bulk drugs); diagnostics, herbal products,
skin care products and other OTC products.

- The Company has 6 subsidiaries Indon Healthcare Ltd., Zydus
Pharmaceuticals Ltd., Zudus Aqrovet Ltd., Zoom Properties Pvt. Ltd.,
Zydus International Pvt. Ltd., Ireland and Zydus Healthcare S.A. (Pvt)
Ltd., South Africa.

- Zydus Cadila signed an agreement with Anda Biologicals, France, for
Marketing and distribution of diagnostic kits. Anda to appoint a max.
of two distributors in India.

1996

- Zydus Cadila signed an agreement with Centeon L.L.C., USA and Centeon
Pharama GMBH, Germany for Exclusive rights to sell and distribute
plasma products in India and Nepal.

- In May, Zydus Cadila signed an agreement with Acta Services Srl.,
Rome for distribution of Diagnostic instrument Acto 1 Analyser manu. By
Acta.

- In June, Zydus Cadila signed an agreement with China Resources Gulin
Pharma, Works, China, for exclusive supply of Artesunate Granules to
Zydus Cadila.

- In July, Zydus Cadila signed an agreement with Shimizu Chemical
Corporation, Japan, for Marketing of specified products by Zydus Cadila
in India.

1997

- A Scheme of Arrangement and Amalgamation was sanctioned by honorable
High Court of Gujarat by order passed on May 2 issued on August 16th.

- Zydus Cadila would issued 1,48,423 fully paid-up equity shares of Rs
10/- each to the shareholders of Patel Group in exchange for the assets
transferred to them of Transferor companies.

- Zydus Cadila has also tied-up with Regional Research Laboratory
Jammu, to develop Enzymatic Resolution for Paroxetine HCL and some
other Enzymatic products.

1998

- In February, Zydus Cadila signed an agreement with Apotex SA Pty.
Ltd. for manufacturer of Amoxycillin, Ampicillin, Co - trimoxazole,
paracetamol.

- Zydus Cadila has also entered into a joint venture with Korea Green
Cross Corporation, Korea, to manufacture and market recombinant
Hepatitis B vaccine in India.

1999

- In April, Zydus Cadila signed an agreement with Ethical Holdings Plc,
Beta Pharma, and Ethical Pharma South America S.A. for Know-how Licence
Agreement to manufacture, marketing and sell transdermal pharmaceutical
formulations.

- In September, Zydus Cadila signed an agreement with Cherry Valley
Farms Ltd., UK for supply of vaccine eggs.

- Zydus Cadila has entered into a 50:50 joint venture with Byk Gulden
of Germany, a renowned, research-oriented Pharma company of Germany and
the world-wide patent holder of the novel proton pump inhibitor,
'Pantoprazole'.

- During the year under report, the Company had issued 2,00,000 12%
Cumulative Redeemable Preference shares of Rs. 100/- each fully paid to
the members of the Company, which are redeemable at par on 1st July,
2001.

- During the year under report, Indon Healthcare Limited and Zydus
Aqrovet Limited, have become wholly owned subsidiaries of the company.

- During the year under report, the Company has undertaken to set up a
new project for manufacturing the bulk drug-Losartan at Ankleshwar.

- The Company laid the foundation for a new feed supplement plant, at
Vatwa. The feed supplement for poultry and cattle has been developed
by tie company's R & D bio-tech department.

- The Company has set up a joint venture company to manufacture the
break-through molecule Pantoprazole. The Company is also undertaking
discovery research projects with Byk Gulden as a pan of the Joint
Venture.

- The Company has entered into a technical-cum-marketing tie-up with
the Swiss Serum and Vaccine Institute, Berne, Institute to launch a
range of vaccines in India.

- The Company has entered into a joint venture with the Haffkine
institute to undertake research in the field of human vaccine and
equine sera.

- A new State-of-Art Research & Development centre being set-up with
the capital cost of approximately Rs. 25.00 crores in the Village:
Moraiya. Taluka:Sanand, Dist.: Ahmedabad.

- During the year under report the Company has launched several new
products in the market : Vac Typh, HB Vac, Xylodac, Losartan, Losacar
was the first to be launched in India & Matergam P.

- The Company has set up manufacturing premises to manufacture the feed
supplement - Improval at GIDC Vatwa.

- Shir Pranlal Bhogilal was appointed as an additional Director of the
Company with effect from 15th December, 1998 pursuant to Section 260 of
the Companies Act, 1956.

- Shri Mukesh M. Patel Director of the Company retires by rotation and
he is eligible for reappointment.

- A new welfare policy has been introduced for employees of the
Company.

2000

- The Company is setting up wholly owned subsidiaries abroad and plans
to acquire overseas companies to market products.

- The Company has entered into License Agreement for phased manufacture
and technical know-how transfer with Swiss Serum and Vaccine Institute,
Switzerland for the manufacture of Purified Cuck Embroy Vaccine.

- The Country's fifth largest pharmaceutical company, is considering
offering stocks to its employees through an employees' stock option
scheme.

- The Company has launched two drugs for the treatment of human
immunodeficiency virus.

- The Bulk Drugs at Ankleshwar in Gujarat has an ISO 9002 certification
for the manufacture and supply of a number of molecules.

- Public Issue of 1,48,86,000 No. of Equity shares ('Issue') of Rs 5/-
each issued for cash at a premium of Rs [] per share aggregating Rs []
million. The Issue includes a Book Built Portion of 1,33,97,400 No. of
equity shares and a Fixed price portion of 14,88,600 No. of Equity
Shares.

- Authorised share capital of the Company is Rs 500 million divided
into 9,00,00,000 No. of Equity Shares of Rs 5/- each and 5,00,000
Preference Shares of Rs 100/- each.

- During the year under report, the Company has been recognise as a
'Prestigious Unit' and granted adhoc eligibility for Sales Tax
deferment by the Industries Commissionerate, Gandhinagar, under New
Incentive Policy - Capital Investment Incentive to Premier/ Prestigious
unit scheme 1995-2000.

- During the year under report Zydus Pharmaceuticals Limited and Zoom
Properties Limited have become Wholly Owned Subsidiaries of the
Company.

- The Company has formed a JV Company in the name of Zydus Byk
Healthcare Limited with an equal participation in collaboration with
Byk Gulden Lomberg Chemische Fabrik GmbH, Germany, for manufacturing of
Bulk Drugs, Formulations and R & D.

- The Company has also formed a JV Company in the name of Sarabhai
Zydus Animal Health Ltd. in collaboration with Ambalal Sarabhai
Enterprises Ltd., Baroda, with an equal participation to carry on the
business of animal health segments.

- The company has also entered into a technical collaboration with
Ethical Holdings of U.K. to manufacture and market transdermal patches
in India.

- The Company launched block-buster molecules Atorvastatin (Atorva),
Lamivudine (Lamidac 100) and Celecoxib (Zycel), Meloxicam (Mel-OD) and
Carvedilol (Carvil) during the year.

- The company was the first to launch the anti-hypertensive drug
Losartan in India.

- Currently ranked 6th largest pharmaceutical company in India, Cadila
Healthcare is one of the fastest growing pharmaceutical companies in
the country.

- It has also entered into a technical collaboration with Ethical
Holdings of the UK to manufacture and market transdermal patches in
India.

- Zydus Cadilla has also entered into a technical collaboration with
Ethical Holdings of the UK to manufacture and market transdermal
patches in India.

- Cadlia Healthcare (CHL) has signed an MoU with Rs 54 crore Recon
Limited, whereby it will acquire all the 8 formulation brands of the
Bangalore based comapny, as well as its distribution network.

- The new company, 'Recon Healthcare Ltd' is now a subsidiary of Zydus
Cadila with Zydus holding 90 per cent stake.

- Cadila Healthcare Ltd is setting up wholly owned subsidiaries abroad
and plans to acquire overseas companies to market products.

- Cadila also launched zidovudine, which is imported and marketed under
the brand name Zydowin. Zidovudine, commonly called AZT, is an
AIDS-retardant drug made by Glaxo Wellcome.

- Zydus Alidac, the marketing arm of Cadila Healthcare Ltd., has
launched www.penegra.org.

-The Ahmedabad-based Cadoila Healthcare has completed the phase-III
clinical trials and the bioequivalence study of the wonder drug
sildenafil citrate (Viagra).

2001

- Cadila Healthcare has signed a three year collaborative R&D agreement
with Danish biotech company Pantheco in the field of anti-bacterials.

- The neurosciences division launched by the company has introduced
anxiolytic paroxetine for the first time in the country.

- Cadila Healthcare Ltd has posted a 14.75 per cent increase in net
profit at Rs 21.86 crore for the quarter ended September 30, 2001.

2002

-Cadila Healthcare Ltd has informed BSE that at the meeting of the Board of Directors of the company held on August 20, 2002 it has been decided to issue/allot Secured Redeemable Non Convertible Debentures for an aggregate face value of Rs 700 million by private placement basis at an interest rate of 8.40% p.a.

2003

-Mr.UpenShah has been designated as the Company Secretary and Compliance Officer
of Cadila Healthcare Ltd.

-Zydus Cadila, the ahmedabad based healthcare has bagged global marketing rights
of an anti-rabies vaccine of vaxirab a swiss company Berna Biotech.

-Cadila Healthcare receives Mumbai High court approval for the scheme of amalgamation
with German Remedies Ltd and Zoom Properties Ltd.

-Cadila Healthcare Ltd has acquired US base Alpharma Inc's French Subsidiary Alpharma
SAS France for a consideration of Euro 5.5 million.

-Mr.H.K.Bilpodiwala, Mr.H.Dhanarajgir and Mr.A.S Diwanji have been appointed as the
additional directors on the board of the company.

-Zydus Cadila Healthcare Ltd has signed a pact with Schering AG, Germany which allows
the Indian Pharmaceuticals major to market Schering's patented products in India.

-Duphar Interfran, a subsidiary of Fermenta Biotech Ltd signed an agreement with
Cadila Ltd for the sale of FBL's global patents of Chiral Building blocks and process
teechnology for the manufacture of Lisinopril and Benazepril.

-Zydus forges marketing pact with Schering

2004

-Zydus Cadila sets up Zydus Pharmaceuticals USA, Inc

-Zydus Cadila inks strategic pact with Boehringer Ingelheim

-Zyndus Altana Healthcare - the JV between Altana Pharma AG and Zyndus Cadila, has been accredited with the ISO 9001-2000 certificate.

2005

- Zydus Cadila receives approval from the USFDA to market the anti-hypertensive drug, Atenolol, and an anti-infective drug, Clindamycin on 31 Jan and 1 Feb.

-Zydus Cadila unveils 'Pitavastatin' to control cholesterol on February 21, 2005

-Cadila ties up with Tyco unit to sell generic drugs in US

- Launches NuPatch - India's first indigenously manufactured Diclofenac transdermal patch for pain relief.

-Cadila Healthcare & Mayne signs agreement to set up JVC to manufacture specialty oncology products

-Cadila Healthcare - German Remedies launches Fludara Oral for Lymphocytic Leukaemia

-Zydus Cadila receives tentative approval for Divalproex Sodium DR Tablets from US FDA

-Cadila Healthcare receives approval for Promethazine Tablets from USFDA

-Cadila Healthcare enters into JV with BSVL

2006

-Zydus Cadila forges alliance with French firm

-Zydus Cadila receives USFDA approval for Simvastatin Tablets

-Zydus Cadila to acquire Nutralite - India's largest selling cholesterol-free margarine

-Sarabhai Zydus to roll out immuno-diagnostics kits

2007

-Cadila Healthcare Ltd on April 19, 2007 has announced the acquisition of Nippon Universal Pharmaceutical Ltd.

- Cadila Healthcare Ltd has announced that its second overseas acquisition this year, the Company signed an agreement to acquire 100% stake in Quimica e Farmaceutica Nikkho do Brasil Ltda.

-Zydus Cadila acquires Nippon Universal, strengthens its presence in Japan

-Zydus Cadila, the first to launch revolutionary anti-obesity drug Slimona in India

-Zydus Cadila acquires Brazilian Company Nikkho

2008

-Zylus Cadila, Karo Bio to jointly develop new drugs

-Zydus Cadila & Karo Bio of Sweden sign research agreement for a novel drug to treat inflammatory diseases

-Zydus Cadila acquires Etna Biotech, a subsidiary of Crucell N.V.

-Zydus scores with first day launch of Venlafaxine Hydrochloride in the US

2009

-Zydus Cadila announces research collaboration to discover and develop new cardiovascular medicines

-Zydus Research Centre Receives AAALAC Accreditation

2010

-CHL announces Bonus Shares in the ratio of 1:2

- India unveiled its first indigenous H1N1 vaccine, which was developed by drug firm Cadila Healthcare and this vaccine will provide immunity from the H1N1 virus strain for one year.
 
Subscribe now to get personal finance updates in your inbox!