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Natco Pharma Ltd. Company History and Annual Growth Details

NATCO PHARMA LTD. was incorporated on 19th September, 1981
in Andhra Pradesh as a Pvt. Ltd. Company as NATCO FINE
PHARMACEUTICALS P. LTD. and became a deemed Public Company
with effect from 1st July, 1992 under Section 43A of the
Act. Subsequently, it changed its name to NATCO PHARMA
LTD. on 18th February, 1993 and received change of name

The Company began operations in 1984 with an objective to
manufacture conventional and Timed Release Dosage forms of
life savings drugs. The company's factory is located 35km.
away from Hyderabad on Bangalore Highway No. 7. to manufacture a wide range of
tablets, capsules, liquids and dry powders using automated

Indigenisation of Microdialysis Cell technology for various
dosage forms was taken up as a challenge and Company had
introduced Antihistaminic, Antianxiety, Antiasthmatic,
Cardiac Drugs into Indian Market for the first time in
sustained action dosage forms. The major products
manufactured by the company are as follows:


The Company holds the necessary licences issued by the Drug
Control Authorities for the manufacture of these drugs at
its existing plant at Kothur, Mahaboobnagar. The turnover
of the unit increased progressively; the turnover which was
at Rs. 730 lacs for the year 1989-90 has grown to
Rs. 3689.24 Lacs for the year 1993-94.

The Company has pioneered Timed Release Technology in India
by introducing Multi-unit, Multi-layered System for the
first time in India in the year 1985. The company's
formulation Rubinat is ranked second in the Anticancer Drug
Segment and first in the Anthracyclines Segment on the
basis of turnover of 1993-94. The Company has been awarded
Import Substitution Award (1986) for Timed Release
Technology. It has well equipped Research and Development
facilities manned by qualified Scientists. Its
formulations are exported to the CIS States, Vietnam,
Hongkong, China, Netherlands, Nigeria, Tanzania and Kenya.
The Annual average exports sales for the last three years
is 21% of turnover. The Export turnover details for last
3 years are as follows:

(Rs. in lakhs)
Year Total Export % to Total
Turnover Turnover
1991-92 1169.36 47.39 4%
1992-93 2840.00 739.86 26%
1993-94 3542.74 1168.64 33%
Sept. '94 3402.59 1740.15 51%
(6 months)

The Company is a recipient of WHO Certificate for
maintaining good manutacturing practices. The Company is
one of the contract manufacturers in the pharmaceuticals
industry in India and manufactures products for companies
including Ranbaxy Laboratories Ltd., Eskayef Ltd., Parke
Davis (I) Ltd., Fulford India Limited, Cadila Ltd., John
Wyeth India Ltd., ICI Ltd. and SOL Pharmaceuticals Ltd.


-Natco Pharma (NPL) was promoted by V C Nannapaneni an NRI based in the US for 13 years.

-Launches the anti-migraine Sumatriptan Succinate under the brand name Suminat.

-Awarded an export house status by the Directorate General of Foreign trade Ministry of Commerce


-Natco Pharma Limited have entered into an agreement giving the former business rights for Natco's products in Russia and other CIS countries.

-Natco Pharma (NPL) has achieved the status of 'the complete pharma company' on the merger of its four group companies - Natco Pharma Natco Laboratories Natco Parenterals and Dr.Karanth Pharma Chemical Labs - effective 1 Apr.'95.

-Natco Pharma (NPL) was promoted in 1983 by V C Nannapaneni an NRI who had worked in the US for 13 years.


-Natco Pharma Ltd has tied up with the US pharmaceutical giant Mallin Krodt for exporting in high volume production of naproxen.


-The Executive Director Dr. K.V. Ranga Rao has resigned but continues in the capacity of a director.


-Entered into the formulations segment by recently introducing 34 products in the state.

-The company allotted 42,70 ,500 No. of equity shares at Rs. 17 each on preferential basis.


-Natco Pharma has been given a revamping package from IDBI

-Dr. Mohana R Velagapudi, Dr. K V Ranga Rao and Dr. N Ramakrishna Rao have resigned from the Board w.e.f. March 31, 2002.

-Board Approves the preferential offer of Rs 6.6 crore equity warrants to its promoters group and Rs 6 crore 12 per cent cumulative redeemable preference shares to FIs and banks.

-Natco Pharma Ltd, has received the approval from Therapeutic Goods Administration (TGA), Australia for its manufacturing facility at Mekaguda in Mehabobnagar.

-Board inducted in to the Audit Committee Dr. K U Mada as a member. The Board constituted the Remuneration Committee with the following members: 1) Dr. K U Mada, 2) Mr. Jahar Bhowmik, 3) Mr. R Monani, 4) M. G S Murthy.


-Launches the anti-cancer wonder drug under the brand name VEENAT (Imatinib 100mg capsules)

-A city pharma company has filed a criminal complaint about theft of some of its technologies by a senior executive responsible for technology management of its products

- launched Zoldonat Zoledronic Acid for injection. With this launch, NATCO has become the second company to launch Zoledronic Acid in the world, after Novartis, the patent holders.

-Launches Letronat 2.5 mg tablets (Latrozole tablets). Letrozole, the non-sterioidal aromatase inhibitor is indicated for first-line treatment of advanced breast cancer in postmenopausal women with hormone receptor positive or hormone receptor unknown locally advanced or metastatic breast cancer.

-Received an order Rs 35-fr for export of citalopram hydrobromide (which is used for the treatment as an anti-depressant) for regulated markets and imatinibmesylate (used for the treatmemt of chronic myeloid leukaemia)

-Following shareholders have sold shares in the company: 1) VC Nannapaneni - 90,000 shares, 2) Time Cap Pharma Labs Pvt. Ltd. - 2,80,000 shares.

-Received a letter from Mr. V. C. Nannapaneni, one of the share holders informing the Company that he has sold 3,32,554 shares and that his post sale holding is 49,65,346 shares (28.57% of the paid up capital).

- An award has being presented titled as 'DSIR National Award for R&D efforts in the Industry (2003)' under the Dept. of Scientific and Industrial Research, Ministry of Science and Technology, Govt. of India.

- Mr Rajeev Nannapaneni has been appointed as new Chief Operating Officer of the Company w.e.f December 1, 2003.

-Promoters offload shares to raise funds

-Unveils new drug for brain tumour therapy, Temozolomide under the brand name 'Temonat' indicated for treatment of certain forms of brain tumours.

-Launches Geftinib 250 mg., an anti-cancer drug, under the brand name 'GEFTINAT'


-Natco Pharma Limited has informed that the sad and sudden demise of Mr. Raj Monani, one of the Company's Board of Directors

-Natco Pharma Ltd has informed the that the company has launched Ganciclovir in 250 mg. capsules and 500 ml injection forms

-Natco Launches anti Cancer Drug, establishes Oncology division

-Natco Pharma Ltd, the Hyderabad-based pharmaceutical company known for its timed-release technology and affordable drugs in cancer therapy, has bagged the award from the Indian Red Cross Society of Chennai

-NATCO launches drug to treat prostate cancer

-NATCO launches drug for Ovarian Cancer

-Launches Curcumin 500 mg capsules under the brand name Turcumin


- Receives Certification of Suitability of Monographs of the European Pharmacopoeia for its active pharmaceutical ingredients - Ondansetron Hydrochloride Dihydrate and Sumatriptan Succinate by European Directorate for the Quantity of Medicines (EDQM).

-Natco Pharma Limited signs memorandum of understanding (MoU) for sharing technology related to manufacture of oncology products.

-Natco Pharma launches anti-migraine drug

-Natco Pharma ties up with Temple University, USA

-Natco Pharma launches Vorizol


-Natco announces launch of Pemnat (Pemetrexed) for treatment of non-small cell lung cancer


-Natco Pharma Ltd has announced the launch of a world class oral contraceptive under the brand name Tarana.


- Natco Pharma Ltd ties up with Dr. Reddy's for oncological products.
Oct 28, 5:50 pm
Oct 28, 5:59 pm
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