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Plethico Pharmaceuticals Ltd. Company History and Annual Growth Details

We are an emerging global healthcare company, engaged in the business
of manufacturing, marketing and distribution of a broad spectrum of
pharmaceutical and allied healthcare products, with operations in several key
markets of the world, backed by state of the art manufacturing facilities.

Historical perspective

We started our operations as a small company marketing generic drugs under
the name of Plazma Laboratories, in the year 1963. This later on resulted in the
formation of Ethico Drugs & Chemical Mfg. Co in the year 1978, a manufacturing
and marketing company selling branded generic antibiotics. We were amongst
the first to launch Doxycycline (Minicycline) and Cotrimoxazole (Timizole) in the
Indian market. Both the products were well accepted by the Indian medical
fraternity. It was this start, that gave us the required impetus in the domestic
market and paved the way for a host of new and innovative branded formulations
to be launched in India in segments like the anti-malarials, Antitubercular drugs
and so on.

In order to strengthen our marketing and distribution network, Plethico
Pharmaceuticals (P) Ltd. was established in the year 1985, with the objective of
establishing as one of the major players in the domestic Pharma market. Plethico
Pharmaceuticals (P) Ltd was converted into Public Limited Company in 1993.
The company established its presence with several major brands like RezQ,
Reziz, Koxi, Monto 3, Monto 4, Recofast, Recofast Plus, Amloz, Amloz AT,
Cebect, Cebect TZ in segments like the Antimalarials, Anti- Tubercular, Cough
& Cold, Cardiac and the Antimicrobials to name a few. 1996 saw the Company
make its foray into the international market by initiating exports to Russia, CIS,
Africa and Eastern Europe. 2003 saw the launch of our OTC division under the
umbrella of Coachs Formula Protein Health Drink. So from a humble beginning we
stand today at a sales of Rs 2221.85 Mn and a PAT of Rs 561.30 Mn for the year
ending September 30, 2005.

Key Events

1963 - 1970

.. Plazma Laboratories the first company of the group, marketing generic drugs
came into existence.
.. Commissioning of first formulation manufacturing facility at Indore Madhya Pradesh
India consisting of semi automatic sections for Tablet, Capsule and Oral Liquid.

1971 - 1980

.. Ethico Drugs & Chemical Mfg. Co was established, to manufacture and sell
branded generic antibiotics.
.. Creating of countrywide marketing network for marketing of wide range of
branded ethical medicines.

1981 1990

.. Plethico Pharmaceuticals was formed, with the objective of establishing
itself as one of the major players in the domestic pharma market.
.. Ultra Modern formulation plant established at Manglia, near Indore to produce
wide range of Allopathic Tablets, Capsules and Dry Suspension.
.. Introduced first time in India Doxycycline based unique Anti-biotic under the
brand name Minicycline and Co-Trimoxazole based unique Anti Bacterial under
the brand name Timizol
.. Launching of wide range of branded allopathic ethical medicines under widely
accepted therapeutic segments including Anti-tuberculosis, Anti-malarials,
Cardiovascular, Anti microbial and Cough & Cold Preparations.

1991 - 2000

.. Installation of Ayurvedic & Herbal formulation manufacturing plant at Indore
during 1992 under the group firm Plethico Products.
.. Plethico Pharmaceuticals was converted into Pvt Ltd Co 1991 before being
converted into a Closely Held Public Limited Company in 1992.
.. Introduced first time in India, the novel ayurvedic and herbal preparations
under the brand names - Octogen, Previl, Syndrex and allopathic combipacks, kit
packs and by-layer Tablets.
.. Up-gradation of existing manufacturing facilities at Manglia comply to the world-class
.. Successful launching of star brand Travisil, unique features of Travisil brand being
exceptional combination of taste, flavour, efficacy and international standard, in CIS
and other countries. Travisil is a combination of 16 Indian Herbs, which calls for special
blending technique coupled with extensive analytical capabilities, which was developed
in house by extensive R & D efforts.

2000 - 2005

.. Began setting up state-of-the-art formulation manufacturing plant complying to the World
Class Specifications including WHO GMP, UKMCA, USFDA etc. and was appraised by
Premiere Financial Institutions of India BoB, EXIM Bank and IDBI having enviable rapport
with all of them.

.. Commissioning of the state of the art Kalaria Plant at Kalaria, Indore.

.. Setting-up of a fully automatic advanced Pet Bottle Manufacturing Plant (Blow
Stretch Molding Plant) imported from Aoki, Japan

.. Awarded Exporter of the Year Award by Government of India

.. Setting-up of fully automatic medicated Lozenges Manufacturing Plant imported
from Klockner Hansel GmBH, Germany, with inbuilt New Delivery System to
offer therapeutic advantages to consumers

.. Sell off of Ethical Brands & Distribution chain.

.. Took Major Stake in a marketing and distribution chain in the CIS, with a well
coordinated network in Russia, Kazakhstan, Moldova, Kyrghyzstan, Ukraine and

.. Acquired status of approved 2 Star Trading House & implemented 'Peoplesoft
J.D.Edwards - (Now Oracle) - an advanced Internet based Enterprise Resource
Planning System (ERP).

.. Aspen Pharmaceuticals Limited, a Joint Venture company in Cambodia was

.. Establishment of Plethico Africa Limited, a Joint Venture to manufacture and
market in Kenya and Rest of East Africa.


- Plethico Pharmaceuticals Ltd has appointed Dr. Gulam Nabi Qazi as an Additional Director of the Company.
Oct 25, 12:00 am
Oct 25, 4:14 pm
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