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Unichem Laboratories Ltd. Company History and Annual Growth Details

1962 - The Company was incorporated on 22nd August, at Bombay.

- The Company manufactures pharmaceutical products and chemicals on
behalf of Uni-U.C.B.(India) Pvt.Ltd., associates of the reputed
UCB of Brussels, Belgium.

- Government approved the scheme to manufacture dextran and iron
dextran cycoside in collaboration with Roshkilde Medical Company
of Denmark.

- Government also approved the Collaboration Scheme with Shofu
Dental Mfg.Co.Ltd., Japan, for the manufacture of dental

- The Company was formed to take over as a going concern the
propreitory business carried on since 1944, at Bombay, by Shri A
V Mody as manufacturing chemist and dealer in pharmaceuticals and
medicines, under the name and style of 'Unichem Laboratories'.

1983 - The Upjohn division was established, the name was changed to
UNISEARCH division with effect from 1st October, 1987. This was
to market selected specialities of Upjohn, UCB and Unichem.

1992 - Unichem Exports Limited ceased to be a subsidiary of the company
from 17th November.

1993 - The Company introduced a new antibiotic in the market, and
incurred substantial cost on the new launch.

1994 - The Company made an Issue of Equity Shares to the shareholders,
promoters and employees as a result of which the Equity share
Capital has increased to Rs.199.12 lacs.

1995 - The Pharma Division extended its products range by launching two
new molecules and one additional formulation in the market.

- 5,59,900 No. of Equity Warrants were allotted to th
Promoters/Promoter Group.

1998 - The Company has launched three new products in three different
therapeutic areas i.e. Cardiovascular, Anti Inflammatory and Anti
oxidant under the brand names CORVADIL-A, PRONIM and PRO-RIDAGE.

- The company has a technical collaboration with Shofu Dental
Manufacturing Co, Japan and Roshkilde Medical Co, Denmark.

- The Company has launched three new products in three different
therapeutic areas viz., Satin a cholesterol reducer in the area
of cardiovascular therapeutic segment; Domadol in the post
operative pain management segment and Zonep in the psychiatry

- The company recently commissioned a Rs 20-crore manufacturing
facility at Bardez in Goa, specially designed to meet stringent
standards in export markets.

1999 - The Company's new Division mainly catering to Women's Healthcare
called 'FOREVA' was launched on 1st April.

- The Company has launched eight new products, Losar, Serta,
Biclar, Zisper, M-cam, Flospar, Lanpro, Anticox 3.

- Unichem Laboratories, a leading pharmaceutical company, has
launched 'M-Cam', a non-steroidal anti-inflammatory drug
(NSAID) for the treatment or arthritis.

- The company has recently commissioned its multi-purpose
facility at Roha in Maharashtra to manufacture a range of bulk
drugs scheduled to go off patent in advanced markets by 2000.

- The company has tied up with Aptech and NIIT to reach a
majority of the nearly 3,000 cardiologists and over 20,000
physician MDs in the country.

2000 - Unichem Laboratories has entered into a strategic alliance with
the Korean Green Cross Corporation to market Urokinase.

- The Company has introduced 'Celib' for management of arthritis.
The Company has launched a website on Celib for doctors and
patients called www.celibunichem.com.

- Unichem Laboratories has launched Zulu, the first muscle relaxant
containing nimesulide and tizanidine.

- The Foreva, the Women's healthcare division of the company has
acquired the marketing and distribution rights for Partobulin
(Anti-D Immunoglobulin) in India from Baxter Healthcare.

- The Company will launch its own version of Pfizer's impotence pill Viagra
under the brand name Erix.

2001 - Foreva, the women's healthcare division of Unichem Laboratories, has entered
into a technical tie-up with the US-based Protein Technologies International Inc, a
DuPont division, for developing a soya protein supplement for women called Nutreva.


-Enters into Joint Venture with the former Directors of the Bioglan group in Ireland.

-Bharat Bio signs marketing alliance with the company to market hepatitis-B, recombinant.

-Ind-Swift ties up with the company for Co-marketing pact to co-market finished dosages of its anti-depressant drug citalopram


-Registered a net profit increase by around 10.6% in the I quarter at Rs.9.4crs for the same period last year.

-Enters into an agreement for the sale of its Animal Healthcare Division to M/s Tetragon Chemie Ltd.

-Appoints Mr Prafful D Sheth as the Director of the company.

-Unichem Laboratories Ltd, a Mumbai based Rs 475-crore pharmaceutical company, has received ISO 9001 & 14001 certificates

- On April 20, 2005 announces commencement of production at its second unit at Baddi, Himachal Pradesh.


-Unichem Laboratories enters into agreement with PLIVA inc, USA


- Unichem Laboratories Ltd has appointed Mr. Harcharan Singh as Chief Executive - Pharma with effect from March 24, 2009. He shall report to the Board.
Oct 25, 12:00 am
Oct 25, 4:14 pm
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