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Profile of Alkem Laboratories

Essay by   •  September 6, 2011  •  Essay  •  391 Words (2 Pages)  •  1,807 Views

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PROFILE OF ALKEM LABORATORIES

Alkem Laboratories Ltd. was founded in 1974 by one of India's respected entrepreneurs, Shri Samprada Singh. In the last three and a half decades of its operations, Alkem has successfully emerged as a leading domestic Pharma major in and is rapidly multiplying its international footprint. Alkem has carved out for itself, a special reputation in the field of sales and marketing. In India, the strength of Alkem's sales and marketing, along with its expertise in brand buildings are recognized widely and are considered as amongst the very best. Some of the biggest brands in the Indian Pharma market are the Alkem brands. The Alkem product portfolio encompasses a wide spectrum of therapeutic groups, ranging from Anti bacterials, NSAIDS, Gastro Enterology products, Gynaecology products, CNS and CVS products along with an impressive oncology range. Alkem has shown remarkable success with new products and converted several of them into market leaders. For a company with patented new molecules, seeking sales and marketing partners in India, Alkem emerges as the ideal Indian partner. Alkem also has to its credit, world class manufacturing facilities approved by several regulatory authorities. Alkem's formulation facilities for cephalosporins (oral & sterile), Penicillins (oral & sterile) and General products have been approved by the regulatory authorities of US FDA, Europe, South Africa and Australia. Thus, Alkem offers a plethora of product opportunities for companies interested in sourcing products from India. Alkem is a financially secure company. Alkem has been conferred for two consecutive years (2007 and 2008) the P1+ RATING by CRISIL INDIA (SUBSIDIARY OF STANDARD AND POOR), the best possible rating for a short term debt. Research and development are its major focus areas and Alkem has undertaken several initiatives and activities in order to continue a steady process of enhancement in these areas. Alkem possesses its own CRO, Phoenix Bio Pharma Research Centre in Mumbai, an unit approved by ANVISA,Brazil. As an overall diversification strategy, Alkem has recently entered Nutritional and health foods business, Alkem Health foods

Alkem has installed one of the largest Sucralose manufacturing production plants Mandva, Gujarat.

* Developed a cost effective , environment friendly, patent non infringing process for sucralose

* Conforms to USP-NF specifications

* Certified by CFTRI & BAJAJ centre

* Dedicated facility based on regulated market requirements

Alkem aims to continually improve in its rankings in India and simultaneously spread its wings within the international market.

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