Our History

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Our History

Shilpa Medicare has been on path of expansion ever since its inception in 1987. With a regulatory recognized manufacturing set up and excellent scientific expert team in place, Shilpa Medicare has since been on a steady growth path. Currently we are one of the leaders in the Oncology market and offer a complete range of products in this segment spanning across APIs, formulations both in terms of R&D and manufacturing capabilities. Further to consolidation in field of oncology API and formulations, we are striving to put in our efforts in field of novel drug delivery systems and biotech products along with widening our focus to other therapy areas. Where we are today has been the result of our constant endeavors for more than two decades. We are proud to share our journey from being a small start-up to a well-recognized establishment …

CHRONOLOGY OF EVENTS

1987

Shilpa Medicare Ltd. established as Shilpa Antibiotics Ltd.

1989

Shilpa Medicare Ltd. started its first commercial production of Trimethoprim.

1992

Antibacterial products manufacturing started for companies such as Bombay Drug House Pvt Ltd and GlaxoSmithKline Pharmaceuticals Ltd.

New production facilities inducted for the manufacture of Sodium methoxide by indigenously developed technology.

1993

Shilpa Medicare was converted into a Public Limited Company

1995

Shilpa Medicare was listed on Bombay Stock Exchange on Jun 19, 1995

2004

First patent application filed

2007

Shilpa Medicare acquired 100% stake in Loba Feinchemie GmbH, Austria

2008

Govt. of India awarded 'Best Entrepreneur Award' to Mr. Vishnukant, MD-Shilpa Medicare.

  • Also - "Emerging India Runner Award” given by CNBC.
  • Also -"Star Export House" Status from Ministry of Commerce and Industry, Govt. of India.

2009

Shilpa Medicare listed on National Stock Exchange (NSE) on Dec 03, 2009.

  • Shilpa Medicare entered 50:50 joint venture with Industria Chimica SRL, Italy (ICE) and Prodotti Chini Alimetari SpA, Italy (PCA).
  • First DMF filed for Oncology API- Anastrozole.

2010

Shilpa Medicare successfully set up a 100% EOU project incurring a capital expenditure of nearly Rs. 1000 million.

  • RaichemLifesciencesPvt Ltd secured ISO 9001:2008 certification
  • ‘Best District Export Award’ given by FKCCI, Bangalore
  • “Star Export Excellence Award” given by VITC, Bangalore

2011

Shilpa Medicare acquired a controlling stake in Hyderabad-based “Nu Therapeutics”

  • “State of Art R&D center established in Vizag and started its operations
  • “M/s Raichem Life Sciences Private Limited, a 100% subsidiary of Shilpa Medicare Ltd., merged with Shilpa Medicare Ltd.
  • “US operations started

2012

National Energy Conservation Award (Ist Prize in drugs & pharmaceuticals sector), by President of INDIA.

2013

Shilpa Medicare Formulations facility (Manufacturing of Oral & Injectible (Onco Products) at Pharma Park Jadcherla (SEZ), near Mahaboobnagar (Telangana) became fully operational.