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	\| homepage = [http://www.shanthabiotech.com Shanthabiotech.com]		\| homepage = [http://www.shanthabiotech.com Shanthabiotech.com]
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	'''Shantha Biotechnics Limited''' is an ~~[[India]]n~~ [[biotechnology]] company headquartered in [[Hyderabad]], [[India]]. It is the first Indian company to develop, manufacture and market [[Recombinant DNA\|recombinant]] human [[healthcare]] products in India. The company is a wholly owned subsidiary of [[Sanofi]] group.<ref name="moneycontrol1">{{cite news \| url=http://www.moneycontrol.com/news/cnbc-tv18-comments/shantha-biotech-to-launch-5-in-1-pediatric-vaccine-_685973.html \|title=Shantha Biotech to launch 5-in-1 pediatric vaccine – CNBC-TV18 \|publisher=Moneycontrol.com \|accessdate=2012-09-28}}</ref>		'''Shantha Biotechnics Limited''' is an Indian [[biotechnology]] company headquartered in [[Hyderabad]], [[India]]. It is the first Indian company to develop, manufacture and market [[Recombinant DNA\|recombinant]] human [[healthcare]] products in India. The company is a wholly owned subsidiary of [[Sanofi]] group.<ref name="moneycontrol1">{{cite news \| url=http://www.moneycontrol.com/news/cnbc-tv18-comments/shantha-biotech-to-launch-5-in-1-pediatric-vaccine-_685973.html \|title=Shantha Biotech to launch 5-in-1 pediatric vaccine – CNBC-TV18 \|publisher=Moneycontrol.com \|accessdate=2012-09-28}}</ref>

	Shantha Biotechnics caters to major international markets including Asia-Pacific, Africa, [[Commonwealth of Independent States]], and Latin America in addition to international organisations [[UNICEF]] and [[PAHO]].		Shantha Biotechnics caters to major international markets including Asia-Pacific, Africa, [[Commonwealth of Independent States]], and Latin America in addition to international organisations [[UNICEF]] and [[PAHO]].

2402:8100:221C:CB56:59F1:FBC4:7169:2361 at 10:59, 21 May 2021

2021-05-21T10:59:46Z

New page

{{short description|Indian biotechnology company and vaccine manufacturer}}
{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Infobox company
| name = Shantha Biotechnics Limited
| logo =
| vector_logo =
| genre =
| type = [[Private Limited Company]]
| foundation = 1993
| founder = [[K. I. Varaprasad Reddy]]
| location = [[Medchal]], [[Telangana]], [[India]]
| key_people = [[K. I. Varaprasad Reddy]] (Chairman)<br />Harish Iyer ([[CEO]])
| area_served =
| industry = [[Biotechnology]]
| products = [[Recombinant DNA]] [[Vaccines]]
| revenue =
| operating_income =
| net_income =
| num_employees =
| parent = [[Sanofi]]
| subsid =
| owner =
| homepage = [http://www.shanthabiotech.com Shanthabiotech.com]
}}
'''Shantha Biotechnics Limited''' is an [[India]]n [[biotechnology]] company headquartered in [[Hyderabad]], [[India]]. It is the first Indian company to develop, manufacture and market [[Recombinant DNA|recombinant]] human [[healthcare]] products in India. The company is a wholly owned subsidiary of [[Sanofi]] group.<ref name="moneycontrol1">{{cite news | url=http://www.moneycontrol.com/news/cnbc-tv18-comments/shantha-biotech-to-launch-5-in-1-pediatric-vaccine-_685973.html |title=Shantha Biotech to launch 5-in-1 pediatric vaccine – CNBC-TV18 |publisher=Moneycontrol.com |accessdate=2012-09-28}}</ref>

Shantha Biotechnics caters to major international markets including Asia-Pacific, Africa, [[Commonwealth of Independent States]], and Latin America in addition to international organisations [[UNICEF]] and [[PAHO]].

==History==
[[File: Shantha biotechnics India manufacturing unit.jpg|thumb|250px|The manufacturing facility of Shantha Biotechnics near the [[Genome Valley]]|alt=]]
Shantha Biotechnics, Ltd. began with the initiatives of Dr. [[K.I.Varaprasad Reddy|K. I. Varaprasad Reddy]] and Khalil Ahmed. Varaprasad and Ahmed established the company in 1993 to produce affordable drugs for the general population, while maintaining international standards in quality.<ref name="moneycontrol1"/> The project originated as an R&D project at [[Osmania University]] under the industry-university interactive programme in 1993, and later operated from the [[Center for Cellular and Molecular Biology]] until an independent research and development facility was built.

In 2006 the European biotech major Mérieux Alliance bought a 60% stake in Shantha Biotechnics at a valuation of $175 million.<ref>{{cite news | url= http://www.vccircle.com/news/health-care/2009/07/27/sanofi-aventis-takes-control-shantha-biotechnics|title=Sanofi-Aventis Takes Control Of Shantha Biotechnics |publisher=VCCircle |accessdate=2015-09-19}}</ref>

In 2009, the vaccine division of French pharmacological company [[Sanofi Pasteur]] acquired the stake held by Mérieux Alliance, valuing Shantha Biotech at Euro 550 million (over Rs 3,770 crore).<ref>{{cite news | author=Somashekar Mulugu | url=http://www.thehindubusinessline.com/companies/article2101029.ece |title=Business Line : Companies News : Top level changes at Shantha Biotechnics |publisher=Thehindubusinessline.com |accessdate=2012-09-28}}</ref>

Over time, Sanofi acquired a further stake in Shantha Biotechnics and in 2013 acquired 100% of the company.<ref>{{cite news | url= http://www.vccircle.com/news/health-care/2013/11/01/sanofi-infusing-122m-complete-buy-out-shantha-biotech-and-further|title=Sanofi infusing $122M to complete buy-out of Shantha Biotech and further expansion |publisher=VCCircle |accessdate=2015-09-19}}</ref>

==Products==
Drugs developed by Shantha include SHANVAC-B, SHANFERON, SHANKINASE, SHANPOIETIN, pediatric combination vaccines Shantetra and [[Shan5]], SHAN HIB-DPT, SHAN HIB and SHANTT.

==Insuman cartridges project==

The main object of the Insuman Cartridges Project is to produce insulin at a lower cost. It is in [[Medak district]], [[Telangana]]. The project cost is {{INR}}460 crore.<ref>[http://www.telanganastateofficial.com/kcr-inaugurates-insuman-cartridges-project/ Details: Insuman Cartridges Project]</ref>

==See also==

* [[Genome Valley]]

==References==
{{Reflist}}

==External links==
*[https://web.archive.org/web/20110916074736/http://www.sanofipasteur.com/sanofi-pasteur2/front/index.jsp?siteCode=SP_CORP&lang=EN&codeRubrique=12 Sanofi Pasteur] homepage.
*[http://www.telanganastateinfo.com/cm-kcr-lays-foundation-stone-for-insulin-catridges-project-in-medak/ Shantha Biotechnics Insuman Cartridges project in Medak district].
* [http://www.telanganastateofficial.com/kcr-inaugurates-insuman-cartridges-project/ Telangana State: insuman cartridges Project]

[[Category:Biotechnology companies of India]]
[[Category:Manufacturing companies based in Hyderabad, India]]
[[Category:Sanofi]]
[[Category:Pharmaceutical companies established in 1993]]
[[Category:Biotechnology companies established in 1993]]
[[Category:Indian companies established in 1993]]
[[Category:1993 establishments in Andhra Pradesh]]

Shantha Biotechnics - Revision history

UpdateBot: robot: Update article (please report if you notice any mistake or error in this edit)

2402:8100:221C:CB56:59F1:FBC4:7169:2361 at 10:59, 21 May 2021