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{{Short description|Indian pharmaceutical company}} | |||
{{Use dmy dates|date=August 2018}} | {{Use dmy dates|date=August 2018}} | ||
{{Use Indian English|date=August 2018}} | {{Use Indian English|date=August 2018}} | ||
{{Infobox company | {{Infobox company | ||
| name = Cadila Pharmaceuticals Limited | | name = Cadila Pharmaceuticals Limited | ||
| logo = Cadila Pharmaceuticals | | logo = Cadila Pharmaceuticals.svg | ||
| logo_size = 220px | | logo_size = 220px | ||
| logo_alt = Cadila_Pharmaceuticals_Logo | | logo_alt = Cadila_Pharmaceuticals_Logo | ||
| image = | | image = Cadilla Pharmaceuticals HQ.jpg | ||
| type = Private company | | image_size = 250px | ||
| image_caption = Headquarters in [[Ahmedabad]] | |||
| type = [[Private company|Private]] | |||
| foundation = 1951 | | foundation = 1951 | ||
| founder = [[Indravadan Modi]] | | founder = [[Indravadan Modi]] | ||
| location_city = [[Ahmedabad]], [[Gujarat]] | | location_city = [[Ahmedabad]], [[Gujarat]] | ||
| num_employees = | | num_employees = 8,000 | ||
| subsid = IRM Ltd | | subsid = IRM Ltd | ||
| location_country = India | | location_country = India | ||
| key_people = | | key_people = Rajiv Modi <br />(Chairman and Managing Director) | ||
| industry = [[Pharmaceutical industry|Pharmaceuticals]] | | industry = [[Pharmaceutical industry|Pharmaceuticals]] | ||
| products = [[API]]s, [[ | | products = [[Active ingredient|API]]s, [[generic drug]]s | ||
| services = Contract | | services = {{ubl|[[Contract research organization|Contract research]]|[[Contract manufacturing]]}} | ||
| revenue = {{up}} {{INRConvert|3675|c}} (FY23)<ref name="FY23"/> | |||
| net_income = {{down}} {{INRConvert|-10|c}} (FY23)<ref name="FY23">{{cite web |title=Cadila Pharmaceuticals Limited |url=https://www.crediwatch.com/party/55675e4e6d6f6f263ac91704/financials |publisher=Crediwatch |access-date=18 December 2023|url-access=registration}}</ref> | |||
| homepage = {{URL|http://www.cadilapharma.com/}} | | homepage = {{URL|http://www.cadilapharma.com/}} | ||
}} | }} | ||
'''Cadila Pharmaceuticals''' is an Indian [[multinational corporation|multinational]] pharmaceutical | '''Cadila Pharmaceuticals''' is an Indian [[multinational corporation|multinational]] pharmaceutical company based in [[Ahmedabad]]. The company's operations focus on manufacturing products ranging from [[Active ingredient|active pharmaceutical intermediates]], [[Pharmaceutical formulation|finished formulations]], food supplements, [[biotechnology]] products and pharmaceutical machinery.<ref name="Bureau 2023 v619">{{cite web |last= |first= |date=2023-03-22 |title=Cadila Pharma to expand and upgrade its existing facilities in Gujarat |url=https://www.thehindubusinessline.com/companies/cadila-pharma-to-expand-and-upgrade-its-existing-facilities-in-gujarat/article66649134.ece |access-date=2023-09-11 |website=BusinessLine}}</ref> | ||
== History == | == History == | ||
In 1951 Indravadan A Modi had quit his job as a chemist in a Mumbai firm to start Cadila Laboratories with childhood friend Ramanbhai Patel. The company started in a rented bungalow with a capital of Rs 25,000 and achieved a turnover of around Rs 1.25 lakh in its first year of operation.<ref name="auto">{{cite web|url=https://www.business-standard.com/article/companies/carrying-the-legacy-forward-rajiv-modi-114012801184_1.html|title=Carrying the legacy forward: Rajiv Modi|first=Sohini|last=Das|date=28 January 2014|publisher=|via=Business Standard}}</ref> | |||
In 1951 Indravadan A Modi had quit his job as a chemist in a Mumbai firm to start Cadila Laboratories with childhood friend Ramanbhai Patel. The company | |||
The Modi and Patel families decided to split the business in 1995, and two entities were formed: '''Cadila Pharmaceuticals Ltd''' (owned and controlled by Indravadan Modi and his son Rajiv Modi) and [[Cadila Healthcare]] (owned by Ramanbhai Patel and his son Pankaj Patel family).<ref name="auto"/> | |||
The Modi and Patel families decided to split the business in 1995, two entities were formed | |||
In 2019, Cadila Pharmaceuticals formed a partnership with Norwegian start-up, Serca Pharmaceuticals to develop new treatment for heart patients.<ref>{{Cite web|url=https://www.thehindubusinessline.com/companies/cadila-pharma-inks-pact-with-norwegian-start-up-to-develop-new-treatment-for-heart-patients/article25960391.ece|title=Cadila Pharma inks pact with Norwegian start-up to develop new treatment for heart patients|website=@businessline|date=10 January 2019 |language=en|access-date=2019-01-11}}</ref> | |||
In November 2023, the company opened an active pharmaceutical ingredient (API) plant in [[Dahej]], in Gujarat's [[Bharuch district]]. The facility was built with an investment of ₹200 crore, and is equipped with distributed control system (DCS) automation technology. <ref>{{Cite web |title=Business today |date=27 November 2023 |url=https://www.businesstoday.in/industry/pharma/story/cadila-pharmaceuticals-inaugurates-rs-200-crore-api-plant-in-dahej-aims-to-expand-to-new-markets-407301-2023-11-27}}</ref> | |||
== Operations == | == Operations == | ||
Cadila Pharmaceuticals has its formulation manufacturing facilities at Dholka, Gujarat (India); Samba, Jammu (India) and at Addis Ababa (Ethiopia) and 2 API manufacturing facilities are located at Ankleshwar, Gujarat. The manufacturing facility at Dholka and the API unit at Ankleshwar in Gujarat are USFDA-certified; the overseas manufacturing facility at Ethiopia is the WHO - cGMP compliant facility.<ref>[http://pharma.financialexpress.com/sections/management/1698-caring-cadila Financial Express 28 January 2013]</ref> | Cadila Pharmaceuticals has its formulation manufacturing facilities at Dholka, Gujarat (India); Samba, Jammu (India) and at Addis Ababa (Ethiopia) and 2 API manufacturing facilities are located at Ankleshwar, Gujarat. The manufacturing facility at Dholka and the API unit at Ankleshwar in Gujarat are USFDA-certified; the overseas manufacturing facility at Ethiopia is the WHO - cGMP compliant facility.<ref>[http://pharma.financialexpress.com/sections/management/1698-caring-cadila Financial Express 28 January 2013]</ref> | ||
== | == Controversies == | ||
== | === Company === | ||
In 2014, a cautionary notice appeared on the US [[Food and Drug Administration]] (FDA) website, highlighting substantial manufacturing practice discrepancies discovered by inspectors in March at Cadila Pharmaceuticals' [[Ankleshwar]] facility in Gujarat.<ref>{{Cite news |last1=Mishra |first1=Digbijay |last2=Das |first2=Sohini |date=13 November 2014 |title=US FDA scolds Cadila Pharma over manufacturing practice in Gujrat plant |url=https://www.business-standard.com/article/companies/us-fda-scolds-cadila-pharma-over-manufacturing-practice-in-gujrat-plant-114111201228_1.html |access-date=6 January 2024}}</ref> This incident marked one among several Indian pharmaceutical companies receiving regulatory warnings from the FDA, indicating increased scrutiny on generic drugmakers.<ref>{{Cite news |date=12 November 2014 |title=FDA warns Cadila Pharma over drug production processes |url=https://www.reuters.com/article/cadila-pharmaceuticals-india-usa/fda-warns-cadila-pharma-over-drug-production-processes-idINKCN0IW0EH20141112/ |access-date=6 January 2023 |work=[[Reuters]]}}</ref> A similar kind of notices were again issued in 2016<ref>{{Cite news |last=RAJAGOPAL |first=DIVYA |date=2016-01-01 |title=Cadila gets US FDA warning for violating standards at Moraiya and Ahmedabad plants |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/cadila-gets-us-fda-warning-for-violating-standards-at-moraiya-and-ahmedabad-plants/articleshow/50390452.cms |access-date=2024-01-06 |work=The Economic Times |issn=0013-0389}}</ref> and 2019.<ref>{{Cite web |last=Research |first=Center for Drug Evaluation and |date=2022-11-28 |title=Cadila Healthcare Limited - 584856 - 10/29/2019 |url=https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/cadila-healthcare-limited-584856-10292019 |access-date=2024-01-06 |website=Center for Drug Evaluation and Research |language=en}}{{dead link|date=May 2025|bot=medic}}{{cbignore|bot=medic}}</ref> | |||
=== Management === | |||
In 2018, the chairman of the company, Rajiv Modi, went through a widely publicized and contentious divorce with his wife, Monica, who comes from a prominent Mumbai-based business family of Garware. At that time, Modi transferred {{INRConvert|200|c|lk=off|year=2023}} to Monica, who relinquished her rights, while custody of their son was awarded to Modi.<ref>{{Cite news |date=2018-10-31 |title=Gujarat: Cadila Pharma owner pays wife Rs 200 crore |url=https://timesofindia.indiatimes.com/city/ahmedabad/cadila-pharma-owner-pays-wife-rs-200-crore/articleshow/66436382.cms |access-date=2024-01-06 |work=The Times of India |issn=0971-8257}}</ref><ref>{{Cite web |title=Cadila Pharmaceuticals boss Rajiv Modi swallows a Rs 200-cr divorce pill |url=https://www.dnaindia.com/business/report-cadila-pharmaceuticals-boss-rajiv-modi-swallows-a-rs-200-cr-divorce-pill-2681136 |access-date=2024-01-06 |website=DNA India |language=en}}</ref> | |||
== References == | == References == | ||
{{reflist}} | {{reflist}} | ||
==External links== | |||
* {{Official website|http://cadilapharma.com/}} | |||
[[Category:Pharmaceutical industry in Gujarat]] | |||
[[Category:Pharmaceutical industry in India| ]] | |||
[[Category:Pharmaceutical companies of Gujarat]] | |||
[[Category:Companies based in Ahmedabad]] | [[Category:Companies based in Ahmedabad]] | ||
[[Category:Pharmaceutical companies established in 1951]] | [[Category:Pharmaceutical companies established in 1951]] | ||
Latest revision as of 02:23, 14 October 2025
![]() Headquarters in Ahmedabad | |
| Industry | Pharmaceuticals |
|---|---|
| Founded | 1951 |
| Founder(s) | Indravadan Modi |
| Headquarters | , India |
Key people | Rajiv Modi (Chairman and Managing Director) |
| Products | APIs, generic drugs |
| Services | |
| Revenue | |
Number of employees | 8,000 |
| Subsidiaries | IRM Ltd |
| Website | www |
Cadila Pharmaceuticals is an Indian multinational pharmaceutical company based in Ahmedabad. The company's operations focus on manufacturing products ranging from active pharmaceutical intermediates, finished formulations, food supplements, biotechnology products and pharmaceutical machinery.[2]
History[edit | edit source]
In 1951 Indravadan A Modi had quit his job as a chemist in a Mumbai firm to start Cadila Laboratories with childhood friend Ramanbhai Patel. The company started in a rented bungalow with a capital of Rs 25,000 and achieved a turnover of around Rs 1.25 lakh in its first year of operation.[3]
The Modi and Patel families decided to split the business in 1995, and two entities were formed: Cadila Pharmaceuticals Ltd (owned and controlled by Indravadan Modi and his son Rajiv Modi) and Cadila Healthcare (owned by Ramanbhai Patel and his son Pankaj Patel family).[3]
In 2019, Cadila Pharmaceuticals formed a partnership with Norwegian start-up, Serca Pharmaceuticals to develop new treatment for heart patients.[4]
In November 2023, the company opened an active pharmaceutical ingredient (API) plant in Dahej, in Gujarat's Bharuch district. The facility was built with an investment of ₹200 crore, and is equipped with distributed control system (DCS) automation technology. [5]
Operations[edit | edit source]
Cadila Pharmaceuticals has its formulation manufacturing facilities at Dholka, Gujarat (India); Samba, Jammu (India) and at Addis Ababa (Ethiopia) and 2 API manufacturing facilities are located at Ankleshwar, Gujarat. The manufacturing facility at Dholka and the API unit at Ankleshwar in Gujarat are USFDA-certified; the overseas manufacturing facility at Ethiopia is the WHO - cGMP compliant facility.[6]
Controversies[edit | edit source]
Company[edit | edit source]
In 2014, a cautionary notice appeared on the US Food and Drug Administration (FDA) website, highlighting substantial manufacturing practice discrepancies discovered by inspectors in March at Cadila Pharmaceuticals' Ankleshwar facility in Gujarat.[7] This incident marked one among several Indian pharmaceutical companies receiving regulatory warnings from the FDA, indicating increased scrutiny on generic drugmakers.[8] A similar kind of notices were again issued in 2016[9] and 2019.[10]
Management[edit | edit source]
In 2018, the chairman of the company, Rajiv Modi, went through a widely publicized and contentious divorce with his wife, Monica, who comes from a prominent Mumbai-based business family of Garware. At that time, Modi transferred ₹200 crore (US$28 million) to Monica, who relinquished her rights, while custody of their son was awarded to Modi.[11][12]
References[edit | edit source]
- ↑ 1.0 1.1 "Cadila Pharmaceuticals Limited". Crediwatch. Retrieved 18 December 2023.
- ↑ "Cadila Pharma to expand and upgrade its existing facilities in Gujarat". BusinessLine. 22 March 2023. Retrieved 11 September 2023.
- ↑ 3.0 3.1 Das, Sohini (28 January 2014). "Carrying the legacy forward: Rajiv Modi" – via Business Standard.
- ↑ "Cadila Pharma inks pact with Norwegian start-up to develop new treatment for heart patients". @businessline. 10 January 2019. Retrieved 11 January 2019.
- ↑ "Business today". 27 November 2023.
- ↑ Financial Express 28 January 2013
- ↑ Mishra, Digbijay; Das, Sohini (13 November 2014). "US FDA scolds Cadila Pharma over manufacturing practice in Gujrat plant". Retrieved 6 January 2024.
- ↑ "FDA warns Cadila Pharma over drug production processes". Reuters. 12 November 2014. Retrieved 6 January 2023.
- ↑ RAJAGOPAL, DIVYA (1 January 2016). "Cadila gets US FDA warning for violating standards at Moraiya and Ahmedabad plants". The Economic Times. ISSN 0013-0389. Retrieved 6 January 2024.
- ↑ Research, Center for Drug Evaluation and (28 November 2022). "Cadila Healthcare Limited - 584856 - 10/29/2019". Center for Drug Evaluation and Research. Retrieved 6 January 2024.[dead link]
- ↑ "Gujarat: Cadila Pharma owner pays wife Rs 200 crore". The Times of India. 31 October 2018. ISSN 0971-8257. Retrieved 6 January 2024.
- ↑ "Cadila Pharmaceuticals boss Rajiv Modi swallows a Rs 200-cr divorce pill". DNA India. Retrieved 6 January 2024.
