May 27, 2018 12:54 PM ET

Pharmaceuticals

Company Overview of Ranbaxy Laboratories Ltd.

Company Overview

Ranbaxy Laboratories Limited, a pharmaceutical company, develops, manufactures, and markets pharmaceutical products. The company offers generics, differentiated products, over-the-counter products, anti-retrovirals, active pharmaceutical ingredients, and intermediates. Its products are used for the treatment in various therapy areas, including anti-infectives, cardiovascular, pain and musculoskeletal, central nervous system, gastrointestinal, respiratory, anti-retrovirals, dermatology, orthopaedics, nutritionals, urology, and diabetes. The company offers a portfolio of approximately 500 molecules in the forms of tablets, capsules, injectables, inhalers, ointments, creams, and liquids. Ranbax...

Devika Tower

12th Floor

6, Nehru Place

New Delhi,  110019

India

Founded in 1961

15,300 Employees

Phone:

91 11 2623 7508

Fax:

91 11 2622 5987

Key Executives for Ranbaxy Laboratories Ltd.

Chief Executive Officer, Managing Director and Executive Director
Age: 62
President, Global Head of Technical Operations, Supply Chain, Procurement & API Marketing
President and Chief Financial Officer
Age: 61
President and Head of Global Research & Development
Chief Executive Officer of Indian Operations
Age: 60
Compensation as of Fiscal Year 2017.

Ranbaxy Laboratories Ltd. Key Developments

A United States Appeals Court Revives an Antitrust Lawsuit against Ranbaxy, Pfizer, Wyeth and Teva

A United States appeals court has revived an antitrust lawsuit against four drug makers, alleging that they hamstrung generics for Lipitor and Effexor XR. The plaintiffs, a coalition of labor unions and retailers, including Rite Aid and Walgreens, accused four drug makers of reverse settlement payment deals, in which a drug’s patent holder pays the accused infringer not to produce the patented item. The plaintiffs allege Ranbaxy accepted such payments from Pfizer to delay generics for Lipitor, while Wyeth accepted payments from Teva to delay Effexor XR. A federal judge earlier dismissed the claims, but this week the U.S. Court of Appeals for the Third Circuit in Philadelphia reversed the ruling.

Ranbaxy Opens its First Production Facility in Egypt

Sun Pharma (India) has announced that its subsidiary Ranbaxy (India) has opened its first production facility in Egypt. The factory will focus on generics manufacturing and will start by producing four different drugs for cardiovascular diseases this year, with a production capacity of 50 million capsules per year, according to Hany Mashaal, country general manager at Sun Pharma and regional manager at Ranbaxy. The new plant will be the first for Ranbaxy in Egypt and the Middle East region, said Mashaal, quoted by the Al-Ahram news agency.

Recent Private Companies Transactions

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