Aurobindo Pharma Ltd Company History

The company was incorporated on 26th December as a Private Limited

company and was converted into a Public Limited company with effect

from 30-4-1992. The company is registered with the Registrar of

Companies, Andhra Pradesh at Hyderabad. The chief promoters of the

Company are Shri P.V. Ramaprasad Reddy and Shri K. Nityananda Reddy.

Aurobindo Pharma Limited is one of the leading manufacturers of life

saving anti-biotic bulk drugs in India with excellent track record of

profitability and growth.

The Company has developed inhouse technology for manufacture of the

bulk drugs as well as formulations.

The Company is one of the largest manufacturers of Ampicillin and

Cloxacillin in India.

Another unit was also set up for the manufacture of CMIC Chloride, a

bulk drug intermediate at Pashamylaram, near Hyderabad. Through

another Company namely, Chaitanya Organics Pvt. Ltd., which is now

being merged with Aurobindo Pharma Limited.

The Company issued Bonus Shares in the ratio of 1:1 in May, in the

ratio of 2:1 in June, 1993 and in the ratio of 7:20, in November 1994.

The Company follows the Mercantile System of Accounting and

recognises Income and Expenditure on Accrual basis.

The Company has set up two more units during the year, viz.,

i) Bulk drug unit at Bollaram, near Hyderabad.

ii) Formulations unit at Kukatpally, near Hyderabad.

The Company is setting up a Bulk Drug cum Formulation Plant to

produce sterile Bulk Drugs like Ampicillin Sodium (Sterile) IP/BP,

Cloxacillin Sodium (Sterile) IP/BP, and cephalosporins (Sterile) Bulk

Drugs and Formulations in the dosage forms like sterile powder

injectables, small volume parenterals, Capsules and Tablets.

The installed capacity of the Pondicherry Unit of the Company is

increased from 204 TPA to 300 TPA during the current year

The Bollaram unit is for the manufacture of anti-biotic bulk drugs,

namely Cloxacillin, and Dicloxacillin mainly for exports.

During the Year, the Company has upgraded the plant and increased the

installed capacity from 78 TPA to 84 TPA. The Company has set up a

separate block in the same premises during the current year, 1994-95

for manufacture of high value drugs namely Astemizole, Domeperidone,

Famotidine and Omeprazole, with an installed capacity of 9 TPA.

The Kukatpally unit is for manufacture of pharmaceutical formulations

with an installed capacity of 360 lakhs tablets and 480 lakhs capsules

per annum.

During the current year the Company has increased the installed

capacity of the merged company Chaitanya Organics Pvt. Ltd., from 120

TPA to 144 TPA. Further a new bulk drug intermediate namely DCMIC

Chloride is also manufactured in this unit from April. The Company has

also expanded the above unit by setting up a separate block for

manufacture of Norfloxacillin and Pefloxacillin with an installed

capacity of 60 TPA.

The Company proposed to acquire two generators of 250 KVA capacity

each as standby arrangement.

The company has entered into domestic formulations market in 5 States

and plans to launch in other states shortly.

The Company has agency set-up at Srilanka, Thailand, Russia and

Nigeria for marketing its products. It proposes to set up its own

marketing offices at Hongkong, Moscow and Nigeria to promote bulk drug

sales.

The Company has a connected power load of 500 KVA from A.P.S.E.B. In

addition, 3 Generators of 125 KVA capacity each have been installed as

a stand by arrangement.

The Company is a member of Patancheru Effluent Treatment Plant

Limited and Jeedimetle Effluent Treatment Plant.

All the Assets and Liabilities of M/s. Chaitanya Organics Pvt. Ltd.

will be taken over by M/s. Aurobindo Pharma Ltd. with effect from 1st

April, on completion of amalgamation formalities.

As per the scheme of amalgamation it is proposed to issue one equity

share of M/s. Aurobindo Pharma Ltd. of Rs 10/- each credited as fully

paid up for every one equity share of Rs 10/- each fully paid up held

in M/s. Chaitanaya Organics Pvt. Ltd. to the Shareholders of M/s.

Chaitanya Organics Pvt. Ltd.

In January, Videocon International and Videocon Appliances sold a

tranche of Aurobindo shares to the public at a premium of Rs 180.

Glaxo (India), the Indian subsidiary of the UK-based multinational,

is understood to be negotiating with the Hyderabad-based Aurobindo

Pharma for an alliance to meet its global bulk drug requirements.

The annual capacities now stand at 300 million of capsules and 840

tonnes of bulk drugs.

The company proposes to manufacture fourth generation cephalosporins

such as 7-ACA, cephalexin, cephatoxime and cephazolin.

AUROBINDO Pharma Ltd is setting up two wholly-owned subsidiaries in

the US and Hong Kong to increase its presence in the international

market.

The company is one of the largest bulk manufacturers of

semi-synthetic penicillin (SSP) products such as ampicilin and

Amoxycillin. It is the world's fourth largest producer of ampicillins

and fifth largest producer of amoxycillins.

The company has also launched new formulations like auronim

Suspension in the paediatric segment.

The company has obtained the shareholders permission to invest

$2,00,000 in the share capital of Aurobindo Pharma (Miami) Inc in USA

and $150,000 in the share capital of Aurobindo Pharma (Hong Kong) Pte

Ltd.

The company would be launching several new formulations including

Roxythromycin, Clarithromycin, Sporfloxocyin, besides Sephradin, a

smei-synthetic, in the domestic market. Among sterile products to be

launched by the company are Cephazolin, Cehatoxin and Azithromycin.

The Hyderabad-based Aurobindo Pharma had received in-principle

approval from the Board of Industrial and Financial Reconstruction

(BIFR) in March to buy the plant.

APL is today the most cost-efficient producer of SSPs in India and a

low cost international producer of other value added bulk drugs and

drug intermediaries.

Aurobindo currently manufactures three types of drugs including

cephalosporin-based formulations, drugs for gastroenterology and

pain-related products.

The company proposes to deploy the issue proceeds to part-finance its

R&D thrust and the growth of its formulations business. APL plans to

meet the further funds requirement for its capital expenditure

programme, if any, through internal accruals.

The board of directors has allotted 5,51,000 equity shares of Rs.10

each at a premium of Rs.480 per share by private placement on

preferential basis to FIIs, FIs, MFs and bodies corporate etc.

Aurobindo Pharma Ltd, the largest domestic manufacturer of

penicillin-based bulk antibiotics, plans to form joint ventures in

Brazil and China by the end of financial year 1999-2000 (April-March).

Aurobindo Pharma Ltd. a major producer of semi-synthetic penicillins

in the country, proposes to set up two joint venture companies in the

US to manufacture cephalosporins and non-cephalosporins.

Aurobindo Pharma is setting up two joint ventures for formulations in

the US, with an investment of $12 million.

As per the scheme of Amalgamation equity shares of Aurobindo Pharma

Limited will be exchanged to the shareholders of Sri Chakra Remedies

Limited for every 100 equity shares held by them.

The Company has launched an exclusive anti-viral division -- Immunus

to educate and to provide preventive drug care for HIV/AIDS patients

in the country.

Hyderabad based Aurobindo Pharma has restructured its management

responsibilities in view of major growth initiatives to be taken to

create a platform for penetrating attractive global markets. P V

Ramaprasad Reddy, former managing director, has been appointed

executive chairman, while K Nityananda Reddy, former joint managing

director and co-promoter, has been appointed managing director, APL

informed the Bombay Stock Exchange on July 4.

This new structure is expected to enable the company to concentrate on

the "strategies of change" being pursued by it to achieve the goal of

becoming a research and development-based international pharmaceutical

company, it said, adding that the changes had received board approval.

Aurobindo Pharma Ltd today announced the launch two more drugs--

Efavirenz (Viranz) and Nelfinavir (NELVEX)-- for the treatment of AIDS.

Three existing Directors, Mr Srinivas Lanka, Mr A J Kamath and Mr A

Siva Rama Prasad have stepped down from the directorship, thus making

room for appointment of independent external directors. Accordingly,

their resignations were accepted. While Mr Srinivas Lanka will be

considered for reappointment as non-executive independent Director, Mr

A J Kamath will assume the responsibility of group financial advisor.

Further, it is planned to retain the services of Mr A Siva Rama Prasad

for group operations.

Aurobindo Pharma to allot further equity shares/warrants to promoters.

Srinivas Lanka re-inducted into the Board of Aurobindo Pharma.

Sathyamurthy appointed as Additional Director of Aurobindo Pharma.

The Board of Directors of Aurobindo Pharma Ltd has approved the appointment of Dr K A Balasubramanian as an additional director on the Board of Directors of the company. Dr Balasubramanian shall be an independent, non-executive director.

Aurobindo informed BSE that Citadel Aurobindo Biotech Ltd, a 50:50 Joint venture company

introduced Aztreonam a Monabactam Betalactam antibiotic for the first time in the Indian

Pharma Market with a brand name 'TREONAM'.

Aurobindo Tongling (Datong) pharmaceuticals Ltd, China , a JV between APL and Shanxi Tongling Pharmaceuticals co. has set up for manufacture of pharmaceutical products for the local market.

With a view to manufacture Pen G, a raw material essential for the production of semi-synthrtic

pencillin, Aurobindo has infused Rs 59cr in a flagship Aurobindo(Datong) Pharma Ltd.

Aurobindo Pharma has launched second joint venture company in US for the purpose

of Research and Development.

Allots 950,000 equity shares to promoters/directors by way of conversion of warrants

Aurobindo Pharma has launched second joint venture company in the United States for the purpose of R & D in alliance with Salus Pharmaceuticals.

Aurobindo Pharma has filed around 20 patents in the areas of central nervous system, cardio-vascular, and anti-cholesterol segments. Out of this it is able to obtain 2 of them in United States of America.

UTI sold 3 pc stake from the company

Board approves the issue on a preferential basis, of an aggregate upto 3,100,000 equity shares of Rs.5/- each at a price of Rs.302/- per equity share (including a premium of Rs.297 per equity share), totalling up to Rs.93.62 cr

Company ropes in Merlion India Fund 1, Mauritius, for allotting 31 lakh equity shares on a preferential basis at a price of Rs 302 per share, including a premium of Rs 297 per share, totalling Rs 93.62 crore

Ms P. Suneela Rani, has sold 6,80,000 equity shares of Rs 5 each of the company, constituting 1.4 per cent of equity of its current paid-up equity of Rs 24.2 crore. These shares were sold in the open market from December 23-31 last year

Aurobindo Pharma Ltdhas announced that it has received its first Certificate of Suitability (CoS) approval from the European Directorate for Quality Medicines (EDQM) for its product in the therapeutic segment of gastroenterology.

Aurobindo Pharma Ltd has informed that the members at the EGM of the Company held on December 26, 2003 have unanimously approved the following special resolution : 'Issue of equity shares under preferential allotment guidelines of SEBI'. Further, the Company has also informed that delisting of securities of the company from Ahmedabad Stock Exchange was approved w.e.f. January 15, 2004.

Aurobindo Pharma Ltd has informed that pursuant to the application of the Company, its securities have been removed from the list of the Ahmedabad Stock Exchange (ASE) w.e.f. January 15, 2004.

USFDA part of Department of health and human science approves UNIT VIII facility as a site to manufacture APIs for the US Market.

Aurobindo AIDS drug receives US FDA clearance

Aurobindo Pharma gets EDQM approval for Flucloxacillin Sodium

Aurobindo Pharma receives approval for Sertraline Hydrochloride Tablets

Aurobindo Pharma receives approval for Cephalexin Capsules by US FDA

Aurobindo's receives final approval of Mirtazapine Orally Disintegrating Tablets

Aurobindo Pharma receives final approval of Mirtazapine ODT 45mg for US marketAurobindo Pharma receives final approval of Mirtazapine ODT 45mg for US market

Aurobindo Pharma Ltd has announced that the US FDA has granted tentative approval for the Company's Simvastatin Tablets USP 5 mg, 10 mg, 20 mg, 40 mg and 80 mg

Aurobindo receives US FDA approval for Didanosine (Chewable) Tablets

Aurobindo Pharma Ltd has announced that it has received the marketing authorization approval from Medicines Evaluation Board (MEB), NETHERLANDS for Mirtazapine 15, 30 and 45 mg orally disintegrating tablets containing the active ingredient Mirtazapine.

Aurobindo Pharma Ltd has appointed Mr. A.Mohan Rami Reddy as Company Secretary of the Company.

Aurobindo Pharma receives final approval for SIMVASTATIN tablets from USFDA.

Aurobindo arm acquires Dutch firm Pharmacin.

Aurobindo Pharma Ltd has received one more approval from USFDA for Cefadroxil capsules 500 mg.

Aurobindo Pharma Ltd has announced that on June 13, 2007 the Company unveiled their new Logo and Corporate Identity at a ceremony in Hyderabad.

Aurobindo Pharma Ltd has announced that the Company has received an approval from the US Food & Drug Administration to market its 300mg Cefdinir Capsules in the US market. The drug falls under the Anti-bacterial segment and is a generic equivalent of Abbott Laboratories, OMNICEF.

Aurobindo Pharma Ltd has appointed Mr. K Raghunathan as an Additional Director of the Company at the Board Meeting held on January 30, 2008.

Aurobindo Pharma Ltd has announced that the Company has been awarded ARV contract worth Rs 70 crores for 3 products which are WHO / USFDA pre-qualified by National Aids Control Organization (NACO).

Aurobindo Pharma Ltd has got final clearance from the US Food and Drug Administration (USFDA) to manufacture and market Didanosine Delayed Release capsules in 125 mg, 200 mg, 250 mg and 400 mg. The drug is indicated for treatment of HIV - 1 infections in adults. It is the generic version of Bristol Myer Squibb's Videx EC delayed-release capsules.

Aurobindo Pharma Ltd has received Swissmedic approvals for Amlodipine Besylate Tablets and Metformin Hydrochloride Tablets.

Aurobindo Pharma has received final approval from the United States Food and Drug Administration for its product Ceftazideme injection in different dosages.

"Aurobindo Pharma receives USFDA tentative approval for Famciclovir Tablets"

"Aurobindo Pharma Announces Strategic Divestment of Aurobindo (Datong) Bio Pharma, China"

"Aurobindo Pharma receives USFDA tentative approval for Levofloxacin Tablets".

"Aurobindo Pharma receives USFDA tentative approval for Venlafaxine Extended Release Capsules".

"Aurobindo Pharma receives USFDA tentative approval for Famclclovir Tablets".

"Aurobindo Pharma receives Platinum Certificate of Outstanding Exports Award from Pharmexcil".

Company has splits its Face value of Shares from Rs 5 to Re 1

"Aurobindo Pharma receives final approvals for Quetiapine Fumarate Tablets".

"Aurobindo Pharma receives final approval for Olanzapine Tablets".

Aurobindo Pharma gets USFDA nod for anti-HIV drugs Lamivudine and Zidovudine

Aurobindo Pharma gets USFDA nod to launch Clopidogrel tablets

"Aurobindo Pharma receives final approval for Metformin Hydrochloride Extended Release Tablets".

Aurobindo Pharma gets USFDA approval for anti-migraine tablets.

"Aurobindo Pharma receives tentative approval for Efavirenz/Emtricitabine/Tenofovir Disoproxil Fumarate Tablets".

Aurobindo gets final USFDA approval for Cefadroxil oral suspension.

Aurobindo Pharma bags final US FDA approval for Rizatriptan Benzoate ODT.

"Aurobindo completes the acquisition of Natrol".

"Aurobindo Pharma receives USFDA Approval for Amoxicillin for Oral Suspension".

"Aurobindo completes the acquisition of select Western European Businesses of Actavis".

"Aurobindo Pharma receives USFDA Approval for Divalproex Sodium Extended-Release Tablets".

"Aurobindo Pharma receives USFDA approval for Repaglinide Tablets".

Aurobindo Pharma has received approval from the USFDA to manufacture and market Valsartan Tablets USP

Aurobindo Pharma gets USFDA nod for Lacosamide Tablets

Aurobindo Pharma receives USFDA Tentative Approval for Lacosamide Tablets

Aurobindo Pharma gets USFDA nod for Lacosamide Tablets

Aurobindo Pharma gets USFDA nod for Sildenafil injection

Aurobindo gets USFDA nod for Atracurium Besylate injections

Aurobindo Pharma receives USFDA Approval for Cefixime for Oral Suspension USP

Aurobindo Pharma receives USFDA approval for Famotidine Tablets

The Company has allotted the Bonus Shares in the Ratio of 1:1.

Aurobindo Pharma receives USFDA Approval for Norethindrone Acetate Tablets

Aurobindo Pharma receives USFDA Approval for Tranexamic Acid Injection

Aurobindo Pharma receives approval for Voriconazole Tablets

Aurobindo Pharma receives USFDA Approval for Celecoxib Capsules

Aurobindo Pharma bags approval for Acetylcysteine Injection

Aurobindo Pharma receives approval for Naproxen Tablets

Aurobindo Pharma receives USFDA Approval for Pantoprazole Sodium for Injection

Aurobindo receives approval for Amlodipine & Valsartan Tablets

Aurobindo Pharma receives USFDA Approval for Hydromorphone Hydrochloride Tablets

"Aurobindo Pharma receives USFDA Approval for Levetiracetam in Sodium Chloride Injection".

"Aurobindo's European Subsidiary Signs Binding Agreement to Acquire Generis Farmaceutica SA in Portugal".

"Aurobindo Pharma Forays into Biosimilars Development through an acquisition of Four Products from TL Biopharmaceutical AG".

Aurobindo Pharma receives USFDA Approval for Atomoxetine Capsules.

Aurobindo Pharma bags approval for Omeprazole tablets.

Aurobindo Pharma bags approval for Ertapenem Injection.

Aurobindo Pharma gets USFDA nod for infection treatment drug.

Aurobindo Pharma signs pact to acquire certain assets from Sandoz.

Aurobindo Pharma arm inks pact with Shandong Luoxin to form JV in China.

Aurobindo completes acquisition of Apotex & Businesses in five European countries.

" Aurobindo Completes the Acquisition of Marketed Portfolio from Spectrum Pharmaceuticals".

Aurobindo Pharma introduces Cinacalcet Hydrochloride Tablets in US market.

Aurobindo Pharma ties up with BIRAC to develop COVID-19 vaccine.

CSIR and Aurobindo Pharma collaborate to develop COVID-19 vaccine.

Aurobindo Pharma signs exclusive licensing agreement with COVAXX.

Aurobindo Pharma receives USFDA approval for Droxidopa Capsules.

Aurobindo Pharma receives NCLT approval for scheme of amalgamation.

Aurobindo Pharma acquire 51% stake in GLS Pharma Limited.

Aurobindo Pharma arm gets final USFDA nod for Vasopressin injection.

Aurobindo Pharma arm receives USFDA nod for Triamcinolone Acetonide injectable suspension.

Aurobindo Pharma arm gets USFDA nod for cancer drug.

Aurobindo to launch HIV triple combination product for children living with HIV in low- and middle-income countries under voluntary licence from ViiV Healthcare.