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Indoco Remedies Ltd
Indoco Remedies Ltd Company History
Indoco Remedies is engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). The Company caters to both Domestic and International markets.
2005
Indoco Remedies enters into an Agency Agreement with SRU
2005
2006
Indoco Remedies mulls to enter US mkt.
Indoco Remedies secures US FDA approvals.
Board has proposed a dividend of 62.5%.
2006
2007
Mr. J. B. Salian has been appointed the Secretary of the Company.
Board has proposed a dividend of 65% .
2007
2008
Board has recommended a dividend of Rs 5.00 per share.
IDMA Quality Excellence Awards 2008 - The Sterile Facility at Goa Plant II received the Gold Award and the Solid Dosage Forms and Externals Facility at Goa Plant I received the Silver Award.
First shipment of Diclofenac Ophthalmic solution shipped to USA against an approved ANDA.
2008
2009
Board has decided to declare a final dividend of Rs 2.00 per equity share.
UK-MHRA approval for the Solid Oral Dosage forms at Baddi Plant.
Successfully faced Slovenia audit for the Sterile Facility at Goa Plant II for the Injections Area.
2009
2010
The Company has signed an agreement with Aspen Pharmacare, South Africa for supply of ophthalmic products.
Board has recommended a payment of divided of Rs. 7.00 per equity share.
Indoco Remedies teams up with ASPEN, South Africa by licensing out intellectual property (dossiers) for marketing its products in emerging markets covering 30 countries, including SA, Brazil, Mexico, Venezuela, Russia & Australia.
2010
2011
Board has recommended a dividend of Rs. 8/- per equity share.
Indoco received the Silver Quality Excellence Award for Sterile Manufacturing Facility in Goa and Solid Dosages Facility in Baddi (HimachalPradesh) at IDMA's Golden Jubilee celebrations.
2011
2012
Indoco Remed - Enters into a strategic business alliance with DSM Pharmaceutical Products (DPP) NV.
Mr. Sunil Joshi has been appointed as Company Secretary & Compliance Officer of the Company.
Indoco announced the signing of an agreement with DSM, a  9 billion Company, for commercial cooperation for Active Pharmaceutical Ingredients (APIs). Indoco and DSM have formed a strategic alliance, wherein DSM shall be marketing and selling the APIs manufactured by INDOCO.
Company has splits its Face value of Shares from Rs 10 to Rs 2
Indoco Remedies has given the Bonus in the Ratio of 1:2
2012
2013
Indoco Remedies Ltd. has received the approval from United States Food & Drug Administration (USFDA) to manufacture and market GLIMEPIRIDE 1mg, 2mg & 4mg tablets.
Indoco Remedia Ltd. has recommended payment of dividend of Rs.1.10 per equity share on the face value of Rs. 2/- each i.e. 55% for financial year 2012-13.
2013
2014
US-FDA approves Sterile (Plant II) and Solid Dosages (Plant III) facilities in Goa.
IDMA Best Patent Award for Tazarotene & Adapalene.
Indoco Remedies Ltd. has Certificate of Good Manufacturing Practice (GMP) Compliance of a Manufacturer.
2014
2015
Indoco wins IDMA Patent Appreciation Award for Betaxolol
Indoco acquires Piramal's Clinical Research Division
2015
2016
Indoco acquires Manufacturing plant at Baddi
Indoco Honoured with the IDMA Best Patent Award for Three International Patents
Indoco honoured with the 'Best Patent Award' by PHARMEXCIL in the Bulk Drugs / API category
2016
2017
Indoco receives the Express Pharma Export Excellence Award 2017
Indoco receives UKMHRA approval for solid dosages Plant I in Goa
Indoco receives the IDMA Best Patent Award for four API Process Patents
Indoco receives patent grant for Linezolid & Brinzolamide (FDFs) from United States Patent and Trademark Office (USPTO)
2017
2018
Indoco commissions For New API manufacturing facility at Patalganga
Indoco's Goa Plant II & III clears USFDA inspection
Indoco's API manufacturing facilities at Patalganga and Rabale successfully clear USFDA inspection
Indoco's API Patalganga site receives Renewed Accreditation Certificate from The Pharmaceuticals and Medical Devices Agency (PMDA), Japan
Indoco receives the IDMA Best Indian Patent Award for five API Process Patents
Indoco's Goa plant III receives EU GMP certification
2018
2019
Indoco successfully completes UK-MHRA inspection at Goa Plant II
Indoco gets European Patent Grant for unique process of Brinzolamide Eye Drops
Indoco wins the IDMA Formulations Patent Award 2017-18 for 2 International and 1 Indian patent
Indoco's new solid dosages facility at Baddi receives UK-MHRA approval
Indoco's Sterile Manufacturing Facility (Plant II) Clears USFDA Inspection
2019
2020
Indoco wins major tenders in Germany for Allopurinol Tablets
Indoco receives USFDA approval for Apixaban Tablets 2.5 mg & 5 mg
Indoco awarded with the IDMA Formulations Best Patent Award 2018-19 for 2 formulation patents Diclofenac & Quetiapine
Indoco receives USFDA approval for Succinylcholine Chloride Injection USP
Indoco receives USFDA approval for Olanzapine Tablets
2020
2021
Indoco announces the launch of Brinzolamide Ophthalmic Suspension 1% in the US market by Teva Pharmaceuticals
2021
2022
Indoco Remedies to acquire stake in Kanakal Wind Energy.
Indoco Remedies receives USFDA approval for Lacosamide Injection USP.
Indoco Remedies receives USFDA approval for Lacosamide Tablets.
2022
2023
Indoco Remedies receives tentative ANDA approval from USFDA for Canagliflozin Tablets.
Indoco acquires 85 % equity stake in US based FPP Holding Company, LLC.
Indoco receives EIR for its manufacturing facility in Goa (Plant I).
2023