08-24-2013, 02:18 AM
Sun Pharma - The Birth and the Growth
Sun Pharma emerged in the year 1983 making its first step in the field of psychiatry by releasing five products. In the beginning the marketing group of Sun Pharma comprised of just two people and grown to heights to what it is now. The same year popped up the infrastructure for producing tablets in Gujarat. With its untiring efforts in the following years the company ensured its sales across the country in the year 1987. Sun Pharma extended its services to protect the hearts of many by launching products to treat heart ailments (field of cardiology) in 1988 and monotrate and angizem are two such products in the market till date. With its desire to establish, the company started delivering its products outside the country since 1989 and also made its foot prints in Gastroenterology by releasing some compounds the same year.
The unquenchable thirst of the company to make its presence a prominent one, resulted in the birth of its own Research center in the year 1991 and the company went public in the year 1994. Sun Pharma built its first Active Pharmaceuticals Ingredients production facility in Panoli in the year 1995. Grown as a giant in the Pharma market it started acquiring other companies and as a first step acquired the Active Pharmaceuticals Ingredients plant of Knoll Pharma in 1996 and by then the sales area of the company had reached 24 countries. In 1994 Sun Pharma became a stake holder of TDPL and MJ Pharma companies and also the year 1997 the company became an international unit by acquiring Caraco Pharma labs, Detroit and also popped out yet another research unit in Mumbai the same year.
In 1998 the birth place of some of the products was shifted from Natco Pharma to Sun Pharma. With the continuous effort and standard, Sun Pharma secured a place in the list of top 10 Pharma companies in India in 1999 and in the following year it moved to the 5th place as a largest Indian Pharma company. In the year 2007 the market leader the sun Pharma decided to make all its research facilities a separate entity and as a result emerged the Sun Pharma Research company. Sun Pharma continued to grow by acquiring various companies across the world in the following years.
Started with just 2 people in marketing team in the beginning Sun Pharma now holds more than 40 market places, more than 14000 employees, 20 and above production facilities and greater than 1000 products in the market that states the constant growth of the company.
Sun Pharma emerged in the year 1983 making its first step in the field of psychiatry by releasing five products. In the beginning the marketing group of Sun Pharma comprised of just two people and grown to heights to what it is now. The same year popped up the infrastructure for producing tablets in Gujarat. With its untiring efforts in the following years the company ensured its sales across the country in the year 1987. Sun Pharma extended its services to protect the hearts of many by launching products to treat heart ailments (field of cardiology) in 1988 and monotrate and angizem are two such products in the market till date. With its desire to establish, the company started delivering its products outside the country since 1989 and also made its foot prints in Gastroenterology by releasing some compounds the same year.
The unquenchable thirst of the company to make its presence a prominent one, resulted in the birth of its own Research center in the year 1991 and the company went public in the year 1994. Sun Pharma built its first Active Pharmaceuticals Ingredients production facility in Panoli in the year 1995. Grown as a giant in the Pharma market it started acquiring other companies and as a first step acquired the Active Pharmaceuticals Ingredients plant of Knoll Pharma in 1996 and by then the sales area of the company had reached 24 countries. In 1994 Sun Pharma became a stake holder of TDPL and MJ Pharma companies and also the year 1997 the company became an international unit by acquiring Caraco Pharma labs, Detroit and also popped out yet another research unit in Mumbai the same year.
In 1998 the birth place of some of the products was shifted from Natco Pharma to Sun Pharma. With the continuous effort and standard, Sun Pharma secured a place in the list of top 10 Pharma companies in India in 1999 and in the following year it moved to the 5th place as a largest Indian Pharma company. In the year 2007 the market leader the sun Pharma decided to make all its research facilities a separate entity and as a result emerged the Sun Pharma Research company. Sun Pharma continued to grow by acquiring various companies across the world in the following years.
Started with just 2 people in marketing team in the beginning Sun Pharma now holds more than 40 market places, more than 14000 employees, 20 and above production facilities and greater than 1000 products in the market that states the constant growth of the company.
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