Sun Pharmaceutical Industries Net Worth is34.6 12-Month Sales Growth (%)
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Logo: Image:Sun Pharma Logo.jpg

Type: Public company

Traded As: 524715 , SUNPHARMA

Foundation: 1983

Founder: Dilip Shanghvi

Location City: Mumbai, Maharashtra

Location Country: India

Key People: Israel Makov , (Managing Director)

Industry: Pharmaceutical industry

Products: Pharmaceuticals, generic drugs

Market Cap: 60745/c

Revenue: 8005/c (2012)Sun Pharma Annual Report [http://www.bseindia.com/bseplus/AnnualReport/524715/5247150311.pdf]

Net Income: 2972/c (2012)

Num Employees: 11,200 (2012)

Homepage: http://www.sunpharma.com/

Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA, BSE: 524715) is an Indian global pharmaceutical company headquartered in Mumbai, Maharashtra that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States. The company offers formulations in various therapeutic areas, such as cardiology, psychiatry, neurology, gastroenterology and diabetology. It also provides APIs such as warfarin, carbamazepine, etodolac, and clorazepate, as well as anticancers, steroids, peptides, sex hormones, and controlled substances.
Sun Pharma was established by Mr. Dilip Shanghvi in 1983 in Kolkata with 5 products to treat psychiatry ailments. Cardiology products were introduced in 1987 followed by gastroenterology products in 1989. Today it is the largest chronic prescription company in India and a market leader in psychiatry, neurology, cardiology, orthopedics, ophthalmology, gastroenterology and nephrology. Some of the top brands of the company include pantocid, susten, aztor, gemer, repace, glucored, strocit, clopilet and cardivas. Over 57% of Sun Pharma sales are from markets outside India, primarily in the US. Manufacturing is across 23 locations, including the US, Canada, Brazil, Mexico and Israel. In the US, the company markets over 200 generics, with another 150 awaiting approval from the USFDA.
Sun Pharma was listed on the stock exchange in 1994 in an issue oversubscribed 55 times. The founding family continues to hold a majority stake in the company. Today Sun Pharma is the third largest and the most profitable pharmaceutical company in India as well as the largest pharmaceutical company by market capitalisation on the Indian exchanges. The Indian pharmaceutical industry has become the third largest producer in the world and is poised to grow into an industry of $ 20 billion in 2015 from the current turnover of $ 12 billion.
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Sun Pharmaceutical Industries Net Worth, 1.0 out of 5 based on 1 rating

Sun Pharmaceutical Industries Latest News

Billionaire Shanghvi's Sun Pharma Surprises With Loss

The billionaire founder of Sun Pharmaceutical Industries Ltd. pledged that the drugmaker would do better after reporting its first loss in at least 12 years amid regulatory headaches and a weakening market for generic drugs. “The reason why we are ...
Posted: August 11, 2017, 3:28 am

DRL's legal trouble not serious; neutral on Sun Pharma: HDFC Securities

Sun Pharmaceutical Industries remains the big story this morning on the back of weak earnings. Dr Reddy's Laboratories (DRL) could also see some red on the back of legal trouble brewing. German drug authorities have found some serious breaches of good ...
Posted: August 13, 2017, 11:27 pm

Sun Pharma Reports Rs 425 Crore Loss In Q1 As Generics Business Suffers

Sun Pharmaceutical Industries, India's largest drugmaker posted a surprise quarterly loss on Friday due to one-off legal costs and pressure over prices in its largest market, the United States, casting a shadow over its growth prospects. Sun is the latest ...
Posted: August 14, 2017, 7:44 pm

India's Sun Pharma slumps to over 4-yr low on Q1 loss

Sun Pharmaceutical Industries' shares drop as much as 3.8 pct to 432.7 rupees, their lowest since April 2013 ** Company posted surprise loss of 4.25 bln rupees ($66.27 million) in Q1, having incurred costs of 9.51 bln rupees related to settlements with ...
Posted: August 13, 2017, 9:00 pm

Billionaire Dilip Shanghvi offers mea culpa after Sun Pharma loss

U.S. generic-drug giant Mylan NV lowered a long-targeted profit goal this week and Israel-based Teva Pharmaceutical Industries Ltd., the world’s largest generic drug maker, said last week that it would pull back from 45 markets and cut jobs. Sun Pharma ...
Posted: August 14, 2017, 5:56 am
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