Hindustan Antibiotics

Hindustan Antibiotics Limited
Public (PSE)
Industry Pharmaceuticals
Founded 10 March 1954, Pimpri
Headquarters Pimpri, Maharashtra, India
Key people
 K.V.Varkey (Managing Director)
Products Antibiotics like Penicillin
Streptomycin
Gentamicin
Amoxycillin
Revenue USD 12 million (FY)
Number of employees
 1,500
Slogan "Cure for millions, Care for all"
Website www.hindantibiotics.gov.in

Hindustan Antibiotics Limited (HAL), based in Pimpri, India, is the first public sector drug manufacturing companies set up by the Government of India. It was the first company in India to launch a recombinant DNA product, rHU-Erythropoietin (Hemax) in 1993. The company introduced new products like Halpen, Haltax, Hexpan in 2008. Sati-HIV drugs will be produced from September 2009.[1]

History

HAL was set up in cooperation with the WHO and UNICEF with the social objective of providing affordable drugs throughout India. It was inaugurated by India's first Prime Minister Jawaharlal Nehru on 10 March 1954. Production began in 1955. It was based on Mahatma Gandhi's vision that the poor in India should get medicines at affordable rates.

After reporting an operating loss in 1997 the company was reported to the Bureau of Industrial and Financial Restructuring (BIFR). On 17 January 2009 the company was taken off the books of the BIFR after reporting a record turnover of ₹ 120 crore (US$24 million).

Operations

Although the company's primary objective was to develop drugs for the health-care industry, the company has now diversified into the agricultural and veterinary areas as well. The manufacturing plant located in Pimpri has facilities to produce bulk drugs (capacity 60 MMU annually) as well as formulations in various dosage forms - injectables (132 million vials), capsules (250 million), tablets (120 million), large volume parentrals (12 million bottles annually), liquid orals, etc.

In-house developed products

Health care

Agricultural and veterinary

References

  1. ↑ Hindustan Antibiotics now out of ICU: Jan 18, 2009

External links

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