Torrent Pharmaceuticals
Public | |
Traded as | BSE: 500420 |
Industry | Pharmaceuticals |
Founded | 1959 |
Headquarters | Ahmedabad, India |
Key people | Sudhir Mehta |
Revenue | INR 66 billion (March 2016) |
INR 17.5 billion (March 2016) | |
Number of employees | 8600 (2014) |
Website | www.torrentpharma.com |
Torrent Pharmaceuticals Ltd. is the flagship company of the Torrent Group. Based in the Indian city of Ahmedabad, it was promoted by U. N. Mehta initially as Trinity Laboratories Ltd. and was later renamed to its current name Torrent Pharmaceuticals Ltd.
Torrent Pharmaceuticals operates in more than 50 countries with over 1000 product registrations globally.
Torrent Pharma is ranked amongst the top pharma companies of India. It is a dominant player in the therapeutic areas of cardiovascular (CV), central nervous system (CNS), gastro-intestinal, diabetology, anti-infective and pain management segments. It has also forayed into the therapeutic segments of nephrology and oncology while also strengthening its focus on gynecology and pediatric segments.
Moreover, it has 7 fully owned subsidiares:
- Heumann Pharma GmbH & Co Generica KG, Germany
- Torrent Pharma GmbH, Germany
- Torrent do Brasil Ltda., Brazil
- ZAO Torrent Pharma, Russia
- Torrent Pharma Inc., United States
- Torrent Pharma Philippines Inc., Philippines
- Torrent Pharma Canada Inc., Canada
Torrent Pharmaceuticals acquired Heumann GmbH, a Pfizer group company in 2005.
Operations
The company's key areas are Formulations, API, Drug Discovery, Marketing and Sales of Drugs. Its operations locations are:
- Manufacturing plant at Dahej, Gujarat
- Manufacturing plant at Pithampur, Madhya Pradesh
- Manufacturing plant at Indrad, Mehsana, Gujarat
- Manufacturing plant at Baddi, Himachal Pradesh
- Manufacturing plant at Sikkim
- Research Centre, Ahmedabad-Gandhinagar region, Gujarat
- Corporate Office, beside sales India, off Ashram Road, [Ahmedabad]- Gujarat
- Manufacturing plant at Visakhapatnam (Andhra Pradesh)