Mankind Pharma

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Mankind Pharma
Company typePublic
IndustryPharmaceutical
Founded1995 (1995)
FounderR C Juneja
Headquarters,
Key people
Rajeev Juneja, Arjun Juneja, Sheetal Arora, P.K. Arora, Ajay Bansal
ProductsPharmaceuticals, Generic drugs, OTC, FMCG, Diagnostics
RevenueUS$ 800 million (2017-18)
Number of employees
10000+
SubsidiariesDiscovery, Lifestar, Lifestar 2, Special, Vet, Future, Magnet
Websitewww.mankindpharma.com

Mankind Pharma is a pharmaceutical company in India based at New Delhi. The company has products in therapeutic areas ranging from antibiotics, to gastrointestinal, cardiovascular, dermal, and erectile dysfunction medications.

The company was formed in 1991. It started working as a fully integrated pharmaceutical company in 1995 with the contributions of two brothers, R C Juneja and Rajeev Juneja. The seed capital for establishing the company was 50 Lakh.[1] The company was started with 20 employees and launched in two states in the 1st year of its operation.[2]

The company acquired Magnet Labs Pvt. Ltd. to enter the antipsychotic segment in 2007.[3] Also it acquired Longifene-an appetite stimulant for children, in January 2010 which was earlier a brand of UCB Belgium.[4]

References

  1. ^ Hussain, Shabana (8 May 2014). "Mankind Pharma: Formulating Strategy To Enter The Big League". Retrieved 27 June 2018.
  2. ^ "A Giant Leap For Mankind". Business Outlook India. 24 December 2011. Archived from the original on 29 June 2012. Retrieved 5 February 2013. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ Acquisition of Magnet Labs[permanent dead link]
  4. ^ Mankind Pharma markets Longifene- 29 August 2011

External links