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Ipca has a dynamic team of professionals who cater to the demands and requirements of the International business. In 2007-08, Ipca's products were marketed to over 110 countries across the globe, contributing around 50% of the Company's turnover.
Ipca is 16th largest Pharmaceutical Company in India. (Source Economic Times ET-500 Oct-07
issue).
Ipca is the 2nd highest
wealth creator in Indian
pharmaceutical industry based on returns. (Source Economic Times ET-500 Oct-07
issue)
Ipca has been awarded
by Forbes Inc., as one of the "Best
under a Billion" Forbes Global 200 Best Small Companies,
2007. In the past, we have been awarded, for 3
consecutive years 2003, 2004 and 2005.
Ipca is a "Recognised Trading House" with an
export turnover of about US$ 134 million for the year 2007-08.
Formulations account for 64%
of export turnover. Ipca is among India's largest formulation
exporters with a growth of 11% in 2007-08.
Region-wise Formulations Exports 2007-08 (in Percentage) | Therapeutic Group-wise Formulations Exports 2007-08 (in Percentage) |
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Formulations are registered / under registrations in 69 countries.
Ipca has overseas offices in Russia, Kazakhstan, Ukraine, Vietnam, Kenya, Philippines, Columbia & Sri Lanka.
Ipca also has
subsidiaries in USA, U.K., South Africa, Nigeria, Brazil, Mexico, Australia and New Zealand.
The current focus is on registering dossiers in UK, EU, CEE, South Africa, Australia, New Zealand and filing on ANDAs in USA. Sales of generics to regulated markets constituted 64% of total formulations exports during 2007-08.
Ipca's field force promotes its formulation brands in Cambodia, Kenya, Kazakhstan, Mauritius, Myanmar, Oman, Russia, Sri Lanka, Sudan, Tanzania, Ukraine, Vietnam, Yemen and a few other countries. Sales of Branded formulations has steadily grown from around 16% of formulations export in 2000-01 to 36% in 2007-08.
The R & D expenditure during the financial year
2007-08 was Rs.42.9 crores
(4% of turnover). Around 152 patents have been filed, out of which 27 patent
applications have been granted which includes 25 from India and 2 from US.
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