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Unichem Laboratories Ltd

NSE: UNICHEMLAB BSE: 506690

₹346.20

(-1.18%)

Mon, 09 Mar 2026, 00:16 pm

Company History

1962

  • The Company was incorporated on 22nd August, at Bombay.
  • The Company manufactures pharmaceutical products and chemicals on behalf of Uni-U.C.B.(India) Pvt.Ltd., associates of the reputed UCB of Brussels, Belgium.
  • Government approved the scheme to manufacture dextran and iron dextran cycoside in collaboration with Roshkilde Medical Company of Denmark.
  • Government also approved the Collaboration Scheme with Shofu Dental Mfg.Co.Ltd., Japan, for the manufacture of dental products.
  • The Company was formed to take over as a going concern the proprietary business carried on since 1944, at Bombay, by Shri A V Mody as manufacturing chemist and dealer in pharmaceuticals and medicines, under the name and style of 'Unichem Laboratories'.

1983

  • The Upjohn division was established, the name was changed to UNISEARCH division with effect from 1st October, 1987.

1992

  • Unichem Exports Limited ceased to be a subsidiary of the company from 17th November.

1993

  • The Company introduced a new antibiotic in the market, and incurred substantial cost on the new launch.

1994

  • The Company made an Issue of Equity Shares to the shareholders, promoters and employees as a result of which the Equity share Capital has increased to Rs.199.12 lacs.

1995

  • The Pharma Division extended its products range by launching two new molecules and one additional formulation in the market.
  • 5,59,900 No. of Equity Warrants were allotted to the Promoters/Promoter Group.

1998

  • The Company has launched three new products in three different therapeutic areas i.e. Cardiovascular, Anti Inflammatory and Anti oxidant under the brand names CORVADIL-A, PRONIM and PRO-RIDAGE.
  • The company has a technical collaboration with Shofu Dental Manufacturing Co, Japan and Roshkilde Medical Co, Denmark.
  • The Company has launched three new products in three different therapeutic areas viz., Satin a cholesterol reducer in the area of cardiovascular therapeutic segment; Domadol in the post operative pain management segment and Zonep in the psychiatry segment.
  • The company recently commissioned a Rs 20-crore manufacturing facility at Bardez in Goa, specially designed to meet stringent standards in export markets.

1999

  • The Company's new Division mainly catering to Women's Healthcare called FOREVA was launched on 1st April.
  • The Company has launched eight new products, Losar, Serta, Biclar, Zisper, M-cam, Flospar, Lanpro, Anticox 3.
  • Unichem Laboratories, a leading pharmaceutical company, has launched M-Cam', a non-steroidal anti-inflammatory drug (NSAID) for the treatment or arthritis.
  • The company has recently commissioned its multi-purpose facility at Roha in Maharashtra to manufacture a range of bulk drugs scheduled to go off patent in advanced markets by 2000.
  • The company has tied up with Aptech and NIIT to reach a majority of the nearly 3,000 cardiologists and over 20,000 physician MDs in the country.

2000

  • Unichem Laboratories has entered into a strategic alliance with the Korean Green Cross Corporation to market Urokinase.
  • The Company has introduced Celib for management of arthritis.
  • Unichem Laboratories has launched Zulu, the first muscle relaxant containing nimesulide and tizanidine.
  • The Foreva, the Women's healthcare division of the company has acquired the marketing and distribution rights for Partobulin (Anti-D Immunoglobulin) in India from Baxter Healthcare.
  • The Company will launch its own version of Pfizer's impotence pill Viagra under the brand name Erix.

2001

  • Foreva, the women's healthcare division of Unichem Laboratories, has entered into a technical tie-up with the US-based Protein Technologies International Inc, a DuPont division, for developing a soya protein supplement for women called Nutreva.

2002

  • Enters into Joint Venture with the former Directors of the Bioglan group in Ireland.
  • Bharat Bio signs marketing alliance with the company to market hepatitis-B, recombinant.
  • Ind-Swift ties up with the company for Co-marketing pact to co-market finished dosages of its anti-depressant drug citalopram

2003

  • Registered a net profit increase by around 10.6% in the I quarter at Rs.9.4crs for the same period last year.
  • Enters into an agreement for the sale of its Animal Healthcare Division to M/s Tetragon Chemie Ltd.
  • Appoints Mr Prafful D Sheth as the Director of the company.
  • Unichem Laboratories Ltd, a Mumbai based Rs 475-crore pharmaceutical company, has received ISO 9001 & 14001 certificates

2006

  • Unichem Laboratories enters into agreement with PLIVA inc, USA

2009

  • Unichem Laboratories Ltd has appointed Mr. Harcharan Singh as Chief Executive - Pharma with effect from March 24, 2009.

2010

  • Unichem Laboratories Ltd has received approval from US Food & Drug Administration (U.S. FDA) for Hydrochlorothiazide Capsules in the strengths of 12.5 mg
  • Unichem Laboratories Ltd strengthened 6.38% to close at Rs 381.15 as the company has received EU GMP certificate from IRISH Medicines Board for the 12 API's manufactured at Company's Roha plant.
  • Company has splits its Face value of Shares from Rs 5 to Rs 2

2011

  • Unichem Laboratories Ltd has received approval from US Food & Drug Administration (FDA) for Divalproex Sodium Delayed Release Tablets USP 125mg, 250mg and 500mg (Valproic -Acid Activity).

2012

  • Mr. Bhagwat S. Dhingra has been appointed as Chief Executive - Domestic Pharma
  • Unichem Laboratories receives ANDA tentative approval from USFDA for IRBESARTAN TABLETS
  • Unichem gets tentative nod from USFDA for dementia tablets.

2013

  • Unichem Laboratories receives ANDA approval from USFDA for Amlodipine Besylate Tablets
  • Unichem Laboratories has recommended Dividend of Rs. 4.50 (225%) per equity share of Rs. 2/- each.

2014

  • Unichem Laboratories receives ANDA approval from USFDA for Metronidazole USP Tablets
  • Unichem Laboratories has recommended Final Dividend of Rs. 4/- (200%) per equity share of Rs. 2/- each.

2015

  • Unichem bags ANDA approval for Montelukast Sodium tablets
  • Acquired API manufacturing unit at Kolhapur
  • Commissioned expanded capacities at Goa plant

2017

  • Divested domestic formulation business to Torrent Pharma

2019

  • Strategic investment in Hyderabad based Optimus Drugs Pvt Ltd. & Optrix Laboratories Pvt Ltd.
  • New plant site acquired in Goa
  • Product facility expansions in Ghaziabad and Pithampur

2020

  • Unichem Laboratories gets USFDA nod to market generic version of tolterodine tartrate tablets.

2021

  • Unichem Laboratories receives USFDA approval for Aripiraprazole tablets.
  • Unichem Laboratories receives USFDA approval for Zonisamide Capsules.
  • Unichem Laboratories gets USFDA nod for plaque psoriasis treatment drug.
  • New Oral Solid Dosage manufacturing facility commissioned at Goa Plant II.

2022

  • Unichem Laboratories receives ANDA approval for Extended Phenytoin Sodium Capsules.
  • Unichem Labs gets US FDA nod for Schizophrenia drug.

2023

  • Ipca Laboratories Limited acquires 52.67% of the paid-up share capital of Unichem.

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