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Major corporate events (Milestone) Year Events 1950 Pfizer enters India through a company named Dumex 1958 Dumex is taken over by Pfizer; and renamed Pfizer. Pfizer is a 40% subsidiary of Pfizer Inc, US. Pfizer products enter India through Dey’s Medical Stores and subsequently through Ravisions. Establishes 100% subsidiary, Duchem Laboratories, to market some of […]

Major corporate events (Milestone) Year Events 1924 Glaxo starts trading in India. Appoints HJ Foster & Co as its sole agent 1950 Renamed Glaxo Laboratories. SmithKline & French appoints its first medical representative 1956 Begins primary production of vaccines in Worli 1960 Manufactures infant food in the milk drying plant in Aligarh. Opens pharmaceutical manufacturing […]

Major corporate events (Milestone) Year Events NA AstraZeneca Pharma India, formerly Astra-IDL (AIL), a JV of Astra Zeneca, UK and Hinduja-controlled IDL established 2001 Expands installed injectable capacity 2005 Astra Pharmaceuticals AB, Sweden acquires all the 1,287,500 equity shares in IDL, representing 25.75% of the company’s issued and paid-up equity share capital. Consequently, the company […]