Elder Pharmaceuticals
Encyclopedia
Elder Pharmaceuticals is one of the leading pharmaceutical company headquartered in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

. Its main activities include the manufacturing and marketing of prescription pharmaceutical brands, surgical and medical devices. Its largest presence in three therapeutic segments, Women’s Healthcare, Wound Care and Nutraceuticals. It has 6 manufacturing plants in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 & 1 in Nepal
Nepal
Nepal , officially the Federal Democratic Republic of Nepal, is a landlocked sovereign state located in South Asia. It is located in the Himalayas and bordered to the north by the People's Republic of China, and to the south, east, and west by the Republic of India...

. It manufacture various dosage forms like tablets, capsules, syrups, injectibles, topical creams and ointments.

History

In 1989, Mr. Jagdish Saxena sets up Elder Pharmaceuticals in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

. The first manufacturing plant was setup in 1989, at Nerul
Nerul
Nerul is an upmarket residential and commercial node of the city of Navi Mumbai in Maharashtra, India and is better known as the queen of Navi Mumbai. It has 50 sectors. It is the biggest and the most populated residential node in the city of Navi Mumbai. Nerul along with Seawoods Darave makes...

. It was listed on Bombay Stock Exchange
Bombay Stock Exchange
The Bombay Stock Exchange is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was 1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest...

 and National Stock Exchange
National Stock Exchange of India
The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...

in 2000. It was founded by Mr. Saxena, when he lost his job due to shut down of pharma division of company for which he were working.

External links

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