Alkem Laboratories
Article about Alkem Laboratories
Overview
Alkem Laboratories is a prominent pharmaceutical company based in India. Established in 1973, the company has grown to become one of the leading manufacturers and suppliers of pharmaceutical products in the country. Alkem Laboratories is known for its wide range of generic drugs, active pharmaceutical ingredients (APIs), and nutraceuticals.
History
Alkem Laboratories was founded by Samprada Singh and Basudeo Narayan Singh in 1973. The company started its operations with a small manufacturing unit in Mumbai, India. Over the years, Alkem has expanded its operations both domestically and internationally, establishing a significant presence in the global pharmaceutical market.
Products
Alkem Laboratories produces a diverse range of pharmaceutical products, including:
The company is also involved in the development and production of biosimilars and biologics.
Research and Development
Alkem Laboratories invests significantly in research and development (R&D) to innovate and improve its product offerings. The company operates several R&D centers across India, focusing on the development of new formulations and the enhancement of existing products. Alkem's R&D efforts are aimed at addressing unmet medical needs and improving patient outcomes.
Global Presence
Alkem Laboratories has a strong international presence, with operations in over 50 countries. The company exports its products to regions such as North America, Europe, Asia, and Africa. Alkem has established subsidiaries and joint ventures in various countries to enhance its global reach and market penetration.
Corporate Social Responsibility
Alkem Laboratories is committed to corporate social responsibility (CSR) initiatives, focusing on areas such as healthcare, education, and environmental sustainability. The company undertakes various programs to support community development and improve the quality of life for underprivileged populations.
See also
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