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Shasun's History

  From the modest beginning in 1976, Shasun has acquired a worldwide reputation for the manufacture of Active Pharmaceutical Ingredients (APIs) and their intermediates. The Company’s products are exported to customers in countries across Europe, North America, Latin America & Asia.

SHASUN is derived from the name of the founder, Late Shri. Shankarlal Jain and his wife Smt. Sundarbai.
   
 
Late Shri. Shankarlal Jain   Late Smt. Sundarbai
Late Shri. Shankarlal Jain
1917 to 1991
 

Late Smt. Sundarbai
1919 to 2003

   
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  MileStones
   
 

1976-1990

  • Incorporated as a private limited company, Shasun Chemicals in Chennai
  • First production facility established at Velachery, Chennai, for manufacture of Analgin (antipyretic).
  • Second production facility was established at Puducherry for manufacture of Ibuprofen (anti-inflammatory)
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1990-2000

  • Third manufacturing unit set up at Cuddalore to manufacture the anti-ulcerative Ranitidine HCI
  • Shasun converted into a public limited company, incorporating its present name.
  • US subsidiary, Shasun Inc., is established
  • The company's shares were listed on Mumbai, Ahmedabad and Chennai stock exchanges.
  • Technology and joint marketing agreement signed with Nagase & Co., Japan for S+Ibuprofen
  • The company signed a technology agreement with Chircotech, UK, for S+Naproxen.
  • The company signed a joint venture agreement with Austin Chemical Company, USA,
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2000-2010

  • The company's exports exceeded Rs.100 cr.
  • Established a biotech laboratory in its R&D centre.
  • Signed a letter of intent with Eli Lilly for supply and manufacture of an anti-TB drug.
  • Multi Purpose Plant at Cuddalore was commissioned.
  • Completed setting up its new Research Centre.
  • Strategic partnership with Glenmark and Alpharma(now part of Actavis) for Development & Supply of Formulation products.
  • Completed its first ever acquisition of Rhodia Pharma Solutions business marking its advent in the Global supply arena
  • Successful maiden inspection of the formulation unit by US FDA authorities in Pondicherry (Puducherry).
  • Successful completion of the US FDA inspection of its Cuddalore and UK facilities (Annan and Dudley).
  • Received certi?cation of ISO 27001 (ISMS-Information Security Management Systems) by Bureau Veritas.
  • Signed a licensing agreement with Gilead for manufacture of Viread to support the Clinton Foundation initiative
  • Licensing of cross-coupling technology (Buchwald Technology) to H-Lundbeck A/S and Merck & Co. Inc.
  • Setting up of Lab facility at Piscataway (New Jersey), United States to provide API development service in pre-clinical and clinical trial stages.
  • Embarks on implementation of an enterprise resource planning (ERP) - SAP across all its locations.
  • Successful completion of clinical trials of “Streptokinase”, a biotech product.
  • Successful completion of US FDA re-inspection of formulation unit at Puducherry.
  • Closure of Annan plant at Scotland, UK and operations consolidated at Dudley facility.
  • Commercial Launch of Recombinant Streptokinase in the Indian Market in June 2009.
  • Initiation of Toxicity Studies with respect to GCSF and PEG-GCSF - biotech products.
  • Received commercial order of a leading API product from an Innovator Company (an anti depressant drug).
  • Achieved leadership position in API product - Gabapentin (?nds application for anti epileptic cases).
  • Finished Dosages sales has grown by 100% as compared to FY09 and has crossed Rs 50 crores in turnover in FY10.
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