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Shasun's History |
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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. |
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Late Shri. Shankarlal Jain
1917 to 1991 |
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Late Smt. Sundarbai
1919 to 2003 |
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MileStones |
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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-Present day
- 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
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