Chemo Pharma Laboratories Limited Company Profile: Products, Promoters and Clients
Chemo Pharma Laboratories Limited Company Description
The Chemo Pharma Laboratories Limited, founded in 1942, initially focused on producing pharmaceuticals and bulk drugs. Due to rising competition, the company sold its business to clear all debts. Now, utilizing its cash reserves, Chemo Pharma aims to diversify by acquiring companies with promising potential. They are in advanced talks to expand into the power and chemicals industries.
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Q1. What are the Products and Service offerings of Chemo Pharma Laboratories Limited?
Chemo Pharma's product range includes various pharmaceuticals designed to address different health needs:
- Antibiotics: Suphtrim, Ampicillin, Viclox
- Analgesics: Paracetamol Tablets, Aspirin Caplets, Padox Caplets
- Heamatinics: Chemotone Blood Tonic
- Vitamins: Vikgyl Tablets, Vitamin C Chewable, Vitamin C White, Vitamin C Syrup
- Hand Sanitizer: An alcohol-based sanitizer that meets WHO standards, effective in killing germs and viruses.
Services
Chemo Pharma provides extensive manufacturing services with an impressive capacity of producing 6 million bottles of liquid syrup and 310.2 million tablets annually. They also operate a state-of-the-art Quality Assurance Laboratory to ensure their products meet high standards.
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Q2. Who are the Promoters of Chemo Pharma Laboratories Limited?
Nandkumar Pareek: Nandkumar has been a director since October 2021. With extensive pharmaceutical industry experience, he offers valuable insights and strategic direction. Living in Thane, he actively contributes to the company's growth and development with his expertise.
Ashok Govindlal Somani: Ashok has served as a director since January 2013 and as the Chief Financial Officer since September 2014. Based in Mumbai, his strong background in finance and management ensures the company's financial stability and growth. His leadership is crucial in navigating various financial landscapes.
Shanta Somani: Shanta joined the board in August 2019. Residing in Mumbai, she brings a wealth of experience in corporate governance and strategic planning. Her contributions are vital in steering the company towards new growth opportunities while maintaining high standards of governance.
Q3.Who are the Clients of Chemo Pharma Laboratories Limited?
The company is well-established in the pharmaceutical industry, specializing in antibiotics, pain relievers, heamatinics, vitamins, and hand sanitizers. They place a strong emphasis on quality assurance and have robust manufacturing capabilities.
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(By Naman Rathi)