Natco Pharma
{{Short description|Indian pharmaceutical company}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
| name = Natco Pharma
| logo = Natco Pharma Logo.svg
| logo_size =
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| type = Public
| genre =
| traded_as = {{NSE|NATCOPHARM}}
{{BSE|524816}}
| predecessor =
| successor =
| foundation = 1981
| founder = VC Nannapaneni
| defunct =
| location_city = Hyderabad, Telangana
| location_country = India
| locations =
| area_served = Global
| key_people = VC Nannapaneni (Chairman and MD){{cite news |title=Facing headwinds in US, Natco Pharma looks to scale up business in China |url=https://www.livemint.com/companies/news/facing-headwinds-in-us-natco-pharma-looks-to-scale-up-business-in-china-1565511497326.html |accessdate=19 April 2020 |work=Livemint}}
Rajeev Nannapaneni (CEO and Vice Chairman){{cite news |title=Natco Pharma: In fine fettle |url=https://www.forbesindia.com/article/super-50-companies-2018/natco-pharma-in-fine-fettle/51067/1 |accessdate=19 April 2020 |work=Forbes India}}
| industry = Pharmaceuticals
| products =
| services =
| revenue = {{up}} {{INRconvert|4127|c}} (FY24){{Cite web| title=Q4 FY2024 Investors Presentation | url=https://www.natcopharma.co.in/wp-content/uploads/2024/05/Q4EarningsPresentation2024.pdf | archive-url=https://web.archive.org/web/20240628124204/https://www.natcopharma.co.in/wp-content/uploads/2024/05/Q4EarningsPresentation2024.pdf | archive-date=2024-06-28}}
| operating_income =
| net_income = {{up}} {{INRconvert|1388|c}} (FY24){{Cite web| title=Q4 FY2024 Investors Presentation | url=https://www.natcopharma.co.in/wp-content/uploads/2024/05/Q4EarningsPresentation2024.pdf | archive-url=https://web.archive.org/web/20240628124204/https://www.natcopharma.co.in/wp-content/uploads/2024/05/Q4EarningsPresentation2024.pdf | archive-date=2024-06-28}}
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| homepage = [http://www.natcopharma.co.in natcopharma.co.in]
| footnotes =
}}
Natco Pharma is an Indian multinational pharmaceutical company based in Hyderabad. The company manufactures finished dosage formulations, active pharmaceutical ingredients and agrochemical products.{{Cite web |title=Our Business {{!}} Natco Pharma |url=https://www.natcopharma.co.in/our-business/ |access-date=2022-04-25}} It is a major producer of branded oncology medicines{{cite news |title=Natco Pharma lines up 20 'Para IV' products |url=https://www.thehindubusinessline.com/companies/natco-pharma-lines-up-20-para-iv-products/article29408594.ece |accessdate=19 April 2020 |work=The Hindu Business Line}} cardiology, diabetology and other pharma specialty drugs at affordable prices.{{Cite news |last=PTI |date=17 December 2020 |title=Natco Pharma launches anti blood clot medication, Rivaroxaban, in India |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/natco-pharma-launches-anti-blood-clot-medication-rivaroxaban-in-india/articleshow/79779503.cms?from=mdr |access-date=2022-04-25}}{{Cite web |last=Akolkar |first=Shrikant |date=9 March 2017 |title=Natco Pharma: Top league player |url=https://www.angelone.in/get-co-pdf/AngelBrokingResearch_NatcoPharma_Inititatingcoverage_090317.pdf |access-date=25 April 2022 |website=Angel One}}{{Cite web |title=Mission & Heritage {{!}} Natco Pharma |url=https://www.natcopharma.co.in/about/mission-heritage/ |access-date=2022-04-25}}{{Cite web |last=Sridhar |first=G. Naga |date=2020-11-25 |title=Natco Pharma expects agri business to be key growth lever |url=https://www.thehindubusinessline.com/companies/natco-pharma-expects-agri-business-to-be-key-growth-lever/article33175348.ece |access-date=2022-04-24 |website=www.thehindubusinessline.com |language=en}}
History
- Natco Pharma was founded in 1981 by V C Nannapaneni
- In 1983, operations commenced at manufacturing facility at Nagarjunasagar, Telangana
- In 1986, the company's chemical division started at Mekaguda, Telangana
- In 2008, Natco Pharma filed its first paragraph IV filing in the US with the USFDA, {{cite news|title=Niche Play|work=Business Today|url=https://www.businesstoday.in/story/vc-nannapaneni-natco-pharma-ceo-best-ceo-business-today-survey-pharmaceutical-industry-hyderabad-based/1/267691.html|accessdate=19 April 2020}}
- In 2012, Natco Pharma obtained compulsory license to produce a cheaper and generic version of Bayer's anti-cancer medication Nexavar.{{cite news |title=How Natco defied the odds to rise up India's pharma ladder |url=https://www.moneycontrol.com/news/business/companies/how-natco-defied-the-odds-to-rise-up-indias-pharma-ladder-2583413.html |accessdate=19 April 2020 |work=Moneycontrol}}
- In the United States, it launched influenza medication Tamiflu with marketing partner Alvogen, multiple sclerosis treatment drug glatiramer acetate in partnership with Mylan, and hepatitis C drugs under a licensing agreement with Gilead Sciences.
- In 2016, Natco Pharma launched the first Tamiflu capsule in the US market.{{Cite web|title=Bayer cancer drug faces new Nexavar patent problems in India|url=https://www.thepharmaletter.com/article/bayer-cancer-drug-faces-new-nexavar-patent-problems-in-india|access-date=2022-02-03|website=www.thepharmaletter.com}}
- In 2017, Natco Pharma launched a generic version of blood cancer drug Pomalidomide in the United States.{{cite news |title=Natco Pharma launches blood cancer drug priced Rs 5,000–20,000, down 98% from US price |url=https://www.firstpost.com/business/natco-pharma-launches-blood-cancer-drug-priced-rs-5000-20000-down-98-from-us-price-3436186.html |accessdate=31 July 2020 |work=Firstpost |date=10 May 2017}}
- In 2019, Natco Pharma initiated work on green-field manufacturing facilities for producing niche agrichemical products in Nellore district, Andhra Pradesh.{{cite web | url=https://www.dailyexcelsior.com/natco-pharma-to-invest-rs-100-cr-for-setting-up-agrichemical-facilities-in-andhra/ | title=Natco Pharma to invest Rs 100 cr for setting up agrichemical facilities in Andhra | date=25 January 2019 }}
- In 2022, its Crop Health Sciences division launched chlorantraniliprole (CTPR) based products.
- Natco launched the first generic version of Multiple myeloma drug Revlimid in the US market
References
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Category:Pharmaceutical companies of India
Category:Manufacturing companies based in Hyderabad, India
Category:Pharmaceutical companies established in 1981
Category:1981 establishments in Andhra Pradesh
Category:Indian companies established in 1981
Category:Companies listed on the National Stock Exchange of India