About Cipla Ltd
Founded in 1935 by Khwaja Abdul Hamied as the Chemical, Industrial & Pharmaceutical Laboratories. The company’s headquarters are located in Mumbai, Maharashtra, India. The promoters of Cipla include the Hamied family, with Yusuf Hamied serving as the Chairperson and Umang Vohra as the CEO.
Cipla’s main products include medications for diseases, HIV/AIDS, oncology, and other therapeutic areas. The company is known for its innovation in developing affordable medications. For instance, they make antiretroviral drugs during the AIDS epidemic to make them more accessible.
Even though Cipla is a significant player in the pharmaceutical industry. It is not the largest in terms of market share or market capitalization in India. However, it is the third-largest drug producer in India.
The promoter shareholding in Cipla is a crucial aspect of its corporate structure. The Hamied family holds a substantial stake in the company. Here is a list of their top promoters -
- Y K Hamied
- M K Hamied
- Umang Vohra
- Samina Hamied
- S Radhakrishnan
The registered office of Cipla is located at Cipla House, Peninsula Business Park, in Mumbai, Maharashtra, India. The company’s registrars and transfer agents are KFin Technologies Private Limited. They are situated in Selenium Tower B, Plot No. 31-32, Gachibowli in Hyderabad.
Cipla’s management team is led by Chairperson Yusuf Hamied and CEO Umang Vohra. They have been instrumental in steering the company towards growth and innovation. The company’s commitment to providing affordable healthcare solutions has made it a trusted name in the industry.
Vision and Mission
Cipla Ltd is a leading pharmaceutical company. Hence, it has a clear and compelling vision and mission that guide its operations and strategic decisions. These statements reflect the company’s commitment to better healthcare and making a positive impact on society.Cipla’s vision is to be a leading global pharmaceutical company through its innovation and technology. They aim to provide high-quality, affordable healthcare solutions. The company aims to address the needs of patients around the world. In addition, to developing and delivering a wide range of pharmaceutical products. They envision a world where everyone can get essential medications, regardless of their situation. This vision drives the company’s efforts to expand its global footprint and enhance its product portfolio.
The vision statement emphasizes Cipla’s dedication to innovation. The company invests heavily in research and development to create better medications. It invests heavily towards cutting-edge technology and scientific advancements. They strive to stay at the forefront of the pharmaceutical industry. This focus on innovation ensures that the company can give effective treatments for various ailments.
Cipla’s mission is to provide access to high-quality and affordable medicines. This is to ensure that no patient is denied treatment due to financial constraints. The company’s mission statement underscores its commitment to social responsibility. Along with the role it can play in improving public health.
Cipla aims to make a difference in the lives of patients by offering a diverse range of pharmaceutical products. Their objective is to make medicines that meet the highest standards of quality and efficacy.
One of the key aspects of Cipla’s mission is its focus on affordability. The company is known for its efforts to make essential medications accessible to people in developing countries. Cipla’s pioneering work in producing affordable drugs for HIV/AIDS patients is a testament to its mission-driven approach. Moreover, by reducing the cost of life-saving medications, Cipla has played a major role in combating global health crises.
Cipla’s vision and mission are also closely aligned with its commitment to sustainability. The company recognizes the importance of environmental stewardship. Hence, it strives to minimize its ecological footprint. Cipla implements sustainable practices across its operations, from manufacturing to distribution.
This includes reducing waste, conserving energy, and promoting the use of renewable resources. Plus, by adding sustainability into its business model, it aims to create a healthier planet for future generations.
At the heart of Cipla’s vision and mission is a patient-centric approach. The company prioritizes the needs and well-being of patients in all its endeavors. Cipla engages with healthcare professionals and patients to understand their needs and challenges. This approach enables the company to develop solutions that tackle certain medical conditions.
Cipla’s patient-centric philosophy extends beyond the development of medications. The company also focuses on raising awareness about various health issues. It even provides education and support to patients and caregivers.They also empower patients with knowledge and resources that enable better care. This is how Cipla aims to enhance the overall healthcare experience and improve health outcomes.
Cipla’s vision and mission reflect its unwavering commitment to improving global healthcare. The company’s focus on affordability and patient-centricity drives its efforts to make a meaningful impact on society. With these core values, Cipla continues its legacy of excellence and compassion in the industry.
Know More