January -At the meeting of the Board of Directors of the Company held on 31.01.2012,
Mr. R. S. Hugar stepped down as the Chairman of the Board of Directors due to his other pre-occupations and commitments. However, he will continue as the Independent Director on the Board of the Company.
In his place, the Board appointed the incumbent Managing Director, Mr. Premchand Godha, as the Chairman of the Board of Directors and re-designated him as the Chairman & Managing Director of the Company.Ipca’s formulation plant at Dehradun, received IDMA Quality Excellence Awards 2011.
Category: Formulations Units - Companies with Total Annual turnover Above Rs.100 crores. This Silver Award was presented on the 50th Annual Day Celebrations of IDMA on 6th January 2012 in Mumbai.April -Ipca’s Fixed dose combination Artesunate + Amodiaquine tablets (Strengths – 25mg + 67.5mg, 50mg + 135mg and 100mg + 270mg) is approved under the WHO Prequalification Programme.
This is the first generic product of fixed-dose Artesunate + Amodiaquine tablets prequalified by WHO.At the meeting of the Board of the Directors of the company held on 13th April, 2012, Mr. Dev Parkash Yadava was appointed as an Additional Director of the Company.June -Ipca’s domestic marketing (Altus division) launched Olficef, a combination oral antibiotic containing Ofloxacin and Cefixime.October -Pharmaceuticals Export Promotion Council of India honoured Ipca Laboratories Limited for its outstanding contribution to India’s Pharmaceutical Exports for the year 2011 – 12 at INDIA – ASIA – PACIFIC Pharma Business Meet at Hyderabad.
Joint Managing Director, Mr. Ajit Kumar Jain received the ‘Pharmexcil Outstanding Exports Award 2011 – 12’ on the behalf of Ipca from Hon’ble Chief Minister of Andhra Pradesh, Shri N. Kiran Kumar Reddy and Minister for Major Industries, Sugar, Commerce and Export Promotion, Smt. Geeta Reddy J. in the presence of several Government dignitaries and senior officials from the Department of Commerce.November -Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight, in association with Export Credit Guarantee Corporation of India Ltd (ECGC) announced the ‘ECGC – D&B Indian Exporters’ Excellence Awards 2012’ to recognize the contribution of the Exporters to the Indian economy.
1. Exporter with the Best Risk Management Practices - Ipca Laboratories
Limited, Second Runner-up
2. Most Diversified Exporter - Ipca Laboratories Limited, Winner