Shantha Biotechnics Limited is an Indian
biotechnology
Biotechnology is a multidisciplinary field that involves the integration of natural sciences and Engineering Science, engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists ...
company headquartered in
Hyderabad
Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...
, India. It is the first Indian company to develop, manufacture and market
recombinant human
healthcare
Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
products in India. The company is a wholly owned subsidiary of
Sanofi
Sanofi S.A. is a French Multinational corporation, multinational pharmaceutical and healthcare company headquartered in Paris, France. The corporation was established in 1973 and merged with Synthélabo in 1999 to form Sanofi-Synthélabo. In 200 ...
group.
Shantha Biotechnics caters to major international markets including Asia-Pacific, Africa,
Commonwealth of Independent States
The Commonwealth of Independent States (CIS) is a regional organization, regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union, dissolution of the Soviet Union in 1991. It covers an ar ...
, and Latin America in addition to international organisations
UNICEF
UNICEF ( ), originally the United Nations International Children's Emergency Fund, officially United Nations Children's Fund since 1953, is an agency of the United Nations responsible for providing Humanitarianism, humanitarian and Development a ...
and
PAHO.
History
Shantha Biotechnics, Ltd. began with the initiatives of Dr.
K. I. Varaprasad Reddy and Khalil Ahmed. Varaprasad and Ahmed established the company in 1993 to produce affordable drugs for the general population, while maintaining international standards in quality.
The project originated as an R&D project at
Osmania University
Osmania University is a collegiate university, collegiate Public university, public State university (India), state university located in Hyderabad, Telangana, India. Mir Osman Ali Khan, the 7th Nizam of Hyderabad, issued a ''firman'' calling f ...
under the industry-university interactive programme in 1993, and later operated from the
Center for Cellular and Molecular Biology
The Centre for Cellular and Molecular Biology (, IAST: ''Kośikīya evam āṇavik jīvavijñāna kendra'') or CCMB is an Indian fundamental biotechnology, life science research establishment located in Hyderabad that operates under the aegis ...
until an independent research and development facility was built.
In 2006 the European biotech major Mérieux Alliance bought a 60% stake in Shantha Biotechnics at a valuation of $175 million.
In 2009, the vaccine division of French pharmacological company
Sanofi Pasteur
Sanofi Pasteur is the vaccines division of the French multinational pharmaceutical company Sanofi. Sanofi Pasteur is the largest company in the world devoted entirely to vaccines. It is one of four global producers of the yellow fever vaccin ...
acquired the stake held by Mérieux Alliance, valuing Shantha Biotech at Euro 550 million (over Rs 3,770 crore).
Over time, Sanofi acquired a further stake in Shantha Biotechnics and in 2013 acquired 100% of the company.
Products
Drugs developed by Shantha include SHANVAC-B, SHANFERON, SHANKINASE, SHANPOIETIN, pediatric combination vaccines Shantetra and
Shan5, SHAN HIB-DPT, SHAN HIB and SHANTT.
Insuman cartridges project
The main object of the Insuman Cartridges Project is to produce insulin at a lower cost. It is in
Medak district,
Telangana
Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, ele ...
. The project cost is 460 crore.
Details: Insuman Cartridges Project
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See also
* Genome Valley
References
{{Reflist
External links
Sanofi Pasteur
homepage.
Shantha Biotechnics Insuman Cartridges project in Medak district
Telangana State: insuman cartridges Project
Biotechnology companies of India
Manufacturing companies based in Hyderabad, India
Sanofi
Pharmaceutical companies established in 1993
Biotechnology companies established in 1993
Indian companies established in 1993
1993 establishments in Andhra Pradesh