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INTAS PHARMACEUTICALS LTD (ACCORD HEALTHCARE)

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INTAS PHARMACEUTICALS LTD (ACCORD HEALTHCARE) - Healthcare showcase

Year Founded & Workforce

1984

350 Employees

Industry

Healthcare

Services

Skin Disorders
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INTAS PHARMACEUTICALS LTD (ACCORD HEALTHCARE) Overview

Company Headquarters: Ahmedabad, India

Founded: 1984

Workforce: ~ 350

Company Working: Intas Pharmaceuticals Ltd (Intas) is a vertically integrated global pharmaceutical formulation developing, manufacturing, and marketing company. Intas has set up a network of subsidiaries, under the umbrella named Accord Healthcare to operate in global markets. Accord's portfolio comprises a multitude of different pharmaceutical forms, including, tablets, capsules, cytotoxic injectables, non- cytotoxic (ampoules), and controlled drugs.

Strategy

The core strategy of Intas has been to gain a foothold in the chronic therapeutic business, which included neurology and psychiatry. The big break came with the foray into oncology, which has given the company a serious foothold in the international markets. The acquisition of Actavis-UK business is expected to help its expansion plans.

Company Snapshot

350

Employees

1984

Founded

Ahmedabad, India

Headquarters

SWOT Analysis

Strengths

  • Global presence
  • Strong supply chain
  • Cost-effective manufacturing capacity

Weaknesses

  • Product recalls

Opportunities

  • Expansion into niche markets
  • Entry into biosimilars

Threats

  • Changing competitive environment

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Key Developments

DateApproachDevelopment
September 2019ExpansionAccord Healthcare, a subsidiary of Intas cemented the commitment to the UK manufacturing through the third major UK investment: a new distribution site based in Didcot, Oxfordshire. The Didcot site will increase its UK manufacturing presence and support existing sites in Barnstaple and Fawdon.
February 2019ExpansionAccord Healthcare entered into an exclusive license agreement with Foresee Pharmaceuticals. The license agreement will cover the global market except for the US, China, Japan, Taiwan, and previously partnered territories.
June 2017ExpansionAccord Healthcare announced the expansion in Europe with the opening of a new operation in Basel, Switzerland and further expansion of operations in Austria to create a large pipeline of generics and biosimilars.

Product Offering

  • INTAS PHARMACEUTICALS LTD (ACCORD HEALTHCARE)
    • Skin Disorders

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