Knowledge (XXG)

Concord Biotech

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acquired a 20% stake in Concord Biotech in 2016. Jhunjhunwala's Rare Enterprises holds 24% stake in the company. Quadria Capital sold its entire stake in Concord Biotech's 2023
773: 547: 467: 358:-based Matrix Laboratories acquired 55% stake in the company, by buying partial shareholding of Vaid and Jhunjhunwala. After Matrix Laboratories was acquired by 783: 623: 763: 499: 572: 768: 778: 803: 597: 524: 676: 198: 56: 324: 369: 381: 296: 65: 343:. It was the first company in India and the second in the world to develop an anti-immuno suppressant 340: 351: 436: 735: 707: 653: 60: 576: 289: 286: 171: 680: 365: 69: 328: 167: 39: 362:, the latter sold back its stake in Concord Biotech to Vaid and Jhunjhunwala in 2009. 757: 308: 274: 82: 47: 28: 312: 282: 412:"Concord Biotech consolidated net profit rises 3.86% in the March 2024 quarter" 344: 304: 221: 355: 320: 278: 163: 109: 295:
It manufactures biopharmaceutical products across therapy segments such as
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Concord Biotech was founded in 2000 by Sudhir Vaid, a former director at
300: 468:"Jhunjhunwala backed Concord Biotech sets IPO price band at Rs 705-741" 113: 703:"Rakesh Jhunjhunwala to give up Concord Biotech stake, eyes Rs 500 cr" 386: 316: 359: 257: 731:"Domestic pharmaceutical players eye Bharat Serums acquisition" 649:"Quadria Cap concludes Rs 475.31 crore investment in Concord" 548:"Concord Biotech's niche API play holds promise for growth" 500:"Actis in talks to buy minority stake in Concord Biotech" 794:
Companies listed on the National Stock Exchange of India
354:acquired around 14% stake in the company. In 2005, 252: 242: 219: 196: 177: 159: 134: 124: 104: 96: 88: 78: 45: 35: 799:Companies listed on the Bombay Stock Exchange 8: 789:Pharmaceutical companies established in 2000 21: 573:"Concord Biotech eyes 5-fold growth by '06" 774:Manufacturing companies based in Ahmedabad 27: 20: 546:Somvanshi, Kiran Kabtta (4 August 2023). 498:Balakrishnan, Reghu (23 September 2015). 315:. It has two manufacturing facilities–at 598:"Matrix takes 55% stake in Concord Bio" 493: 491: 489: 398: 729:Balakrishnan, Reghu (30 August 2018). 677:"Quadria to invest in Concord Biotech" 624:"Mylan sells stake in Concord Biotech" 462: 460: 406: 404: 402: 7: 784:Indian companies established in 2000 525:"Concord Biotech mulling new unit" 14: 764:Pharmaceutical companies of India 622:Dutta, Vishal (8 December 2009). 290:active pharmaceutical ingredients 769:Biotechnology companies of India 228: 227: 205: 204: 182: 181: 701:Poddar, Nisha (16 March 2015). 779:2000 establishments in Gujarat 437:"Annual Report : FY21-22" 1: 804:2023 initial public offerings 271:Concord Biotech Limited (CBL) 192:(US$ 120 million) (FY24) 238:(US$ 37 million) (FY24) 215:(US$ 56 million) (FY24) 16:Indian biotechnology company 281:. The company manufactures 820: 277:company headquartered in 26: 370:initial public offering 323:, which is approved by 292:(APIs) sold worldwide. 341:Ranbaxy Laboratories 327:, and at Limbasi in 527:. Business Standard 382:Divi's Laboratories 352:Rakesh Jhunjhunwala 244:Number of employees 145:(Chairman & MD) 23: 736:The Economic Times 708:The Economic Times 654:The Economic Times 628:The Economic Times 552:The Economic Times 602:Business Standard 577:Business Standard 416:Business Standard 297:immunosuppressant 287:biopharmaceutical 268: 267: 172:Active ingredient 152: 146: 811: 748: 747: 745: 743: 726: 720: 719: 717: 715: 698: 692: 691: 689: 687: 673: 667: 666: 664: 662: 645: 639: 638: 636: 634: 619: 613: 612: 610: 608: 594: 588: 587: 585: 583: 569: 563: 562: 560: 558: 543: 537: 536: 534: 532: 521: 515: 514: 512: 510: 495: 484: 483: 481: 479: 464: 455: 454: 452: 450: 441: 433: 427: 426: 424: 422: 408: 264: 261: 259: 237: 235: 231: 230: 214: 212: 208: 207: 199:Operating income 191: 189: 185: 184: 150: 144: 31: 24: 819: 818: 814: 813: 812: 810: 809: 808: 754: 753: 752: 751: 741: 739: 728: 727: 723: 713: 711: 700: 699: 695: 685: 683: 675: 674: 670: 660: 658: 647: 646: 642: 632: 630: 621: 620: 616: 606: 604: 596: 595: 591: 581: 579: 571: 570: 566: 556: 554: 545: 544: 540: 530: 528: 523: 522: 518: 508: 506: 497: 496: 487: 477: 475: 466: 465: 458: 448: 446: 444:Concord Biotech 439: 435: 434: 430: 420: 418: 410: 409: 400: 395: 378: 366:Quadria Capital 337: 260:.concordbiotech 256: 245: 233: 232: 224: 210: 209: 201: 187: 186: 170: 168:Small molecules 166: 155: 137: 127: 120: 116: 74: 50: 22:Concord Biotech 17: 12: 11: 5: 817: 815: 807: 806: 801: 796: 791: 786: 781: 776: 771: 766: 756: 755: 750: 749: 721: 693: 668: 640: 614: 589: 564: 538: 516: 485: 474:. 31 July 2023 456: 428: 397: 396: 394: 391: 390: 389: 384: 377: 374: 336: 333: 329:Kheda district 266: 265: 254: 250: 249: 246: 243: 240: 239: 225: 220: 217: 216: 202: 197: 194: 193: 179: 175: 174: 161: 157: 156: 154: 153: 147: 140: 138: 135: 132: 131: 128: 125: 122: 121: 118: 108: 106: 102: 101: 98: 94: 93: 90: 86: 85: 80: 76: 75: 73: 72: 63: 53: 51: 46: 43: 42: 37: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 816: 805: 802: 800: 797: 795: 792: 790: 787: 785: 782: 780: 777: 775: 772: 770: 767: 765: 762: 761: 759: 738: 737: 732: 725: 722: 710: 709: 704: 697: 694: 682: 678: 672: 669: 657:. 5 July 2016 656: 655: 650: 644: 641: 629: 625: 618: 615: 603: 599: 593: 590: 578: 574: 568: 565: 553: 549: 542: 539: 526: 520: 517: 505: 501: 494: 492: 490: 486: 473: 469: 463: 461: 457: 445: 438: 432: 429: 417: 413: 407: 405: 403: 399: 392: 388: 385: 383: 380: 379: 375: 373: 371: 367: 363: 361: 357: 353: 348: 346: 342: 334: 332: 330: 326: 322: 318: 314: 310: 309:antibacterial 306: 302: 298: 293: 291: 288: 284: 280: 276: 275:biotechnology 273:is an Indian 272: 263: 255: 251: 247: 241: 226: 223: 218: 203: 200: 195: 180: 176: 173: 169: 165: 162: 158: 148: 142: 141: 139: 133: 129: 123: 115: 111: 107: 103: 99: 95: 91: 87: 84: 83:Biotechnology 81: 77: 71: 67: 64: 62: 58: 55: 54: 52: 49: 44: 41: 38: 34: 30: 25: 19: 740:. Retrieved 734: 724: 712:. Retrieved 706: 696: 684:. Retrieved 671: 659:. Retrieved 652: 643: 631:. Retrieved 627: 617: 605:. Retrieved 601: 592: 580:. Retrieved 567: 555:. Retrieved 551: 541: 529:. Retrieved 519: 507:. Retrieved 503: 476:. Retrieved 472:Moneycontrol 471: 447:. Retrieved 443: 431: 419:. Retrieved 415: 364: 349: 338: 313:anthelmintic 294: 283:fermentation 270: 269: 248:1,180 (2022) 143:Sudhir Vaid 105:Headquarters 36:Company type 18: 582:28 February 449:17 December 190:1,016 crore 149:Ankur Vaid 126:Area served 100:Sudhir Vaid 758:Categories 686:18 January 531:5 February 393:References 345:tacrolimus 305:antifungal 222:Net income 136:Key people 61:CONCORDBIO 742:30 August 356:Hyderabad 350:In 2004, 321:Ahmedabad 279:Ahmedabad 236:308 crore 213:466 crore 164:Biologics 130:Worldwide 110:Ahmedabad 48:Traded as 714:16 March 376:See also 301:oncology 160:Products 79:Industry 478:31 July 335:History 285:-based 253:Website 178:Revenue 114:Gujarat 97:Founder 89:Founded 68::  59::  661:5 July 633:24 May 607:24 May 557:24 May 509:24 May 421:24 May 387:Biocon 317:Dholka 70:543960 40:Public 440:(PDF) 360:Mylan 325:USFDA 319:near 151:(CEO) 119:India 744:2018 716:2015 688:2016 681:Mint 663:2016 635:2024 609:2024 584:2013 559:2024 533:2013 511:2024 504:mint 480:2023 451:2022 423:2024 311:and 262:.com 92:2000 258:www 66:BSE 57:NSE 760:: 733:. 705:. 679:. 651:. 626:. 600:. 575:. 550:. 502:. 488:^ 470:. 459:^ 442:. 414:. 401:^ 372:. 347:. 331:. 307:, 303:, 299:, 117:, 112:, 746:. 718:. 690:. 665:. 637:. 611:. 586:. 561:. 535:. 513:. 482:. 453:. 425:. 234:₹ 211:₹ 188:₹

Index


Public
Traded as
NSE
CONCORDBIO
BSE
543960
Biotechnology
Ahmedabad
Gujarat
Biologics
Small molecules
Active ingredient
Operating income
Net income
www.concordbiotech.com
biotechnology
Ahmedabad
fermentation
biopharmaceutical
active pharmaceutical ingredients
immunosuppressant
oncology
antifungal
antibacterial
anthelmintic
Dholka
Ahmedabad
USFDA
Kheda district

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