The company also has significant presence in gastrointestinal diabetology antiinfective and pain management. Also get torrent pharma sharestock detailed information on torrent pharma along with top stories and articles on torrent pharma during. Nonus country and region specific information is not available on this page. In april 2006 the company incorporated torrent pharma japan co ltd as a wholly owned subsidiary in japan to cover the generic market in the country effectively for future business prospects. The fda alerts below may be specifically about losartan or relate to a group or class of drugs which include losartan.
Torrent pharmaceuticals has launched leflunomide a new generation rheumatoid arthritis drug, at a big discount to its innovator, multinational aventis pharma. Its recalls started small but swelled as the year went along. Torrent pharmaceuticals limited manufactures, markets andor distributes more than 43 drugs in the united states. Torrent pharma, the flagship company of torrent group, is ranked amongst the top pharma companies of india. Jan 18, 2018 torrent pharmaceuticals ltd on thursday announced the acquisition of the usbased generic pharmaceuticals and otc company, biopharm, inc. Torrent pharmaceuticals news latest torrent pharmaceuticals. The us drug regulator has accused torrent pharma of manufacturing nasal solutions, oral solutions and rectal suppositories through a contaminated water system.
During the year 200607 the company launched 49 new products in the market. The company expects this to help it in development of dmfs for api,generic formulations and novel dosage forms for europe,the us and regulated markets. Jan 18, 2018 torrent pharmaceuticals has acquired biopharm, a generic and overthecounter drugmaker based in levittown, pennsylvania, for an undisclosed sum. Torrent pharmaceuticals ltd company, directors and contact. The new facility was built as part of an agreement signed by torrent pharma with novo nordisk india in august 2005 to dedicate a part of its indrad parenteral facility to carry out works related to insulin formulating and packaging. Earlier in july, the drug regulator had classified torrent pharmas dahej facility as official action initiated oai. In this quest, primarily, we have inclined ourselves towards safeguarding both the qualitative and quantitative aspects with the help of our robust manufacturing technologies and manufacturing facilities. Food and drug administration 10903 new hampshire avenue silver spring, md 20993 1888infofda 18884636332 contact fda.
Us fda warning letter to torrent pharma blames management. Aman mehta, chief marketing officer of torrent pharma said for now the focus of the co will be on launching new products in categories such as cardiology and diabetes. Get torrent pharmaceuticals latest news, videos and photos also find breaking news, updates, information on torrent pharmaceuticals. Torrent pharmaceuticals operates in more than 40 countries with over 2000 product registrations globally. Torrent pharmaceuticals limited is expanding its recall for losartan potassium tablets usp and losartan potassiumhydrochlorothiazide tablets, usp, to the consumer level due to the detection of. Torrent pharmaceuticals company history pharmaceuticals. Torrent pharma acquires usbased generic, otc player biopharm.
Torrent pharmaceuticals company history business standard. Torrent pharmaceuticals puts faith in local market, to focus on new drug launches 29 jan, 2020, 02. It is classified as nongovt company and is registered at registrar of companies, ahmedabad. Torrent pharmaceuticals is one of the leading pharmaceutical companies having presence in indian and global markets. Torrent pharma expands recall of hypertension drug in us. The company is a dominant player in the therapeutic areas of cardiovascular cv. Torrent has acquired 3 companies and its latest acquisition was biopharm, inc. Torrent pharma inc company profile and news bloomberg markets. Check for a complete historical background of torrent pharmaceuticals ltd. It has major business of export in varioud international markets brazil and usa being a major ones. Try using these guidelines for better search results. This was a businessrelated decision to discontinue manufacturing these products. Torrent pharma inc company profile and news bloomberg.
Get a list of all medicines and other products manufactured by torrent pharmaceuticals ltd. Torrent competitors, revenue and employees owler company. It is a dominant player in the therapeutic areas of cardiovascular cv and central nervous system cns and has achieved significant presence in gastrointestinal, diabetology, antiinfective and pain management segments. See torrents revenue, employees, and funding info on owler, the worlds largest communitybased. Get latest torrent pharma newsupdates and resultsanalysis. Torrent pharma share price, torrent pharma stock price, torrent pharmaceuticals ltd. The company completed the upgradation of bulk drug plant. Latest torrent pharmaceuticals ltd news, photos, latest news. Torrent pharma initiated the marketing operations in myanmar in 1995.
Torrent pharma share price, torrent pharma stock price. The ahmedabadbased company, part of the rs 14,000crore torrent group, is the only domestic pharma co that has. Torrent pharmaceuticals limited manufactures, markets andor distributes more than 43. The plant has been manufacturing insulin for novo nordisk products for more than 15 years. Torrent pharma acquires usbased generic, otc player bio. Torrent pharma inc manufactures, fabricates, and processes drugs in pharmaceutical preparations for human and veterinary use. Torrent pharmaceuticals limited company information. Torrent pharmaceuticals is flagship company of torrent group. Under this classification, the fda doesnt grant new approvals to the company for selling the products from the particular site until its reservations are addressed. Shop online for range of torrent pharma products on clickoncare wide range of skin and. Medications listed here may also be marketed under different names in different countries. Torrent pharmaceuticals puts faith in local market, to.
Torrent pharmaceuticals limited is an indian pharmaceutical company based in ahmedabad, gujarat, india. List of torrent pharmaceuticals ltd products chemistsworld. Latest torrent pharmaceuticals ltd news and updates, special reports, videos. It has great work culture and it provides great oppurtunities to hard working employees in terms of growth as well as other benefits. Conceived as a small generic company in the early 70s by late shri u n mehta, torrent pharma blazed a new trail in the indian pharmaceuticals industry by successfully implementing the concept of niche marketing. Talukakadi, india recalls mounted quickly as the fda dug deeper into the causes of tainted sartan blood. Torrent pharmaceuticals puts faith in local market, to focus. Read expert opinions, top news, insights and trends on the economic times. Novo nordisk, in partnership with torrent pharma, today opened an enhanced facility in gujarat and will be launching new products in the countrythe home to the worlds largest population of diabetes. Torrent pharmaceuticals 150 allen rd basking ridge nj 07920. Torrel hospital division has carved a niche in the hospital operative care segment and has embarked on an ambitious plan to expand its operations in terms of products, people and territory. Latest torrent pharmaceuticals ltd information at diainfoline.
Torrent pharmaceuticals 150 allen rd basking ridge, nj. Mehta, initially as trinity laboratories ltd, and was later renamed torrent pharmaceuticals ltd. Following is a list of possible medication recalls, market withdrawals, alerts and warnings. Torrent pharma is active in the therapeutic areas of cardiovascular cv, central nervous system cns, gastrointestinal, diabetology, antiinfective and pain management segments. Valsartan tablets, usp 40mg, 90 count, ndc 0591216719 08032018. Torrent pharmaceuticals puts faith in local market, to focus on new drug launches. Shares of torrent pharmaceuticals rose nearly 5 per cent to hit a new 52week high of rs 1,367 on the bse. At torrent, we strongly believe in providing quality medicines at affordable price to the patients. Torrent pharma and pharma dynamics pty ltd, south africa signed a technical agreement for supplies of a range of products 2005 new manufacturing unit at baddi, himachal pradesh, set up to cater to domestic formulations market. Carbamazepine 200mg tab torrent the harvard drug group. Torrent pharmaceuticals puts faith in local market, to focus on new. There has been a nationwide recall for certain products made by torrent pharma inc. Mar 03, 2020 one name that came up more often than any other was indias torrent pharmaceuticals.
The united states food and drug administration usfda has issued a warning to top indian drugmaker torrent pharmaceuticals for selling bacteriacontaminated drugs in the american market. Overseas growth gets critical for torrent pharma as unichem drags. Latest torrent pharmaceuticals ltd news, photos, latest. Tpi is the 100% us subsidiary of torrent pharmaceuticals ltd, a leading pharmaceuticals company in india with a growing presence in. Tpuk is a wholly owned subsidiary of torrent pharmaceuticals limited, a global pharmaceutical company specialising in the manufacture and distribution of generic pharmaceutical medicines. Conceived as a small generic company in the early 70s by late shri u n mehta, torrent pharma blazed a new trail in the indian pharmaceuticals industry by. Torrent pharmaceuticals share price torrent pharma. These are all the companies that torrent has acquired. Torrent pharmaceuticals ltd is a public incorporated on 15 july 1972. Affected prescription and overthecounter products which were dispensed by evans army community hospital pharmacies include the.
Whats more, torrent believes growth in the generic markets of us and germany will be driven by new product introductions and gaining. Affected prescription and overthecounter products which were dispensed by evans army community hospital pharmacies include the following. The usfda approved pithampur plant, exclusively manufactures dermatological products and caters to the national and international markets. Us fda warning letter to torrent pharma blames management for. During the year 200203, the company introduced 28 new products including the line extensions. The us food and drug administration fda has blamed the executive management of torrent pharmaceuticals ltd for violations across multiple plants in its warning letter to the companys.
Our mission is to improve quality of life by providing a broad range of high quality, affordable and effective therapeutic products to patients. Products for the global generics market torrent pharma inc. The company is a dominant player in the therapeutic areas of cardiovascular cv and central nervous system cns. Explore a wide range of torrent pharmaceuticals ltd products listed under one store and avail maximum discount on every purchase. Torrents top competitors are aurobindo pharma, cadila pharmaceuticals and glenmark. The company markets its products in the united states. Torrent pharma warned by us again, this time for using. Torrent pharmaceuticals ltd company, directors and. Aman mehta, chief marketing officer of torrent pharma said for now the focus of the co will be on launching new products in categories such as. Torrent pharmaceuticals and novo nordisk insulin and. Rk pharma inc was established with the vision of developing and contributing to the health care industry with affordable active pharmaceutical ingredients, generic products and innovative drugs. Brands listed with corresponding generic name and price details.