Mumbai-based Taj Pharmaceuticals Limited — background, organization, products, core belief and prospects
Life - It is the underlying purpose of everything we do at Taj pharmaceuticals Ltd. We are committed to developing a distinguished branded pharmaceuticals business. A purpose that defines our R & D strategy of discovering & developing innovative products that improve the quality of life. we are one of the fast growing company in India & abroad.
We manufacture various types of medicines that includes-: Diabetic care products, Insulin, Delivery system, Growth hormones, Food and Nutraceuticals, All types of Surgical equipments & Life Saving drugs.
We also leads emphasis to all types of country drugs like- Ayurvedic, Herbal Products, etc. Here you will find complete solution for regular health & personal care, body care & skin care requirements. Our key focus areas for growth include major — Therapeutic Segments like Cardiovascular, CNS, Cancer, Aids, inflammatory & Ophthalmology. Having defined a branded products portfolio, We are actively looking for Marketing Firms/ Distributors / Agents with complimentary skills, People who can extend the reach of our brands & / or for whom we can extend the reach of their brands. Quality has always been a strong part of Taj Pharmaceuticals proposition. Care is taken to ensure a high level of quality in our products and services
Taj Pharma is one of the leading generic pharmaceutical company in India. We hold top positions in different established markets worldwide and are building a strong presence in many emerging generics markets.
Today, we market more than 500 branded and 4600 generics compositions to consumers in more than 40 countries and territories across the globe. Our products cover a vast array of therapeutic categories, and we offer an extensive range of dosage forms and delivery systems including oral solids, controlled-release, steriles, injectables, topicals, liquids, transdermals, semi-solids and high-potency products.
At Taj Pharma, we are always ready to meet the challenges of the dynamic global pharmaceutical industry with its numerous and wide-ranging issues — from complex research, development and regulatory conditions to rapidly changing consumer demands.
Our Generics portfolio offers over 1500 products in the major therapeutic areas of gastro-intestinal, cardiovascular, pain management, oncology, anti-infectives, paediatrics and dermatology. Brands like Alzocum®, Benacof, Wallbrurate®, Coversec, Cadrol, Humogen and Merokem enjoy leadership positions in several key markets, including India, Russia & other countries.
Our deep customer relationships, quality medicines and consistently delivered promise make us a trusted brand across the world.
Taj Pharma capitalizes on every opportunity to bring our high-quality products to more people around the world. A synchronized supply chain that leverages our strong product development capabilities, state-of-the-art manufacturing and vertical integration with our own APIs has created a creditable track record of successful launches.
Taj Pharma capitalizes on every opportunity to bring our high-quality products to more people around the world. A synchronized supply chain that leverages our strong product development capabilities, state-of-the-art manufacturing and vertical integration with our own APIs has created a creditable track record of successful launches.
Our generics offerings deliver quality at cost-effective prices in the highly regulated markets of the United States, UK and other Asian countries.TAJ PHARMACEUTICALS LTD. Pharmaceuticals Inc. is a product-driven pharmaceutical company with diversified expertise. While TPL is relatively old to the Indian market, it is by all means an eminent player in the generics pharmaceuticals manufacturing. As a wholly owned subsidiary of Taj Pharma Group.
Our product development and manufacturing capability, teamed with our ability to market products in many global markets, makes Taj Phamra an attractive business ally. A key part of our business strategy is to collaborate with partners with complementary skills — “A Win-Win” strategy that strengthens the position of our partners as well as TPL.
TPL has already experienced commercial success penetrating the European and Russian health care market, and looks forward to enhanced growth and future business opportunities through collaboration and strategic alliances.
The Beginnings
With a basket including personal care, health care and other products, Taj Pharma Group has set up Group Companies across the India that can manage its businesses more efficiently. Given the vast range of products, sourcing, production and marketing have been divested to leading group companies that conduct their operations independently.
Our company clear vision to bring Ayurveda and Herbals to society in a contemporary form and to unravel the mystery behind the 5,000 year old system of medicine. This included referring to ancient ayurvedic texts, selecting indigenous herbs and subjecting the formulations to modern pharmacological, toxicological and safety tests to create new drugs and therapies.
We export API, branded formulations and generic formulations to over 28 countries. Our inherent strength lies in identifying relevant API and formulations, and selling them at affordable prices across the world. All this has been possible because of our innovative and sustained marketing efforts. We are all set to spread our wings further and touch more lives across the globe.
Healthy Environment
As a responsible corporate citizen espoused to the cause of a better quality of life, Taj Pharmaceuticals accords high priority to Safety, Health and Environment. We are committed to protecting the environment we operate in, and ensuring the health and safety of our employees and stakeholders.
Our Mission
Our mission is to become the recognized leader in accelerating discovery and development of novel, small molecule drug therapies. The innovative application of our proprietary computational lead drug design technology provides the opportunity to substantially compress the time and cost of drug development and have a dramatic impact on important disease states.
Taj Pharmaceuticals products can broadly be categorized into four main ranges: Pharmaceutical, Personal Care, Well-being and Animal Health
Medicines — The medicinal range broadly classified into four categories:
Children’s Health, Men’s Health, Women’s Health and General Health
Corporate Governance
Taj Pharmaceuticals is committed to all its shareholders and strives to serve the diverse interests of customers, employees, shareholders and holders of Taj Pharmaceuticals nonvoting equity securities in a balanced fashion. This commitment is reflected in our operating businesses’ focus on value creation, in a management culture that conforms to modern standards of corporate governance and in our Group’s policy of communicating transparently.
A series of documents and corresponding details are made available to all key stakeholder groups: shareholders, employees, customers, suppliers and the general public.
History:
The founder of Taj Pharmaceuticals, Dr. Ranvir Singh, is a pioneering entrepreneur who is convinced that the future belonged to branded pharmaceutical products. He is among the first to recognise that the industrial manufacture of standardised medicines would be a major advance in the fight against disease.
This led him to found Taj Pharmaceuticals Ltd. in India & Abroad. From the very beginning, Dr. R. K. Singh attached great importance to product information as the link between the pharmaceutical manufacturer and doctors, pharmacists and patients. Shortly after the foundation of the company, affiliates were opened in Mauritius, Malaysia, Dubai, Moscow, England, France, the US, Great Britain and Russia.
Since then, Taj Pharmaceuticals has grown into one of the world’s leading healthcare companies and one of the most important India.
Corporate Principles
These are the guiding principles which embody our vision of the company we strive to be: an innovative company which enjoys the pride of its employees and deserves the lasting trust of its partners.
Mission:
Our aim as a leading healthcare company is to create, produce and market innovative solutions of high quality for unmet medical needs. Our products and services help to prevent, diagnose and treat diseases, thus enhancing people’s health and quality of life. We do this in a responsible and ethical manner and with a commitment to sustainable development respecting the needs of the individual, the society and the environment.
Values:
Service to Patients and Customers
A prime objective of Taj Pharmaceuticals is to meet the patients’ and customers’ needs for high quality products and services. This implies identifying and solving their problems and anticipating their future needs by maintaining close contacts with them and listening to what they say. Our commitment includes full respect for patients’ individual rights.
Respect for the Individual
We believe that the success of our company depends on the combined talents and performance of dedicated employees. For this reason, we want:
- to build respect for the individual into all our work by ensuring that all members of the organization understand their responsibility to respect each other’s rights and dignity;
- our people to develop their talents and make optimal use of their abilities and potential and to encourage information-sharing and open dialogue;
- to provide recognition based on performance and contribution to Taj Pharmaceutical’s success;
- to promote diversity and equal opportunities;
- everyone in the organization to work under optimal conditions of health and safety.
Commitment to Responsibility
We want to meet high standards of performance and corporate responsibility in all our activities and we apply our Corporate Principles in our dealings with business partners. We are committed to selecting, developing and promoting employees and managers with self-drive and empathy who:
- combine professional competence with a leadership style that motivates people to high performance;
- have an open mind and a sense of urgency, understand the needs of the company and have the courage to question conventional wisdom;
- have the flexibility required to broaden their experience;
- live these corporate principles in their decisions and actions.
Commitment to Performance
We aim to continuously create value for our stakeholders and to achieve sustainable, high profitability. We do this in order to maintain our commitment to research, to ensure our growth and independence, to provide employment opportunities, to cover risks and to pay an attractive return on invested capital.
Commitment to Society
We want to maintain high ethical and social standards in our business dealings, in our approach to medical science, in our efforts to protect the environment and ensure good citizenship. We will maintain these standards by adherence to local, national and international laws and co-operating with authorities and in proactively communicating with the public. We support and respect the human rights within the sphere of our influence. We recognize the need to work in partnership with our stakeholders, regularly seeking their views and taking them into account.
Commitment to the Environment
As part of our commitment towards sustainable development we proactively seek to employ new, more sustainable technologies and processes and to minimize our impact on the environment.
Commitment to Innovation
Innovation across all aspects of our business is key to our success. Being active in high-technology fields, we must recognize new trends at a very early stage and be open to unconventional ideas. We see change as an opportunity and complacency as a threat. We therefore encourage everywhere in the company the curiosity needed to be open to the world and new ideas.
Continuous Improvement
We are committed to benchmarking our principles and achievements against the industry and best practice; this includes transparent reporting. We will continue to put in place directives and processes that enable us to implement each of our Corporate Principles.
Entry into Force
The Taj Pharmaceuticals Corporate Principles of 1990 were reviewed, amended and adopted by the Corporate Executive Committee on January 14, 2016, and approved by the Board of Directors on February 24, 2016.
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