Formulation Operations begin with formation of Stangen Pharmaceuticals. KB Sankar Rao takes over as the production manager and TR Bhoopathy as the head of marketing of the company. Stangen Pharmaceuticals starts expanding its marketing network to Eastern, North Eastern, Northern and Central India.
1987 sees Cheminor Drugs obtain its first USFDA approval for Ibuprofen API. This marks the first inspection of the API facility at Jeedimetla, Hyderabad. The company also starts exporting Ibuprofen API to the U.S.A. Globe Organics, a subsidiary of Cheminor Drugs, starts operations. In the same year, Dr. Reddy’s obtains USFDA approval for Methyldopa.
It acquires Benzex Laboratories, a bulk drug unit in Bollarum, Hyderabad thus expanding its bulk actives business. Benzex starts manufacturing active ingredients of certain semi-synthetic Pencillins (Ampicillin and Cephalexin).
Click to read related memories
Currently, Chairman Divis Laboratories Was MD of Cheminor Drugs from 1984- 1990