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The two merged their names to form the name for their company, Ranbaxy.Ranbaxy's international expansion continued as well, with the launch of marketing operations in Brazil. Show fax number. ; Ranbaxy PRP (Peru) S.A.C. To finance its growth, the company listed on the Indian Stock Exchange that year.Ranbaxy Laboratories had its origins in the early 1960s when Ranjit Singh and Gurbux Singh, two employees of a Japanese pharmaceutical company operating in India, formed their own pharmaceutical preparations company in Amritsar, in Punjab state. Profile News & information On location . The entry of Singh's eldest son, Parvinder, into the company in 1967, however, set the company on a new course to become a fully independent pharmaceutical company.Ranbaxy expanded its production at home as well, opening a new state-of-the-art dosage plant in Dewas in 1983. Ranbaxy is a truly global operation, producing its pharmaceutical preparations in manufacturing facilities in seven countries, supported by sales and marketing subsidiaries in 44 countries, reaching more than 100 countries throughout the world. (56.25%); Ranbaxy (Netherlands) B.V.; Ranbaxy (S.A.) Proprietary Ltd.; Ranbaxy (UK) Ltd.; Ranbaxy Do Brasil Ltda. The new management team continued Singh's expansion strategy, opening a new manufacturing plant in Vietnam in 2001.Ranbaxy's ability to produce generic medications at far lower cost than its branded competitors placed the company in a strong position for international expansion, especially in less developed markets. In Europe, the company's purchase of RPG (Aventis) S.A. makes it the largest generics producer in that market. ; Ranbaxy Drugs and Chemicals Company; Ranbaxy Drugs Ltd.; Ranbaxy Egypt Ltd.; Ranbaxy Europe Ltd. (United Kingdom); Ranbaxy Farmaceutica Ltda. Ranbaxy Nigeria Limited is a subsidiary company of Sun Pharmaceuticals Industries Ltd engaged in manufacturing and marketing of pharmaceutical products into the Nigerian market. At the same time, Lilly agreed to begin marketing Ranbaxy's generic medications in the United States.
When Singh, a native of Pakistan who had arrived in India at the beginning of that decade, came to collect, the Ranbaxy partners offered to turn over their company to him instead.Ranbaxy also sought new alliances, and in 2003 the company reached a global drug discovery and development partnership with GlaxoSmithKline. A major part of this effort has been the establishment of the company's own research and development center, which has enabled the company to begin to enter the new chemical entities (NCE) and novel drug delivery systems (NDDS) markets. Yet Parvinder Singh himself quickly displayed a talent for business and was credited, in large part, with guiding the company into the ranks of the global pharmaceutical leaders.Ranbaxy's owners sought additional financing and turned to a local moneylender, Bhai Mohan Singh.