Why Cipla
Why Cipla?
Cipla is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra. It was founded in 1935 by Khwaja Abdul Hamied as 'The Chemical, Industrial & Pharmaceutical Laboratories'. Cipla is one of the largest pharmaceutical companies in India and a leading producer of affordable generics. It has over 40 manufacturing facilities and a presence in over 80 countries.
In the domestic Indian market, Cipla is the 3rd largest pharmaceutical company by market share. As per IQVIA data for Jan-Sep 2022, Cipla had a 3.7% market share in the Indian pharmaceutical market. Internationally, Cipla has a strong presence in international markets. Nearly 50% of Cipla's revenues come from international markets.
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