The 5-year analysis of Themis Medicare Ltd's performance infers:
We analysed the performance of Themis Medicare Ltd share prices over the last 10 years. Here is what we found out:
Themis Medicare (TML) incorporated in 1969, is engaged in manufacturing of Active Pharmaceutical Ingredients (APIs) and Formulations. Erstwhile known as Themis Chemical the company is promoted by Mr. Shantibhai D. Patel. It is joint venture with Gedeon Richter, Hungary.
Headquartered in Mumbai, the company has four manufacturing facilities located at Vapi (Gujarat), Hyderabad (Andhra Pradesh), and Haridwar (Uttaranchal).
The company is backed by strong marketing workforce of 500 people
The company is backed by strong marketing workforce of 500 people with network of over 2000 stockists. The company has pan-India presence; it also has presence in 40 countries that include international markets namely Europe, Americas and Australasia.
Company has an in-house R&D facility that focuses on development of new chemical, new and efficient processes for production of API and intermediates, fermentation technology and New Drug Delivery Systems.
Themis Medicare is also engaged in supplying its research formulations to well known Pharmaceutical companies in India namely Alkem Lab, Fulford, Intas Pharmaceuticals, IPCA Lab., Cadila Healthcare, Aristo Pharma, Mankind Pharma, Shreya Lifesciences, Nicholas Piramal, Unichem Lab, etc.
Active Pharmaceutical Ingredients- The Company is manufactures APIs that caters to therapeutic segment such as antituberculosis, antimalarials, cardiology, pain management, anti-infectives, haematinics, health and nutrition. Company manufactures products namely Simvastatin, Lovastatin, Propofol, Ethambutol, Di-methyl Isosorbide, Artesunate, Lumefenterine, Arteether are among others.
Formulations- The company also formulations that caters to therapeutic segment. It has produced products such as Themibutol, Tetracox, Tricox, Ticinex, Ticin are among others.
1969- Themis Chemicals was incorporated in joint venture with GEDEON Richter, Hungary.
1971- Themis Chemicals became first company in India and second company in the world to manufacture Vitamin B12 by non-sterile fermentation process.
1976- Themis Chemicals became first company in India and second company in the world to manufacture Ethambutol Dihydrochloride.
1985- RIFAMPICIN was produced for first time in India by Themis Chemicals.
1990- Company developed and manufactured HEMOLOK.
1991-92 Besides Schering Plough of USA, company was only one to manufactures SISOMICIN. Company developed and manufactured ANABLOKTM â€“ an anaesthetic.
1993- It was only private sector company to produce GENTAMICIN in India
1995- For the first time in the world the company produces FUMAGILLINâ€“ a unique veterinary productThemis Chemicals is listed on the Bombay Stock Exchange.
1996- The company became first in India and third in the world to produce LOVASTATIN.
1997- Company received award from Ministry of Science and Technologyâ€™s Department of Scientific and Industrial Research (DSIR).
1998- Company developed Simvastatin for the first time in Asia.
1999- Company launched E MALTM â€“ Alpha Beta Arteether and it also received award from Ministry of Science and Technologyâ€™s Department of Scientific and Industrial Research (DSIR) for the same.
2001- Company was rechristened as Themis Medicare
2002- The company for first time in India developed SEPGARDTM â€“ a unique wound healing agent.
2003- For first time in the world, company developed CLEOFOLTM- a Lipid free Clear Propofol Injection. In the same year it also introduced the first COX-2 INJECTION in the world.
2004- Artemis Biotech was merged with Themis Medicare. The company forms its second joint venture with Gedeon Richter of Hungary to set up 100% export oriented unit under the name Richter Themis Medicare (INDIA). The same year the company commissions a new facility at Hyderabad.
2006- Company starts operations of its manufacturing unit located at Haridwar. Company develops and introduces Nimesulide Injection. Company launches THEMISEALTM- a stops bleeding gel and forays in European market. Company started cultivation of Artemisia annua and extraction of Artemisinin.
2007- For first time in the world, the company introduced Aceclofenac Injection.
2010 - Themis Medicare launched a combination of Lidocaine & Prilocaine in 'Spray' form under the brand name ""Lovelong"" 2011 - Themis Medicare have introduced for the First Time in the Country a 'calcium' preparation with fruitygummies for paediatric use under the brand name "THEMIBEAR".The Company have introduced for the First Time in the country a ""Multivitamin"" for Paediatric use under the brand name "THEMIBEAR" 2013 - Introduction of oil free Emal (Alpha beta arteether injection) in ampoules, and PFS (Pre-Filled Syringe)Break through development of Diclofenac 75 mg / ml injection using patented technology and assigned exclusive marketing rights to Novartis India Limited under their flagship brand - Voveran 75 mg / ml InjectionLong term partnership signed with Novartis India Limited for exclusive marketing rights of Diclofenac TPM Gel (Voveran TPM Gel) for India