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A US civil war veteran founded which pharma company?
Experts see a great future for the Indian pharma companies. Even in the patent regime, Indian companies are seen to do good business -- both in the domestic market and overseas. Take the Rediff Business Quiz and find out how much you know about the pharma industry.

Biz Quiz is best viewed in Internet Explorer (IE) and Netscape above version 6.0.

1. A veteran of the US Civil War went on to find which famous pharma company?
a) Pfizer
b) Eli Lilly
c) Aventis

Wrong! Try again.
Wrong! The correct answer is Eli Lilly.
Eli Lilly and Company, which now enters its 128th year of business was founded in May 1876 by Colonel Eli Lilly in Indianapolis. A 38-year-old pharmaceutical chemist and a veteran of the US Civil War, Colonel Lilly was frustrated by the poorly prepared, often ineffective medicines of his day. Although his business flourished, Colonel Lilly wasn't satisfied with the traditional methods of testing the quality of his products. Today it has more than 46,000 employees worldwide and approximately 8,700 are engaged in research and development. Its products are marketed in 138 countries. Fortune magazine voted it as one of the '100 Best Companies to Work for' in America for three consecutive years. It introduced Humulin®, human insulin, the first human-health-care product created by biotechnology and in 1923, Iletin®, the first commercially available insulin product.
Correct!
Eli Lilly and Company, which now enters its 128th year of business was founded in May 1876 by Colonel Eli Lilly in Indianapolis. A 38-year-old pharmaceutical chemist and a veteran of the US Civil War, Colonel Lilly was frustrated by the poorly prepared, often ineffective medicines of his day. Although his business flourished, Colonel Lilly wasn't satisfied with the traditional methods of testing the quality of his products. Today it has more than 46,000 employees worldwide and approximately 8,700 are engaged in research and development. Its products are marketed in 138 countries. Fortune magazine voted it as one of the '100 Best Companies to Work for' in America for three consecutive years. It introduced Humulin®, human insulin, the first human-health-care product created by biotechnology and in 1923, Iletin®, the first commercially available insulin product.

2. A fine chemical products business that began in Brooklyn, New York is today one of the world's biggest drug firms. Name it.
a) Pfizer
b) Merck
c) AstraZeneca

Wrong! Try again..
Wrong! The correct answer is Pfizer.
Charles Pfizer along with his cousin Charles Erhart transformed a $2,500 loan from his father into one of America's leading producers of fine chemical products. In 1928 Alexander Fleming discovered the antibiotic properties of the penicillin mold, which not only created medical history but also changed Pfizer's future. But it was after a decade that a team of scientists at Oxford University rediscovered Fleming's work and revived research. The Oxford team turned to America for help and Pfizer offered its assistance. In 1950, Terramycin, a broad-spectrum antibiotic becomes the first pharmaceutical sold in the United States under the Pfizer label. In the second quarter ending June 30, 2004 Pfizer reported a net income of $2.863 billion.
Correct!
Charles Pfizer along with his cousin Charles Erhart transformed a $2,500 loan from his father into one of America's leading producers of fine chemical products. In 1928 Alexander Fleming discovered the antibiotic properties of the penicillin mold, which not only created medical history but also changed Pfizer's future. But it was after a decade that a team of scientists at Oxford University rediscovered Fleming's work and revived research. The Oxford team turned to America for help and Pfizer offered its assistance. In 1950, Terramycin, a broad-spectrum antibiotic becomes the first pharmaceutical sold in the United States under the Pfizer label. In the second quarter ending June 30, 2004, Pfizer reported a net income of $2.863 billion.

3. This Indian pharma company received the Economic Times Award for Corporate Excellence for 'The Company of the Year, 2002-2003'. Name it.
a) Ranbaxy
b) Dr Reddy's Lab
c) Wockhardt

Wrong! Try again..
Wrong! The correct answer is Ranbaxy.
Incorporated in 1961, Ranbaxy Laboratories Limited, India's largest pharmaceutical company, manufactures and markets generics, branded generic pharmaceuticals and active pharmaceutical ingredients. It stands amongst the top ten generic companies worldwide. With a target of achieving $1 billion sales in 2004, the company is now aspiring to achieve $5 billion sales by 2012 and be amongst the top five generic players. In 1998 Ranbaxy entered USA, world's largest pharmaceuticals market, with products under its own name. In 2001, Ranbaxy USA crossed sales of $100 million, and is named the fastest growing company in the US.
Correct!
Incorporated in 1961, Ranbaxy Laboratories Limited, India's largest pharmaceutical company, manufactures and markets generics, branded generic pharmaceuticals and active pharmaceutical ingredients. It stands amongst the top ten generic companies worldwide. With a target of achieving $1 billion sales in 2004, the company is now aspiring to achieve $5 billion sales by 2012 and be amongst the top five generic players. In 1998 Ranbaxy entered USA, world's largest pharmaceuticals market, with products under its own name. In 2001, Ranbaxy USA crossed sales of $100 million, and is named the fastest growing company in the US.

4. In 1999, which pharma company acquired American Remedies Limited?
a) Glaxo
b) Dr Reddy's Lab
c) German Remedies

Wrong! Try again..
Wrong! The correct answer is Dr Reddy's Lab.
In 1984 Dr Reddy's was established with an initial capital of Rs 25 lakhs. In 1991 Dr Reddy's commenced first exports of its formulations to Russia. Two years later, Dr Reddy's Research Foundation is established and becomes operational. Dr Reddy's Research Foundation was established in 1992. On April 11, 2001, Dr Reddy's became the first Asia Pacific pharmaceutical company, outside Japan, to list on the New York Stock Exchange. Dr Reddy's, also, became the first Indian pharmaceutical company to obtain 180-day exclusive marketing rights for a generic drug in the US market with the launch of Fluoxetine 40 mg capsules on August 3, 2001. In 2002, it acquired BMS Laboratories Limited and Meridian Healthcare, UK. Dr Kallam Anji Reddy is the founder chairman of Dr Reddy's Group of Companies.
Correct!
In 1984 Dr Reddy's was established with an initial capital of Rs 25 lakhs. In 1991 Dr Reddy's commenced first exports of its formulations to Russia. Two years later, Dr Reddy's Research Foundation is established and becomes operational. Dr Reddy's Research Foundation was established in 1992. On April 11, 2001, Dr Reddy's became the first Asia Pacific pharmaceutical company, outside Japan, to list on the New York Stock Exchange. Dr Reddy's, also, became the first Indian pharmaceutical company to obtain 180-day exclusive marketing rights for a generic drug in the US market with the launch of Fluoxetine 40 mg capsules on August 3, 2001. In 2002, it acquired BMS Laboratories Limited and Meridian Healthcare, UK. Dr Kallam Anji Reddy is the founder chairman of Dr Reddy's Group of Companies.

5. The Chemical, Industrial & Pharmaceutical Laboratories is popularly known as?
a) Cadila
b) Cheminor
c) Neither

Wrong! Try again.
Wrong! The correct answer is neither.
In 1935, Khwaja Abdul Hamied set up The Chemical, Industrial & Pharmaceutical Laboratories, which came to be popularly known as Cipla. Cipla was officially opened on September 22, 1937 when the first products were ready for the market. In 1968, Cipla manufactured ampicillin for the first time in India. In 1984, Cipla developed anti-cancer drugs, vinblastine and vincristine in collaboration with the National Chemical Laboratory, Pune. The same year it won Sir P C Ray Award for developing in-house technology for indigenous manufacture of a number of basic drugs.
Correct!
In 1935, Khwaja Abdul Hamied set up The Chemical, Industrial & Pharmaceutical Laboratories, which came to be popularly known as Cipla. Cipla was officially opened on September 22, 1937 when the first products were ready for the market. In 1968, Cipla manufactured ampicillin for the first time in India. In 1984, Cipla developed anti-cancer drugs, vinblastine and vincristine in collaboration with the National Chemical Laboratory, Pune. The same year it won Sir P C Ray Award for developing in-house technology for indigenous manufacture of a number of basic drugs.

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Compiled by: Rediff Business Desk



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