HINDUSTAN CHEMICALS AND PHARMACEUTICALS

The company referred to as HINDUSTAN CHEMICALS AND PHARMACEUTICALS is most accurately represented by Hindustan Antibiotics Limited (HAL).

It is a MANUFACTURER (Factory).

Here is the company profile:

Company Profile: Hindustan Antibiotics Limited (HAL)

Nature of Business: Manufacturer (Factory/Plant)

Headquarters: Pimpri, Pune, Maharashtra, India

Overview:

Hindustan Antibiotics Limited (HAL) is a pioneering public sector undertaking (PSU) of the Government of India. Established in 1954, it holds the distinction of being the first major pharmaceutical manufacturing unit in the public sector in India. Its primary mandate was to produce essential life-saving drugs and make them accessible and affordable to the Indian populace.

Products and Operations:

Historically, HAL was a significant producer of bulk drugs, particularly antibiotics such as Penicillin, Streptomycin, and Tetracycline. It also manufactured various drug formulations (finished medicines) and pharmaceutical intermediates. The company played a crucial role in establishing India's self-reliance in antibiotic production during the mid to late 20th century. Its operations involved complex chemical synthesis and fermentation processes characteristic of large-scale pharmaceutical manufacturing.

Current Status:

In recent decades, HAL has faced significant financial challenges and operational difficulties. While it retains its manufacturing infrastructure and historical importance, its production activities have been scaled down significantly, and it has been largely non-operational or struggling. There have been various discussions and initiatives regarding its revival, restructuring, or divestment by the Indian government. Despite its current dormant state in terms of active large-scale production, its foundational nature remains that of a manufacturing plant.

HINDUSTAN CHEMICALS AND PHARMACEUTICALS LTD. (HCP) manufactures and markets a range of pharmaceutical products, including:

* Anti-Tuberculosis Drugs: Isoniazid, Rifampicin, Pyrazinamide, Ethambutol

* Anti-Leprotic Drugs: Clofazimine

* Anti-Malarial Drugs: Chloroquine Phosphate

* Anti-Filarial Drugs: Diethylcarbamazine Citrate (DEC)

* Other Drugs: Prednisolone, Aspirin

* Formulations: Tablets, Capsules, Syrups, Injections

* Bulk Drugs (APIs)