Drug Houses of Australia (DHA) was originally established in 1936Bickford's
SA Memory, State Library of South Australia as an amalgamation of seven Australian

pharmaceutical A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field an ...

companies, notably A. M. Bickford & Sons. In 1970, DHA was taken over by the British bank

Slater Walker Slater Walker was a British industrial conglomerate turned bank that got into financial difficulties in the 1970s. It specialised in corporate raids. Its fall shook the British banking system at the time, and it had to be bailed out by the Bank of ...

. Drug Houses of Australia is now a leading

generic pharmaceutics A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active ch ...

and

Chinese proprietary medicine Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of va ...

(CPM) manufacturer based in

Jurong Jurong () is a major geographical region located at the south-westernmost point of the West Region of Singapore. Although mostly vaguely defined, the region's extent roughly covers the planning areas of Jurong East, Jurong West, Boon Lay, ...

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

. It was sold to

Strides Arcolab Strides Pharma Science Limited is an Indian pharmaceutical company, headquartered at Bangalore in southern India. The company manufactures pharmaceutical products, over-the-counter drugs and nutraceuticals. Products include softgel capsules, h ...

through a share purchase agreement with Haw Par Healthcare Limited,

in September 2006 for approximately SGD$19.7 million. It is currently a part of

which is listed on both the

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

n stock exchanges

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...

(BSE) and the National Stock Exchange (NSE).

References

External links

Drug Houses of Australia WebsiteStrides Arcolab WebsiteHaw Par Website
Pharmaceutical companies of Australia Pharmaceutical companies of Singapore {{Singapore-stub