Quality Chemicals Limited (QCL) is a

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

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 and re ...

, life sciences, and distribution company. The company was formed in 1997, specializing at first in the importation of generic human and veterinary medication. Its headquarters are located on Katwe Road, in the neighborhood known as

Katwe Katwe is an area in the city of Kampala, Uganda's capital. Location Katwe, located in Makindye Division, is bordered by Nakasero to the north, Nsambya to the east, Kibuye, Uganda, Kibuye and Makindye to the southeast, Ndeeba to the south and Meng ...

Makindye Division Makindye Division is one of the five administrative divisions of Kampala, the capital of Uganda, and the largest city in that country. The city's five divisions are: (a) Kampala Central Division (b) Kawempe Division (c) Lubaga Division (d) Makindye ...

in the southern part of

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

, Uganda's capital and largest city.

Quality Chemical Industries Limited

In 2003, discussions began between QCL and 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 pharmaceutical company

Cipla Cipla Limited (stylized as Cipla) is an Indian multinational pharmaceutical company, headquartered in Mumbai. Cipla primarily develops medicines to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression and many oth ...

, with the blessing of the

Government of Uganda Uganda is a presidential republic in which the President of Uganda is the head of state and the prime minister is the head of government business. There is a multi-party system. Executive power is exercised by the government. Legislative power is ...

, to establish a joint-venture company in Uganda that would manufacture triple therapy anti retroviral drugs and double therapy antimalarial medication for use in Uganda and nearby countries.

Quality Chemical Industries Limited Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company in Uganda. According to a 2007 published report, it was the only company in Africa that manufactured triple-combination antiretroviral (ARV) drugs. Ci ...

was registered formally on 10 June 2005, with equal shareholding between Cipla and QCL. Later, the Capitalworks International Partnership Fund of South Africa and United Kingdom-based TLG Capital acquired minority shareholding in the joint venture. In 2013, QCL ceded 14.45 percent shareholding to Cipla, making the Indian pharmaceutical company the majority shareholder. The name of the company was changed to

Cipla Quality Chemical Industries Limited Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company in Uganda. According to a 2007 published report, it was the only company in Africa that manufactured triple-combination antiretroviral (ARV) drugs. C ...

to reflect the new ownership structure.

Ownership

The shareholding in the stock of Quality Chemicals Limited included the six shareholders who founded the business in 1997. In May 2015, Cipla agreed to pay US$30 million for 51 percent shareholding in Quality Chemicals Limited. The transaction was expected to close by July 2015. The shareholding in the company is illustrated in the table below: * Note:Totals are slightly off due to rounding

References

{{Authority control Pharmaceutical companies of Uganda Companies established in 1997 1997 establishments in Uganda Companies based in Kampala Health care companies established in 1997