Starwin Products Ghana was a
Ghanaian 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 ...
manufacturer. It was the first pharmaceutical company to be listed on the
Ghana Stock Exchange. It was a component of the
GSE All-Share Index
The principal stock index of the Ghana Stock Exchange or GSE is the GSE Composite Index. It was introduced in 2011 with a base value of 1000 points. This index is calculated from the values of each of the market's listings.
Market listings
Pr ...
. The company produced 8
brand name products.
History
Starwin began as the Ghana branch of
Sterling Products International in 1960. In 1976, under the Ghanaian government's indigenization program, the company sold 50% of its
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
to
entrepreneurs in Ghana. In 1987, Sterling, the original company, was bought by
Kodak
The Eastman Kodak Company (referred to simply as Kodak ) is an American public company that produces various products related to its historic basis in analogue photography. The company is headquartered in Rochester, New York, and is incorpor ...
and Starwin Products was born. On January 13, 2004 Starwin became a
public limited liability company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be free ...
and in December 2004 the company was listed on the
Ghana Stock Exchange.
In January 2020, Starwin Products Limited and two other domestic pharmaceutical companies, Dannex Limited and
Ayrton Drug Manufacturing Limited, had already merged and listed on the Ghana Stock Exchange as
DAS Pharma
Das or DAS may refer to:
Organizations
* Dame Allan's Schools, Fenham, Newcastle upon Tyne, England
* Danish Aviation Systems, a supplier and developer of unmanned aerial vehicles
* Departamento Administrativo de Seguridad, a former Colombian ...
.
Operations
The company's product line included Rapinol, Asmadrin, Painoff, Paraking,
milk of magnesia
Magnesium hydroxide is the inorganic compound with the chemical formula Mg(OH)2. It occurs in nature as the mineral brucite. It is a white solid with low solubility in water (). Magnesium hydroxide is a common component of antacids, such as milk ...
and liver salts.
References
External links
DAS Pharma official homepageStarwin Products report from Gold Coast Securities - HTML versionSAS Ghana Brokerage Listings PageStarwin Products at Alacrastore
Pharmaceutical companies of Ghana
Companies listed on the Ghana Stock Exchange
Pharmaceutical companies established in 1960
Manufacturing companies based in Accra
Ghanaian brands
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