Zandu Pharmaceutical
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Zandu Realty Limited (formerly Zandu Pharmaceutical Works Limited) is an international
pharmaceutical company The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate sympto ...
based in
Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
,
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 ...
. Company's core business of manufacturing and dealing in ayurvedic and medicinal preparations.


History

Established in 1910 by Pattani, Prime Minister of the erstwhile state of
Bhavnagar Bhavnagar is a city in the Bhavnagar district of the Saurashtra region of Gujarat, a States of India, state of India. It was founded in 1723 by Gohil Koli, Bhavsinhji Takhtasinhji Gohil (1703–1764). It was the capital of Bhavnagar State, whi ...
with Zandu Bhatt, Zandu went public in 1919 with the issuance of stocks. The company derives its name from
Vaidhya Vaidya (Sanskrit: ), or vaid is a Sanskrit word meaning "traditional practitioner of Ayurveda", an indigenous Indian system of alternative medicine. Senior practitioners or teachers were called ''Vaidyarāja'' ("physician-king") as a mark of respe ...
Zandu Bhattji, the original founder of the firm named ''Zandu Pharmaceuticals''. He was a renowned
Vaidhya Vaidya (Sanskrit: ), or vaid is a Sanskrit word meaning "traditional practitioner of Ayurveda", an indigenous Indian system of alternative medicine. Senior practitioners or teachers were called ''Vaidyarāja'' ("physician-king") as a mark of respe ...
not only of
Gujarat Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...
but India in late 19th century and early 20th century. The Vaidhya family's stake has been sold to
Emami Emami Group is an Indian multinational conglomerate company headquartered in Kolkata, India. This group trades with their tag name Himani. The company has seven manufacturing units across India and one overseas unit. The Company caters to a nu ...
in 2008 for ₹730 crores


References

Companies based in Mumbai Pharmaceutical companies of India Pharmaceutical companies established in 1910 Indian brands Indian companies established in 1910 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange Indian companies established in 1919 {{India-company-stub