Page 18 - NPPA full book

Establishment of Bengal Chemical and Pharmaceutical Works (1893) and Alembic
Chemical Works in Baroda (1907)

DAWN OF ALLOPATHIC SYSTEM ON THE The emergence of modern pharmaceu cal industry in India has been pioneered by eminent Indians like Prof. P.C. Roy, T.K Gajjar
and B.D Amin. Prof. P.C. Roy also known as the "Father of Indian Chemistry" set up in 1893, India's first indigenous
MAINSTREAM MEDICAL LANDSCAPE OF INDIA pharmaceu cal company, the Bengal Chemical and Pharmaceu cal Works, in a rented house in Calcu a (now called Kolkata)

with a small capital of Rs.700/- . By 1900, the firm was converted into a limited liability company and a plot of land was procured

in Calcu a to expand produc on. In 1903, Prof. T.K Gajjar, talented chemistry professor from Baroda College, together with two

of his students, Mr. AS Ko bhaskar and Mr. B.D Amin also an industrialist, set up a small factory in Parel in Bombay (now

he Bri sh introduced the allopathic system of

medicine in India. The growth of the Indian

Tpharmaceu cal industry can be broadly
divided into four stages. From late 19th century to

1970 is considered as the first stage of the pharma

industry. At that me, the Indian market was
dominated by foreign companies. The second stage

covers 1970 to 1990 when several domes c

companies began opera ons and the landmark Indian

Patent Act, 1970 was passed. 1990 to 2010 is the third
stage, where economic liberaliza on led Indian

companies to launch opera ons in foreign countries.

By the mid 1990's, India became one of the largest

producers of Sulfa drugs, An -Malarial, An bio cs,
An -Helmen cs, An -TB, Paracetamol, etc, globally.

From 2010 onwards, the Indian pharmaceu cal sector

has consolidated itself and presently, the industry
supplies high-quality generic drugs to approximately

+200 countries. Valued at US $50 billion, the Indian

pharmaceu cal industry ranks 3rd in the world in

terms of produc on by volume, and 13th by value.
Bengal Chemicals and Pharmaceu cal Works, 1900

Prof. P.C. Roy

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