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    SYNGENE INTERNATIONAL LTD.

    17 April 2025 | 12:00

    Industry >> Medical Research Services

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    ISIN No INE398R01022 BSE Code / NSE Code 539268 / SYNGENE Book Value (Rs.) 109.20 Face Value 10.00
    Bookclosure 28/06/2024 52Week High 961 EPS 12.67 P/E 57.38
    Market Cap. 29264.44 Cr. 52Week Low 608 P/BV / Div Yield (%) 6.66 / 0.17 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated as Syngene International Private Limited on November 18, 1993 at Bengaluru, Karnataka as a private limited company under the Companies Act, 1956. Pursuant to a special resolution of the shareholders dated March 26, 2007, the Company was converted into a public limited company and the name of the Company was changed to Syngene International Limited. A fresh certificate of incorporation consequent upon conversion to public limited company was issued on April 19, 2007. the Company was promoted by Kiran Mazumdar Shaw, a promoter of Biocon. On March 30, 2002, 99.9 percent of the Equity Shares of the Company were transferred to Biocon and as a result, the Company became the subsidiary of Biocon. Biocon has since been the Promoter of the Company.The details of changes in the registered office of the Company are given below: From 20th KM, Hosur Road, Electronics City P.O, Bengaluru 560 100, Karnataka, India to Biocon Special Economic Zone, Biocon Park, Plot No. 2 and 3, Bommasandra Industrial Area IV Phase, Jigani Link Road, Bommasandra, Bengaluru 560 099, Karnataka, India.

    Major events and milestones of the Company :

    1994

    -Initiated operations as a CRO with services in chemistry and biology

    1998

    -Granted 100% Export Oriented Unit (EOU) status by the Government of India

    1999

    -First operational expansion in R&D by way of expansion of lab space to over 23,000 sq. ft.

    2000

    -CIL was incorporated as a 100% subsidiary of Biocon to provide clinical research services to domestic and multinational companies

    2001

    -Forayed into chemical development with a dedicated manufacturing facility

    2003

    -Moved to Biocon Park, a 90 acre biopharmaceutical SEZ with operations spread over 65,000 sq. ft.

    2007

    -Bristol-Myers Squibb and the Company signed the first long term contract to set up the first dedicated R&D centre

    -Expansion of research facilities at Biocon SEZ to 148,000 sq. ft.

    -Crossed an annual turnover of over `1,000 million in Financial Year 2007

    2009

    -Dupont Crop Protection and the Company extended a partnership for R&D services

    -Expansion of manufacturing services with a new plant which is cGMP compliant

    -Initiated operations in safety assessment and large molecules development services

    2010

    -Acceptance of the clinical and bio-analytical facilities of CIL by the Department of Health & Human Services, FDA

    -Initiated operations in formulation development

    2011

    -Endo Pharmaceuticals and the Company collaborated to develop novel biological therapeutic molecules against cancer

    2012

    -Abbott and the Company collaborated to establish Abbott's nutrition research and development centre in India and the second R&D centre

    -Certification of the clinical facilities by ANVISA

    -Acquired 100% stake in Clinigene International Limited from Biocon

    2013

    -Crossed an annual turnover of over `5,000 million in Financial Year 2013

    -Baxter International Inc. collaborated with the Company to establish the `Baxter Global Research Center', the third dedicated R&D centre

    -Acceptance of the control testing laboratory by the Department of Health & Human Services, FDA

    2014

    -Bristol-Myers Squibb and the Company extend collaboration for its dedicated R&D centre till 2020

    -Acceptance of the API manufacturing facility by the Department of Health & Human Services, FDA

    -Established a 75,000 sq.ft centre to provide stability and analytical services

    2015 -CIL was amalgamated with the Company Awards, Recognitions and Accreditations :

    2009 - Bangalore Bio, Bio Excellence Award - Biotech Services Sector - Best BioServices company of the year by Biospectrum

    2012 - ISO 9001:2008 for contract research in drug discovery and contract manufacturing of biopharmaceuticals - AAALAC accreditation for conforming to the "Guide for the Care and Use of Laboratory Animals and the Committee for the Purpose of Control and Supervision of Experiments on Animals guidelines"

    2013 - Bioservices - ABLE Tenth Anniversary Award - Outstanding contribution to Bioservices - Diamond sponsor recognition by the Association of Scientists of Indian Origin of the Society of Toxicology

    2014 - ISO 14001:2004 for contract research in drug discovery and contract manufacturing of biopharmaceuticals - BS OHSAS 18001:2007 for contract research in drug discovery and contract manufacturing of biopharmaceuticals - Silver EDGE Award - EHS best practices award by CII - SAP Ace Award for special recognition for complex SAP implementation - Level I Laboratory certification issued by the NGSP to Clinigene International Limited

    2015 - Accreditation by the College of American Pathologists in relation to their laboratory accreditation program - Bangalore India Bio - Bio Excellence Award for outstanding contribution to the Biotech services sector - ISO 15189:2007 in the field of medical testing

    2017 -Herbalife Nutrition Partners with Syngene to Establish Nutrition Research and Development Lab in India. -"Syngene International Announces Broadening of Research Collaboration with Amgen Inc." expands Dedicated R&D Center. -"Bristol-Myers Squibb and Syngene International Expand Ongoing Research Collaboration.".

    2018 -Syngene signs R&D agreement with GSK. -"Syngene International Expands Collaboration with Baxter". -Best Bioprocessing Excellence Award 2018. -Bio-Excellence Award 2018.

    2019 -"Syngene International wins CMO Leadership Awards presented by Life Science Leader Magazine". -India Pharma Award 2019. -Pharma and Chemical Manufacturing Category by National Safety Council of India (NSCI). Leadership Awards.

    2020 -Syngene ties up with HiMedia Laboratories to manufacture ELISA test kits for COVID-19. -Syngene joins global industry consortium to accelerate collaborative research in COVID-19 testing. -Syngene and PharmAust collaborate to manufacture GMP-grade Monepantel for Human Clinical Trials. -Bioprocessing Excellence Award 2020.

    2021 -Syngene receives India Pharma Awards 2021. -Syngene Ranked As One Of The Top 100 Indian Wealth Creators For 2021. -Syngene International extends long term research collaboration with Bristol Myers Squibb until 2030. -Syngene through Biocon Foundation partners with NIMHANS for BHUMI.

    2022 -Syngene International takes top honors at CMO Leadership Awards 2022 for contract manufacturing. -Syngene signs 10-year biologics manufacturing agreement with leading animal health company. -Syngene and the Research and Innovation Circle of Hyderabad (RICH) launch scholarship program for women studying STEM subjects.

    2023

    -Winner of India's Best Managed Companies 2023 programme -Supply Chain Champion Award, 2023 -Best Overall Sustainable Performance (Pharmaceutical) 2023 -Biopharma Excellence Award (India Edition) 2023 -Panbela announces issuance of new patent in Australia. Patent is for claims of a novel process for the production of SBP-101

    2024 -Syngene received Pharmaceutical Technology Excellence Awards 2024. -Syngene received Asia Pacific Biologics CMO Excellence Awards 2024. -Syngene awarded CDMO Leadership Awards 2024. -Syngene secures silver rating in EcoVadis sustainability index, ranking in top 15% of assessed companies. -Syngene launches platform for rapid, enhanced protein production. -Syngene International named as one of `India's Best Managed Companies by Deloitte India.

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