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2006
Veritaz Healthcare Limited is an Indian pharmaceutical company with its headquarters in Hyderabad, Telangana, India. The company was founded by the acquisition of the brands of the company Citadel Aurobindo Biotech Limited in the year 2005 and is over ten years old. It is endorsed by the Aurobindo promoter group. Veritaz was incorporated on the 14th of September in the year 2006. Veritaz Healthcare Limited is registered in Hyderabad, Telangana. It is a wholly subsidiary of Trident Chemphar Limited which is under the RPR Enterprises. The company has roughly forty brands out of which Fepanil and Merogram are the major ones. The healthcare business and a few assets of Veritaz Healthcare Limited have been acquired by the multinational pharmaceutical company Aurobindo Pharma Limited which is based in HITEC City, Hyderabad. The acquisition has been made with the aim of expanding the domestic business of the company and is a deal made on debt-free cash free basis. The company was founded by P.V. Ram Prasad Reddy and Mr. K. Nityananda Reddy along with a group of other professionals in the year 1986. It started its operations from the year 1988 onwards and specializes in the areas of central nervous system, cardiovascular disorders, anti-retroviral, diabetology, gastroenterology and antibiotics. It is involved in the development, manufacture and sale of generic and branded specialty medicines as well as Active Pharmaceutical Ingredients. Sarath Chandra Reddy, who is the son of P.V. Ram Prasad Reddy, is posted at Aurobindo Pharma Limited as the non-executive director. Veritaz Healthcare Limited falls under the Group of Aurobindo Companies and has over nine hundred workers, majority of them being sales representatives.
The company specializes in the therapy areas of acute and critical care, anti-infective and pain-management and has a list of upcoming products which will mark its entry into the cardiovascular disorder, diabetology, orthopedic and gynecology therapy areas.
Veritaz Healthcare Limited has its manufacturing facilities located in India at Hyderabad in Telangana. The research and manufacturing facilities of the company work according to international standards and have received approval from various major international regulatory bodies. The company has a presence in domestic markets.
Some of the top products of the company include FEPANIL, TREONAM, LYSATONE-PLUS, DELCON, PRESSCLAV, DELBI, ACINIL-O, DELCON PLUS, LINTAZ, ANDIAL, PROXTL, MEROGRAM, FEPANIL-MEF, AXIFUR, NILGRAM, DELBI-O, VERISPORE, AXIFUR-H, PROXTL-CV, DELBI-CV, AMIVA, PRESSMOX, DELCON LS, HIVUS-LR, BRILIA, DELCON LM, CEFTRAX, CEFTRAX-SB, LEMTAZ, MEROGRAM-S, TIGIPRIME, FERCEL-XT, BIDEL, ETORIA, LIN-IV, FEPANIL-AS, KOACT, VERIAZ, ACINIL, INRAB-D, CEFTRAX-TZ, VERILAC, VERIBOND, VIRANZ, LORTINIL-TZ, FERCEL, CEFACTAM, RXMEF, TOPRAZ and LIN+VE.
Sarath Chandra Reddy
Sarath Chandra Reddy
The contact details of the company are:
Tel: 040 3003 4600