Elder Pharmaceuticals Ltd was a pharmaceutical company headquartered in Mumbai, Maharashtra.[7][8] Its main activities included the manufacturing and marketing of prescription pharmaceutical brands, surgical and medical devices. It had 6 manufacturing plants in India & 1 in Nepal. It manufactured various dosage forms like tablets, capsules, syrups, injectables, topical creams and ointments.[9]
History
In 1989, Jagdish Saxena formed Elder Pharmaceuticals in Mumbai when he lost his job due to the shut down of the pharma division of a company for which he was working. The first manufacturing plant was set up in 1989 at Nerul. It was listed on Bombay Stock Exchange and National Stock Exchange in 2000.[10]