USV (company)

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USV Private Limited
Company typePrivate
IndustryPharmaceuticals
Founded1961; 63 years ago (1961)
FounderVithal Balkrishna Gandhi
Headquarters,
India
Key people
Leena Tewari (Chairperson) Prashant Tewari (Managing Director)
ProductsPharmaceutical drugs, generic drugs, antiviral drugs, over-the-counter drugs[1]
RevenueIncrease 3,894 crore (US$490 million) (FY22)[2]
Increase 1,078 crore (US$140 million) (FY22)[2]
Number of employees
5000
Websitewww.usvindia.com

USV Private Limited (formerly USV Limited) is an Indian multinational pharmaceutical and biotechnology company in Mumbai.[3] The company operates across 75 countries globally,[4] and is a leading producer of Metformin in India.[5]

The company was founded by Vithal Balkrishna Gandhi. Leena Tewari, his granddaughter, is the chairperson of the company,[6] and Prashant Tewari is the managing director.[7]

The company is focused on the development of small-molecule active pharmaceutical ingredients along with custom research services for drug development.[3]

USV is also the producer and retailer of Sebamed products in India.[8][9] It is also the marketer of some of Fujix Corp's products in all global markets outside Japan and United States.[10]

References

  1. ^ "API List: Active Parmaceutical Ingredients, Api pharma, USVIndia". www.usvindia.com. Retrieved 31 December 2020.
  2. ^ a b "USV Private limited". CRISIL. Retrieved 3 December 2023.
  3. ^ a b "USV Limited: Private Company Information – Businessweek". www.bloomberg.com. Retrieved 14 May 2016.
  4. ^ "Uniquely Positioned". www.usvindia.com. Retrieved 31 December 2020.
  5. ^ "India's top-10 selling drugs dominated by diabetes products". www.thepharmaletter.com. Retrieved 31 December 2020.
  6. ^ "Beyond Pipes and Dreams – by Mrs. Leena Gandhi Tewari, an Inspirational Worth Reading Life Story of Vithal Balkrishna Gandhi". The Free Press Journal. 16 July 2013. Retrieved 30 January 2019.
  7. ^ "Prashant Tewari, Usv Pvt Ltd: Profile and Biography – Bloomberg Markets". www.bloomberg.com. Retrieved 31 December 2020.
  8. ^ "German skincare brand Sebamed cuts prices, to use sachets for Indian market". 20 February 2022.
  9. ^ Vyas, Maulik (17 June 2022). "HUL, Wipro Enterprises get HC relief in ad spat with Sebamed distributor". The Economic Times.
  10. ^ "USV to take Fujix cures worldwide".