USV (company)

Last updated

USV Private Limited
Type Private
Industry Pharmaceuticals
Founded1961;62 years ago (1961)
Founder Vithal Balkrishna Gandhi
Headquarters,
India
Key people
Leena Tewari (Chairperson) Prashant Tewari (Managing Director)
Products Pharmaceutical drugs, generic drugs, antiviral drugs, over-the-counter drugs [1]
RevenueIncrease2.svg3,894 crore (US$490 million) (FY22) [2]
Increase2.svg1,078 crore (US$140 million) (FY22) [2]
Number of employees
5000
Website www.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]

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References

  1. "API List: Active Parmaceutical Ingredients, Api pharma, USVIndia". www.usvindia.com. Retrieved 31 December 2020.
  2. 1 2 "USV Private limited". CRISIL. Retrieved 3 December 2023.
  3. 1 2 "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".