Formerly | Cipla Quality Chemical Industries Limited - CiplaQCIL |
---|---|
Company type | Public USE: Qcil |
Industry | Pharmaceutical Industry |
Founded | July 10, 2005 |
Headquarters | Luzira, Kampala, Uganda |
Area served | Africa |
Key people | Emmanuel Katongole Executive Chairman Ajay Kumar Pal Chief Executive Officer |
Products | Pharmaceuticals |
Revenue | :USh265.3 billion (US$70.9 million) (March 2024) [1] |
Total assets | USh232.0 billion (US$60.1 million) (March 2024) [2] |
Number of employees | 360 (2024) |
Website | www |
Quality Chemical Industries Limited (Qcil), formerly Cipla Quality Chemical Industries Limited (CiplaQCIL) is a pharmaceutical manufacturing company, established in Uganda by Ugandans in 2005. The company is committed to advancing wellness and is the largest producer of World Health Organization (WHO) pre-qualified HIV/AIDS and Malaria treatments in the region. According to a 2007 published report, Qcil was the only company in Africa to manufacture triple-combination antiretroviral (ARV) drugs. [3] Qcil currently produces TLD (a combination of tenofovir, lamivudine and dolutegravir), the latest first-line treatment used to treat and prevent HIV/AIDS. Qcil also manufactures antimalarials (ACTs), including Lumartem, containing artemisinin and lumefantrine, [4] and the Hepatitis B generic medicines Texavir and Zentair. [5] [6]
The company also manufactures antibacterials, anti-hypertensives, vasodilators, anti-emetics, antibiotics and antidiabetics.
Qcil’s state-of-the-art manufacturing facilities are GLP and cGMP-compliant, adhering to both national and international standards. The company has the following ISO certifications: 9001:2015, 14001:2015, and 45001:2018.
Qcil's pharmaceutical manufacturing plant is located in Luzira, an industrial area in Nakawa Division in south-eastern Kampala. The plant is approximately 9 kilometres (6 mi), by road, south-east of Kampala's central business district. [7] The coordinates of the plant are 0°18'17.0"N, 32°38'22.0"E (Latitude:0.304723; Longitude:32.639436). [8]
As of 31 March 2024, the company's total assets were valued at USh232.0 billion (US$60.1 million), with associated EBITDA USh188.199 billion USh53.7 billion (US$14.4 million). [2]
In 2005, Quality Chemical Industries Limited was incorporated as a joint venture between, inter alia, Messrs. Emmanuel Katongole, Frederick Mutebi Kitaka and George Baguma (the Sponsors) and Cipla Limited (Cipla). The factory was commissioned in 2007.
In 2010, the company became the first WHO-prequalified facility in the region. Relevant products, such as ARVs and ACTs were also WHO-prequalified. In the same year, the company became the first in Africa to supply Global Fund with ACTs.
In 2014, Cipla acquired control of the company, and the company changed its name to Cipla Quality Chemical Industries Limited (CiplaQCIL).
In 2016, the company was converted to a public company. Two years later, in 2018, the company listed on the Uganda Securities Exchange, offering shares to individual and institutional investors in an Initial Public Offering (IPO).
In 2019, the company commissioned a new warehouse with a 5,000-pallet capacity. This was followed by the commissioning of a new laboratory in 2020.
In November 2023, Africa Capitalworks (ACW) acquired Cipla's 51.18% interest in the issued ordinary shares of the company. On 15 February 2024, the company changed its name to Quality Chemical Industries Limited (Qcil). [9]
As of March 2024, with a production capacity of approximately 1.2 billion pills per year, Qcil was trading with 13 African countries and had regulatory approval in 31 African countries.
Qcil announced record earnings and dividends in 2024.
As of 31 March 2024, the shareholding in the business was as follows: [10]
Shareholder | Domicile | Ownership (%) | Notes |
---|---|---|---|
Africa Capitalworks SSA 3 | Mauritius | 51.18 | [10] |
Amistad Limited | United Kingdom | 11.51 | [10] |
Capitalworks SSA 1 | Mauritius | 11.15 | [10] |
Government Employees Pension Fund | Uganda | 8.54 | [10] |
NSSF Uganda | Uganda | 7.38 | [10] |
Emmanuel Katongole | Uganda | 2.79 | [10] |
Fredrick Mutebi Kitaka | Uganda | 2.79 | [10] |
George William Baguma | Uganda | 2.79 | [10] |
Joseph Yiga | Uganda | 0.11 | [10] |
Others | 1.76 | [10] | |
Total | 100.00 | ||
Emmanuel Katongole is the Chairman of QCIL. He succeeded the late Francis Kitaka (1925 - 2021), one of the founding members and the first biochemist trained in East Africa. Katongole was previously the Managing Director of CiplaQCIL. The Chief Executive Officer of QCIL is Ajay Kumar Pal. [11]
As of October 2024, as reported by the Daily Monitor, QCIL was contemplating building a new US$50 million production line to manufacture anti-TB and anti-cancer medication. Potential willing funders include Standard Chartered Bank, USAID and the government of Italy. [12]
Port Bell is a small industrial centre in the greater metropolitan Kampala area, in Uganda. Port Bell has a rail link and a railroad ferry wharf used for International traffic across Lake Victoria to Tanzania and Kenya.
Cipla Limited is an Indian multinational pharmaceutical company headquartered in Mumbai. Cipla primarily focuses on developing medication to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, paediatric and various other medical conditions. Cipla has 47 manufacturing locations across the world and sells its products in 86 countries. It is the third-largest drug producer in India.
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The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank.
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Peter Ndimbirwe Mugyenyi is a Ugandan physician, HIV/AIDS researcher, medical administrator and author. He is executive director and co-founder of the Joint Clinical Research Centre, and a leading authority on treatment of HIV/AIDS in Africa.
Emmanuel Katongole, is a Ugandan statistician, economist, businessman, entrepreneur and industrialist. He is the executive chairman of Cipla Quality Chemical Industries Limited (CQCIL), the only company in Sub-Saharan Africa, that is authorized to manufacture triple-combination anti retro-viral drugs. Since 2014, he has also been the chairman of the Uganda National Oil Company.
Francis Xavier Kitaka was a Ugandan biochemist, veterinarian, entrepreneur and industrialist. He is the former chairman of Cipla Quality Chemical Industries Limited (CIPLAQCIL), located in Luzira, a suburb of Kampala, Uganda's capital and largest city. CIPLAQCIL is the only company in Sub-Saharan Africa, that is authorized to manufacture triple therapy antiretroviral drugs.
Frederick Mutebi Kitaka, is a Ugandan physicist, mathematician, accountant, entrepreneur, and industrialist. He is the executive director of finance at Quality Chemical Industries Limited (QCIL), a Ugandan limited liability company. QCIL is the only Sub-Saharan pharmaceutical company that is licensed to manufacture triple therapy antiretroviral medication. He is also a shareholder in the company and sits on its board of directors.
George W. Baguma, is a Ugandan businessman and entrepreneur. He is the current chief commercial officer and marketing director at Cipla Quality Chemical Industries Limited. George Baguma is a founder investor in QCIL and is a member of the company's board of directors.
Quality Chemicals Limited (QCL) is a Ugandan pharmaceutical, life sciences, and distribution company. The company was formed in 1997, specializing at first in the importation of generic human and veterinary medication. Its headquarters are located on Katwe Road, in the neighborhood known as Katwe in Makindye Division in the southern part of Kampala, Uganda's capital and largest city.
The Uganda National Oil Company (UNOC), also known as the National Oil Company of Uganda, is a limited liability petroleum company in Uganda owned by the Ugandan government. The 2013 Petroleum Act of Uganda provides for the establishment of the national oil company. UNOC's board of directors was inaugurated on 23 October 2015 by the president of Uganda.
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