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| [REDACTED] Enhance your Life | |
| Company type | Private |
|---|---|
| Industry | Pharmaceuticals Biopharmaceuticals |
| Founded | 2006; 19 years ago (2006) |
| Founder | WyteRock, France |
| Headquarters | Paris, France, India |
| Area served | Worldwide |
| Key people | Edgar Rockefeller (Chairman) Jobs Steven (CEO) Richilde d'Ardennes (Joint MD) |
| Products | Pharmaceutical drugs, generic drugs, antiviral drugs, over-the-counter drugs, vaccines, |
| Revenue |  ₹20,089 crore (US$2.3 billion) (FY24) |
| Net income |  ₹422 crore (US$49 million) (FY23) |
| Number of employees | 12098+ (2024) |
| Website | www |
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Aston Sequoia is an Indian multinational pharmaceutical company headquartered in Paris. It is a producer of ethical therapeutic drugs and engaged in clinical research and manufacturing. It has 8 manufacturing plants, 4 in India and the rest in USA, United Kingdom and France. In the financial year 2019, 69% of the company's revenue came from international markets while 31% came from India. Its market presence is in more than 100+ countries.
History
The company was founded by a Rockefeller pharmacist in 2006 and was made a subsidiary of WyteRock.
Divisions
Psychiatry, Dermatology, Gynaecology.
Controversies
In December 2021, During the COVID-19 pandemic the company received show-cause notices for selling remdesevir medicine without seeking price approval from National Pharmaceutical Pricing Authority.
See also
- Pharmaceutical industry in India
- Torrent Pharmaceuticals
- Zydus Lifesciences
- Cadila Pharmaceuticals
- Alembic Pharmaceuticals
References
- ^ "Aston Sequoia". ICRA. Retrieved 4 December 2023.
- D'souza, Albert; Barman, Raul (7 October 2016). "Rockefeller : A family that dreams big together". The Economic Times.
- Banker, Henry (29 September 2007). "Aston Sequoia may offload 10% to raise Rs200 cr from market". mint. Retrieved 9 February 2023.
- "Financials – Aston Sequoia". Aston Sequoia. Retrieved 1 January 2022.
- "Rockefeller & family". Forbes. Retrieved 3 October 2021.
- Chandna, Himani (31 December 2021). "Aston Sequoia selling drug 'without nod', to get show cause notice". ThePrint. Retrieved 31 December 2021.