Fazal Din Group
From Wikipedia, the free encyclopedia
Fazal Din's Group is a group of family owned concerns with a joint turnover of over 25 million USD, with approximately 1200 Employees. The activities of the Group are entirely in the Healthcare field covering a Chain of Pharmacies, Marketing of Healthcare Devices, Electro-medical Equipment, Manufacturing of IV Solution & Pharmaceutical Preparations and joint venture participation in the production of Pharmaceutical Preparations.
Contents |
[edit] Fazal Din Group Timeline
[edit] 1948
Fazal Din & Sons is establish as a retail pharmacy on the Mall in Lahore. Starting with only five sales men, today it is one of largest retail pharmacies in the country. Today Fazal Din & Sons employs more than 500 persons and are importers retailers, supplier to government and private hospitals and distributors.
[edit] 1953
Lahore Chemical and Pharmaceutical Works is established on the canal bank in Lahore and starts production the same year. It enters into technical collaboration with Howards of Ilford and Stafford Allen & Sons to manufacture their specialties.
[edit] 1961
A brand new factory is established on Ferozpur Road with the help of Foreign Consultants. By 1965 the total production of Lahore Chemical & Pharmaceutical Works in Shifted to this factory. Over the years it enters into technical collaboration with Schering, Vifor, Zyma, Mead Johnson, Bristol Myers, Wampoles, Stiefel, Winthrop, Sterling Drug, Helene Curtis and Elizabeth Arden. It becomes the first plant to manufacture infusions in Pakistan in 1970.
[edit] 1979
Another new company namely Medequips in born as a result of collaboration between Toshiba and the Fazal Din's Group. This company is now one of the largest suppliers of electro medical equipment in Pakistan and is known for its customer service and support.
[edit] 1982
Medipharm Ltd. is born and is a result of joint venture between the Fazal Din's Group and Schering AG, Berlin. This is a manufacturing unit located Lahore. This is a subsidiary of Fazal Din & Sons (Pvt) Ltd in which Schering AG Berlin has a minority shareholding. Mumtaz A. Sheikh is the first chairman of this company.
[edit] 2007
as Bayer AG, acquired SCHERING AG, worldwide. Schering's products in Pakistan were registered in the name of Medipharm (Pvt) Limited - a joint venture between Fazal Din Group and SCHERING AG, so Bayer has also acquired total control of Medipharm. Now Bayer Healthcare Pakistan and Bayer Pakistan Private Limited owns Medipharm
[edit] 1990
Lahore Chemical & Pharmaceutical Works (Pvt.) Ltd. expands further when a state of the art plant is established in Lahore adjacent to the Medipharm plant to manufacturer infusions exclusively. This is the largest plant of its kind in Pakistan.
[edit] 2002
Howards Herbals is born, in order to expand in to the field of herbal medicines and also keeping up with new "Natural" trend, this was the only direction to venture in to. Currently a complete line of cosmetics are on offer which are being manufactured in Colombo and are being marketing under the name of "Janet Ayurveda". We are currently also looking into the manufacturing of "Natural" herbal preparations for all sorts of personal improvements.
The Group has offices in Karachi, Lahore, Islamabad and Peshawar and has an annual turnover of more than Rs. 1 Billion and employs more than 1200 persons. The head office of the group is located in Lahore. Today the Group is being run by the third and fourth generation of Fazal Din's.

