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Generic Health

OVERALL

Owned
IND
Rating
Criticism, some praise

Pharmaceuticals supplier

Established in 2004. India's Lupin upped its stake to 57% in 2010, and 91% in 2013. Acquired the worldwide marketing rights to the over 100 year old Australian brand Goanna in 2011.

Company Ownership

Generic Health Pty Ltd   AUS     website   email      
  Lupin Ltd   
   owns 91% of Generic Health Pty Ltd  
IND     website   email      

Pharmaceutical manufacturer

Founded in 1968, today Lupin is India's second largest pharmaceuticals company, and the 14th largest generic pharmaceutical company in the world. Products sold in 70 countries.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Generic Health Pty Ltd
Business Ethics Corporate responsibility claims
This company has Corporate Responsibility claims on its website in the areas of reducing their environmental impact and supporting community based projects.
Source: company website (2014)
Lupin Ltd
Business Ethics 11/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 11/100 in the Pharmaceuticals category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2019)
Business Ethics Anticompetitive behaviour
The European Commission imposed fines totalling 427.7m Euros on the French pharmaceutical company Servier and five producers of generic medicines, including Lupin Ltd, for concluding a series of deals aimed at protecting Servier's best selling blood pressure medicine, perindopril, from price competition by generics in the European Union. Lupin Ltd was fined 40m euros. [Listed under Information due to age of court finding]
Source: European Commission (2014)
Business Ethics Lupin Foundation
The Lupin Human Welfare & Research Foundation (LHWRF) was set up in 1988 with the stated mission "to provide an alternative model of rural development which is sustainable, replicable and ever evolving essentially empowering under privileged and marginalized sections of society and providing basic infrastructure and balanced ecological base to the villages."
Source: company website (2014)

> About the Icons

Company Details

Type Subsidiary
Revenue $30 million in 2014

Contact Details

Address Level 1 East, 1100-1102 Toorak Rd, Camberwell, VIC, 3124, Australia
Phone 03 9809 7900
Fax 03 9809 7999
Email info@generichealth.com.au
Website www.generichealth.com.au

Products / Brands

Generic Health
Goanna Medicinal Oils
Goanna Topical Pain Relief


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