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     Annual Report 2004





Ranbaxy’s mission is to become a Research-based International Pharmaceutical Company, committed to constantly pushing new frontiers of knowledge in pursuit of new horizons of science.

Ranbaxy, India’s largest pharmaceutical Company and one of the Top 10 generic pharma players worldwide, is also one of the largest ANDA (Abbreviated New Drug Application) filers with the US FDA. USA is the world’s most developed pharmaceutical market and the largest market for Ranbaxy. The Company continues to forecast global sales of US$ 5 Bn in 2012.

Ranbaxy is committed to increase its R&D spend of over 7% of US$ 1 Bn in 2004, to around 10% of its targeted turnover of US$ 2 Bn by 2007. With a state-of-the-art fully operational R&D center housing close to 1000 scientists in three blocks, and a fourth underway, Ranbaxy is fortifying its capabilities in drug discovery, on course towards destination discovery.


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