What it Does: Alkem Laboratories is a medicine manufacturing company that produces generic medicines and nutraceuticals. It has a strong R&D department which has led to the growth and success of the company over the years.
Mission: To provide healthcare solutions to people so that they not only live but enjoy their lives to the fullest.
Size and Presence: Alkem Laboratories have a worldwide presence with operations in more than 50 countries with around 17,000 employees, 6 R&D centres and 20 manufacturing units.
Best Known For: Alkem Laboratories are best known for their healthcare solutions which are supported by cutting-edge technology and continuous innovation. They are known to provide the best-in-class medicines with top efficacy.
The Good Bits: Alkem provides a good work culture and great learning opportunities. It is a great place to start a career and progress.
The Not So Good Bits: Increments are low and the training of employees needs to be calibrated according to the demand of the market.
Alkem Laboratories was established in Patna, Bihar in 1973 by its founder Late. Mr Samprada Singh. It was registered under the Companies Act 1956 and went on to become a public limited company in 1988 which was fast. At first, its office was situated in Exhibition Road in Patna and later on it shifted to Senapati Bapat Marg, Mumbai. Over the years, Alkem Laboratories established its manufacturing facilities in Maharashtra, Gujarat, Sikkim and Himachal Pradesh.
Alkem going with a progressive feat registered numerous brands in India and the United States which proved to be the turning point in the financial growth of the company. Alkem Laboratories also acquired a number of small pharmaceutical companies such as Pharmacor, PharmaNetwork, Ascend Laboratories, Enzene Bio Sciences etc. Alkem Laboratories was the first Indian pharma company to reach the figure of 1,000 million in sales in the domestic market.
Alkem Laboratories endorse the culture of entrepreneurship and agility in different levels of careers. Since Alkem has grown rapidly since its inception, people have got ample opportunities to alleviate their careers and learn to tackle challenges. Alkem has helped people to build careers in diverse segments of the pharma domain by developing professional capabilities in diverse geographies.
Alkem Corporate features enable the company to achieve continuous, rapid growth while also bringing a collaborative element to the company’s efforts to create a healthier world. Alkem also manages procedures, investments, and budgets, develops innovative and effective solutions, and gives guidance to businesses. Alkem employees aren't just subject matter experts; they are also passionate about healthcare and how they can promote well-being. They help opportunities become reality.
The recruitment process of Alkem Laboratories includes Group Discussion and Face-to-face rounds after which an HR Interview is taken.
The average annual salary of a fresh graduate at Alkem Laboratories is INR 5,50,000.
Alkem Foundation helps remedial schooling for the deprived sections of society. In a collaboration with its NGO partners, Alkem runs the lessons for youngsters residing in slums in Dharavi, Mumbai and tribal regions of West Bengal and Indore. Alkem has built and changed numerous Angandwadi Centres into Modern Anganwadi Centres in Daman. This is carried out in partnership with authorities as a part of the incorporated baby improvement offerings application to fight baby starvation and malnutrition.