Established in 1991 with the main objective of establishing commercially viable biotech processes for application in medicine, agriculture and industry, Krebshas been a pioneer in fermentation technology in India. Key dates for this relatively young company are:
2015
Entered into a strategic alliance with Ipca Labs
2011
Unit 1, Nellore is re-inspected by the USFDA and approved
2007
Unit 2, Vizag is inspected by EDQM and AFFSAPS (French Health Authority) and approved
2005
US Government bans over the counter sales of Anti asthmatics; Ephedrine and Pseudoephedrine resulting in greater product diversification
2003
Unit 1, Nellore is inspected by the USFDA and approved
Commissions 2.5MW cogeneration power plant at Unit 2 in Vizag
1999
Commissions KBIL’s Unit 2 plant in Vizag and starts commercial production of Anti Cholesterols: Lovastatin and Simvastatin
1994
Commissions KBIL’s Unit 1 plant in Nellore and starts commercial production of Anti asthmatics; Ephedrine and Pseudoephedrine
1992
Makes initial public offering and lists on major stock exchanges HSE and BSE
1991
Incorporated as a Public Limited Company by Founder and Chairman and Managing Director, Dr R T Ravi