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Pliva company history timeline

1980

Since the 1980 year Lachema Brno was ranked among the leading pharmaceutical companies in Czechoslovakia.

PLIVA researchers patented a new fast-acting macrolide antibiotic dubbed Azithromycin in 1980.

1986

United States-based Pfizer began licensing production of the drug for sale in Europe and the United States in 1986, where it became a bestseller under the name Zithromax.

1991

PLIVA's longtime president and CEO Zeljko Covic left the company for two years beginning in 1991.

1994

Revenues were $300 million in 1994, with more than 40 percent from exports.

1995

Revenues were about $400 million in 1995.

1997

Sales to Russia more than doubled in 1997.

1998

The Croatian government sold off the last of its directly owned, 14 percent shareholding in 1998.

2000

In 2000, worldwide azithromycin sales accounted for nearly a quarter, or HRK 854 million ($107 million), of PLIVA's total revenues.

2002

Sobel Holdings, Inc., PLIVA's first United States purchase, was acquired in June 2002 for $212 million.

Designed by British architectural firm Sheppard Robson, it opened in 2002.

2004

PLIVA adopted a new, streamlined organizational structure in January 2004.

Revenues rose 5 percent to $1.1 billion (HRK 6.8 billion) in 2004.

2006

In 2006 Pliva became part of the United States generic pharmaceutical company Barr Pharmaceuticals.

2008

Finally, in 2008, Barr was acquired by Teva and Lachema was subsequently shut down.

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Founded
1979
Company founded
Headquarters
East Hanover, NJ
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Catalent Pharma Solutions2007$4.4B14,000330
DPT Laboratories1938$320.0M5107
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AGC Biologics-$9.8M2,151-
Renaissance Pharma2000$10.0M74
Tris Pharma2000$102.0M20013

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