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Report No. : |
312059 |
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Report Date : |
16.03.2015 |
IDENTIFICATION DETAILS
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Name : |
APOTEX PHARMACHEM INC. |
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Registered Office : |
34 Spalding Drive, Branford, Ontario N3T 6B8 |
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Country : |
Canada |
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Year of Establishment : |
1974 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject is engages in the research and development, and manufacture of
active pharmaceutical ingredients. |
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No. of Employee : |
400 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
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Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
CANADA - ECONOMIC OVERVIEW
As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase in trade and economic integration with the US, its principal trading partner. Canada enjoys a substantial trade surplus with the US, which absorbs about three-fourths of Canadian merchandise exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power. Given its abundant natural resources, highly skilled labor force, and modern capital plant, Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010-13 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly expanding, because Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada now ranks third in the world in proved oil reserves behind Saudi Arabia and Venezuela.
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Source
: CIA |
APOTEX PHARMACHEM
INC.
Address: 34 Spalding Drive, Branford, Ontario
N3T 6B8 - Canada
Telephone: +1
519-756-8942
Fax: +1
519-753-3051
Website: www.apotexpharmachem.com
Corporate ID#: ON-001278004
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: February
1, 1998
Date founded: 1974
Stock: -
Value: -
Name of manager: Kashava
MURTHY
Business:
Apotex Pharmachem, Inc. engages in the research and development, and manufacture
of active pharmaceutical ingredients.
It offers products in various categories, such as anti-bacterial,
anti-diabetics, anti-viral, cancer, cardiovascular, CNS, gastrointestinal,
ophthalmic, osteological, pain/inflammation, psychotherapeutic, respiratory,
urological, and others.
Apotex Pharmachem, Inc. was formerly known as Brantford Chemicals, Inc.
The company was founded in 1974 and is based in Brantford, Canada with
facilities in Canada, India, Mexico, and China.
Apotex Pharmachem, Inc. operates as a subsidiary of Apotex Holdings Inc.
No name of foreign suppliers available.
The Company exports to South and Central America.
Staff: 400
Operations & branches:
At the headquarters, we
find a large warehouse and office, owned.
APTEX HOLDINGS INC.
150 Signet Drive
North York, Ontario M9L 1T9
- Canada
Dr. Keshava MURTHY, Ph.D serves as the President of Apotex Pharmachem
Inc.
He served as Vice President of Hardware Engineering at Monsoon Multimedia,
Inc. He has 21 years of working experience at Indian Telephone, Cisco and
Motorola. He serves as Independent Director of KmX Membrane Technologies Corp.
He holds an MS from KREC, Karnataka.
Jim BERHALTER serves as Vice President of Finance & Administration
at Apotex Pharmachem, Inc.
Subsidiaries and
partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report.
Sales declared for year
2014 is in the range of CAD 60,000,000+
The business is profitable.
HSBC Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None