Company History
2024
On June 24, 2024, Taro became a private company and a wholly-owned subsidiary of Sun Pharma and its shares ceased to trade on the NYSE.
2022
Taro Completes Acquisition of Alchemee.
2012
Taro Pharmaceutical Industries Ltd. announced that it has been authorized for listing on the New York Stock Exchange (NYSE). The Company's ordinary shares began trading on March 22, 2012, under the symbol “TARO.”
2010
Sun Pharma acquired a controlling interest in Taro in September 2010.
2003
The TaroPharma branded division is established to promote proprietary prescription and over-the-counter products in the U.S. and Canada.
1999
Warfarin Sodium Tablets, the generic form of Coumadin®, are approved for sale in the U.S. and later in Canada (2000) and the UK (2002). Taro manufactures its own Warfarin API.
1991
Taro makes a commitment to a research-based business model, with the goal of generating a stream of new product approvals through investment in its own R&D programs.
1988
Taro enters the U.S. market with its first FDA-approved topical product.
1984
Taro established topical product operations in Brampton, allowing entry into the North American generic pharmaceutical market.
1982
Taro shares are listed on The Nasdaq Stock Market. The Company’s total market capitalization is under $5 million.
1961
Taro becomes a public company through a 1961 Initial Public Offering (IPO)
1960
Taro launches a chemical synthesis program to produce API’s from raw chemicals, allowing the company to manufacture both the API and finished dosage form for many of its key medications to tightly control quality and consistency of supply.
1957
Taro acquires the rights to the Coumadin®* in Israel.
1950
Taro Pharmaceutical Industries Ltd was established in Israel to develop pharmaceutical products.
* In Canada, Coumadin is a trademark of the Bristol-Myers Squibb Company.