Venus Remedies wins QC-100 TQM award from Geneva

India Infoline News Service | Mumbai |

59 countries from around the globe participated in different categories in these awards and Venus is the only pharmaceutical company from India to have won this prestigious award.

Venus Remedies Limited, a leading research based pharmaceutical company, bagged a prestigious international award QC-100 TQM (Total Quality Management) in Gold Category in recognition of commitment to Quality, System efficiency, Leadership, Technology and Innovation. The awards were given by Business Initiative Directions (BID) International Quality Convention 2011 held in Geneva. 59 countries from around the globe participated in different categories in these awards and Venus is the only pharmaceutical company from India to have won this prestigious award. 
Dr. Gilbert Wenzel, a member of the Venus Board, received the CQE (Century International Quality Era) award on behalf of the company in the B.I.D. (Business Initiative Directions) Century Internal Quality ERA convention held in Geneva on March 7, 2011. Dr. Wenzel said “We are proud of receiving such prestigious award, which VENUS  receives in recognition of its investments in world class manufacturing facilities in Panchkula, Baddi and Werne/Germany, its achievements in research and development in the area on innovative injectables and its total quality orientation throughout the organization, which has already led to the certification from Health Authorities from around the globe, including the EU, Saudi Arabia, Ukraine, South Africa and countries from Latin America. .”
“We will continue on our path to excellence, responsibility and achievement and will not rest in our efforts in expanding VENUS's global footprint, building a world class portfolio of innovative products and further attracting, developing and retaining the best and most motivated talents. added Dr. Wenzel.
While presenting the award, President  & C.E.O., B.I.D., Jose E. Prieto said, “Venus Remedies Limited is recognised for commitment to Quality leadership, Technology and Innovation making it a model for other sectors. Venus represents the success for India in the Business world.”
Business Initiative Directions Awards presented by European foundation are presently being utilised by companies in 178 countries to create a firm ground for the implementation of integral quality process through the technology and procedures of the QC 100 model of Total Quality Management.
B.I.D. Carries out continuous polls among companies who votes for the best companies. The international Business Initiative Directions awardees are evaluated on the basis of meeting the criteria of the QC 100 TQM (Total Quality Management,) the contents of which serve as guidelines to business leaders to improve process and systems. Basic steps to successfully implement the TQM program in companies are: Quality-driven organisation, Customer-minded approach, Job satisfaction, Technological Renewal, System efficiency, Leadership in society, Concentration on the most profitable area of business.
Dr. Manu Chaudhary, Joint Managing Director, Venus Remedies Limited said that Business Initiative Directions is a pioneer in standardisation of Quality in Business, communication, creativity guidelines for the company team to share common criteria in the work place. This has led the company to the development of one of the most concise, modern TQM models with guidelines for quality management and its introduction all over the world. She added,” This award is a fruit of consistent quality through continuous improvements, self development software like ERP systems, Self trainings, innovative products through research and dedicated customer satisfaction since 20 years.” Venus is on its way to become a globally admired pharmaceutical company to become a role model for health care industries in India and abroad.

BSE 93.65 [2.80] ([2.90]%)
NSE 93.95 [2.60] ([2.69]%)

***Note: This is a NSE Chart



  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.