Drug Houses of Australia

Drug Houses of Australia
Type
IndustryPharmaceutical manufacture
Predecessors
Founded1936 (1936) in Australia
Founders
FateTakeover; subsequent trade sale
SuccessorSlater Walker (1970)
ParentStrides Arcolab (since 2006)

Drug Houses of Australia was an Australian public company established in 1936 as an amalgamation of seven Australian pharmaceutical companies, including Felton Grimwade & Co and A. M. Bickford & Sons. In 1970, DHA was taken over by the British bank Slater Walker.[1][2][3]

In September 2006, the Australian company was sold to Strides Arcolab through a share purchase agreement with Haw Par Healthcare Limited, Singapore, for approximately SGD$19.7 million. Drug Houses of Australia (Asia) Pte Ltd is now a leading manufacturer of generic pharmaceutics and Chinese proprietary medicine (CPM) based in Jurong, Singapore; and is a subsidiary of Strides Arcolab that is listed on both the Bombay and National stock exchanges in India.

References

  1. ↑ "Bickford's". SA Memory, State Library of South Australia.
  2. ↑ Poynter, J. R. (2006) [1983]. "Grimwade, Edward Norton (1866–1945)". Australian Dictionary of Biography. Vol. 9. National Centre of Biography, Australian National University. ISBN 978-0-522-84459-7. ISSN 1833-7538. OCLC 70677943. Retrieved 12 August 2026.
  3. ↑ Poynter, J. R. (2006) [1996]. "Grimwade, Geoffrey Holt (1902–1961)". Australian Dictionary of Biography. Vol. 14. National Centre of Biography, Australian National University. ISBN 978-0-522-84459-7. ISSN 1833-7538. OCLC 70677943. Retrieved 12 August 2026.