SABINSA
Corporation, a research oriented pharmaceutical
and nutraceutical marketing company, was founded
by Dr. Majeed in 1988. Although the transition
from a researcher to a marketing company was a
tremendous challenge, Dr. Majeed handled it successfully.
At present, this New Jersey based firm employs
over 60 people.
In 1991, Dr. Majeed set
up a research group at Bangalore, India called
SAMI Labs Ltd. The facility now has over 500
people working for the company. SAMI combines
manufacturing and global marketing of nutraceuticals
and fine chemicals with cutting edge research.
SAMI’s research based new
products picked up recognition from the Indian
Government as well. SAMI received the National
award for quality products from the PRESIDENT
OF INDIA in the area of Basic Drugs . Both QUALITY
and INNOVATION were the key components that
resulted in the award. In addition, SAMI pioneered
the research and marketing of a number of phytonutrients
based on Indian raw materials. SAMI was also
honored twice by the Spices Board of India,
receiving one award for developing a market
for Garcinia cambogia and the other for export
performance.
Dr. Majeed received awards from
several Indian American groups for his enterprising
work and progress. He also received the 1996
Entrepreneur of the year award by the National
Federation of Asian Americans.
In 1997, Sabinsa Corporation had
been ranked America’s 90th fastest growing
company by INC. Magazine. Sabinsa also ranked
7th in New Jersey among the fastest growing
Technology based companies (New Jersey Fast
50).
In early 1999, SAMI started a division
called Sami Spices based at Cochin, India to
promote procurement and marketing of spices.