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Rankem was started in year 1978 as a division of Ranbaxy Laboratories with the aim to service laboratory chemical requirements for Pharmaceutical Industries only.
RFCL (Formerly Ranbaxy Fine Chemicals Ltd) became a separate entity in 1997, to service the needs of scientific community in domestic as well as International Market. The transition from a laboratory chemical supplier to a Total Laboratory Solutions provider was initiated in 2001 with the coining of following mission Statement : "To become an efficient and reliable laboratory solutions provider for Quality Assurance, Research & Development and Manufacturing Processes."
RFCL (formerly Ranbaxy Fine Chemicals Limited), comprises of strategic business units, namely, (Total Scientific Laboratory Solutions) and Diagnova (in vitro Diagnostics)