Top 10 Pharmaceuticals Companies In India: Globally, India ranks 3rd in terms of volume and 14th in terms of value. According to Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, the total turnover of India’s pharmaceuticals industry between 2008 and September 2009 was US$21.04 billion. Hyderabad, Mumbai, Bangalore and Ahmedabad are the major pharmaceutical hubs of India. While the domestic market is worth US$13.8 billion as of 2013, and is expected to reach US$49 billion by 2020.
According to the facts, It is quite clear how fast pharmaceuticals companies of India are growing. There are many Pharmaceuticals in India, which are making their mark in global market, But today we would discuss the top ten pharmaceuticals companies in India.
1. SUN PHARMACEUTICAL INDUSTRIES LTD
Sun Pharmaceuticals was established by Mr. Dilip Shanghvi in the year of 1983 in Vapi. Then it only used to offer five products to treat psychiatry ailments. Later in 1987 it expanded its product line depth by offering Cardiology products followed by gastroenterology products in 1989. Today it is the largest company in India that provides chronic prescription medicines and a market leader in psychiatry, neurology, cardiology, orthopedics, ophthalmology, gastroenterology andnephrology.
2. LUPIN PHARMACEUTICALS, Inc
Lupin Pharmaceuticals, Inc. is a wholly owned subsidiary of Lupin Limited U.S. It’s sales and marketing headquarters is located in Baltimore, MD. It has a remarkable presence in the areas of acute diabetes, anti-inflammatory and respiratory therapies .It has been growing as the fastest generic pharmaceutical giant in the two largest pharma markets of the world – the United States and Japan; and is the 4th largest and the fastest growing generic pharmaceutical player in South Africa. Lupin’s research program is typically designed to cover the entire pharma value chain. The company’s global R&D program is headquartered in the Lupin Research Park located near Pune that houses over 1400 scientists.
3. DR. REDDY’S LABORATORIES LTD
Dr. Reddy’s Laboratories, is an Indian multinational pharmaceutical company head-quartered in Hyderabad, India. Dr. Reddy’s began as a large supplier to drug and chemical manufacturers of India. But it soon expanded its scale of operation by starting export to other markets which are less-regulated to gain approval from drug licensing bodies such as the U.S. Food and Drug Administration (FDA). By 2007, Dr. Reddy’s had six plants producing active pharmaceutical ingredients in India which had FDA approval and seven ISO 9001 (quality) and ISO 14001 (environmental management) certified plants making patient-ready medications, which was inspected by FDA – five of them in India and two in the UK.
Cipla is a globally recognized Indian pharmaceutical giant. It ensures to provide patients with access to high quality, affordable and effective medicine and support. Cipla’s mission is to expand their presence as a healthcare company globally, which uses high end technology and innovation to meet daily needs of all patients. It was incorporated in the year of 1935. Headquartered at Mumbai,India ,with an employee base of 20000+ Cipla take care of its continuous innovation in R &D with 30+ world firsts. Its product portfolio includes over 1,500 world class products across various therapeutic segments, with more than sixty dosage forms.
5. AUROBINDO PHARMA
Founded in 1986 by Mr. P.V. Ramaprasad Reddy, Mr. K. Nityananda Reddy and a small group of highly active and talented medical professionals, Aurobindo Pharma was started out off a vision, A vision that promise to touch million lives through their large scale of operation.The company began its operations in 1988-89 with only a single unit manufacturing Semi-Synthetic Penicillin (SSP) at Pondicherry, India. Aurobindo Pharma went public in 1992 and listed its shares in the Indian stock exchanges in 1995. In addition to being the market leader in Semi-Synthetic Penicillins, it has a strong foothold in key therapeutic categories such as neurosciences, cardiovascular, anti-retrovirals, anti-diabetics, gastroenterology and cephalosporins, etc..
6. CADILA PHARMACEUTICALS
Cadila Pharmaceuticals Ltd. ,headquartered at Ahmedabad, in the State of Gujarat, is one of the largest private pharmaceutical companies in India, that is serving this nation and other countries through their life saving drugs and formulations. At Cadila Pharmaceuticals, Research and Development is the primary focus of all its initiatives, be it Biotechnology, APIs, Formulations, Plant Tissue Culture or Phytochemistry. The company has strong presence in the Pan African continent through its formulation manufacturing facility at Addis Ababa in Ethiopia, and in southern part of AFRICA.
7. GLAXOSMITHKLINE PHARMACEUTICALS LTD
GlaxoSmithKline Pharmaceuticals Ltd. (GSK Rx India) is one of the oldest and renowned pharmaceuticals company which was established in the year 1924 in India. With wide array of opportunities in India gradually opening up for pharma companies, GSK India is strategically aligning itself with the mother company through cutting edge information technology tools in areas such as clinical data management, clinical trials, sourcing raw material, global pack management, and support for business processes including analytics.
8. TORRENT PHARMACEUTICALS LTD
Torrent Pharmaceuticals Ltd. is the flagship company of the Torrent Group, head-quartered in Ahmedabad. It is one of the leading drugs and chemicals manufacturer and pharmaceutical innovators of India. it was founded by U. N. Mehta as Trinity Laboratories Ltd. and was later name changed to Torrent Pharmaceuticals Ltd., which is its current name. In last few years it has significantly expanded its scale of operations, and has made its place in the top pharma giants list.
Wockhardt, headquartered in Mumbai, India, is a truly global pharmaceutical organisation, which is representing our nation on global medicinal platform. Wockhardt was established by Habil Khorakiwala in the first half of 1960s.Later in the year of 1959 his father Fakhruddin acquired famous Worli Chemical Works . Wockhardt works with global partners to in-license biochemical products in India and out-license products into other targeted regions by capitalising on these collaborative strengths to capture and penetrate new markets.
10. IPCA LABORATORIES
Ipca Laboratories is an Indian pharmaceutical company with multinational operation, head-quartered in Mumbai, India. IPCA is investing heavily in their R&D and operations to capture a large pie of the chronic disease medicine market. Their pool of scientists of extreme calibre pushing them forward with ever evolving innovations. Ipca manufactures over 350 formulations in virtually every dosage form: oral solids and liquids, dry powders for suspension, and injectables (liquid and dry). Their renowned products are Zerodol, Lariago, Perinorm, Etova, Folitrax, Malirid etc.
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