The pharmaceutical business discovers, develops, produces, and markets medicine or pharmaceutical medicine to be used as medications to be administered to patients, with the aim to cure them, inoculate them, or alleviate symptoms.
Pharmaceutical companies might deal in general or complete medications and medical implements. They’re subject to a spread of laws and laws that govern the patenting, testing, safety, efficaciousness and promotion of medication.
India is the world’s third largest supplier of generic medicines by volume, with a two hundredth share of total world pharmaceutical exports. It’s conjointly the biggest immunizing agent provider within the world by volume, accounting for over five hundredth of all vaccines factory-made within the world. With business standards compliant mega production capabilities and an outsized variety of competent domestic men, Indian exports meet the standards and necessities of extremely regulated markets of USA, UK and many more.
Top 8 Best Pharmaceutical Companies in India
Sun Pharmaceutical Industries:
- Founded: 1983
- Owner: Dilip Shanghvi
- Headquarters: Goregaon, Mumbai
Sun Pharma is the largest Indian pharmaceutical company in the US and is surrounded by the leading Indian pharmaceutical companies in arising markets. The company manufactures and markets a large basket of pharmaceutical formulations covering a broad spectrum of chronic and acute therapies..The company has a global presence with 43 manufacturing facilities across the world. India and the US are two predominant markets accounting for nearly 70% of the company’s revenue.
- Founded: 1983
- Headquarters: Pune
- Owner: Satish Ramanlal Mehta
The company has a global presence with 43 manufacturing facilities across the world. India and the US are two predominant markets accounting for nearly 70% of the company’s revenue. . Namita Thapar is an MBA degree holder from the Fuqua School of Business along with being a CA from ICAI. Emcure Pharmaceuticals began as a sole manufacturing facility in Pune and has witnessed healthy growth all over the years, now boasting a variety of world-class manufacturing facilities spread across API, formulations, and biotechnology. Emcure is well known as a vertically integrated pharmaceutical company with praiseworthy infrastructure, skills, and resources that are not only comparable to the best pharma companies in Mumbai, India but those that are considered as the best in the world.
Abbott India Ltd.:
- Founded: 1944
- Headquarters: Mumbai
- Owner: Abbott Laboratories
Abbott India Ltd is one of the biggest MNC pharma companies operating in India. It is a subsidiary of Abbott Laboratories of the USA. Abbott Laboratories held 75% stake in Abbott India..Abbott India Limited is an India-based company that is engaged in the pharmaceuticals business. The Company has a portfolio of offerings in diagnostics, medical devices, nutrition products and branded generic medicines. Abbott India Ltd provides products and solutions across numerous therapeutic areas, including women’s health, gastroenterology, central nervous system, metabolics, multi-specialty, vaccines and consumer health,and many more.
Mankind Pharma Limited:
- Founded: 1995
- Headquarters: New Delhi
- Owner: R. C. Juneja and Rajeev Juneja
Mankind Pharma is one of India’s fastest-developing pharmaceutical manufacturers, presenting over 1,000 products in 17 therapeutic areas. As part of its creativity to ensure that people from all sections of society have way in to affordable, best-quality medicines, the company has expanded its footprint into 34 international markets, inclusive of countries in North America, Africa and Asia.The company has a revenue of approximately US$1 billion in 2020and is the 10th Indian largest pharma company.
Apollo Hospitals Enterprise Ltd.:
- Founded: 1987
- Owner: Prathap C. Reddy
- Headquarters: Chennai ,TamilNadu,India
Apollo Pharmacy was started in 1987. It has over 4000+ outlets in over 21 states.Apollo Pharmacy is India’s first and biggest branded retail chemist chain with 3100+ stores covering 400+ cities in 20 states and 4 union territories. Apollo Pharmacy offers absolute medicines round-the-clock through their 24-hour pharmacies.
Dr. Reddy’s Laboratories:
- Founded: 1984
- Owner: Dr. Kallam Anji Reddy
- Headquarters: Hyderabad
Dr. Reddy’s Laboratories is an integrated pharmaceutical company. The Company operates in three sections: Global Generics segment, which contains its prescription and over-the-counter (OTC) drug products business; Pharmaceutical Services and Active Ingredients (PSAI) segment, which contains of its active pharmaceutical ingredients (API) business and custom pharmaceutical services (CPS) business, and Proprietary Products segment, which contains of DRL’s new chemical entities (NCEs) business, its distinguished Formulations business and its dermatology focused specialty business operated through Promius Pharma.
- Founded: 1990
- Owner: Murali Divi
- Headquarters: Hyderabad
Divi’s Laboratories Limited is an Indian multinational pharmaceutical company based in Hyderabad, India. Divi’s Laboratories was founded in 1990. Divi’s Laboratories Ltd. manufactures active pharmaceutical ingredients (APIs) and intermediates.. With two manufacturing facilities, market presence across several countries and a team of 10,000 employees, Divi’s Continues to innovate to bring robust techniques to facilitating sustainable manufacturing processes.
- Founded: 1978
- Owner: Kiran Mazumdar-Shaw
- Headquarters: Bangalore
Biocon is a famous pharmaceutical company in India. Biocon Limited manufactures generic active pharmaceuticals. The company is based out of Bangalore. Products from Biocon Limited are sold around the world on a very huge scale. As well as 9000 people are employed at Biocon .Biocon has the defining science, cost-effective drug development capabilities and significant manufacturing capacity to move ideas to market.