Indian Pharmaceutical industry is one of the top 5 emerging markets of the world that contributes a major part to the Indian economy. Even government started encouraging the drug manufacturing companies towards innovation of new drugs or manufacturing the running drugs at low costs. Indian pharmaceutical industry is one of the fast growing and has become the third largest producer in the world and is expected to grow more than the global pharmaceutical market of $20 billion in 2015. With the enactment of an amendment to India’s patent law, companies have made their ways into global market in manufacturing of the generic drugs. Most of the companies are subsidiaries of dominant international companies that manufacture and export the formulations and bulk drugs to other countries like USA and Russia.
Following are the list of best pharmaceutical companies in India that derive great shares of revenue to the global market from their programs.
10. Wockhardt:
It is a global pharmaceutical company that was established in 1960 and headquartered in Mumbai. It holds many subsidiaries in different countries but most of the company economy comes from Europe. Company even received “The best Enterprise” award from the Europe business assembly from Great Britain. It manufactures and sells formulations, biopharmaceuticals, nutrition products, vaccines and APIs. It cares about the customer’s needs and provides R&D programme with more than 607 scientists who use science and technology to develop medicines and other products in a cost effective manner.
Address: Wockhardt Towers, Bandra Kurla Complex, Bandra (East), Mumbai 400051, Maharashtra, India
9. Torrent Pharmaceuticals Ltd:
It is one of the flagship companies of Torrent group established in the year 1959. Initially it was known as Trinity Laboratories Ltd and later it was renamed as Torrent Pharmaceutical Ltd. It is a pubic listed company and manufactures more than 1000 pharmaceutical products in more than 50 countries across the globe. Company offers all its products that meet global quality standards and received “Quality excellence Gold award” from Indian Drug Manufacturers Association. It holds R&D center that is committed to innovation of novel molecules as well as discovering new manufacturing techniques.
Address: Off. Ashram Road, Ahmedabad – 380 009, Gujarat, India
8. Glaxo smithkline :
It is a British multinational company that was established in 1924. It is one of the leading pharmaceutical companies in the global market and offers wide range of products for major disease areas such as asthma, cancer, virus control, infections, mental health, diabetes, digestive conditions and many more. It also produces oral health care products, nutritional products, OTCs and drinks including Sensodyne, Boost and Horlicks. GSK is committed to developing the new products as well as effective health care products.
Address: Dr. Annie Besant Road, Worli, Mumbai- 400030
7. Sun Pharmaceutical:
It is India’s most valuable pharmaceutical company that was established in 1983. It is head quartered in Mumbai, Maharashtra and offers formulations and API that are useful in various therapeutic areas like cardiology, phychiatry, neurology, gastroenterology and diabetology. Some of the top brands offered by the company include pantocid, susten, aztor, gemer, repace, glucored, strocit, clopilet and cardivas. It holds more than 20 manufacturing sites and most of its products are exported to more than 40 foreign countries. Sun Pharma was listed as one of the world’s most innovative companies and awarded as the most outstanding company of the year.
Address: Acme Plaza, Andheri – Kurla Rd, Andheri (E), Mumbai – 400 059, India
6. Candila Healthcare:
It is the 5th largest pharmaceutical company in India headquartered at Ahmedabad. It is an innovative global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare products including dietary supplements. It is having strong market presence in gastrointestinal, women’s healthcare segments and cardiovascular drugs. It offers world class research and development to bring innovative products with low cost and the company even received prestigious Welcome Trust Award under the new “R&D for Affordable Healthcare in India” initiative.
Address: Navrangpura, Opposite Punjab National Bank, Ahmedabad-380009, Gujarat 380015.
5. Aurobindo Pharma:
It is one of the leading pharmaceutical companies headquartered at Hyderabad. It offers generic drugs, API and pep tides and it produces antibiotics, anti-retrovirus, anti-allergic, cardiovascular products, etc. AstraZeneca and Pfizer are its marketing products and it is the leader in manufacturer of semi synthetic penicillin. It manufactures and exports to over 120 countries across the globe with more than 70% of its revenue are derived mainly through international operations. It aims to offer cost effective manufacturing drugs and it is among the largest filers of DMFs and ANDAs from India.
Address: Aurobindo Pharma Limited Plot no. 2, Maitrivihar, Ameerpet, Hyderabad – 500038. Andhra Pradesh, India.
4. Lupin Pharmaceuticals:
Lupin Limited is multinational pharmaceutical company that was established in the year 1968. It is one among the top 5 companies in India and sands as the 2nd largest Indian pharma company by market capitalization and 14th largest in terms of generic pharmaceutical company globally. It offers wide range of generic drugs, API and it also provide SUPRAX ® an anti infective product in pediatric practice. It also holds R&D department that provides the advanced manufacturing capabilities with good quality generic products.
Address: B/4 Laxmi Towers, Bandra Kurla complex, Mumbai-400051.
3. Cipla:
It is one of the leading pharmaceutical companies in India that was established in 1935. It holds a caption “Caring For Life” and fulfills that by producing Active pharmaceutical drugs, formulations that include categories like cardiovascular, anti diabetic, anti depressive drugs and many more to control weight and to treat arthritis. It offers more than 2000 products in 170 countries and is the third largest producer of MDI’s in the world and also stands as a leading producer of the 8 major respiratory disease drugs. Cipla also provides wide range of veterinary drugs across the world.
Address: Plot No 289, Belasis Road, Opposite Hotel Sahil, Mumbai Central, Mumbai- 400008.
2.Dr Reddys Laboratories limited :
DR.Reddy’s is the leading pharmaceutical company in India that is involved in three major products that includes manufacturing of ingredients, generic drugs and proprietary products. It was established in the year 1984 and strives to bring expensive medicines at low costs to help the people. In order to help the diseased and to serve their needs, company aim to develop the innovative products that increase the patient convenience. Quality is maintained in the company in order to meet the regulatory standards and approvals. It has been awarded as “Best learning organization of Asia 2012” and “India’s best company to work for 2013”.
Address: Door No 8-2-337, Road No 3, Banjara Hills, Hyderabad – 500034, Andhra Pradesh
1. Ranbaxy:
It is an Indian multinational company that was established in the year 1961 and a part of Daiichi Sankyo Group. It offers generic, branded generic, OTC products along with API, ARV and intermediates that meet global quality standards. It holds operation in 43 countries and 21 manufacturing facilities spread across 8 countries. It strives to achieve customer satisfaction with all its high quality products and also manage operations with high concern for safety and environment. Ranbaxy also achieved ASSOCHAM Innovation Excellence Platinum Award and Golden Peacock Innovative Product/Service Award for Synriam.
Address: Plot 90, Sector 32, Gurgaon-122001 (Haryana), INDIA.