Pharma companies in India is renowned for achieving a solid position in the global pharmaceutical industry. It has grown significantly in recent years. In 60 therapeutic areas, there are more than 60,000 generic brands. About 500 different active pharmaceutical ingredients (APIs) are produced by Indian pharmaceutical businesses. India supplies 40% of the generic medicine needs in the US, 25% of all pharmaceuticals in the UK, and over 50% of the generic drug needs in Africa. Over 3,000 pharmaceutical businesses operate in India. The pharmaceutical industry is currently valued at $11 billion and has 10,500 pharmaceutical production facilities.
Here, we've included a list of some of the Top 10 & best pharma companies in India that provide top-notch medications and regulate the sector.
Medkul Pharma is a well-known brand in the pharmaceutical industry founded in 2010 and is quickly growing in the Indian pharmaceutical market with 8+ years of experience in serving human healthcare. Medkul Pharma makes sure to supply pharmaceuticals that are of the highest calibre and made with hygienic ingredients.
Dilip Sanghvi established Sun Pharmaceutical Industries. On the list of the biggest pharmaceutical corporations in India, the company stands at the top. The business manufactures and distributes pharmaceutical formulations and active pharmaceutical ingredients globally. Baricitinib, brivaracetam, and dapagliflozin are some of the active pharmaceutical compounds that serve a variety of therapeutic niches.
In 1986, V. Ramprasad Reddy and K. Nityananda Reddy launched Aurobindo Pharma. The company manufactures both active pharmaceutical ingredients and generic drugs. The company's primary therapeutic and product areas are gastroenterology, allergy, and immunology, antiretrovirals, cardiovascular drugs, and central nervous system medications. The company sells these products in more than 125 countries. Among its marketing partners are Pfizer and AstraZeneca.
In 1984, Dr. Reddy's laboratory started producing active pharmaceutical ingredients. Numerous drugs are produced and sold both domestically and abroad by Dr. Reddy's laboratory. The company offers over 190 medications and 60 active pharmaceutical ingredients (APIs) for the manufacture of pharmaceuticals, test tools, critical care, and biotechnology. One of Dr. Reddy's well-known products is canagliflozin. Others include ramipril, atorvastatin, ibuprofen, naproxen sodium, and naproxen sodium.
Cipla was founded in 1935 as "The Chemical, Industrial, and Pharmaceutical Laboratories" by Khwaja Abdul Hamied. Cipla intends to develop drugs to cure a wide range of diseases, such as respiratory issues, arthritis, depression, and many others. Cipla has 47 manufacturing locations worldwide and sells its medications in 86 different countries.
Desh Bandhu Gupta established Lupin Limited in 1968. It is a renowned pharmaceutical manufacturer in India. The company manufactures and distributes drugs for a range of illnesses, including as TB, diabetes, cardiovascular disease, and asthma. The key markets for Lupin Limited are the USA, Europe, Japan, South Africa, Australia, the Philippines, Mexico, Latin America, and other areas.
The name Zydus Cadila is also used by Cadila Healthcare Limited. It is a pharmaceutical company, and Ahmedabad, India, serves as its headquarters. It is one among India's largest pharmaceutical companies and had revenue of $1.9 billion in 2022. The company was founded by Ramabhai Patel. Zydus Cadila develops and manufactures a comprehensive range of over-the-counter (OTC) medicines, diagnostics, herbal remedies, cosmetics, and other products.
Gracias Saldanha established Glenmark Pharma Limited, which has roots in Mumbai, India. With numerous international clients, Glenmark was founded with the intention of developing into a sizable, integrated, research-based pharmaceutical firm. This pharmaceutical company specialises in drug discovery, which is important in the oncology, dermatology, and respiratory medicine therapeutic fields.
In India and more than 50 other nations around the world, Alkem Laboratories, a company formed in 1973, sells high-quality labelled generics, generic pharmaceuticals, medicinal items, and health supplements. Additionally, it provides in Australia, South-East Asia, Germany, the United States, the United Kingdom, Russia-CIS, and Africa. The business sells drugs to treat a range of ailments, including as cancer, diabetes, gastrointestinal disorders, and disorders of the central nervous system.
Torrent Pharma, one of the top pharmaceutical companies in India, was founded by Sudhir Mehta. Its main office is in Ahmedabad. Torrent Pharmaceuticals provides services to more than 40 nations and has more than 2000 items that have been registered internationally. For Torrent Pharma, active therapeutic areas include cardiovascular (CV), central nervous system (CNS), gastrointestinal, diabetology, anti-infective, and pain management.