Top pharma companies in the India.....
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Top Pharmaceutical Companies in India
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Pharmaceutical Companies in India are developing at a faster pace and this industry holds the pride of being the second largest growing industry in India and this sector is offering a lion’s share toward the economic development of the country. It has been predicted that by the year 2015, the Indian Pharmaceutical Sector would be the third largest industry all over the globe with an output of 20 billion US dollars.
Above all, Government of India has also many schemes for the development of pharmaceutical industry like tax breaks, proper clinical procedures and new procedures for manufacturing of drugs. The names of leaders in Pharmaceutical sector in India are given below:
Top 10 Pharmaceutical Companies in India:
• Dr. Reddy’s Laboratories
• Sun Pharma Industries
• Lupin Labs
• Aurobindo Pharma
• GlaxoSmithKline Pharma
• Cadila Healthcare
• Aventis Pharma
• IPCA Laboratories
A short description about these companies is given below:
Ranbaxy was established in the year 1961 and it is a research based pharma organization, which was converted as a public limited company in the year 1973. The company has earned this position among the pharmaceutical companies in India due to their large portfolio and cost-effective medicines that are relied by medical professionals all over the globe.
Dr. Reddy’s Laboratories:
Dr. Reddy’s Laboratories has its headquarters in India and manufacturing units in different parts of the world. The subsidiaries of this company are located in countries like Brazil, Russia, the United Kingdom, Germany and the United States. This company stands out of the crowd of competitors in pharmaceutical industry due to its following qualities:
• Innovation and continuous learning
• Teamwork and collaboration
• Respect for individual
• Social responsibility and harmony
Cipla came into existence in the year 1935 and the company began its journey with an authorized capital of Rs. 6 lakhs. However, now the revenue of the company is Rs. 37.637 billion and they are engaged in manufacture of over-the-counter drugs, prescription drugs and bulk drugs. Different regulatory bodies have approved this company and the name of these regulatory bodies is given below:
• National Institute of Pharmacy, Hungary
• Pharmaceutical Inspection Convention, Germany
• Therapeutic Goods Administration, Australia,
• Food and Drug Administration, USA
• World Health Organization
Sun Pharma Industries:
Sun Pharmaceuticals popularly called as Sun Pharma came into existence in the year 1983 and during its initial stages the company was engaged in the production of five medicinal products meant for psychiatric illness. Now, the company is popular all over the world as the manufacturer of specialty active pharmaceutical formulations and ingredients. This company has group companies in Bangladesh and Michigan. This company is engaged in manufacturing of three different forms of medicines, they are injectable, oral, and delivery based drugs.
Lupin Labs has its headquarters at Mumbai and they are acting as an innovation led transnational pharmaceutical company producing a wide range of medicines with branded formulations, affordable cost and quality. They have manufacturing units at different parts of India like Indore, Jammu, Goa, Aurangabad, Mandideep, Tarapur, Ankleshwar and in Japan as well.
Aurobindo Pharma came into existence in the year 1986 and they began their operations in the year 1988 in Pondicherry. At present, the headquarters of the company is located in the city of Hyderabad. They are one of the leading API manufacturing company in India and they are dealing with a vide category of medicine manufacturing like gastro-enterologicals, medicines for central nervous system, medicines for cardio vascular diseases, anti-infective, anti-allergic and Antibiotics.
Glaxosmithkline shortly called as GSK are leading players not only in pharmaceutical industry in India, but also inindustry as well. The company came into existence in the year 1924 with the objective of improving the quality of life of the people by manufacturing life saving drugs. They are manufacturing prescription medicines for different diseases like diabetics, gastrointestinal disorders, respiratory disorders, etc…
Cadila Healthcare Limited was established in the year 1995 under the aegis of Zydus Group and they have operations not only in India, but also in other parts of the world like Brazil, France, USA and they are exporting their branded products to more than 43 countries all over the globe. They are engaged in the manufacturing of the following category of drugs:
• Skin Care
• Active Pharmaceutical Ingredients
• Animal health care
Aventis Pharma is a company formed out of the merger of two pharmaceutical companies namely Aventis and Sanofi. The parent company of Aventis Pharma being Sanofi Aventis has its presence in more than 95 countries all over the globe and they are having state-of-the-art manufacturing facilities. The company is dealing with the manufacture the following category of medicines:
• Bone & Joint
• Central nervous system
• Respiratory system
• Cardiovascular diseases
This company came into existence in the year 1949 and it was actually formed by a group of medical professional and businessmen. The present management took over the company in the year 1975 and their main activities include production and marketing of drugs and other pharmaceutical products. The categories of products dealt by them are drug intermediates, active pharmaceutical ingredients and formulations.
Pharmaceutical industry is a fast-growing industry in India contributing towards the economic development of the nation. The industry also offers a wide range of employment opportunities to pharma and chemical engineering graduates and several other non-technical personnel as well.