The pharmaceutical industry also called the drug industry is a major source of medical innovation. India, the largest provider of generic drugs, supplies over 50% of global demand for various vaccines. The Indian pharmaceutical sector is expected to grow to US$ 20.70 billion in the financial year of 2020.
Below we’ve shared a list which will enable you to shortlist the fastest growing pharma companies in India that are trusted and reputed for their high-quality products and market value.
Sun pharmaceutical industries limited are one of the most reputable and fastest-growing pharma companies in India. It produces and sells pharmaceutical formulations as well as active pharmaceutical ingredients (APIs). Sun pharma provides formulations in numerous therapeutic fields, such as cardiology, diabetology, gastroenterology, psychiatry, etc. Sun pharma is both a target-based and PCD pharma company.
Cipla limited is a leading pharma company in India and is the world’s largest manufacturer of antiretroviral drugs and a therapy leader in India for anti-malarial with a market share of over 34%. It has ranked the top in the list of best pharma franchise companies in India. Cipla Ltd. has 34 manufacturing units in 8 locations all over India and has made its presence in over 80 countries.
Aurbindo pharma has made its key presence in therapeutic segments such as neuroscience, cardiovascular, anti-retroviral, gastroenterology, and cephalosporins. More than 22000 employees are working globally with Aurbindo pharma and the company has 2 manufacturing facilities worldwide.
Dr. Reddy’s laboratories limited has more than 190 drugs, 60 APIs for drug manufacture, biotechnology products, critical care, and diagnostic kits. It has agreed to perform final-stage clinical trials of Russia’s Sputnik V COVID-19 vaccine in India and is ready to produce up to 100 million doses after the successful completion of the clinical trials.
Venistro Biotech is a leading, tested, and trusted manufacturer of generic and ethical medication in the Indian pharmaceutical sector. Being the best PCD Pharma company in India, Venistro Biotech has gradually spread its reach to both national and international levels and is one of the fastest growing pharma companies in India and provides formulations in numerous therapeutic fields such as diabetology, dermatology, orthopedic, optics, nutraceutical, dental, gynecology, cardiology and, pediatric.
Headquartered in Mumbai, Glenmark is a pharma company in India that primarily focuses on new drugs and biosimilars in the field of cancer dermatology and respiratory diseases. Glenmark pharmaceuticals have 17 manufacturing facilities globally and 5 R & D centers in India and Switzerland.
Lupin is a worldwide pharmaceutical company supplying a large range of products like branded and generic formulations, APIs, biotechnology products, etc. Lupin is a substantial player in the treatment areas of non-steroidal anti-inflammatory drugs, cardiovascular, gastrointestinal, and anti-infective drugs. It is one of the top pharma franchise companies in India which manufactures superior quality drugs.
Torrent pharmaceuticals initiated the concept of niche marketing in India and today it is ranked amongst the leaders in the therapeutic segment of cardiovascular (CV), gastrointestinal (GI), and women healthcare (WHC). It has advanced R & D capabilities, an extensive domestic network, and a widespread global presence in over 40 countries.
Established in the year 1990, Divi’s laboratories is a leading manufacturer of Active pharmaceutical ingredients. Divi’s laboratories are among the youngest firm. Divi’s manufactures APIs, intermediates, and nutraceutical ingredients and has predominance in exportation.
Zydus Cadila is a pioneer pharma company in India and also one of the oldest players in the Indian formulations market. The company is running an innovation program led by 1300 researchers across 19 sites on distinguished medicines. The company is running research facilities in various states of India as well as in the US and Brazil.