They say, “A healthy nation is a wealthy nation”. Today’s world is not only complex but it is significantly different from what it used to be before the civilisation. Whether because of unnatural food or change in lifestyles, the mankind is facing a lot of health related problems these days and thus making it difficult for us to survive fit and fine. They are now prone to numerous diseases and infections and their immunity level are rapidly going degrading with the passage of time.
The rapid development of science and technology has made human beings discover many medicines to cure diseases and the result of it is that; the diseases that were once impossible to cure are now curable and that too very effectively. The list of top pharmaceutical companies in India 2020 not only includes the Indian companies in the race but the multinational companies are also becoming a part of it.
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10. Ipca Laboratories
Ipca lab is one among the top ten national company and is ranked number two in the list of top multinational biotechnology and pharmaceutical company of India. Their total net sales are 2,352.59 crores in Indian currency. It was established on October 19, 1949. The founder of the company is K.B. Mehla and Dr. N.S. Tibrewala. Its headquarter is located in Mumbai. They basically manufacture Acetylthiophene, Theobromine, and P-Bromotoluene as APIs and sells them worldwide.
Wockhardt pharmaceutical limited is an international brand of pharmaceuticals that has reached to ninth position in the list of top ten pharmaceutical companies present in India. The company acquires the total net sales of Rs 2,560.16 crore. Its headquarters are in Mumbai, India and was established in the year 1960 by Fakhruddin T. Khorakiwala. Wockhardt has its manufacturing plants in many international countries as well. They are UK, France, Ireland, and the US. It produces biotechnology formulations, biopharmaceuticals, APIs. nutrition products, and vaccines.
8. Jubilant Life Sciences
The company ranks to number eighth in the list of top ten Indian pharmaceutical companies. It was formerly known as Jubilant Organosys and was established in the year 1978. It has a total net sale of Rs 2,641.07 crore in the national as well as international markets. It is the manufacturer of APIs, Allergy Therapy Products, Nutritional Products., Solid Dosage Formulations, Radiopharmaceuticals, Advance Intermediates, Crop Science Ingredients, Fine Ingredients, and Life Science Chemicals. It peaked at number six among the top 10 international agrochemical companies. It is the largest CRAMS -Custom Research and Manufacturing Services player of India. Their APIs include therapies for Anti–infectives, Central Nervous system, Gastrointestinal, and cardiovascular system.
7. Cadila Health
The Indian pharmaceutical company, Cadila Health or Cadila Healthcare Ltd. is on the seventh position in the list of top ten pharma company located in India. Its total net sales are 3,152.20 crores in Indian currency. It is headquartered in Ahmedabad, India. It basically manufactures and sells generic drugs.
6. Sun Pharma
Sun pharmaceutical limited is an international brand of pharmaceuticals that has reached the sixth position in the list of top ten pharmaceutical companies present in India. Its total net sales stood at Rs 4,015.56 crore. It was established in the year 1983 with only five people and five products and is now among the top ten of the country. Its headquarter is in Mumbai, Maharashtra. It manufactures active pharmaceutical ingredients and pharmaceutical formulations. Sun Pharma offers formulations in the field of diabetology, cardiology, psychiatry, gastroenterology, and neurology. Their APIs includes clorazepate, carbamazepine, warfarin, and etodolac, as well as peptides, anticancer, sex hormones, steroids, and controlled substances.
5. Aurobindo Pharma
Aurobindo Pharma is numbered fifth in the top ten pharmaceutical companies in India. It has its headquarters in Hyderabad, India. The company became global in the year 1992. They are well famed in the field of pharmaceuticals across geographies. Their total net sales are rupees 4,284.63 crores. It has a vigorous product portfolio encompassing CNS, CVS, Anti-Retroviral, Anti-Diabetics, Antibiotics, Anti-Allergic and Gastroenterological and that too with approved manufacturing facilities provided by the WHO, USFDA, UK MHRA, ANVISA-Brazil, and MCC-SA. The company mainly develops medicines that are antiretrovirals, treats heart-related diseases, gastritis, are anti-diabetics and cephalosporins.
The fourth largest pharmaceutical company in India is the Lupin Limited. Its net sales are Rs 5,364.37 crore. It based in the Mumbai city of India. In terms of capitalisation, Lupin is the seventh largest company globally. It is significant for being the rapidly growing generic pharmaceutical player over the United States and South Africa. It works with the goal of supplying high quality, branded medications and support for the health care of the patients.
3. Dr. Reddys Labs
One of the multinational pharmaceutical companies of India, Dr. Reddys Labs, peaked at number three on the list of top Indian pharma companies. Its headquarter is in Hyderabad(India). It was founded by Mr. Kallam Anji Reddy in the year 1984. The 25 years old company manufactures a wide range of drugs and medicines both nationally and internationally. It is one among the top three e Active Pharmaceutical Ingredients players in the world and has sixty APIs. Their pharmaceutical ingredients include biotechnology products, critical care, and diagnostic kits. It has a net sale of 10,207.70 crores in Indian currency.
Cipla ranks number two in the list of top multinational biotechnology and pharmaceutical company of India. It is headquartered in Mumbai. The company mainly develops medicines that treat heart diseases, arthritis, depression, diabetes, weight control like medical problems. It has a total net sale of 6,977.50 crores in Indian currency. The main aim of the company is to provide each and every patient with high-quality medicines and that too with affordable prices.
1. Ranbaxy Labs
Ranbaxy ranks number one in the list of the top multinational pharmaceutical company of India. It was incorporated in the year 1961 in India and it went worldwide within 15 years. In 2013, Ranbaxy was supplying its products to a total number of 125 countries across the world. In the year 2011, it was awarded the OTC Company of the year. According to the Brand Trust Reports of 2012 Ranbaxy was ranked 161st, in 2013, 225th and in 2014 it peaked to number one eighty-four in the top trusted brands. Ranbaxy has a total net sale of 7686.59 crores in Indian currency.
The efficiency of these top companies has played and is playing a very vital role for the wellbeing of man. India ranks third in the world’s largest pharmaceutical industry in the terms of volume and the thirteen by value. And in the coming years, it is likely to become one of the top three leading markets in the field of pharmaceutical due to its rapid growth.