Pharmaceutical Industry is a swiftly growing industry in the country and India stand among the top 5 pharmaceutical markets in the world. For the past few years, awareness regarding health and hygiene has increased, which has led to an increase in the sale of pharmaceutical products in India. The total revenue generated by pharmaceutical companies in India in the last financial year was more than $20 Billion, which is expected to cross the mark of $26 Billion by 2016.
Pharmaceutical companies produce drugs and vaccines for various domains like cardiology, nephrology, neurology, diabetology, etc. This post describes the Top 10 Pharma Companies in India:
1. SUN PHARMACEUTICAL INDUSTRIES LTD.
Among all pharmaceutical companies in India, Sun Pharmaceutical Industries Limited is the leader. Established in the year 1983 by Dilip Shanghvi, Sun Pharmaceuticals operates in more than 150 countries across the world.
In the year 2014, Sun Pharmaceuticals acquired Ranbaxy Laboratories Limited and became the largest pharmaceutical company in India and the fifth largest pharmaceutical company in the world.
Sun Pharmaceuticals has manufacturing units in many countries, that include India, USA, South Africa, Canada, Ireland, Malaysia, and Mexico. It also has Research and Development (R&D) centers in India, USA, Israel, and Canada.
The company offers various quality pharmaceutical products for different domains and some of the areas are Diabetology, Neurology, Cardiology, Gastroenterology, and Orthopedics
Market Capitalization: Rs 2,17,636 Crore
Lupin is another leading pharmaceutical company and stand at 2nd in the list of top 10 best pharma companies in India 2015. Incorporated in the year 1968, Lupin is one of the fastest growing and best pharmaceutical companies in India.
Lupin in the last financial year shown a growth of more than 20% and generated a revenue of more than Rs 3,000 Crore.
The company produces more than 5,500 pharmaceutical products of premier quality. Some of the therapeutic areas, of which the company offer products are Neurology, Cardiology, Diabetology and Orthopedics.
Market Capitalization: Rs 84,193 Crore
3. DR. REDDY’S LABORATORIES
With a market capitalization of Rs 63,779 Crore, Dr. Reddy’s Laboratories is the next pharmaceutical company in this list. Founded in the year 1984, Dr. Reddy’s Laboratories within a few decades has emerged as a leading pharmaceutical company in India.
The company produces more than 200 pharmaceutical products and operates in more than 20 countries across the globe. Dermatology, Cardiology, Gastroenterology and Pediatrics are some of the therapeutic areas, of which the company offers pharmaceutical products.
Market Capitalization: Rs 63,779 Crore
4th position on this list is occupied by Cipla, a leading pharmaceutical company incorporated in the year 1935 and presently has operations in more than 150 countries.
Headquartered in Mumbai, Cipla is a swiftly growing pharma company and employ more than 20,000 people.
Cipla produces more than 2,000 products and owns more than 30 manufacturing plants in different parts of the country.
Some of the areas, of which Cipla offer products include Cardiology, Neurology, Nephrology, and Diabetology.
Market Capitalization: Rs 52,081 Crore
5. AUROBINDO PHARMA LIMITED
Aurobindo Pharma Limited is ranked 5th in the list of top 10 best pharma companies in India 2015. Incorporated in the year 1986, Aurobindo Pharma Limited started operations in India in 1988-99 with the establishment of the first manufacturing unit in Pondicherry.
Aurobindo is a big pharmaceutical company with 6 manufacturing units in India and operations in more than 120 countries in the world. Neurology, Nephrology, Cardiology, and Gastroenterology are some of the therapeutic areas, of which the company provides products.
Market Capitalization: Rs 42,454 Crore
6. CADILA PHARMACEUTICALS LIMITED
Cadila Pharmaceuticals Limited with a market capitalization of Rs 38,677 Crore is next on this list. Headquartered in Ahmedabad, Cadila Pharmaceuticals Limited was established in the year 1951 and presently operates in over 80 countries in the world.
Cardiology, Respiratory, Gastroenterology, and Neurology are some of the therapeutic areas, of which the company offer products.
The company has a large production capacity with a production capacity of more than 3,500 Million Tables and over 120 Million Capsules per year.
Market Capitalization: Rs 38,677 Crore
Winner of Best Pharma Company in Emerging Markets Award, Glenmark Pharmaceuticals is placed at 7th in the list of top 10 best pharmaceutical companies in India 2015. Glenmark came into existence in the year 1977 and presently operates in more than 90 countries across the globe.
Market Capitalization: 29,047 Crore
GlaxoSmithKline (GSK) Pharmaceuticals Limited, a leading pharma company is the Indian subsidiary of GlaxoSmithKline, a British Pharmaceutical Giant.
Headquartered in Mumbai, GlaxoSmithKline Pharmaceuticals Limited was established in the year 1924 and stand among the oldest pharmaceutical companies in India.
GSK India offers products for various therapeutic areas, which are Dermatology, Cardiology, Respiratory, etc.
Market Capitalization: Rs 28,587 Crore
9. DIVI’S LABORATORIES
Divi’s Laboratories is an Indian Pharmaceutical Company started in the year 1990 and presently among top pharma companies in India.
The company is known for producing quality products for various therapeutic areas and Cardiology, Dermatology and Diabetology are some of them.
Market Capitalization: Rs 24,847 Crore
10. TORRENT PHARMA
10th position of this list is occupied by Torrent Pharma, a pharmaceutical company started in the year 1969 and operates in more than 50 countries in the world.
Market Capitalization: Rs 22,320 Crore