India, have some of the top Biotech firms globally. However most of them produce different products like Vaccine production, Bio fuels, Plant biotechnology based products, several drugs and many more.
The biotechnology industry in India comprises >2700 biotech start-ups and is estimated to reach 10,000 by 2024 as per the IBEF- India Brand Equity Foundation. At this speed India is growing to become one of World’s top biotechnology destination.
Top Biotechnology Companies:-
- Serum Institute Of India:- Established in 1996, Serum Institute of India is the top biotechnology company of India with a corporate office in Pune, India. It is a private sector initiative, headed by Cyrus S. Poonawalla. It is one of the most well-known institutes in the nation. The company is recognized for bringing out the medicines for some of the gross diseases prevailing in the nation.Serum Institute of India Pvt. Ltd. manufactures several vaccines, which include Polio, Diphtheria, Tetanus, Pertussis, Hib, BCG, r-Hepatitis B, Measles, Mumps and Rubella vaccines. 65% children in the world are estimated to receive at least one vaccine manufactured by Serum Institute.
2. Biocon Ltd.:- A private entity established in the year 1978 with a corporate office in Bangalore, India, is one of the most remarkable companies in the industry at present. The company has been leading with a brilliant research and development areas. Biocon has also managed to create medicines for many ailments with the help of its scientists who aim to create the best solution for various prevailing diseases. The company has been trusted by the people across the nation, hence, making the company among the top three in the industry. Biocon Biocon is fully integrated, innovation-led bio-pharmaceutical company, focused on delivering affordable innovation.
3. Panacea Biotech Ltd.:- Established in 1976, with Soshil Kumar as the chairman, Panacea Biotech Ltd is located in New Delhi, India. It is a private sector entity. By having one of the efficient officials and field personnel, the company has managed the top ranking within no time. The company has established a notable name for itself by gaining the product of the year achievement in 2011 for PacliALL.
4. Novo Nordisk.:- With a corporate office in Denmark, Novo Nordisk is a private company established in the year 1923. The company has gained the national and international recognition by creating the medications required. It has shown that with the proper and dedicated working group, one can achieve brilliance in all the possible fields of work.
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5. Indian Immunologiocals:- Established in the year 1982, with Dr Amrita Patel as the chairman, the company is located in Hyderabad, India. Set up by The National Dairy Development Board (NDDB), the company has made sure to stand up to the needs and the expectations of its clients.
6. Wockhardt Ltd.:- With a corporate office in Mumbai, India, Wockhardt Ltd, was established back in the year 1960. A completely private initiative of the founders in the USA and EU with a revenue sales of 76%, the company has managed to have a firm hold over the Indian market as well and has been successful too in doing that. The company intends to throw a tough competition over its competitors in the coming years to grab a higher rank in the top leading list of biotechnology companies.
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