I have provided the analyzed list of Top Generic Pharma Companies in India. Check blog and choose right generic pharma companies franchise for PCD business. For more information visit http://www.pharmaadda.in/top-generic-pharma-companies-in-india
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Top Generic Pharma Companies in India
Generic drug PCD companies have become an intimidating segment of the pharmaceutical drug market. A report by Global Data says that Indian generic manufacturers are doing particularly well in the generics marketplace, and more and more companies are moving their manufacturing facilities overseas to cut costs. According to the recent report of the FDA, there are approx. 40 leading Generic Pharma Companies in India. This blog is about Top 10 leading Generic Pharma Companies in India.
Important points affecting generic drug companies development, manufacturing, and sales
A major complaint of Generic Pharma Companies in India is that pharma companies block access to reference drug samples needed for bioequivalence testing and biosimilar development by abusing restricted distribution programs such as Risk Evaluation and Mitigation Strategies (REMS ). The second reason is More competition for bringing complex generic therapies and combination products to market as key to moderating high drug costs. Ongoing problems with generic-drug quality have spurred new efforts by the Center for Drug Evaluation and Research (CDER) to ensure drug quality throughout the product life cycle .
List of Top 10 Generic Pharma Companies in India
1. Teva Pharmaceutical Industries : The company was established in the year 1901 and is the leading Generic Pharma Companies in India. According to the recent report, revenues were $9.8 billion and has more than $9 billion in sales and purchased the rights to Allergan's generics division in 2018. Today they have a portfolio of more than 1800 molecules and produce approximately 88 billion tablets and capsules a year at 80 manufacturing facilities.
2. Wockhardt Pharmaceutical : The company was founded in the early 1960s. Wockhardt is a global pharmaceutical and biotechnology organization, providing affordable, high-quality medicines for a healthier world . In recent year, their growth has been propelled by consistent expansion in the global generics market. This was enabled through an aggressive programme targeting three strategic platforms for launching generic products in the advanced markets
3. Sandoz, A Novartis division: Sandoz is the global leader in developing and delivering generic medicines with more than 25,000 employees worldwide and runs 30 manufacturing sites. They offer a broad portfolio covering all major therapeutic areas, resulting in substantial savings and improved access to healthcare. They made their place in the Top 10 Generic Pharma Companies in India.
4. Fresenius Kabi : Fresenius Kabi was established in the year 1955. The company is a global healthcare company that specializes in lifesaving medicines and technologies for infusion, transfusion and clinical nutrition. Our products and services are used to help care for critically and chronically ill patients. The company Reported $2.8 billion in revenue in 2016. Their business can be broadly classified into four therapeutic areas
5. Endo Pharmaceuticals Inc .: The company was established in the year 1997. Endo International plc is a highly focused generics and specialty branded pharmaceutical company delivering quality medicines through excellence in development, manufacturing, and commercialization. Reported $2.5 billion in revenue in 2016. Through their operating companies – Endo Pharmaceuticals, Par Pharmaceutical, and Paladin Labs – Endo is dedicated to serving patients in need.
6. Torque Pharmaceutical : Torque Pharmaceutical was established in the year 1985. The company with a Paltry Investment of 240,000 INR (US$18000), has become the leading Generic Pharma Companies in India. Torque offers the largest portfolio of safe and effective generic products on the market covering major therapeutic categories . The Company complies with all requirements laid down under Schedule M – GMP of the Drugs and Cosmetics Act. The company currently complies with ISO: 9001:2015 Certification.
7. Hospira , Inc .: Hospira is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness™ by developing, manufacturing and marketing products that improve the productivity, safety, and efficacy of patient care. In February 2007, Hospira acquired MaynePharma Limited to become the world leader in specialty generic injectable pharmaceuticals.
8. Sain Medicaments Pvt. Ltd .: Sain Medicaments Pvt. Ltd. is a leading generic pharmaceutical company and was established in the early 1970s. The company offers distinctive generic drug which is best in quality and are safe to utilize Offered drugs of generic pharmaceutical companies are given under the prescription of the specialist. They are involved in Manufacturing, Supplying, and Exporting the generic pharmaceutical medicines all over India.
9. Krka Pharmaceutical : Krka pharmaceutical comes in the list of top generic pharma companies in India. The company's focus is on the development of high-quality own-brand generic pharmaceuticals, which offer added value, and are marketed under Krka's own brands . Worldwide, Krka posted just 1% growth in generics sales, bringing in $1.3 billion last year. Its share of the global generics market fell to 1.8%.
10. Zydus Cadila : Zydus Cadila is headquartered in Ahmedabad , India, and ranks 4th in the Indian pharmaceutical industry. The company was able to break the $1 billion mark for generics sales last year, jumping to $1.2 billion in sales in 2014 from $900 million in 2013. The company was founded in the year 1952. In India, Zydus launched more than 55 products, 19 of which were first-time launches, including adalimumab , the world's first biosimilar of $11 billion arthritis treatment Humira .
Conclusion
The listed Generic companies not only provide you with the high quality of drugs but also the best services for your investment like Pharma franchise, Contract manufacturing, PCD pharma services etc. for high growth in your business . We believe that the information contained in this report is useful for you. So go ahead and choose any of the listed company according to your needs and requirements. For more, you can also visit our official website. You can also fill the contact form directly from the website or ring us on +919041446655. We always seek the opportunity to help you.