India is the third largest medicinal industry in the whole world related to the volume and it is the world’s 13th biggest medicine industry according to the value.The medical companies are earning a good amount of profit in this business by bearing very fewer expenses.
According to the Fitch Group company, the Indian medical industry will grow at a percentage of 20 %for the period of 2015 to 2020. There are few old names in the list of top ten medical companies which are trading and existing from past many years in this business.
The following is the list of top ten largest and reputed medical companies in India:
10. Torrent Pharmaceuticals
Torrent Pharmaceuticals medical company is located in the Ahmedabad city of Gujarat. It was basically established in the year 1959. Torrent Pharmaceuticals majorly deals in the healing realms like cardiovascular and central nervous system. It also covers the sections like gastroenterology, diabetology, and anti-infectives. At present, it is operating in more than 50 nations and has an important existence in India also where its business is growing day by day.
9. Divi’s Laboratories
This largest medical company in India was founded in the year 1990 along with the solitary resolution of research and expansion inside the life-sciences section. Divi’s Laboratories also mostly focuses on the growth of current inventive techniques of making pharmaceutical mediators and further APIs.
8. Glenmark Pharmaceuticals
Glenmark Pharmaceuticals is one more India’s biggest medical company which was established in the year 1977. Its headquarters are located in Mumbai city of Maharashtra. This company focuses on making and publicizing the APIs and creations that cover the areas such as dermatology, diabetology, internal medicine,ENT, pediatrics and gynecology.
7. GlaxoSmith Kline
This medical company isone of the eldest and most knowledgeable performers in the medicinal industry in India.This company was founded in the year 1924. It is also one of the top exploration-based health organization and medical companies in the entire world. The main healing zones of medicine addressed by the firm are dermatology, anti-infective, and gynecology, oncology,cardiology,diabetes, and lung products. Along with that, it offers injections for hepatitis B, cervical cancer, hepatitis A, influenza, rota-virus, chickenpox, pertussis,tetanus, and diphtheria and much more.
6. Cadila Healthcare
Cadila Healthcare’s head office is located in the city of Ahmedabad in the state of Gujarat.It was basically established in the year 1952. Cadila Healthcare has nearly twenty different industrial sites all over the nation.
5. Aurobindo Pharma
Aurobindo Pharmamedical company was established by Mr K. Nityananda Reddy as well as Mr P.V. Ramaprasad Reddy in the year 1986. Its headquarters are located in Hyderabad’s Telangana with the name Aurobindo Pharma Limited manufactures. There are 6 major healing zones of medication which are addressed by thisfirmsuch as gastroenterology, anti-allergic, antibiotics, anti retro virals, cardiology and central nervous system.
Cipla was founded by Dr. K. A. Hamied in the year 1935. It is one of the largest medicinal and bio technology MNC of India currently. The APIs and inventions which are made at the Cipla plants are available all through the country. Mainly, the medications for cures of diseases like obesity, depression, arthritis.Cardiovascular diseases, as well as diabetes, are made by the Cipla.
3. Dr. Reddy’s Labs
The next name in the list is of Dr. Reddy’s Labs which was founded in Hyderabad’s Telangana.This is also an international medicinal entity. Dr. Reddy’s Labswas established in the year 1984 as a creator of APIs. There are a huge variety of pharmaceutical goods that are delivered by Dr. Reddy’s Labs. It devises of sixty APIs as well as 190 medicines for treating the numerous types of disorders. It is the India’s 3rd largest medical company in rapports of market capitalization.
The headquarters of Lupin Limited is located in Mumbai.It is an international pharmaceutical firm. An assistant lecturer of BITS-Pilani in the state of Rajasthan i.e.Dr.Desh Bandhu Gupta founded Lupin in the year 1968that is one of the important pharmaceutical companies in India at present. In PuneLupin devises a research and expansion division. This company is one of the best rising companies as the concern to the cardiology, oncology, central nervous system, gastroenterology, anti-asthma ,anti-infective, and diabetology treatments.
1. Sun Pharmaceutical
The top name in the list of largest medical companies in India is of Sun Pharma which is formally recognized as Sun Pharmaceutical Industries Limited. This company was established in the year 1983 by Mr Dilip Shanghvi. Its headquarters are located in India’s commercial capital i.e. Mumbai in the Maharashtra state. It aims to provide solution for the extensive range of long-lasting and serious treatments. It’s healing divisions consist of more than 3000 excellent molecules comprising the psychoanalysis, anti-infectious, cardiology, neurology, diabetology, orthopedic, gastroenterology, nephrology, ophthalmology, urology, gynecology,dermatology, oncology,respiratory, nutritional as well as dental.