Right after the civilizations, the world changed for ever for humans and it was attacked by various diseases. In this modern world with changed lifestyle, we are more prone to diseases and infections. Immunity level has gone down and as a result it is very essential to get treated and cured immediately.
With developments in science and research, mankind has discovered drugs for several diseases and effective treatment is possible now. Even the diseases that were said to be incurable have found the pharmacotherapeutics today. It is notable that, India once known for its medicinal knowledge in Ayurveda has excelled in the production of synthetic drugs in present days. Numerous companies from India have made their mark globally. Pharmacy companies play a major role in our day-to-day life and here is a list of top 10 best pharma companies in India 2019 that have recorded the highest revenue in their business.
10. TORRENT PHARMA:
The net market capitalization of this company is about Rs. 22,392 Crores. This company currently occupies 10th position in this top ten Pharma companies in India for it having a wide market with some of the blockbuster drugs under its name. This cows started in the year 1969. This company is one of the most trusted companies and they are presently working in more than 50 countries all over the world. This company has made impact medication production in India.
This company has a net market capitalization of about Rs . 23,410 Crores. Glenmark was established in the year 1977. The company is known for its excellent quality medicines. Currently the company is working in more than around 90 countries all around the world. The company carries the fame for bagging the best pharmacy company in Emerging Markets Awards several times.
GlaxoSmithKline is an British pharmaceutical company. The Indian company was established in the year 1924 and is now one among the oldest companies in the country. They are known to produce various products even in the field of dermatology, cardiology, respiratory and a lot other more including some of the well renowned products like Sensodyne, Horlicks, Flovent, Abreva, Nicoderm, Advair, Nicorette, Avodart, Augmentin. The net market capitalization of this company is estimated to be about Rs26,954 Crores.
7. DIVI’S LABORATORIES:
Divi’s laboratory is one of the Indian pharmaceutical companies which was established in the year 1990. It’s been like 25 years of service in this field but they are one of the leading pharmaceutical company in India. The market capitalization of this company is about Rs28,609 Crores. They are widely known for their products in the fields such as cardiology, dermatology and diabetogenics and others.
6. CADILAC PHARMACEUTICALS LIMITED:
Cadillac pharmaceuticals Limited was established in the year 1951. The headquarters of this company is located at Ahmedabad. This company is currently functioning in more than 90 countries all over the world. This is one of the most trusted brands in India. They mainly produce medicines for cardiology, gastroenterology, neurology and also in pulmonology. This company has the production capacity of about 3500 million tablets every year. This company at 6th place is estimated to have a net market capitalization of this company is about Rs31,542 Crores.
5. AUROBINDO PHARMA LIMITED:
Aurobindo Pharma Company was established in the year 1986. The Pondicherry unit was established in the year 1988-89. This company has about 6 manufacturing units all over the India and carries out marketing in many other parts of the world. They are chief producers of medicines for neurology, cardiology, gastroenterology and any other files. The market capitalization of this company is estimated to be about Rs47,588 Crores.
It currently employs more than 20000 employees all over. Thus company was established in India in the year 1935. the company is functioning in more than 150 countries all over the world at the moment. The net capitalization of this company is about Rs48,788 Crores. They are producing about 2000 products in the field of cardiology, neurology, nephrology and diabetogenics. It records highest sales with respect to some of its blockbuster drugs and few of the generic drugs too and thus stands at the 4th places.
3. DR. REDDY’S LABORATORIES:
This company was established in the year 1984. Right now the market capitalization of this company is estimated to be about Rs 50,103 Crores. They have attained significant growth in the industry and have had a great success in just past 30 years. They produce more than 200 pharma products. They have their market spread in over 20 countries all around the world. They are expertise in the production of medicine for dermatology, cardiology, gastroenterology and a lot more.
LUPIN is a transnational pharmaceutical company, established in the country in the year 1968. This company produces about 5500 Products in the field of neurology, cardiology, diabetogenics and also other therapeutics. The net market capitalization of this company is estimated to about Rs76,613 Crores. This is one of the fastest growing companies in the world as a result of sales of some of their popular drugs like Norvsac, Trizivir and others.
1. SUN PHARMACEUTICAL INDUSTRIES LTD.:
This company was established in the year 1983 by Fillip Shanghai. Currently the company is functioning in more than 150 countries all over the world. Another pharmaceutical giant, Ranbaxy laboratory bought this company in the year 2014. This is now the largest pharmaceutical company in India. It is often sited amongst the leading pharmaceutical companies in the global scale. This company currently has its operations in United States, Africa, Canada, China and other major countries. The net market capitalization of this company is about Rs1,89,139 Crores. They are well known for producing medicines for diabetogenics, gastroenterology and cardiology.
Thus this is the list of top ten pharma companies in India 2019. Since the society is facing a lot of problems in regards to health these days, the efficiency of these companies play a major role in the well being of the society.