Biotechnology is one of the fastest developing industries in India which is mainly knowledge based. Biotechnology is an enormous industrial hub playing an important role in refining the economy of the nation. They comprise several sectors like biologics, bioinformatics, biosimilars, bioagri and a lot of others. Biotech products are in tremendous demands in today’s globalization and have an enormous potential to grow more.
Over the years, biotech companies in India have experienced a significant increase in acquisitions and in the number of mergers. They involve five different segments which are Biopharma, Bioindustrial, Bioagri, Bioservices and Bio-IT. Biopharma includes biopharmaceuticals like proteins, drugs and antibodies that are mainly used in diagnostics and therapeutics manufacturing. Bioindustrial field is related to yeast, yeast-based products, enzymes and organic amino acids. Bioagri comprises of biofertilizers, biopesticides, and genetically improved seeds. Bioservices is related to manufacturing contracts, research contracts and clinical research contracts. Bio-IT represents the various products and services that the bioinformatics provides.
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- Below is the list of India’s top 10 best Biotech companies in 2018
Below is the list of India’s top 10 best Biotech companies in 2018
10. Shantha Biotechnics Ltd (Sanofi)
It is an India based biotechnology farm founded in the year 1993. They have headquarters in Hyderabad, Telangana. They have developed, marketed and produced the ‘Recombinant human healthcare medicines ‘in India. They manufacture vaccines for several diseases like tetanus, diphtheria, influenza and cholera. They are the subsidiary of the Sanofi groups. They are also known to produce biosimilars.
9. Indian Immunologicals
Indian Immunologicals founded in the year of 1982 by the National Dairy Development Board (NDDB). They have manufacturing plants and biotechnology laboratories in Hyderabad, Rajkot and Ooty. It is known to be one of the top biotechnology companies in India. They manufacture a vaccine for foot and mouth diseases like a bacterial disease, hepatitis, measles, canine vaccines, rabies, MMR and DPT. They also produce veterinary biologics.
It is Danish-based Biotechnology Company having headquarter in Copenhagen, Denmark. It was established in 2000. They export their pharmaceuticals products in various countries which includes India also. They also export to China, Canada, the United States, the United Kingdom, Argentina Brazil and some others. They manufacture a wide range of products like pharmaceutical enzymes and ingredients of bioenergy, beverage, agriculture, and biopharma sectors. They mainly gained attention in the manufacture of enzymes.
7. Bharat Serum and vaccines limited
They have their headquarters in Mumbai, Maharashtra. Bharat Serum or Vaccines Limited was initiated in the year of 1971. They are India based biotechnological company which manufactures biotechnological and pharmaceutical products. They provide a wide range of pharmaceutical which covers significant medicines of medical fields. They mainly manufacture medicine of nephrology, critical care and haematology. They mainly gained attention for their production of pharmaceutical and biotech products.
6. GlaxoSmithKline pharmaceuticals limited
They are one of the most experienced and oldest biotechnological industries in India. They were first incorporated in the year of 1924. GlaxoSmithKline pharmaceuticals limited in world’s one of the top pharmaceutical company known for research-based health management centres. Their medicines range across major therapeutic areas like respiratory ailments, cardiovascular diseases, anti-infective, oncology, dermatology, diabetes, gynaecology etc. They are also known for providing vaccines for hepatitis A, rotavirus, influenza, chicken pox, hepatitis B, cervical cancer, pertussis, diphtheria and many others. They provide generics also.
5. Wockhardt Biotech Park
They have their headquarters in Mumbai, Maharashtra. They provide their services to 15 other countries around the world. They have huge network services and employs about 8,000 peoples around the globe. Wockhardt was established in 1967. Their premium products include pharmaceutical ingredients and biopharmaceutical formulations. They also manufacture a range of biosimilars.
4. Dr Reddy’s Laboratories
It is one of the famous biotech companies located in India and leads in this field. It was founded in the year 1984. Dr Reddy’s laboratory has headquarters in Hyderabad, Telangana. There are wide of pharmaceutical products manufactured from their laboratories. They export in abroad also which includes countries like North America, Africa, Europe and different countries of Asia. They produce pharmaceutical ingredients, biotechnological products and diagnostic kits. They manufacture small molecules also needed for many research and commercial purposes.
3. Panacea Biotec
They have their headquarters in New Delhi and were founded in the year 1984. They are research-based pharmaceutical company related to research sector and marketing of various natural products, pharmaceutical formulations and vaccines for several diseases. They provide services to more than 60 countries worldwide. They are India based health Management Company. Panacea is amongst the top biotechnological companies in India. They serve various fields of medical sciences which include orthopaedic, nephrology, respiratory, diabetology and many others by their high-quality products.
2. Serum Institute of India Ltd
It is an India based biotechnological company that produces immunological vaccines that drugs. They are the subsidiary of the Poonawalla group. It was incorporated in the year of 1966. They have their headquarters in Pune, Maharashtra. They are known to be the leading companies to produce the vaccines for Measles, Tetanus, Diphtheria, and Rubella in India. They are also among the major suppliers of vaccines and medicines to more than 100 countries around the world.
It is Bangalore, Karnataka based Biotechnology Company which is known to be a pure Indian Biopharmaceutical enterprise serving Indian biotechnological industries overages. It exports their biopharmaceutical products to the countries like America and Europe. They are known to possess two subsidiaries which are clinical research company Clinigene and the other is custom research company Syngene. They have their branches in over 70 countries. They are the leading biotechnological companies in India. Their range of services includes biosimilars, small molecules, novel molecules, branded formulations, research services etc. moreover they have attained most attention because of their biosimilar products.
Biotechnology mainly aims at using of microorganisms like bacteria, yeast, viruses etc in industry specific processes and manufacturing vaccines, medicines etc from them. They have a tremendous role in the field of medicine production, agriculture etc. It is a fast-growing sector providing a huge opportunity in the field of research, manufacture and also for the budding economy.