Industry Analysis of Top 10 Pharmaceutical Companies in Baddi

The top 10 pharmaceutical companies in Baddi form an integral part of the pharmaceutical industry in India. The pharmaceutical market in India was valued at around $27 billion at the end of 2017 and is forecasted to grow at a CAGR of over 5% for the next five years to surpass $60 billion by 2022. The Indian pharmaceutical industry is a global leader constituting almost 20% of the global export volume of generic drugs in the world. The top 10 pharma companies in Baddi comprise a significant share of the pharmaceutical production in India and the top list of pharma companies in Baddi include global players who have invested in the pharmaceutical industry in India. The top pharma companies in Baddi Himachal Pradesh are thriving owing to favorable initiatives taken by the Government to exempt excise duties for most of the pharmaceutical companies in Baddi.

The primary factors that are compelling the growth of the top 10 pharmaceutical companies in Baddi are the abundance of natural resources, easily available space for setting up manufacturing facilities, and favorable support from the Government. Baddi is an industrial town in Himachal Pradesh and the pharma companies in Baddi Himachal Pradesh were established in 2002 after a fortunate visit of the Prime Minister of India who foresaw a thriving opportunity for the top 10 pharma companies in Baddi in the pharmaceutical industry in India. The list of pharma companies in Baddi is highly extensive with many top pharmaceutical companies in Baddi making huge investments in the region. The top 10 pharmaceutical companies in Baddi are focusing on expanding their production capacities to cater to the surging demand from the pharmaceutical industry in India and as well as for pharma exporters in India.

List of Top 10 Pharmaceutical Companies in Baddi

1. Abbott Healthcare

Abbott Healthcare is one of the top 10 pharmaceutical companies in Baddi and this global pharma company was originally founded in Chicago in 1888 by Wallace Calvin Abbott. This top 10 pharma company in Baddi is a leading manufacturer and exporter of generic drugs on the list of pharma companies in Baddi and its huge manufacturing plant is in Sai Road in Baddi. This pharmaceutical company in Baddi manufactures capsules, ointments, tablets, injections, and cough syrups for the pharmaceutical industry in India.

Company Profile of Abbott India Ltd

2. Glenmark Pharmaceuticals

Glenmark Pharmaceuticals is another one of the top 10 pharmaceutical companies in Baddi and one of the best pharma companies in Baddi Himachal Pradesh. Glenmark Pharmaceuticals was established in 1977 by Gracias Saldanha at Mumbai, India. Today, this top 10 pharma companies in Baddi on the list of pharma companies in Baddi is ranked as the fourth-largest pharmaceutical manufacturing company in India. This pharmaceutical company in Baddi has an annual revenue of more than $1 billion and owns an extensive R&D center at Sinnar, Maharashtra.

Company Profile of Glenmark Pharmaceuticals

3. Able Pharma

Able Pharma is a top 10 pharma company in Baddi with an imminent presence in the Indian biotechnology sector. This top 10 pharmaceutical company in Baddi was established in 2003 with an aim to establish a name in the biotechnology industry of India. Able Pharma, one of the leading pharma companies in Baddi Himachal Pradesh manufactures over 200 brands of drugs such as anti-diabetic tablets, NSAIDs, dermal products, gastrointestinal drugs, anti-fungal and anti-bacterial ointments, and nutritional supplements. This pharmaceutical company in Baddi has over 50 employees and legally owns most of the patent for the medicines produced by this top 10 pharmaceutical company in Baddi.

Company Profile of Able Pharma India

4. Acme Formulations Private Limited

Acme Formulations Private Limited is another top 10 pharmaceutical company in Baddi and is the top supplier of contract drug manufacturing and development for the pharmaceutical industry in India. This top 10 pharma companies in Baddi was established in 2004 at Solan District, Himachal Pradesh. Acme Formulations Private Limited features on the top list pharma companies in Baddi and has a highly equipped manufacturing plant spread across almost 20,000 square feet surrounded by greenery and away from any polluting industry. Acme Baddi manufactures a variety of generic drugs such as medicines for liver, analgesics, antacids, antibiotics, and cardiovascular tablets.

Company Profile of Acme Formulations Pvt Ltd

5. Alliance World India

Alliance World India is one of the top 10 pharma companies in Baddi on the extensive list of pharma companies in Baddi. This top 10 pharmaceutical company in Baddi is one of the best pharma companies in Baddi Himachal Pradesh and has more than 2500 professionals working for this top pharmaceutical company in Baddi. Alliance World India has an annual revenue of around $10 million and specializes in products for hand hygiene, surface and instrument disinfectants, and disinfectants for the environment. This top 10 pharmaceutical company in Baddi has a state of the art manufacturing plant at Bhatoli Kalan village, Himachal Pradesh.

Company Profile of Alliance World India

6. Alves Health Care

Alves Health Care is one of the top 10 pharmaceutical companies in Baddi and manufactures a diverse range of therapeutic and generic drugs from a WHO-approved manufacturing plant in Baddi, Himachal Pradesh. This top 10 pharma company in Baddi was established in 1990 under the patronage of Randolph C Alves who is a double graduate in Law and Economics. Alves Healthcare has a state of the art cGMP certified manufacturing plant in the excise exempted zone of Himachal Pradesh and is one of the best pharma companies in Baddi Himachal Pradesh.

Company Profile of Alves Health Care

7. Morepen Laboratories

Morepen is one of the best pharma companies in Baddi Himachal Pradesh and this top pharmaceutical company in Baddi was founded in 1993 by KB Suri with its headquarters in New Delhi, India. Morepen, one of the top 10 pharmaceutical companies in Baddi has an extensive manufacturing plant in Baddi and exports a range of drugs to more than 40 countries across the world. This one of the top 10 pharma companies in Baddi is one of the largest manufacturers of Active Pharmaceutical Ingredients (API) having more than 70 patents for the company.

Company Profile of Morepen Laboratories India

8. Unichem Laboratories

Unichem Laboratories is one of the best pharma companies in Baddi Himachal Pradesh among the top list of pharma companies in Baddi. This top 10 pharmaceutical company in Baddi was established in 1944 by Amrut Mody at Mumbai, India. This one of the top 10 pharma companies in Baddi has more than 5,000 employees across the country and generates an annual net income of around $25 million. Furthermore, Unichem Laboratories has 7 manufacturing plants across India to cater to the growing demand in the pharmaceutical industry in India.

Company Profile of Unichem Laboratories

9. Preet Remedies Private Limited

Preet Remedies Private Limited is one of the top 10 pharmaceutical companies in Baddi and has been associated with the pharmaceutical industry in India for over two decades. Preet Remedies Private Limited was founded in 2005 and this top 10 pharma company in Baddi has its headquarters at Chandigarh, India. This pharmaceutical company in Baddi features regularly on the best list of pharma companies in Baddi and manufactures capsules, ointments, tablets, and lotions besides pharma equipment such as granulators, mass mixers, sifters, and cage blenders.

Company Profile of Preet Remedies Pvt Ltd

10. Radico Remedies

Radico Remedies is a leading pharmaceutical company in Baddi on the list of pharma companies in Baddi. Radico Remedies was founded in 1981 by KS Sawhney at Ghaziabad, India. This top 10 pharmaceutical company in Baddi has a state of the manufacturing plant at Brotivala in Baddi district of Himachal Pradesh and manufactures analgesic and anti-inflammatory drugs in the form of tablets, syrups, and capsules. This top 10 pharma company in Baddi is also a leading exporter of pharmaceuticals from Baddi.

Company Profile of Radico Remedies

Future Course of the Top 10 Pharmaceutical Companies in Baddi

The pharmaceutical industry in India is one of the largest providing countries of generic medicines across the world and the top 10 pharmaceutical companies in Baddi are expected to maintain a steady growth for the next few years. The best pharma companies in Baddi Himachal Pradesh are thriving due to favorable regulations and tax exemptions provided by the Government to promote the list of pharma companies in Baddi. The top 10 pharma companies in Baddi are expanding their production capacities as the Baddi, an industrial town in Himachal Pradesh is gradually transforming into a hub for manufacturing of pharmaceuticals in the country. The growing popularity of the top 10 pharmaceutical companies in Baddi is driven by the green environment of the region, pollution free atmosphere, and abundance of natural resources. Overall, the top 10 pharma companies in Baddi are likely to continue their growth curve for the next few years as Baddi gets established as the pharma capital of India.

Other Prominent Pharmaceuticals Companies in Baddi

Aarge Formulations	Smilax Health Care Pvt Ltd
Magbro Healthcare Pvt Ltd.	Visa Drugs & Pharmaceuticals Pvt Ltd
Admac solution	Helios Pharmaceuticals
Adley formulations	Venus Biosciences Pvt Ltd
Atlantic Biotech	Transasia Bio Medicals Ltd
Kaizen Pharmaceuticals	Zeiss Pharmaceuticals Pvt Ltd
Anrose Pharma	Cosmo Life Sciences Pvt Ltd
Lancer Pharmaceuticals	Sb Lifesciences
Panacea Biotec Pvt Ltd	Hetero Drugs Ltd
Pinnacle Life Sciences Pvt Ltd	Solrex Pharmaceuticals
Indchemie Health Specialities Pvt Ltd	Health Biotech Pvt Ltd
Arion Healthcare	Neptune Life Sciences Pvt Ltd
Zydus Cadila Health Care Ltd	Brooks Laboratories Ltd
Ind Swift Ltd Unit Three	Martin & Brown Bio-Sciences
Cipla Ltd	Alembic Ltd
Gmh Laboratories	Affy Pharma PVT LTD