Indian Pharma industry is slowing moving up the value chain. Earlier it used to manufacture active pharmaceutical ingredient at low cost compared to world. Now with competition from China, which provides API at 15-20% low cost, it makes sense to shift focus elsewhere. Many top companies like Lupin, Novartis, Ranbaxy have less revenue stream from API than from formulations. There could also be the reason that formulation business has grown faster than APIs for some companies.
API is low scale commodity with low margin. Moreover, with a large number of patent expires in developed markets like the US and Europe, Indian companies, with skills to develop and manufacture low-cost generic drugs, see a much more lucrative opportunity there than utilizing their capacities for manufacturing APIs. Outside the US, India has the largest number of manufacturing facilities approved by the US Food and Drugs Administration.
Here, is a list of companies in India who are into manufacturing formulation drugs.
List of All Pharmaceutical Formulation Companies in India
Company Name: Abyss Pharma Pvt Ltd OldName: Group : Address: Corp Office B-121, Phase-1, Mayapuri Industrial Area, City: New Delhi ...
Company Name: Acacia Lifesciences Pvt Ltd OldName: Group : Biocon Group Address: Corp Office Plot No. 2, JN Pharma City ...
Company Name: Acara Bioherb Pvt Ltd OldName: Group : Address: Corp Office 282/A, 9th Main, 40th Cross 5th Block, Jayanagar ...
Company Name: Accure Labs Pvt Ltd OldName: Group : Address: Corp Office A - 44, Sector - 63, Noida City: ...
Company Name: Ace Biomed Pvt Ltd OldName: Group : Address: Corp Office Amar Tara Plastics Compound Saki - Vihar Road, ...
Company Name: Acme Formulation Pvt Ltd OldName: Group : Address: Corp Office Ropar Road, Nalagarh, City: Nalagarh 174101 Solan Himachal ...
Company Name: Acmechem Ltd OldName: Group : Address: Corp Office 9A, Saket Apartments, 9th Floor 2, Ho Chi Minh Sarani, ...
Company Name: Actavis Pharma Manufacturing Pvt Ltd OldName: Group : Allergan Address: Corp Office No 101 102 106 107 Sidco ...
Company Name: Actgen Pharma Pvt Ltd OldName: Group : Under Liquidation Address: Corp Office 601/A M Block Palm Court, Link ...
Company Name: Actimus Biosciences Pvt Ltd OldName: Group : Address: Corp Office Varun Towers, 4th Floor, Kasturiba Marg Siripuram City: ...