Top 20 Pharmaceutical Companies in Mumbai: A Hub for Healthcare Innovation

Being one of the financial capitals in India, Mumbai is major pharmaceutical industry hub. In addition to having good infrastructural foundation with suitably skilled workforce and blossoming the ecosystem of research, the city is one of the top most players in the world from the health industry perspective. The pharmaceutical companies in the city have been a major innovation, manufacturing, and distribution hub, playing a huge role not only in the domestic health market but also in international health markets. In this blog, we will see why Mumbai is the hub of the pharmaceutical industry and why the world’s most renowned pharmaceutical companies are based here.

Why Mumbai ?

It is because of these factors that Mumbai has established itself as a leading center for pharmaceutical companies in India. Due to its proximity to major ports, the transportation network here makes it ideal for exporting and importing pharmaceutical products. It improves its infrastructure and becomes even more attractive with a large pool of skilled talent from the prestigious educational institutions.

Besides, Mumbai is a financial and commercial city that allows pharmaceutical companies access to funding and investment opportunities for research and development. The facilitating government policies and regulatory framework will also foster the growth of pharmaceutical companies in Mumbai.

Key Factors to Consider When Choosing Pharmaceutical Companies in Mumbai

There are many factors that have to be taken into account while selecting pharmaceutical companies in Mumbai. The first and most important thing considered is the commitment of the company toward quality control and international standards. Pharmaceutical companies sticking strictly to regulations and benchmarks on matters of quality ensure the products developed by them are safe and effective for local and international markets.

Another critical factor is the amount of research and development. Pharmaceutical companies in Mumbai that place a lot of investment in R&D can innovate and come up with new drugs, which are going to drive healthcare industry trends significantly. Companies specializing in generic drugs, biotechnology, and even vaccine production are all critical to the pharmaceutical supply chain around the world.

Another consideration is market presence, and larger companies with a market share generally have established networks of distribution and international presence. Then, growing pharmaceutical companies will be influenced by their future growth, innovative products, and market differentiation.

List of Top 20 Pharmaceutical Companies in Mumbai

1. Supermax Laboratories and Pharma

Supermax Pharma is one of the leading pharmaceutical companies in India, based out of Mumbai, with a branch office at Delhi. This is one of the biggest players in the Indian pharmaceutical sector, offering services in the field of Pharma PCD, which includes propaganda and distribution. Among the best Pharma PCD companies in India, it has been offering some of the widest ranges of high-quality pharmaceutical products and services. Ensuring health professionals and patients entrust Supermax Pharma for creating trust in the quality and efficiency of its products. Moreover, with a strong network, they act as an important link and play a vital role to promote health and wellness not only across India but have also expanded business opportunities to people in every sector of the pharmaceutical sector.

Website: supermaxlaboratories.com

2. Sun Pharmaceutical Industries Ltd.

Sun Pharmaceutical Industries Ltd. (Sun Pharma) is one of the global leaders in specialty generic pharmaceutical companies, ranked fourth largest in the world. The company earns global revenues of US$ 5.4 billion and has a strong presence in over 100 countries. It delivers high-quality, affordable medicines through its network of 43 state-of-the-art manufacturing facilities. Sun Pharma is trusted by both healthcare professionals and patients, with the goal of improving global healthcare through its innovative pharmaceutical solutions.

Website: sunpharma.com

3. Titan Pharma India Pvt Ltd

Titan Laboratories is a company set up in 2006 that specializes in the development of advanced solutions in pharmaceutical manufacturing services such as pellets, granules, tablets, and capsules. Extensively experienced in these lines of products, the company prides itself on offering superior analytical services in the formulation and packaging of both solid and semi-solid finished products. Titan Laboratories provides comprehensive solutions for the total concept-to-commercialization needs of their customers to ensure top-grade pellets, granules, and finished formulations delivery.

Website: titan-lab.com

4. Oceanic Pharmachem Pvt. LTD

Oceanic Pharmachem Pvt. Ltd. (OPPL) was established on 2 May 1997 by Mr. J. J. Shah, with more than 40 years of experience in the industry. OPPL was established to specifically cater to the pharmaceutical and fine chemicals requirements of multinational and international companies. The company focuses on developing APIs and offers extensive assistance to manufacturers in achieving their necessary regulatory clearances in several regions, such as the Japanese FMA, PMDA registration in Japan, KDMF in Korea, and COS registration in Europe. OPPL’s primary core competency is its international expertise in regulatory compliance, which goes along with API development.

Website: www.oceanicpharmachem.com

5. Macleods Pharmaceuticals Ltd

It is an entity established back in 1989 which mainly specializes in the formulation development, manufacturing, and marketing of a diversified range of formulations across major therapeutic areas, like anti-infectives, cardiovascular, anti-diabetic, dermatology, and hormone treatment. Guided by the strong belief that healing will lead to wellness, the company will work with a sharp focus on its vision towards developing innovative health care products while working for better global health outcomes and medical care advancements.

Website: www.macleodspharma.com

6. Servier india private limited

Servier India was established in the year 1985 as an associate of the Servier Group. The company since its inception focuses on pharmaceutical products that improve the lives of patients across India. It has been in the market for more than three decades and has a strong pan-India presence with around 580 employees working under it. The aggressive pursuit of innovation in its key areas of therapy-in cardio-metabolism, neuroscience, venous diseases, and oncology-leads to Servier India. Each company team, with their seamless synergy, will work cohesively towards providing groundbreaking solutions to fulfill the evolving needs of the patient at present and into the future.

Website: servier.in

7. Pharmax India Private Limited

Pharmax India Private Limited is a major drug manufacturing, distribution, and exporting pharmaceutical company known to manufacture and export quality formulations. Its commitment to excellence with stringent standards in its formulation ensures precision and efficacy under the guidance of some of the most experienced pharmaceutical experts in the field. The ingredients are sourced directly from only approved vendors and guarantee integrity and potency in its finished products. Pharmax offers a wide range of formulations including injections in liquid and dry powder forms, beta-lactam and non-beta-lactam varieties, oral syrups, eye and ear drops, tablets, capsules, and softgel capsules, all prepared according to I.P., BP, and USP pharmacopoeia.

Website: www.pharmaxindia.com

8. Entod Pharmaceuticals Ltd

ENTOD Pharmaceuticals is a research-based pharmaceutical company with more than 30 years of experience in the areas of Ophthalmology, ENT, and Dermatology. The company has more than 130 finished ophthalmic formulations in its diverse portfolio and over 1,000 dedicated professionals working as its global field force. With highly experienced teams in Quality Assurance, Production, and R&D, ENTOD Pharmaceuticals has built a strong presence in more than 55 countries, including the EU, UK, Africa, and Asia. The quality systems of the company are certified in Europe, and its manufacturing standards are in compliance with international GMP norms, thereby providing the highest quality products for patients worldwide.

Website: entodpharma.com

9. Dotcom Pharma

Dotcom Pharma is indeed an ahead-thinking pharmaceutical with finished formulation business, as far as a veterinary business goes. At the end of the day, it adheres to what it upholds with utmost passion which include: core values on people trust, value &technology. With a vision to be recognized as the Partner of Choice, Dotcom Pharma combines its manufacturing expertise with a commitment to quality, supported by a team of professionals in quality manufacturing, marketing, and other key functions. The company is dedicated to providing high-quality solutions for the global pharmaceutical market.

Website: dotcompharmaindia.com

10. Aarey Drugs & Pharmaceuticals Ltd.

Aarey Drugs & Pharmaceuticals Limited, which is a company established in the year 1990, specializes in the manufacturing of APIs and intermediates and specialty chemicals. It also engages itself in trading industrial solvents and chemicals. Pharmaceutical products of this company cater to well-established manufacturers of pharmaceutical formulations and merchant exporters. Its range of diversified industrial chemicals and solvents supports cost efficiency and serves the global supply chain. Aarey Drugs & Pharmaceuticals is listed on the Bombay Stock Exchange and is a closely held family business, always keeping the best interests of its stakeholders in mind.

Website: aareydrugs.com

11. Rusan Pharma Ltd.

Rusan Pharma Ltd. is a fully integrated global pharmaceutical company with an expertise in the treatment of addiction and pain management. It has a wide range of de-addiction and pain management products for countries in Europe, the UK, Russia, CIS, South Africa, Mauritius, Nepal, and Myanmar. Rusan Pharma is the leading distributor of lifesaving drugs to agencies such as NACO, UNODC, UNOPS, Global Fund, and other Health Ministries across emerging markets. The firm has worked hard to mainstream Opioid Substitution Treatment (OST) since 1994 in India with the involvement of various stakeholders.

Website: www.rusanpharma.com

12. Naxpar Pharma Pvt. Ltd.

Found in 1985 by the Shah brothers Mr. Prakash M. Shah and Mr. Baiju M. Shah, The Naxpar Group filled a gap identified in the Indian pharmaceutical sector with its quality-driven service offerings in manufacturing pharmaceuticals and cosmetics. Naxpar has significantly expanded its coverage to various territories and increased production capacity throughout the years. The company, listed on the Bombay Stock Exchange (BSE) under the name “Parnax Lab Ltd” with a script code of 506128, was driven by the management by the two sons of founders: Mr. Mihir P. Shah and Mr. Binoy B. Shah. These two focus relentlessly on realizing the full potential for Naxpar with their commitment to professionalism as well as differentiated service to cater to industry needs. Headquartered in Mumbai, India.

Website: naxparlab.com

13. Glaxo Smithkline Pharmaceuticals Ltd

They are a global biopharma company inspired by the mission to unite science, technology, and talent to stay ahead of disease. They aim to make a positive difference in the health of 2.5 billion people over the next decade. They have ambitious growth plans and an important performance improvement agenda. Their passion for innovation and excellence enables outstanding individuals to thrive and make a meaningful difference in the lives of patients worldwide.

Website: india-pharma.gsk.com 

14. Ajanta Pharma Ltd

Ajanta Pharma operates seven state-of-the-art manufacturing facilities in India, of which six are for finished formulations and one is for the production of Active Pharmaceutical Ingredients (APIs) primarily for internal use. The company’s facilities in Paithan, Maharashtra, and Dahej, Gujarat, are approved by stringent authorities like the US FDA and WHO. Ajanta Pharma has secured the trust of healthcare providers and patients in over 30 countries. The company has been able to deliver good-quality medicines through its streamlined supply chain. Its greatest strength is in R&D with over 800 scientists committed to the production of innovative complex products relevant to the international patient community.

Website: www.ajantapharma.com

15. USV Private Limited

Founded in 1961, the company began its operations with its first formulation plant built to American standards, commissioned in 1962. They expanded further with an API facility in 1989, marking the beginning of their success in manufacturing. The biotechnology research started in 1998, and they launched their first indigenously developed product in 2010. The company today operates in a diverse portfolio which encompasses solid orals, injectables, ophthalmics, biosimilars, biological reagents, peptides, APIs, and custom peptide services. It has over 65 countries of global operations and is known for a solid reputation as a reliable healthcare partner to leading healthcare companies across the globe.

Website: www.usvindia.com

16. Theon Pharmaceuticals Ltd

The company strives for continuous improvement in every aspect of its operations, from product development and manufacturing to customer service. With state-of-the-art technology and techniques, the company maintains the highest standards in the development and production of its products. With a team of experienced scientists and technicians, they continually find new approaches to improve processes and outcomes. It is the top GMP-WHO certified company in Baddi, Himachal Pradesh, to deliver innovative solutions that can meet the highest quality standards in the pharmaceutical industry.

Website: www.theonpharma.com

17. Micro Labs Limited

The company is a technology-driven multi-dimensional pharmaceutical organization with the state of the art manufacturing capabilities in various therapeutic areas such as cardiology, diabetology, pain management, dermatology, ophthalmology, and neurology. With a commitment to “unlocking the power of science,” the company seeks access to innovative medicines to increase affordability and enhance health outcomes and its impact on people’s lives. They are spreading across various Indian states with job creation and support to social responsibility initiatives in education, healthcare, rural development, and environmental protection through championing the “Make-in-India” initiative. In the years to come, the company will continue to invest in finding, developing, and commercializing novel medicines, with emphasis on digital health trends and excellence in commercialization as drivers for the next ten years.

Website: www.microlabsltd.com

18. Cipla Pharmacauticals Limited

Cipla is a care-based organization that has the philosophy of “Caring for Life”. The company operates in more than 80 countries and offers more than 1,500 products across various therapeutic categories and 50+ dosage forms. Cipla’s vision is to make healthcare accessible and affordable to every individual across the globe with a focus on key markets like India, South Africa, and the U.S., among other emerging economies. Cipla has for more than eight decades, been committed to making a difference in patients’ lives. It is through landmark initiatives such as introducing affordable triple antiretroviral therapy for HIV/AIDS in Africa in 2001. Cipla is a responsible corporate citizen, with a humanitarian approach and strong community connections that make it a trusted partner for global health organizations and stakeholders.

Website: www.cipla.com

19. Usan Pharmaceuticals Private Limited

 The pharmaceutical private limited company, Usan Pharmaceuticals Pvt. Ltd., was started in 1952 by Usan Laboratories with three sister concern companies. Amongst Indian pharmaceutical export houses, the company stands in the forefront. All of these have been achieved with dedication and relentless efforts from the company. With the vision of the late Mr. Navin Jaswa and Mr. Pratap Jaswa, Usan Pharmaceuticals is committed to serving humanity worldwide with affordable and effective pharmaceutical products. The continued success of this company forms the dedication to carrying through on this mission for people throughout the world.

Website: www.usanpharma.com

20. Emil Pharmaceutical Industries Pvt. Ltd.

Established by technocrats in 1989, Emil Pharmaceutical Industries Private Limited is the manufacturer and marketer of pharmaceutical and nutraceutical formulations over the past 30 years. The Company’s Headquartered in Mumbai, India; Manufacturing Units are situated at Tarapur Industrial area approximately 100 km from the city of Mumbai. Utilizing State of Art equipment, strict standards of quality, and ultra-modern facilities, it has won considerable success. The company strictly adheres to guidelines from WHO-GMP and received approvals by the authorities of all regions of the world-from Africa to Latin America to Southeast Asia to CIS, which leaves the company’s strong grip globally.

Website: www.emilpharma.in

Emerging Trends in the Pharmaceutical Sector in Mumbai

The pharmaceutical sector in Mumbai is always evolving. Its biggest trend is digital transformation. Most pharmaceutical companies operating in Mumbai are embracing the integration of advanced technologies, for instance, AI, machine learning, and data analytics, with their manufacturing processes to produce better drugs and optimize their supply chain.

Another growing trend is on the side of biotechnology and personalized medicine. Mumbai has become a yardstick for biotech start-ups to corporates who are revolutionizing treatments and therapies in the area of oncology, immunology, genetic disorders, etc. Innovation in this area may be expected to revolutionize health care not only in Mumbai but globally.

Indian pharmaceutical companies, including those based in Mumbai, have also witnessed the emergence of vaccines and treatments for diseases that are arising. As pharmaceutical companies in Mumbai take an aggressive stand in global health needs with a well-developed network of contract manufacturing facilities, access to essential medicines all over the world becomes achievable.

Conclusion

The growth of pharmaceuticals will never end in Mumbai. Strategically located, an efficient working force, and innovative companies will keep these pharmaceutical houses in the light of the global healthcare arena. The companies in the city of Mumbai have impacted the global health sector widely because it is producing a wide range of products catering to the varied needs of medicines. Be it the development of life-saving medicines, advance of biotechnology, or the production of reasonably priced generic drugs, Mumbai retains a central position in pharmaceutical science.

This is an ecosystem of established companies, startups, and research institutions that will propel the pharmaceutical sector in the city further into health care progress and well-being worldwide.