Top ten Bio Pharmaceutical companies in India as term of revenues.
- Hello, Pharma stuff blog viewers happy to share the top ten Bio pharmaceutical companies in the world.
- The world pharma industry is responsible for the research, drug development, production, and distribution of medicines. Just like the coronavirus, the world is seeking vaccines from pharmaceutical companies. vaccine.
- World pharma companies have extraordinary growth experienced over the years.
- The global value of the drug sector is estimated at $6.65 trillion u.s dollars in the year 2020. top 35 pharma companies double their market capitalization from us$1.6 trillion to 3.6 trillion in 2020.
- The fastest-growing areas in pharma as china pharma, branded pharma, animal health, and biotechnology.
- The largest growth areas are biologics, blood products, and vaccines. In biotechnology, china, and the united states are lead producers. pharmaceutical companies mainly depend on their research and development. so most of the companies spend 20% of their sales revenue on R & D projects.
- Serum institute of india ltd leads the Indian Biopharmaceutical industry with no 1 position
- Serum Institute of India Ltd continues to lead the Indian biopharmaceutical industry with revenue of Rs 5014 crore followed by Biocon (Rs 4487 crore) and Novo Nordisk with Rs 1465 crore.
- Top 3 biopharma companies of Serum Institute of India Ltd, Biocon Ltd,Novo Nordisk India Pvt Ltd contribute to 43% of the total biopharma industry
- Top 10 biopharma companies contribute to 71% of the total biopharma industry.
Here just I mention top ten Bio pharmaceutical company names with their revenue growth from financial year 2019 - 20 and compare previous year 2018 - 19
1) Serum Institute of India Ltd (5014 Cr)
2) Biocon Ltd ( 4487 Cr)
3) Novo Nordisk India Pvt Ltd (1465 Cr)
4) Bharat Biotech International Ltd (1066 Cr)
5) Glaxosmithkline Pharmaceuticals Ltd (1065 Cr)
6) Sanofi India Ltd (1052 Cr)
7) Biological E Ltd (1040 Cr)
8) Reliance Life Science Pvt Ltd (1018 Cr)
9) Bharat Serums & Vaccines Ltd (917 Cr)
10) Intas Pharmaceuticals Ltd (850 Cr)