Given the abundance of growing healthcare concerns (chronic diseases, generic disease, and more), the healthcare and pharmaceutical industry has witnessed huge rise in the past few years, while COVID-19 prevalence has boosted it. Low cost of production and R&D has increased efficiency of Indian pharma companies, leading to competitive exports. Today, India is a major exporter of pharmaceuticals, exporting Indian pharmaceuticals to over 200 countries. India supplies over 50 percent of Africa's pharma requirement for generics, including 40 percent of generic demands in the US and 25 percent of all medicine in the UK. India also accounts for 60 percent of global vaccine supplies, and is a leading supplier of DPT, BCG and Measles vaccines. Also, 70 percent of WHO’s vaccines (as per the essential Immunization schedule) are sourced from India. The domestic pharmaceutical industry includes a network of 3,000 drug companies and 10,500 manufacturing units in the country. While the pharmaceutical industry in India was valued at $50 billion recently, it is expected to reach $65 billion by 2024 and to $120 billion by 2030. Comprehending the burgeoning pharmaceutical demands of the geographies, including the renowned pharma companies, there are many startups backing the pharmaceutical industry in India today leveraging their high-quality pharma products.
Pharma Industry Outlook in this issue presents a list of ‘Top 10...
Our subscribers play a decisive role in finalization of our annual list of Top 10 Pharmaceutical Startups - 2022 by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
 | Amazeal Life Science | A nascent pharmaceutical organization, assembled to provide high quality branded drugs to treat acute as well as chronic diseases |
 | Axxelent Pharma Science | Well positioned in the space of CDMO, offers comprehensive solutions for various dosage forms from development to manufacturing of oral solid dosage, injectable, ophthalmic, oral liquids and topicals |
 | Cosworth Biocare | Focuses strongly on Innovation and Research, thecompany is present in many areas spread across the specialties, including gastrointestinal, haematinics, multivitamin, antiinfectives & antibiotics, and immunologicals |
 | Furbo Pharma | One of the top pharmaceutical companies offering a diverse range of drugs for pain management, infection management, gastric disorder management and others |
 | Lupin | The firm has nvested in research, continuous learning and technology to develop high quality and affordable medicines to address unmet patient needs |
 | Nuvox Healthcare | Provides product and services for healthcare including medicines of Freezdol, MobiPlus, Neo LC, Symtone, T-Boost, Topup D3 and many |
 | Pandorum Technologies | With research and development for functional tissues with cells, gels, and cell modulators, using self-assembly, 3D printing, and other fabrication methods the startup is helping in betterment of human health |
 | Torrent Pharmaceuticals | The firm has a significant presence in diabetology, pain management, gynaecology, oncology and anti-infective segments |
 | Varenyam Healthcare | Provides high-quality injectables with consistent quality for better patient care and working constantly to innovate in newer molecules |
 | Zydus Lifesciences | It has dedicated itself to the welfare of people and community with unmatched services in the sector of Pharmaceuticals |
