Top 10 Pharmaceutical Startups - 2022

Top 10 Pharmaceutical Startups - 2022

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...

Top 10 Pharmaceutical Startups - 2022

Amazeal Life Science 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 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 Cosworth Biocare Focuses strongly on Innovation and Research, the company is present in many areas spread across the specialties, including gastrointestinal, haematinics, multivitamin, antiinfectives & antibiotics, and immunologicals
Furbo Pharma 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 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 Nuvox Healthcare Provides product and services for healthcare including medicines of Freezdol, MobiPlus, Neo LC, Symtone, T-Boost, Topup D3 and many
Pandorum Technologies 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 Torrent Pharmaceuticals The firm has a significant presence in diabetology, pain management, gynaecology, oncology and anti-infective segments
Varenyam Healthcare Varenyam Healthcare Provides high-quality injectables with consistent quality for better patient care and working constantly to innovate in newer molecules
Zydus Lifesciences Zydus Lifesciences It has dedicated itself to the welfare of people and community with unmatched services in the sector of Pharmaceuticals