Top pharma companies in Bangalore

The pharmaceutical industry is just one of the many businesses and industries present in the bustling business centre of Bangalore. One of India’s top pharmaceutical hubs, the city is home to more than 280 pharmaceutical enterprises. Due to the increased demand for office and industrial space in locations where pharmaceutical companies are situated, the existence of these businesses has a substantial impact on Bangalore’s commercial property market. Bangalore’s sustained economic expansion is greatly influenced by the symbiotic interaction between the business environment and the real estate market.

 

Bangalore’s real estate market and corporate environment are inextricably linked, significantly contributing to the city’s sustained economic success. Pharma businesses are expanding the local economy, generating jobs, and raising the city’s property values. Innovative pharmaceutical and biotechnology research and development is a hallmark of Bangalore pharma companies.

See also: Top 10 logistic companies in Bangalore

 

Business landscape in Bangalore

Bangalore offers pharma businesses an extremely favourable business environment. Numerous domestic and international pharmaceutical companies are based in the city. These businesses have contributed to developing a dynamic ecosystem that benefits the pharmaceutical industry. Bangalore offers pharma businesses an extremely favourable business environment. Numerous domestic and international pharmaceutical companies are based in the city. These businesses have contributed to developing a dynamic ecosystem that benefits the pharmaceutical industry.

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Top pharma companies in Bangalore

 

Sun Pharmaceutical Industries

Industry– Pharmaceuticals

Sub-industry– Generics

Company type– Public limited

Location– Hebbal, Bengaluru, Karnataka 560024

Founding date– 1983

With activities in more than 100 nations, Sun Pharmaceutical Industries is a multinational pharmaceutical firm. The business creates, produces, and sells various branded and generic pharmaceutical products, including pills, capsules, injectables, and creams.

 

Syngene International

Industry– Pharmaceuticals

Sub-industry– Clinical research, development, and manufacturing

Company type– Private limited

Location– Bommasandra Industrial Area, Bengaluru, Karnataka 560099

Founding date– 1993

The pharmaceutical and biotechnology sectors receive clinical research, development, and manufacturing support from Syngene International, a global contract research organisation (CRO). 

 

Biocon

Industry– Pharmaceuticals

Sub-industry– Biopharmaceuticals

Company type– Public limited

Location– Bommasandra, Karnataka 560099

Founding date– 1978

Bangalore, India, is the home base for the international biopharmaceutical corporation Biocon. The business creates, produces, and sells a variety of biopharmaceuticals, such as insulin, vaccines, and biosimilars.

 

Strides Pharma Science

Industry– Pharmaceuticals

Sub-industry– Generics

Company type– Public limited

Location– Uttarahalli Hobli, Bengaluru, Karnataka 560076

Founding date– 1990

Bangalore, India, serves as the home base for the Indian pharmaceutical company Strides Pharma Science Limited. A wide variety of generic medications, including tablets, capsules, injectables, and creams, are developed, produced, and sold by the business.

 

IQVIA

Industry– Healthcare

Sub-industry– Clinical research

Company type– Public limited

Location– Sarjapur Outer Ring Rd, Bengaluru, Karnataka 560103

Founding date– 1982

A leading provider of data, analytics, and insights to the pharmaceutical, biological, and healthcare industries, IQVIA is a global leader in healthcare analytics. Quintiles and IMS Health combined to form the business in 1999.

 

Cipla

Industry– Pharmaceuticals

Sub-industry– Generics

Company type– Public limited

Location– Krishnarajapura, Bengaluru, Karnataka 560049

Founding date– 1935

Global pharmaceutical firm Cipla Limited has operations in more than 150 nations. The business creates, produces, and sells various branded and generic pharmaceuticals, including antibiotics, diabetes medications, and cardiovascular treatments.

 

Abbott India

Industry– Pharmaceuticals

Sub-industry– Branded generics

Company type– Public limited

Location– Mysore Rd, Pantarapalya, Bengaluru, 560039

Founding date– 1944

A division of the multinational healthcare corporation Abbott Laboratories is Abbott India Limited. A wide variety of branded generic medications, including vaccines, dietary supplements, and diagnostics, are developed, produced, and sold by the business.

 

Aurobindo Pharma

Industry– Pharmaceuticals

Sub-industry– Speciality medicines

Company type– Public limited

Location– Rachenahalli, Bengaluru, Karnataka 560045

Founding date– 1979

A subsidiary of the British-Swedish multinational pharmaceutical and biopharmaceutical business AstraZeneca PLC, AstraZeneca Pharma India Limited is based in India. The company has operations in more than 100 nations and has its headquarters in Bangalore, India.

 

AstraZeneca

Industry– Pharmaceuticals

Sub-Industry – Speciality Medicines

Company Type – MNC

Location: Block N1, 12th Floor Manyata Embassy Business Park, Rachenahalli, Outer Ring Road 560045 Bangalore

Founding date – 1979

In the year 1979, AstraZeneca India was established. The facility has an effective environment management system in place and is an ISO 14001-certified business. Through the dissemination of scientific knowledge to the medical community, the company promotes its products in a way that is customer-focused and value-adding while upholding a high standard of ethical business conduct. In Bangalore, one of the top pharmaceutical firms is AstraZeneca India.

 

Dove Pharmaceuticals

Industry – Pharmaceuticals

Sub-industry – Speciality Medicines

Company Type – MNC

Location – #14 Krumbigal (Near Lalbagh West Gate), Bangalore – 560 004

Founding Date – 1998

Dove Pharmaceuticals was established in 1998 and is a well-known pharmaceutical business in India. The company exports APIs to many nations, including Singapore, Thailand, Pakistan, the United Arab Emirates, Zimbabwe, and many other European nations. The company, which has a yearly revenue of Rs. 850 million (US$ 20 million), is a prominent Indenting agent, Importers, Traders, and stockist in Bangalore, India.

 

Commercial real estate demand in Bangalore

Office space- Numerous domestic and international pharmaceutical businesses are based in Bangalore. The need for office space is increasing due to the industry’s rapid expansion.

 

Rental property- The need for office space by pharmaceutical businesses is fueling a boom in Bangalore’s rental property sector. Bangalore’s average monthly rent for office space is roughly 100 rupees per square foot. However, in upscale areas like the Whitefield region, rent can be more expensive.

 

Impact- Bangalore’s economy benefits from the pharma industry’s increased demand for commercial real estate. The industry is generating income and jobs, which is assisting in the expansion of the economy. Additionally, the sector is luring investment, which boosts the economy even more.

 

Impact of pharmaceutical companies on Bangalore

A significant employer in Bangalore, the pharmaceutical sector employs thousands of people. According to a study by the Department of Commerce and Industries, Karnataka, Bangalore’s pharmaceutical industry employs more than 1.5 million people.

 

FAQs

Which pharmaceutical business in Bangalore is the best?

Innovation, long-term viability and healthcare are prioritised by AstraZeneca Pharma India Ltd., the top pharmaceutical firm in Bangalore.

Who is the leading pharma company?

Sun Pharmaceutical Corporation. Dilip Sanghvi established Sun Pharmaceutical Company. The organisation is at the top of the list of the largest pharmaceutical companies in India.

Who is the Indian Pharma Queen?

The CEO and Executive Director of Emcure Pharmaceuticals, a multinational pharmaceutical firm based in India, is Namita Thapar. She is one of the prominent women in business and investors in the pharmaceutical industry.

Whose pharmaceutical company is the oldest?

As one of the largest pharmaceutical corporations worldwide and the oldest continuously operational chemical and pharmaceutical enterprise, Merck was established in 1668. Merck operates in the Americas, Asia, Oceania, Europe, and Africa.

Where do pharmaceuticals stand in India?

The volume of medications produced by the Indian pharmaceutical sector places it third in the world. One of the most valued countries is the one with the largest pharmaceutical industry. In terms of valuation, it is now in position 14.

Who in India is credited with founding a pharmacy?

Since he led the pharmacy profession in the right way and served as an inspiration to numerous generations of chemists, Prof. Mahadeva Lal Schroff is regarded as the founder of pharmacy education in India.

What is the CEO of pharmaceuticals paid?

In the healthcare and pharmaceutical industries, the average CEO remuneration is Rs 27.0 lakhs a year, or Rs 2.3 lakhs monthly.

How many pharma companies does India have?

A robust system of over 10,500 manufacturing facilities and more than 3,000 pharmaceutical businesses can be found in India, which also has the most significant number of US-FDA-approved pharma plants outside of the US.

Pharmacists may make lakhs, right?

With less than one year of experience to six years of experience, a chemist's pay in India might range from one lakh to four lakhs, with an average yearly compensation of 2.3 lakhs based on the 3.2k most recent wages.

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