Biotechnology Companies is derived from technological adaptation for biological systems. It is an emerging field in the world of science. With the advancement in science and technology, biotechnology was made possible.
It aims to eliminate some of the major issues like eradicating hunger, reducing environmental footprint, and combatting rare diseases. Biotechnology makes use of organisms, cells, or cellular components to develop new technology which works towards creating a sustainable environment.
The alarming rate at which global warming increases has led to the requirement for advancement in biotechnology which will help to transform the world for the better.
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Status of Biotechnology in India
Biotechnology was introduced centuries earlier but it came into action in the past few decades. It embarked on its journey to expand Indian Biotechnology and compete with other nations in 1986.
Initially, Biotechnology was only used for agricultural purposes in India. Over the course of time, it stands as one of the largest countries for biotechnology in Asia. Globally, Indian technology enjoys a dignified position in the biotechnology industry.
Biotechnology in India helps in the advancement of science wholly with blooming inventions in the field of medicine, health, genetic engineering, agriculture, animal husbandry, pharmaceutical, and much more.
List of Top 10 Biotechnology Companies in India 2022
Serum Institute of India
Serum Institute of India is a biotechnology company infrastructured in 1996 with headquarters in Pune. It is considered as one of the top most biotechnology companies in India. It played a significant role during the covid years in providing vaccines all over India.
It functions on a global level serving vaccines in 170 countries. Statistically, it is assumed that about 65% of children in India have received at least one vaccine that is manufactured by the Serum Institute of India
Besides its specialization in Vaccine manufacturing, it also manufactures polio drops, medicines, tablets, etc. The company has also built a biotechnology park in Pune which commits to manufacturing pharmaceutical products of high quality.
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Biocon Ltd is a biopharmaceutical company that has been the most prominent in the industry. The company was established in 1978 in Bengaluru and over the years, it has received immense recognition from around the world. It operates in 120 countries supplying generic medicines.
Biocon Ltd is one of the oldest pharmaceutical companies in India that started its business by manufacturing and exporting plant enzymes. It supplies diabetic medicines, generic medicines, biosimilars, therapeutic treatments for cancer and patients with immune dysfunctions.
The therapies provided by the company are affordable just like their high-quality medicines which are cost-efficient. The company has received an extensive range of awards for its excellence on national and international levels.
Novo Nordisk is a Denmark-based company that has created a significant spot for itself among the top biotechnology companies in India. The multinational company operates in 9 countries inclusive of India.
It has been working on supplying medicines and treatment for patients with chronic diseases. The company has gained a century-old experience in the industry and has been providing healthcare services ever since its inception.
Novo Nordisk also allows advantageous job opportunities that allow individuals to learn and grow in the industry. It highly focuses on chronic diseases like obesity, rare diseases, and diabetes. The company is trying to come up with a long-term solution for these diseases by providing treatment and therapy for the same.
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Panacea Biotec Ltd
Panacea Biotec Ltd is a biopharmaceutical company that engages in research and development, marketing, manufacturing, and distribution of high-quality pharmaceutical products. The company was incorporated in 1984 in New Delhi with the aim of meeting people’s healthcare needs.
It started with formulations of vaccines and moved on to formulating other pharmaceutical products. As of now, Panacea Biotec has been listed as a multinational company that has a high global value.
It is also considered as the top most biotechnology companies in India.
Shantha Biotech is highly concerned with manufacturing and marketing healthcare products. The biotechnological company was established in Hyderabad in 1993. It caters to the needs of patients on an international scale as well. Shantha Biotech also manufactures for foundations like UNICEF and PAHO.
Initially, it started to manufacture affordable drugs for common people and moved on to building a research and development centre. It is considered as a pioneer in biotechnology.
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Indian Immunologicals Ltd
Indian Immunologicals Ltd is a biotechnology company that not only deals with providing medical facilities for humans but also animals. It is one of the leading biotechnology companies in India.
It offers treatment and medicines for diseases like rabies, Hepatitis, tetanus, and diphtheria for human health. Whereas for animal health, it provides treatments and formulations that are available in veterinary centres.
Wockhardt Ltd is a biopharmaceutical company that creates formulations, nutritional products, vaccines, and treatments for chronic diseases. The company also participates actively in its CSR activities which is noteworthy. Among the six manufacturing units, one is a biotech park that is constructed in Aurangabad.
The vaccines and other pharmaceutical products are considered cutting-edge technology and of high quality which provides Wockhardt with a competitive upper hand.
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SIRO Clinpharm provides medicinal solutions to the healthcare industry on a global level. Its expertise in biotechnology gives them an edge over other biotechnological companies as they specialize in oncology, diabetes, infectious diseases, and cardiology.
It has an experience of over two decades of providing clinical solutions with about 300 clinical trials.
Saamya Biotech India
Saamya biotech is a recently established company that started functioning in 2002 with headquarters in Hyderabad. It manufactures new-generation biotechnology which aims to provide high-value biotech products.
It is considered as one of the top biotechnology companies in India. The company operates with a world-class infrastructure providing healthcare products with international standards.
VIVO biotech is a multinational biotechnology company that was established in 1987 in India. It has an extensive range of services to provide. It specializes in manufacturing life-saving drugs that are supposedly cost-efficient. It is one of the emerging biotechnology companies in India.
The company product includes recombinant protein products, pharma products, fermentation-based biotech products, and biotechnological products.
Frequently Asked Questions
1) Is Biotechnology a good career option?
Yes, it can be a good decision as biotechnology is one of the emerging fields which is in high demand. If one is eligible enough to study biotechnology, it offers specialization in various fields.
2) Which is the best biotechnology company in India?
Biotech and Serum Institute of India are considered the top biotechnology companies in India with significant control over the industry.
3) What is the future of biotechnology in India?
As it is an emerging field, biotechnology has an extensive future. Not only in terms of career development but also for expansion in sciences.
The article concludes that with the advancements made by other countries, India as well needs to expand its research in the biotech industry. There is a need for more biotechnology companies working in this field and these companies should be backed by government support, awareness, and funds.