Top Core Companies for Biomedical Engineers in India
Even before the pandemic, drug manufacturing was indeed an important industry in the country. The expansion of the Indian domestic pharmaceutical market surpassed that of the entire economy by 2 to 3 percent every year. The pharmaceutical business in India has enormous untapped potential.
India’s goals for self-sufficiency have been most visible in the pharmaceutical industry. And biomedical engineers from around the country are making significant contributions towards this objective.
Today, we look at some of the top core companies offering opportunities for Biomedical Engineers in India.
Top Core Companies for Biomedical Engineers in India
The following are the Top Core Companies for Biomedical Engineers in India:
1. Serum Institute Of India
Serum Institute of India (SII) is a biotechnology and biopharmaceuticals company based in India. Cyrus Poonawalla established it, and it is a subsidiary of the Cyrus Poonawalla Group.
It is the world’s largest vaccine producer. The organisation has collaborated with AstraZeneca, a British-Swedish multinational pharmaceutical corporation that developed ‘Covishield’ in association with the University of Oxford.
Engaged in:
- Vaccines
- Biopharmaceuticals
- Generic Drugs
- Over-the-counter Drugs
Established: 1966
Headquarters – Pune, Maharashtra, India
Number of Employees – 2,115
Headquarters Location – 212/2, Hadapsar, Off Soli Poonawalla Road, Pune – 411028, Maharashtra, India
2. Panacea Biotec Ltd.
Panacea Biotec is an Indian multinational manufacturer of generic and specialty pharmaceuticals as well as vaccines. It is one of India’s 3 key biotechnology enterprises.
The Russian Direct Investment Fund (RDIF) partnered with Panacea Biotec to manufacture the ‘Sputnik V’ Covid-19 vaccine in India. The business grew over time to emerge as one of India’s top vaccine producers.
Engaged in:
- Pharmaceuticals
- Generic Drugs
- Vaccine
Established: 1984
Headquarters – New Delhi, India
Number of Employees – 2,564
Headquarters Location – B-1 Extn./ A-27, Mohan Co-op. Industrial Estate, Mathura Road – 110044, New Delhi, India
3. Medtronic
Medtronic plc is a medical device company based in the United States. Earl Bakken and his brother-in-law, Palmer Hermundslie, established Medtronic in Minneapolis as a medical devices repair business.
Medtronic was named the world’s largest medical equipment company in May 2018. While it is predominantly operating in the United States, it is functional in over 150 nations.
Engaged in:
- Medical Devices
Established: 1949
Global Headquarters – Dublin, Ireland (legal) & Minneapolis, Minnesota, U.S.A.
Indian Headquarters – Mumbai, Maharashtra, India
Number of Employees – 95,000+
Global Headquarters Location – 710 Medtronic Parkway, Minneapolis, MN 55432-5604, U.S.A
Indian Headquarters Location – Solitaire C Park, 1241, Bldg. No.12, 6th floor, A.G. Link road, Chakala, Andheri-E, Mumbai – 400093, Maharashtra, India
4. Biocon Ltd.
Biocon Limited is a biopharmaceutical business based in India. Kiran Mazumdar-Shaw established it. The company produces generic active pharmaceutical ingredients (APIs), which are distributed in over 120 countries worldwide.
In 1979, it became the first Indian business to produce and sell enzymes to the American and European markets.
Engaged in:
- Biologics
- Small Molecules
- Branded Formulations
- Research Services
Established: 1978
Headquarters – Bengaluru, Karnataka, India
Number of Employees – 9, 234
Headquarters Location – Biocon Limited, 20th KM, Hosur Road, Electronic City, Bengaluru – 560100, Karnataka, India
5. Shantha Biotech
Shantha Biotechnics Limited is a biotechnology corporation based in India. Shantha Biotechnics, Ltd. was founded by Dr. K. I. Varaprasad Reddy and Khalil Ahmed. The organisation is wholly owned by the Sanofi group.
It is India’s maiden enterprise to design, produce, and sell recombinant human healthcare solutions.
Engaged in:
- Recombinant DNA
- Vaccines
Established: 1993
Headquarters – Hyderabad, Telangana, India
Number of Employees – 806
Headquarters Location – 3rd & 4th Floor, H.No: 5-10-173, Fateh Maidan Road, Basheerbagh, Hyderabad – 500004, Telangana, India
6. Indian Immunologicals
The National Dairy Development Board owns Indian Immunologicals Limited (IIL). It is well-known for creating veterinary and human vaccinations for foot-and-mouth disease, rabies, and bacterial vaccinations, among other things.
IIL is a significant provider of DPT, TT, and Hepatitis B vaccinations to India’s massive Universal Immunisation Program. In India, IIL has 3 vaccine production plants.
Engaged in:
- Anti-rabies Vaccine
- Theileriosis Vaccine
- Brucellosis Vaccine
- Porcine Vaccines
- SheepVaccines
- Bacterial Vaccines
- Nutraceuticals
- Formulations
Established: 1982
Headquarters – Hyderabad, Telangana, India
Number of Employees – 1,162
Headquarters Location – Road No. 44, Jubilee Hills, Hyderabad – 500033, Telangana, India
7. Dr. Reddy’s Laboratories Limited
Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in India. The organisation was founded by Kallam Anji Reddy. Dr. Reddy’s started off by producing active pharmaceutical ingredients. Within just one year, Reddy’s became the very first Indian business to export pharmaceutical active ingredients to Europe.
The company manufactures around 190 drugs and 60 active pharmaceutical ingredients (APIs) for drug manufacturing, diagnostic devices, intensive care, and biotechnology.
Engaged in:
- Pharmaceuticals
- Generic Drugs
- Over-the-counter Drugs
- Vaccines
- Diagnostics
- Biologics
Established: 1984
Headquarters – Hyderabad, Telangana, India
Number of Employees – 21,650
Headquarters Location – 8-2-337, Road No. 3, Banjara Hills, Hyderabad, Telangana, India
8. Johnson & Johnson
Johnson & Johnson (J&J) is a multinational corporation based in the United States that manufactures medical equipment, medicines, and consumer packaged products. In 1886, Robert Wood Johnson partnered with his brothers, James Wood Johnson and Edward Mead Johnson, to develop a range of ready-to-use sterile surgical dressings. They established Johnson & Johnson.
It is placed No. 36 on the 2021 Fortune 500 list of the top companies in the United States by overall revenue. The corporation has around 250 subsidiary companies operating in 60 nations and selling products across over 175 nations.
Engaged in:
- Consumer Health
- Medical Technology
- Pharmaceuticals
Established: 1886
Global Headquarters – New Jersey, U.S.A.
Indian Headquarters – Mumbai, Maharashtra, India
Number of Employees – 1,44,500
Global Headquarters Location – One Johnson & Johnson Plaza, New Brunswick, New Jersey, U.S.A.
Indian Headquarters Location – 501 Arena Space, behind Majas Bus Depot, off Jogeshwari Vikhroli Link, Road Jogeshwari, Mumbai – 400060, Maharashtra, India
9. Sun Pharmaceuticals Industry Limited
Sun Pharma is among the best core biomedical companies in India. It is a multinational medical company based in India, with 70% of its revenue coming from markers in the USA and India.
Sun Pharma has multiple subsidiaries through which it supplies generic complexes, branded generics, antiretrovirals, and active pharmaceutical ingredients.
Engaged in:
- Pharmaceuticals
- Over-the-counter drugs
- Generic medicines
- Antiviral drugs
- Active pharmaceutical ingredients
- Drugs Manufacturing
- Medical Research and Development
Established: 1983
Headquarters – Mumbai, Maharashtra, India
Number of Employees – 37,000+
Headquarters Location – Sun House, CTS No. 201 B/1, Western Express Highway, Goregaon East, Mumbai – 400063, Maharashtra, India
10. Alkem Laboratories
Alkem Laboratories is one of the oldest and top biomedical engineering companies in India. It was founded by Samprada Singh in 1973.
The multinational pharmaceutical company manufactures and markets generic and over-the-counter drugs, vaccines, diagnostics, and animal healthcare products.
The company accumulated 1.3 billion USD in revenue while establishing 800+ renowned brands with a presence in 40+ countries. Today, the company has set up 19 manufacturing units in India and 2 in the USA.
Engaged in:
- Pharmaceuticals
- Diagnostics
- Vaccines
- Generic Drugs
- Over-the-counter Drugs
- Lenses
- Animal Health Products
Established: 1973
Headquarters – Mumbai, Maharashtra, India
Number of Employees – 15000+
Headquarters Location – Devashish Building, Alkem House, Senapati Bapat Road, Lower Parel, Mumbai – 400013, Maharashtra, India
11. Aurobindo Pharma Limited
Aurobindo Pharma is an Indian multinational pharmaceutical manufacturing company that produces and markets various generic, branded generic, and over-the-counter medicines. P.V. Ramprasad Reddy and K. Nityananda Reddy founded Aurobindo Pharma in 1986.
Starting as a synthetic penicillin manufacturer in 1988–1989, it currently exports its products to 125+ nations. It also actively contributes to therapeutic segments like antiretrovirals, neurosciences, antibiotics, cardiovascular, anti-diabetics, and gastroenterology.
Pfizer and AstraZeneca are among Aurobindo’s marketing partners.
Engaged in:
- Research and Development
- Pharmaceuticals
- Diagnostics
- Active Pharmaceutical Ingredients
- Peptides
- Biocatalysts
- Chemistry and Biotechnology Services
Established: 1986
Headquarters – Hyderabad, Telangana, India
Number of Employees – 24, 000+
Headquarters Location – Plot no. 2, Maitri Vihar, Ameerpet, Hyderabad – 500038, Telangana, India
12. GlaxoSmithKline Pharmaceuticals Ltd
GSK Pharmaceuticals is a multinational pharmaceutical and biotech company that markets and produces vaccines, medicines for special diseases, and prescription drugs. It operates in markets in the Middle East, Europe, Africa, Australia, Latin America, Russia, and India.
The UK-based biopharma company has 4 research and development centres across the world and is working in the fields of HIV, oncology, and immunology. With a revenue of over 29 billion euros, GSK is among the top biomedical engineering companies in India.
Engaged in:
- Vaccines
- Prescription Medicines
- Research and Development
- Specialty Medicines
- Over-the-counter Drugs
- Anti-smoking Supplements
- Nutritional Drinks
Established: 1924
Headquarters – Mumbai, Maharashtra, India
Number of Employees – 70, 000
Headquarters Location – 252, Dr. Annie Besant road, Worli, Mumbai – 400030, Maharashtra, India
13. Lupin Limited
Lupin is an Indian multinational biomedical company that manufactures biotech products, pharmaceuticals, generic medicines, and drug delivery systems. Lupin was established by Desh Bandhu Gupta in 1968.
Its key therapeutic areas include respiratory diseases, tuberculosis, cardiovascular diseases, diabetes, dermatology, and ophthalmology. With such areas of expertise make it one of the top core companies for biomedical engineering interests.
Today its operations extend to over 100 countries across the globe, including the USA, Japan, and Europe as its major markets.
Engaged in:
- Active Pharmaceutical Ingredients (APIs)
- Generic drugs
- Specialty drugs
- Biotechnology Products
- Research and development
- Over-the-counter drugs
- Advanced Drug Delivery System
Established: 1968
Headquarters – Mumbai, Maharashtra, India
Number of Employees – 18, 302
Headquarters Location – 3rd Floor, Kalpataru Inspire, Off Western Express Highway, Santa Cruz East, Mumbai – 400055, Maharashtra, India
Final Words
We hope this article has helped you identify the top core companies for Biomedical Engineers in India. Feel free to reach out to us, if you have any questions or suggestions.
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