Table of ContentsTop Core Companies for Biomedical Engineers in India 1. Serum Institute Of India 2. Panacea Biotec Ltd. 3. Medtronic 4. Biocon Ltd. 5. Shantha Biotech 6. Indian Immunologicals 7. Dr. Reddy’s Laboratories Limited 8. Johnson & Johnson 9. Sun Pharmaceuticals Industry Limited 10. Alkem Laboratories 11. Aurobindo Pharma Limited 12. GlaxoSmithKline Pharmaceuticals Ltd 13. Lupin Limited
Table of Contents
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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