Company lists
The Tamil Nadu edition · 2026

Biopharma outsourcingcompanies in Tamil Nadu

CDMO & API, formulations, CRO & clinical, consulting & services, biologics & research tools and more: the companies building biopharma outsourcing in Tamil Nadu, with their founders, funding, team size and business models.

119 company profiles67 with reported revenue3 with recorded fundingOctober 2026 edition
Tamil Nadu · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent biopharma outsourcing business events in India

Funding, M&A, contract wins and launches involving 2,490 biopharma outsourcing companies in India, last 24 months: 81 M&A deals · 18 Contracts · 18 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Skymap pharmaceuticals acquires Indian Medicines Pharmaceutical Corporation Ltd

The Indian government has officially approved the acquisition of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) by Skymap Pharmaceuticals Pvt Ltd for ₹121 crore.

Pharmaceuticals
M&AAcquisition · Announced

True north acquires Embio

According to reports, True North invested about INR 478 crores to acquire a 25 percent stake in Embio.

Pharmaceuticals
M&AAcquisition · Completed

Sunways acquires Indoco remedies

Indoco Remedies has successfully completed the transfer of its ophthalmic business division to Sunways (India) Private Limited. This strategic move, finalised on May 18, 2026, involves…

Pharmaceuticals
M&AAcquisition · Announced

Gujarat themis biosyn acquires Sanofi

Introduction Shares of Gujarat Themis Biosyn Ltd surged sharply after the company announced a major acquisition deal with Sanofi.

Pharmaceuticals
LaunchSynchronous Motors Market Size 2026 Report

Datam intelligence

DataM Intelligence has unveiled its latest report on the 'Synchronous Motors Market Size 2026' delivering powerful insights into key trends, future growth opportunities, and evolving…

Report
ContractSupply

Panacea biotec · client: Central Medical Services Society (CMSS)

Panacea Biotec has announced the receipt of a Letter of Award from the Central Medical Services Society (CMSS), under the Ministry of Health and Family Welfare, Government of India. The…

Healthcare
M&AAcquisition · Completed

Jubilant ingrevia acquires Remidex Pharma

Jubilant Ingrevia has successfully acquired a 100% equity stake in Remidex Pharma Private Limited.

Pharmaceutical
M&AMerger · Announced

EPL acquires Indovida India Private Limited

EPL Limited and Indovida India Private Limited have today signed definitive agreements for a merger. The combined platform will have a valuation of ~$2 billion.

Rigid PET packaging
ContractTechnology

Shilpa Biologicals · client: Steincares

SteinCares, a specialty healthcare company in Latin America, entered into a strategic licensing agreement with Shilpa Biologicals Pvt. Ltd.

Healthcare
M&AAcquisition · Rumored

Consortium led by Warburg Pincus and Mubadala acquires Encube ethicals

Separately, a consortium led by Warburg Pincus and Abu Dhabi-based sovereign investor Mubadala is in advanced talks to buy a majority stake in contract manufacturer Encube Ethicals, ET…

Manufacturing
M&AAcquisition · Rumored

Warburg Pincus and Mubadala acquires Encube ethicals

Separately, a consortium led by Warburg Pincus and Abu Dhabi-based sovereign investor Mubadala is in advanced talks to buy a majority stake in contract manufacturer Encube Ethicals

Contract Manufacturing
M&AAcquisition

Dishman Pharmaceuticals and Chemicals acquires Carbogen-Amcis

Dishman Pharmaceuticals and Chemicals (Ahmedabad, India) with its acquisition of Carbogen-Amcis from Solutia

M&AAcquisition · Completed

Eris lifesciences acquires SWISS PARENTERALS

New Delhi: Eris Lifesciences Limited has completed the acquisition of the remaining 30 percent stake in Swiss Parenterals Limited, making it a wholly owned subsidiary

FundingZero-coupon bonds

Jubilant bhartia group

Two Jubilant Bhartia Group subsidiaries raised a combined 56.50 billion rupees through zero-coupon bonds in June to fund the acquisition of a 40% stake in Hindustan Coca-Cola Holdings.

M&AAcquisition · Announced

Aurobindo pharma acquires Khandelwal laboratories

Aurobindo Pharma, a wholly owned subsidiary of Aurobindo Pharma, at its meeting held on Monday, i.e., January 1, 2026, has approved the acquisition of the non-oncology prescription…

Pharmaceuticals
M&AAcquisition · Completed

Cactus acquires Baker Hughes Company’s Surface Pressure Control business

Cactus, Inc. today announced the completion of the acquisition of a majority interest in Baker Hughes Company’s Surface Pressure Control business.

Oil & Gas Services
M&AAcquisition · Completed

Auro pharma acquires Khandelwal laboratories

Aurobindo Pharma Ltd said its wholly owned arm, Auro Pharma Ltd, has acquired the branded non-oncology prescription formulations business of Khandelwal Laboratories Private Ltd on a…

Pharmaceuticals
M&AAcquisition · Announced

Piramal Pharma acquires Hemmo pharmaceuticals

Piramal Pharma Limited (PPL) has entered into an agreement to acquire a 100% stake in Hemmo Pharmaceuticals Pvt. Ltd., an Indian manufacturer of synthetic peptide APIs (active…

ContractSupply

Panacea biotec · client: Unicef

Earlier in October, UNICEF also placed a significant order for polio vaccines. Panacea Biotec received the letter of award (LoA) as part of a long-term agreement to supply bOPV in 10 and…

Healthcare
M&AAcquisition · Announced

Nowonomics acquires Centaur

On Wednesday, Dec. 10, it was announced that Swedish fund management company Centaur is selling its Sweden Quality fund to Nowonomics.

Fund management
M&AAcquisition · Announced

Eris lifesciences acquires SWISS PARENTERALS

Shardul Amarchand Mangaldas & Co. (SAM) acted as the legal advisor to Eris Lifesciences Limited (“ELL”) in connection with its proposed acquisition of 30% of the total share capital of…

M&AMerger · Announced

Sequent scientific acquires Viyash Lifesciences

The National Company Law Tribunal (NCLT) has approved the merger of SeQuent Scientific, a leading player in the global animal health industry, and Viyash Lifesciences, an integrated…

M&AAcquisition · Completed

Quadria capital acquires Encube ethicals

Quadria Capital bought around 15% in Encube for $100-120 million in June 2021, valuing it close to $1 billion.

Contract drug maker
M&AAcquisition · Announced

Ang lifesciences india acquires Mansa Print & Publishers

ANG Lifesciences India, a fast-growing organisation with an ultra-modern fully integrated, manufacturing facility dedicated to dry powder injectables (SVP), has acquired the printing and…

Printing & Packaging
M&AAcquisition · Rumored

Na acquires Encube ethicals

Global private equity firms Advent International and Warburg Pincus have joined the race for a stake purchase in contract drug maker Encube Ethicals Pvt. Ltd.

Contract drug maker / CDMO
M&AAcquisition · Announced

Intocell acquires Piramal pharma solutions

Piramal Pharma Solutions signed a memorandum of understanding with IntoCell to develop ADCs.

M&AAcquisition · Announced

Piramal pharma solutions acquires Intocell

Piramal Pharma Solutions signed a memorandum of understanding with IntoCell to develop ADCs.

Biotechnology / ADC development
M&AAcquisition · Announced

Jusmiral Holdings Limited acquires Cohance lifesciences

Shardul Amarchand Mangaldas & Co. (SAM) acted as the legal advisor for an on-market sale of 8.93% shareholding in Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited)…

M&AAcquisition · Completed

Jusmiral Holdings Limited acquires Suven pharmaceuticals

SAM has earlier advised Advent in its control acquisition of Suven Pharmaceuticals Limited by way of a share purchase and mandatory open offer.

Biopharma outsourcing companies in Tamil Nadu, by revenue

Browse biopharma outsourcing companies in Tamil Nadu by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 67 biopharma outsourcing companies in Tamil Nadu that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of clinical data management services to biopharma sector

Biopharma outsourcing
₹1,125.81 crFY 2024-25
+16%2024–2025
2,245-2% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Jul 2026

Pharmaceutical company manufacturing a range of pharmaceutical preparations

Biopharma outsourcing
₹404.06 crFY 2024-25
+41%2024–2025
1,016+10% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Manufacturer of sterile injectables

Biopharma outsourcing
₹399.05 crFY 2024-25
+38%2024–2025
951LinkedIn · Oct 2026
30 yr1996
0none in 3 months

Provider of formulations, warehousing, and logistic services for pharmaceutical sector

Biopharma outsourcing
₹374.83 crFY 2022-23
Not reported
83+16% 12 mo to Jul 2024LinkedIn · Oct 2026
67 yr1959
0none in 3 months · last posted Feb 2026

Provider of formulation services for pharmaceutical industry

Biopharma outsourcing
₹148.60 crFY 2024-25
-5%2024–2025
147+5% 12 mo to Sep 2024LinkedIn · Oct 2026
45 yr1981
0none in 3 months

Manufacturer of pharmaceutical active pharmaceutical ingredients (APIs)

Biopharma outsourcing
₹122.27 crFY 2024-25
+16%2024–2025
350+1% 12 mo to Sep 2024LinkedIn · Oct 2026
14 yr2012
0none in 3 months

CDMO focused on manufacturing of APIs

Biopharma outsourcing
₹82.45 crFY 2024-25
-16%2024–2025
7LinkedIn · Jul 2026
36 yr1990
0none in 3 months

CRO providing BA/BE studies, Clinical trials, Clinical Data Management, Pharmacovigilance and Regulatory submission

Biopharma outsourcing
₹82.04 crFY 2024-25
-10%2024–2025
277+3% 12 mo to Sep 2024LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Manufacturer of finished dosage forms in pharmaceutical and nutraceutical categories

Biopharma outsourcing
₹68.84 crFY 2024-25
-2%2024–2025
121+16% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Operator of infrastructure providing biotechnology and pharmaceutical research and development facilities

Facility management services
₹67.02 crFY 2024-25
+17%2024–2025
15+0% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

CDMO focused on manufacturing pharmaceutical formulations and regulatory support services

Biopharma outsourcing
₹64.29 crFY 2024-25
+237%2024–2025
—Not available
7 yr2019
0none in 3 months

Manufacturer of pharmaceutical formulations for the global market

Biopharma outsourcing
₹60.69 crFY 2024-25
+8%2024–2025
52+24% 12 mo to Jun 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Contract pharmaceutical manufacturing company specializing in the production of liquid injections and pre-filled syringes, offering a range of filtration products and services

Biopharma outsourcing
₹56.66 crFY 2024-25
+37%2024–2025
—Not available
29 yr1997
0none in 3 months

Provider of NPR news and classical music radio broadcasting services

Traditional nutraceuticals
₹55.75 crFY 2024-25
+26%2024–2025
64LinkedIn · Jul 2026
20 yr2006
0none in 3 months

CRO engaged in conducting clinical trials for the development of NCEs and generic drugs

Biopharma outsourcing
₹43.45 crFY 2024-25
+17%2024–2025
163+1% 12 mo to Mar 2024recorded Mar 2024
9 yr2017
0none in 3 months

Provider of testing services for biopharma sector

Biopharma outsourcing
₹42.08 crFY 2024-25
+11%2024–2025
55+16% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of pharmaceutical products

Biopharma outsourcing
₹41.92 crFY 2024-25
-19%2024–2025
103LinkedIn · Jul 2026
39 yr1987
0none in 3 months

CDMO focused on manufacturing pharmaceutical formulations

Biopharma outsourcing
₹35.09 crFY 2024-25
-2%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer of tablets, capsules, syrup, ointments, and injectables

Biopharma outsourcing
₹32.55 crFY 2024-25
-13%2024–2025
208-19% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

Contract manufacturer of pharmaceutical and feed supplement formulations, offering state-of-the-art manufacturing facilities for various dosage forms

Biopharma outsourcing
₹28.61 crFY 2024-25
+5%2024–2025
9LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Pharmaceutical company that specializes in the manufacture and supply of APIs and finished dosage forms

Biopharma outsourcing
₹25.57 crFY 2024-25
+12%2024–2025
36LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Pharmaceutical manufacturing company that offers a range of formulations, including tablets, capsules, and nutraceuticals

Biopharma outsourcing
₹25.12 crFY 2024-25
-30%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufacturers and exporters of pharmaceutical drugs

Biopharma outsourcing
₹24.40 crFY 2023-24
Not reported
30+17% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Pharmaceutical company that provides a range of products and services, including manufacturing, research, and development

Biopharma outsourcing
₹23.74 crFY 2024-25
-6%2024–2025
37LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Pharmaceutical distribution company that sources and supplies active pharmaceutical ingredients, nutraceuticals, intermediates, excipients, herbal extracts, and packing materials

Biopharma outsourcing
₹21.48 crFY 2024-25
+15%2024–2025
—Not available
35 yr1991
0none in 3 months
50 of 119 companies shown here · the full list is on Radar
Fliar Radar

Explore all 119 biopharma outsourcing companies in Tamil Nadu on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open biopharma outsourcing in Tamil Nadu on Radar
  • Every company, not just 50All 119 biopharma outsourcing companies in Tamil Nadu, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore biopharma outsourcing companies in Tamil Nadu by what you are looking for

Browse biopharma outsourcing companies in Tamil Nadu by service, from CDMO and API manufacturing to clinical research. You can also see listed biopharma companies, biopharma startups in Tamil Nadu and companies that are hiring.

8 ways to explore biopharma outsourcing in Tamil Nadu

CDMO & API manufacturing companiesFormulation & finished dosage manufacturersContract research (CRO) & clinical development companiesPharma consulting & functional service providersBiologics, drug discovery & life science tools companiesListed biopharma outsourcing companies in Tamil Nadu

CDMO & API manufacturing companies

Contract development and manufacturing of APIs, intermediates and small molecules.

  1. Steril-Gene

    Pharmaceutical company manufacturing a range of pharmaceutical preparations

    Biopharma outsourcing
    See in list
  2. Maiva Pharma

    Manufacturer of sterile injectables

    Biopharma outsourcing
    See in list
  3. Scope Ingredients

    Provider of formulations, warehousing, and logistic services for pharmaceutical sector

    Biopharma outsourcing
    See in list
  4. Tablets India

    CDMO focused on manufacturing of solid based drugs

    Biopharma outsourcing
    Website
  5. Bafna Pharma

    Provider of formulation services for pharmaceutical industry

    Biopharma outsourcing
    See in list

Formulation & finished dosage manufacturers

Solid, sterile and generic formulation development and manufacturing.

  1. Tablets India

    CDMO focused on manufacturing of solid based drugs

    Biopharma outsourcing
    Website
  2. SunGlow

    Manufacturer of finished dosage forms in pharmaceutical and nutraceutical categories

    Biopharma outsourcing
    See in list
  3. Kausikh

    Manufacturer of pharmaceutical formulations for the global market

    Biopharma outsourcing
    See in list
  4. Surien Pharmaceuticals

    Company manufacturing pharmaceutical products and solutions in therapeutic categories

    Diversified pharmaceuticals
    See in list
  5. Medispan

    Manufacturer of drugs

    Traditional pharmaceuticals
    Website

Contract research (CRO) & clinical development companies

Preclinical studies, clinical trial management, bioanalytical testing and data management.

  1. Zifo RnD Solutions

    Provider of clinical data management services to biopharma sector

    Biopharma outsourcing
    See in list
  2. Azidus

    CRO providing BA/BE studies, Clinical trials, Clinical Data Management, Pharmacovigilance and Regulatory submission

    Biopharma outsourcing
    See in list
  3. Scitus

    CRO engaged in conducting clinical trials for the development of NCEs and generic drugs

    Biopharma outsourcing
    See in list
  4. SMS Labs

    Provider of testing services for biopharma sector

    Biopharma outsourcing
    See in list
  5. Cellutions Biostorage

    Biotechnology company that provides pharmaceutical clinical study and research services

    Biopharma outsourcing
    See in list

Pharma consulting & functional service providers

Regulatory, consulting, market access and functional outsourcing services for drug makers.

  1. Zifo RnD Solutions

    Provider of clinical data management services to biopharma sector

    Biopharma outsourcing
    See in list
  2. Ticel Bio Park

    Operator of infrastructure providing biotechnology and pharmaceutical research and development facilities

    Facility management services
    See in list
  3. Maaxmus Life Sciences

    Provider of marketing services

    Biopharma outsourcing
    See in list
  4. Oviya MedSafe

    Provider of pharmacovigilance consulting and drug safety services

    Biopharma outsourcing
    See in list
  5. PHARMNOVA

    Provider of QA, medical writing and consulting services

    Biopharma outsourcing
    Website

Biologics, drug discovery & life science tools companies

Antibodies, biochemicals, research reagents and drug discovery platforms.

  1. ABL Biotechnologies

    Biochemicals from marine microbes for the application in pharmaceuticals, nutritional, and cosmetic industries

    Life sciences platforms and tools
    Website
  2. EinNext

    Provider of antibody drugs discovery services

    Biopharma outsourcing
    Website
  3. HLL Biotech

    CDMO manufacturing vaccines

    Biopharma outsourcing
    See in list
  4. VIVOGENE

    Provider of biocosmetics, biotherapeutics, supplements, bioinformatics, and CRO services

    Life sciences platforms and tools
    Website
  5. Ticel Bio Park

    Operator of infrastructure providing biotechnology and pharmaceutical research and development facilities

    Facility management services
    See in list

Listed biopharma outsourcing companies in Tamil Nadu

Publicly traded biopharma outsourcing companies in Tamil Nadu.

  1. Bafna Pharma

    Provider of formulation services for pharmaceutical industry

    Biopharma outsourcing
    See in list
  2. Take Solutions

    Provider of life sciences and supply chain management services

    Biopharma outsourcing
    See in list
  3. Vanta Bioscience

    Provider of GLP-certified preclinical contract research services

    Biopharma outsourcing
    See in list
3 companies in Tamil Nadu

Biopharma outsourcing startups in Tamil Nadu

Recently founded biopharma outsourcing companies in Tamil Nadu.

  1. Cellutions Biostorage

    Biotechnology company that provides pharmaceutical clinical study and research services

    Biopharma outsourcing
    See in list
  2. 3xper Innoventure

    Contract research, development, and manufacturing organization providing end-to-end services for the pharmaceutical industry

    Biopharma outsourcing
    See in list
  3. Amoga Biologics

    Provider of chemical products development services

    Biopharma outsourcing
    See in list
  4. RelayBio

    Provider of contract research, development & discovery services for biopharma sector

    Biopharma outsourcing
    Website
  5. Celldzyne

    Provider of technological innovations and services for the manufacture of biochemicals

    Biopharma outsourcing
    Website
13 companies in Tamil Nadu

Biopharma outsourcing companies hiring in Tamil Nadu

Companies in the sector with open roles right now.

  1. Zifo RnD Solutions

    Provider of clinical data management services to biopharma sector

    Biopharma outsourcing
    See in list
  2. Scope Ingredients

    Provider of formulations, warehousing, and logistic services for pharmaceutical sector

    Biopharma outsourcing
    See in list
  3. SunGlow

    Manufacturer of finished dosage forms in pharmaceutical and nutraceutical categories

    Biopharma outsourcing
    See in list
  4. Teyro

    Specialty pharmaceutical company focused on the development and manufacture of IP in the oncology sector

    Biopharma outsourcing
    See in list
  5. DSK InnoSciences

    Contract chemistry services company providing early discovery chemistry services to clients in the field of organic chemistry

    Biopharma outsourcing
    See in list
9 companies in Tamil Nadu
The business behind the activity

Biopharma outsourcing financials in Tamil Nadu

Revenue, profit and growth from the filed annual accounts of 63 biopharma outsourcing companies in Tamil Nadu for FY24-25 — 72 of the 119 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,312.69 cr

63 companies filing accounts

combined net profit₹351.10 cr

10.6% aggregate margin

are profitable78%

49 of 63 companies

median revenue~₹15.8 cr

the typical company

median revenue growth+4%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,640.92 crFY19-2055 filers
₹1,858.19 crFY20-2158 filers
₹3,248.21 crFY21-2263 filers
₹2,978.87 crFY22-2366 filers
₹3,337.79 crFY23-2467 filers
₹3,312.69 crFY24-2563 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 59 companies over three years

+28%
FY22-23₹2,507.31 cr₹246.86 cr net
FY23-24₹2,841.45 cr₹348.12 cr net
FY24-25₹3,198.25 cr₹426.90 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1443% profitable
₹1–10 cr1080% profitable
₹10–100 cr3388% profitable
₹100–1,000 cr6100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking28
0–20%17
20–50%8
50–100%3
Doubled+5

61 companies with accounts for both years; median growth +4%.

Profitability

Profit is concentrated at the top

49profitable
14loss-making
10.6%aggregate margin
2.5%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
AxxelentAXXELENT PHARMA SCIENCE PRIVATE LIMITED+237%₹64.29 cr
SVISS LABSSSVISS LABSS PRIVATE LIMITED+58%
Steril-GeneSTERIL-GENE LIFE SCIENCES PRIVATE LIMITED+41%₹404.06 cr
TeyroTEYRO LABS PRIVATE LIMITED
MicropureMICROPURE PARENTERALS PRIVATE LIMITED+37%₹56.66 cr
Maiva PharmaMAIVA PHARMA PRIVATE LIMITED+36%₹393.41 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Cellutions BiostorageCELLUTIONS BIOSTORAGE PRIVATE LIMITED
Archimedis DigitalARCHIMEDIS DIGITAL PRIVATE LIMITED
Zifo RnD SolutionsZIFO TECHNOLOGIES PRIVATE LIMITED.31.2%₹429.02 cr
Ticel Bio ParkTICEL BIO PARK LIMITED26.1%₹67.02 cr
Maiva PharmaMAIVA PHARMA PRIVATE LIMITED18.8%₹393.41 cr
Tablets IndiaTABLETS (INDIA) LTD18.2%₹667.39 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Biopharma outsourcing60₹3,173.23 cr~₹14.0 cr77%10.4%
Leaders

Largest biopharma outsourcing companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Tablets IndiaTABLETS (INDIA) LTD₹667.39 cr₹121.22 cr18.2%+9%
Zifo RnD SolutionsZIFO TECHNOLOGIES PRIVATE LIMITED.₹429.02 cr₹133.87 cr31.2%+9%
Steril-GeneSTERIL-GENE LIFE SCIENCES PRIVATE LIMITED₹404.06 cr₹58.36 cr14.4%+41%
Maiva PharmaMAIVA PHARMA PRIVATE LIMITED₹393.41 cr₹74.05 cr18.8%+36%
Bafna PharmaBAFNA PHARMACEUTICALS LIMITED₹148.60 cr₹4.15 cr2.8%-5%
Nuray chemicalsNURAY CHEMICALS PRIVATE LIMITED₹122.27 cr₹7.32 cr6.0%+16%
Abhilash Chemicals and PharmaceuticalsABHILASH CHEMICALS AND PHARMACEUTICALS PRIVATE LIMITED₹82.45 cr₹69.53 lakh0.8%-16%
AzidusAZIDUS LABORATORIES LIMITED₹82.04 cr₹11.86 cr14.5%-10%
Ticel Bio ParkTICEL BIO PARK LIMITED₹67.02 cr₹17.51 cr26.1%+17%
AxxelentAXXELENT PHARMA SCIENCE PRIVATE LIMITED₹64.29 cr₹7.43 cr11.6%+237%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Biopharma outsourcing funding and M&A across India

193 recorded equity rounds have gone to 2,490 biopharma outsourcing companies in India — how much, at which stage, into which sub-sectors, from whom, and how Tamil Nadu compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$270.00m

equity rounds, last 24 months7

US$425.09m

raised over five yearsUS$1.28bn

51 rounds in India

M&A deals, India81

last 24 months

Capital by year

Equity funding into biopharma outsourcing in India

amount rounds
$84m201811
$134m20199
$62m202011
$435m202116
$315m202214
$90m20238
$19m20246
$155m20256
$270m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$435.16m across 16 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$119.62m12 rounds · median US$500k
SeedUS$14.38m11 rounds · median US$1.29m
Series AUS$80.53m9 rounds · median US$4.40m
Series BUS$106.78m7 rounds · median US$16.27m
Series CUS$255.00m3 rounds · median US$80.00m
Series D+US$284.18m2 rounds · median US$142.09m
Private equityUS$423.40m7 rounds · median US$68.00m
Where the money went · five years

Most-funded sub-sectors

Biopharma outsourcingUS$982.10m45 rounds · 35 companies
Traditional pharmaceuticalsUS$271.81m2 rounds · 2 companies
Contract manufacturersUS$29.48m2 rounds · 2 companies
Medical research labsUS$500k1 rounds · 1 companies
Food safety testingUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

67Acquisition
14Merger

Most active acquirers

  1. Jubilant bhartia group6
  2. Sequent scientific5
  3. Optimus4
  4. Eris lifesciences3
  5. Cactus3

Most acquired or merged

  1. Schott poonawalla7
  2. Encube ethicals4
  3. OTRS AG4
  4. SWISS PARENTERALS3
  5. Gland pharma3

Each deal appears in the events strip at the top of the page.

Founders and momentum in Tamil Nadu

Meet the people behind biopharma outsourcing companies in Tamil Nadu. 50 of 119 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring biopharma outsourcing in India and nearby markets.

Coming soon