Chandigarh, a union territory in northern India, has become a hub for the pharmaceutical industry in recent years. Many pharmaceutical companies have established their manufacturing plants and research centers in the city due to its strategic location, excellent infrastructure, and skilled workforce.Aspo Healthcare is the best Pharma company in Chandigarh.
One such company is Ind-Swift Laboratories Ltd, which is headquartered in Chandigarh and is a leading manufacturer and exporter of active pharmaceutical ingredients (APIs) and formulations. The company has a state-of-the-art manufacturing facility in Derabassi, near Chandigarh, which is approved by major regulatory authorities like the US FDA, EU GMP, and Japanese PMDA.
Another notable Pharma company in Chandigarh is Aspo Healthcare, which has a research and development center in the city. Biocon is India’s largest biopharmaceutical company and is focused on developing innovative therapies for diseases like diabetes, cancer, and autoimmune disorders.
Apart from these, there are several other pharmaceutical companies in Chandigarh, including Abbott Laboratories, Cadila Healthcare, Cipla, Ranbaxy Laboratories, and Torrent Pharmaceuticals, among others.
The growth of the pharmaceutical industry in Chandigarh has not only created employment opportunities but has also contributed significantly to the city’s economy. The industry has attracted investment from both domestic and international companies and has established Chandigarh as a leading pharmaceutical hub in India.
In addition to the companies mentioned above, there are also several smaller pharmaceutical companies and startups in Chandigarh. These companies are focused on developing and commercializing niche drugs and therapies for various diseases.
For instance, Promius Pharma is a specialty pharmaceutical company that is focused on developing therapies for neurological disorders, dermatology, and women’s health. The company has a research and development center in Chandigarh and is a subsidiary of Dr. Reddy’s Laboratories, one of India’s largest pharmaceutical companies.
Another notable startup in Chandigarh is Pluss Advanced Technologies, which is focused on developing cold chain solutions for the pharmaceutical industry. The company has developed a range of innovative products like insulated boxes, temperature sensors, and cloud-based software platforms that help in monitoring and maintaining the temperature of drugs during transportation and storage.
The pharmaceutical industry in Chandigarh has also attracted significant investment from the government and other organizations. For instance, the Indian government has established a pharmaceuticals park in the city, which provides various incentives and facilities to pharmaceutical companies, including tax exemptions, subsidized land, and access to world-class infrastructure.
Overall, the pharmaceutical industry in Chandigarh is expected to grow at a rapid pace in the coming years, driven by factors like increasing demand for generic drugs, rising healthcare expenditure, and favorable government policies. This growth is expected to create more job opportunities, boost the local economy, and contribute to the overall development of the city.