Panacea Biotec

About:

Panacea Biotec is an Innovation driven Biotechnology company.

Website: http://www.panacea-biotec.com/

Twitter/X: panaceabiotec

Top Investors: U.S. International Development Finance Corp, India Resurgent Fund

Description:

Panacea Biotec is an Innovation driven Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals, Vaccines and Biosimilars. Panacea Biotec was set up in the year 1984, under the name of Panacea Drugs Private Limited with a commitment to make Innovative Products Affordable and Accessible to the masses. It got publically listed on Indian National Stock Exchanges in September 1995 as Panacea Biotec Ltd. Panacea Biotec is witnessing a period of expansion across every aspect of their business from innovative products to customers in market, from manufacturing to regulatory approvals and thereby laying the foundation for translation of their vision in becoming greatest, largest and most admired biotechnology company in the World by 2020. Ardent Research and Development efforts have always been a great strength of Panacea Biotec. The main research areas are New Chemical Entities (NCE), New Biological Entities (NBE) Novel Drug Delivery System (NDDS) based pharmaceutical formulations, Novel peptides & human monoclonal antibodies and Vaccine development. The company has developed four distinguished, ultra-modern, state-of-art R&D centres in different locations, having internal capabilities for constant research, with over 300 highly professional and skilled scientists engaged in various aspects of research.

Total Funding Amount:

$188M

Estimated Revenue Range:

$50M to $100M

Headquarters Location:

New Delhi, Delhi, India

Founded Date:

1994-01-01

Contact Email:

info-de(AT)panaceabiotec.com

Founders:

Soshil Kumar Jain

Number of Employees:

1001-5000

Last Funding Date:

2024-09-12

IPO Status:

Private

Industries:

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