Top 10 Pharma Companies in Goa

Top 10 Pharma Companies in Goa – Goa is a state on the western coast of India with the highest GDP per capita among all Indian states. The industrial center of the state, Ponda is home to many large factories and industrial estates. The industrial activity is on the fast track in Goa with positive government attitude and support. There are over 7000 small scale industrial units with the presence of more than 150 large and medium scale industries which include the manufacturing of chemicals, pharmaceuticals, steel rolling, fruits, fish canning, brewery products etc.

These industrial hold the employment of over half a million people. The pharmaceutical segment is also growing at a fast rate in Goa and received approvals from regulated bodies like the US FDA, UK MHRA, etc. The state also has many popular Indian pharma companies like  Ranbaxy, Cipla, Cadila, Lupin, Dr. Reddy’s Laboratories, etc. which are investing huge funds in setting up their plant in Goa. With better infrastructure facilities, the companies are expanding their services all over India.

Goa increased business in generic pharmaceutical manufacturing

• Goa is a state in western India with good infrastructure facilities with the airport, a seaport, connectivity by road network, and other amenities which give the advantages to upgrow the Pharma companies.
• The state is home to many Small, Medium, and Large-Scale pharmaceutical companies. Most of the pharmaceutical companies belong to the Multinational companies, Indian Private Sector, and Public Sector.
• Pharmaceutical companies in Goa have a wide range of generic drug vendors including manufacturers of Pharmaceutical drug products, medical diagnostics, ayurvedic medicines, cosmetics, etc.
• The main reason why multinational companies are investing their money here is both investor-friendly as well as the environment – friendly.
• In addition, it has one of the maximum per capita income ratios in India, one of the highest literacy rates, and the lowest crime rates, and generally trade unions and management share harmonious industrial relations.
• All these factors are conducive to a ‘healthy’ industrial climate.

List of Best 10 Pharma Companies in Goa

Do you know many multinational investors come and invest their money in pharma companies in Goa? This is why the state is now called the hub of pharma companies. There are many pharma medicine manufacturers in Goa which provide business to many small and medium-scale pharma companies. Now the question arises, from these many pharma manufacturers, which company is best to invest in? Here is the answer.

We present you the next blog of Pharmaadda providing you with all the required information about the Top 10 pharma companies in Goa with their proper address.

1. Indoco Remedies Ltd:

Indico Remedies was incorporated in the year 1947 and is a fully integrated, research-oriented Pharma Company. The company is engaged in the manufacturing and marketing of pharma formulations, Active Pharmaceutical Ingredients (APIs), and Intermediates to generic companies worldwide. Expertise in Research and development, backward integration in API in select products, own CRO set-up, excellence in Finished Dosages manufacturing and a strong customer base will ensure consistent growth in the Company’s Domestic, as well as International business.

Indoco, a USD 161 million company, employs over 5500 people, including over 300 skilled scientists. The company is involved in providing services such as Contract Research, Contract Manufacturing, Generics, Novel Drugs Delivery Systems (NDDS), and Regulatory Affairs. Indoco’s 9 domestic marketing divisions cater to different therapeutic segments including

• Respiratory
• Anti-Infectives
• Dental Care
• Pain Management
• Gastroenterology
• Ophthalmic
• Cardiovascular
• Anti-Diabetics
• Anti-Obesity etc.

Contact them –  Plot No L-14, Verna Industrial Estate, Salcette, Verna, Goa 403722

2. Wallace Pharmaceuticals Pvt Ltd.:

Wallace Pharmaceuticals was incorporated in the late 1960s as a joint venture with Carter Wallace Inc. and the Menezes family. The company is involved in the manufacture and marketing of a wide range of pharma products and formulations in India as well as outside India. The aim of the company is to provide health and well-being to every citizen around the globe and That’s the reason it offers a broad range of affordable pharmaceutical products, ranging from

• antibiotics
• gastro-intestinal products
• skincare
• diabetes
• rheumatoid arthritis etc.

All the plants are approved by the relevant regulatory authorities. Products from these plants are supplied to India and markets across Asia, Africa, and South America.  Many brands like Lynx, Sazo, Walyte, and Diovol enjoy leadership positions in the therapy areas they operate.

• B-Bact Ointment
• Camyda 150 Capsules
• Cintigo Tablets
• Colimex Suspension
• Diovol Plus Forte Suspension (Mint/Mango/Bubblegum flavors)
• Diovol LA Forte Suspension (Mint/Orange flavors)
• Dimol Drops
• EUGI Sachets
• Flucold P Drops
• Maxeron Ampoule
• N-able Dry Syrup etc.

Contact them – 3rd Floor, Dempo Trade Centre Bldg., Patto Plaza, EDC Complex, Panaji 403001, Goa, India.

3. DCI Pharmaceuticals Pvt. Ltd.:

DCI Pharmaceuticals Pvt. Ltd. is a leading Pharmaceutical company engaged in the manufacture of a wide range of pharma products for the past 36 years. They aim to Build A Globally Oriented, Professionally Managed, Socially Aware, and Environmentally Conscious Organization, Committed To providing the Best In Quality Healthcare. Their team of experts Produces specialty products that are economically manufactured and made available at affordable prices. They ensure that their products are continuously improved to ultimately reach an international level.

The company is strengthened with competent employees and sophisticated instruments & types of machinery. The Quality Assurance section is involved in the implementation of good manufacturing and good laboratory practices. Its other functions include inspection of sanitation processes, general cleanliness, personal hygiene, process validation, calibration of instruments/types of equipment and preparation of SOP / MMFM / BMR and other documentation as well as carrying out IPQC checks in production and packing operations. The range of product include:

• liquid Injectables (viz. ampoules and vials)
• Ophthalmic &
• Otic Products

Contact them – M/s DCI Pharmaceuticals Pvt. Ltd.Vidhyanagar, Margao – Goa India 403 601

4. Geno Pharmaceuticals Ltd:

Geno Pharmaceuticals Ltd was founded in the year 1975 and came into operation in March 1977. The company has innovative pharma products of high quality and concentrate on the prior satisfaction of their customer. Geno has the W.H.O. – G.M.P. approved facilities at Mapusa, Goa to manufacture Tablets, Capsules, Syrups, and Ointments in the Plant extending over 5 acres of area. Geno is now an ISO 9001:2008 certified company with revised schedule M compliance.

They manufacture a wide range of

• Fusigen Ointment
• Fusigen DP Cream
• Inflaryl AD
• Brupal/Brupal Forte
• Brupal Kid
• GENOFEN – 400
• GENOFEN – 600
• Fluner
• DONARIZINE
• Genozyme Capsule
• Genozyme Readymix
• Endos etc.

Contact them – Tivim Industrial Estate, Karaswada, Bardez, Goa, 403526

5. Sanofi Ltd:

Sanofi Ltd. was incorporated in the year 1956 and is the leading pharmaceutical company across India. The company’s main concentration is on product quality at its manufacturing sites. Sanofi India Limited also provides the service of third-party manufacturers. In addition to these, regulatory approvals as per Indian Legislation also endorse the quality and safety of the products manufactured at our sites. Sanofi India Limited also manufactures its products through third party manufacturers. The different types of dosage forms include

• tablets
• capsules (hard and soft)
• Syrups
• Gels
• Eye/Ear drops
• ampoules
• vials
• creams and
• ointments.

These products are manufactured in accordance with the same quality standards as those prevalent at its own manufacturing sites for domestic consumption and for export to Russia, Ukraine, and other CIS countries. They aim to prevent illnesses through our vaccines, and provide innovative treatments to fight pain and ease suffering. The products manufactured by the Company are distributed in India and exported to many developed as well as developing countries.

Contact them – G I D C, Phase-III, Verna, Industrial Estate, G I D C, Goa, 403722.

6. Blue Cross Laboratories Limited:

Blue Cross was founded in the year 1980 with the aim of achieving world-class quality standards for all its products. Plants are approved by F.D.A., W.H.O., and many overseas countries for compliance with current G.M.P. requirements. The company is one of the leading research-based pharmaceutical companies in India with over three decades of experience in providing healthcare products to people across the globe.

Its aim is to achieve world-class quality standards for all its products. To accomplish this Blue Cross deploys rigorous testing and elaborate in-process control procedures backed by advanced quality assurance facilities. They discover, develop, and deliver a wide range of innovative and highly advanced pharmaceutical products covering major therapeutic segments like

• Antibacterials
• Pain Management
• Antispasmodics
• Cough & Cold Preparations
• Cardiology, Diabetology
• Dermatological
• Anti-ulcers
• Antipyretics etc.

in different dosage forms at an Affordable cost.

Contact them – Verna Industrial Estate, Verna, Goa 403710

7. Knoll Pharmaceuticals Limited:

Knoll Pharmaceuticals is a leading company with fast growth in the segment of the healthcare industry, having the vision to create a truly international healthcare company that would address complete healthcare needs. Their aim is to devise formulations and dosage forms for new drugs to be introduced and to make variants of particular dosage forms.

Knoll Healthcare believes in innovation & differentiation, in order to meet our customer’s needs we have developed a huge basket of healthcare products that address all the therapeutic dosage forms:

• Tablets
• Capsules
• Syrups
• Drops
• Ointments and oil
• Injection
• Dry Syrups etc.

Contact them – Verna Industrial Estate, Goa 403722

8. Merck India Limited:

The company was incorporated in the year 1668 and understands scientific curiosity and a strong sense of responsibility toward its customers. Merck India is in the business of healthcare, life science, and performance materials. We are leaders in science and technology and offer high-quality products in all three sectors. Our research and development (R&D) focuses on patients whose needs are still unmet.

They work on many therapeutic areas including:

• Allergen Immunotherapy
• Neurology and Immunology
• Oncology
• Endocrinology
• Fertility

Contact them – Fl No-f 02, Mitsu Residency, Jofilnagar, Ponda, Ponda, Goa, Fl No-f 02, Goa 403401

9. Blossom Pharmaceuticals:

The company started its journey in the year 1995 and made its place in the list of Top 10 pharma companies in Goa. Blossom Pharmaceuticals is involved in the manufacturing and marketing of many pharma products and is backed by their well-equipped state-of-the-art manufacturing, research & development setup. They have a strong presence in Topical Formulations across various segments:

• Anal Fissures
• Antibiotics
• Antifungals
• Anti-Acne
• Enemas
• Denture Adhesive
• Corticosteroid
• Emollients
• Skin Protectant creams etc

Contact them –  Plot No 21/22, Mumbai-Gao Hwy, Tivim Industrial Estate, Karaswada, Mapusa, Goa 403507

1o. Marksans Pharma:

The company is a leading pharma company across India and has achieved global recognition within a very short span of time. They have established world-class manufacturing facilities by leveraging state-of-the-art technology, incorporating best practices, and adhering to stringent regulatory compliances. Their R&D capabilities include dossier development, chemical synthesis, process optimization, formulation development, analytical development, and conducting stability studies.

Their key focus areas lie in the OTC & prescription drugs that have wide-ranging applications across fields like

• Oncology
• Gastroenterology
• Antidiabetic
• Antibiotics
• Cardiovascular
• Pain Management
• Gynecology

Contact them – Plot no. L-82, L-83, Verna Industrial Estate Verna, Goa – 403722, India.

Conclusions:

The listed companies above in the Best and Top companies in Goa that provide respected services like Contract manufacturing, Franchise, Third party services to their customers at very cost-effective rates. You can choose the best pharmaceutical company from the list to acquire more growth in the Indian market or you can directly contact us by filling out the form on our website page or ring us at 9041446655. We are always there for your help.

FAQs About Top 10 Pharma Companies in Goa –

Q1. What is the total pharma industry count in Goa?

Ans. As per the data retrieved, there are estimated to be around 68 pharmaceutical companies in Goa.

Q2. How does the GST impact the pharma business?

Ans. GST raises the indirect tax paid by pharmaceutical companies by around 60% and MRP by 4%. Thus, leaving a Tax rate of 15 percent which is told to be 18 percent for diagnostics and reagents.

Q3. How do pharma companies handle regulatory audits?

Ans. The regulatory process of QA includes several protocols such as the planning of audits, documentation, training of staff, implementing the quality management systems, conducting internal audits, and timely mock inspections to be prepared.

Aditi

Hi, I am Aditi. I have a Degree in M.SC. Biotech. I love to write content related to the Pharmaceutical industry. I have been writing content related to the pharmaceutical industry for the past 5 years. I also have a work experience of more than 3 years as a research scientist. Linkedin Profile