March 16, 2023 | Others
Akums Drugs and Pharmaceuticals Ltd.: A General Overview
Akums Drugs & Pharmaceuticals Ltd. is a name that symbolizes excellence that is continuously extending its horizons in the pursuit of humanity and compassion. It is the worldwide recognized largest contract manufacturing pharmaceutical company in India and is responsible for manufacturing a major chunk of India’s medicine consumption. Being the nation’s largest finished drug manufacturer, the company is accountable for the health and well-being of millions of individuals. It offers a trusted partner to leading pharmaceutical companies at the domestic and international levels and is on an expedition to deliver quality healthcare worldwide.
Akums’ Contribution in Pharmaceutical Sector
The Indian pharmaceutical sector is mounting at an unanticipated velocity and is now considered the third-largest in the world. Taking the nation’s name ahead and leading this growth, Akums drugs and pharmaceutical Ltd is India’s largest contract manufacturing organization that produces 12% of all drugs consumed in India. It is the leading brand in the market, known for its dedication to efficacy, safety, and excellent quality.
Growth Marked at Exponential Rate
Akums began its journey in 2004 with a single manufacturing unit at Haridwar. With the constraints of limited resources, the following years proved remarkable to grow exponentially. However, limitations never hindered growth; in fact, they doubled the confidence of the visionaries to lead the company to a new height. This is a sheer reflection of the hard work, devotion, and dedication of the Founders and Directors, Mr. Sanjeev Jain and Mr. Sandeep Jain, along with the team to build this brand, a foremost pillar of the pharmaceutical sector.
The company has extended its reach with ten state-of-the-art facilities to offer world-class manufacturing services and a comprehensive range of services, from formulation development to market launch. The group deals in manufacturing and exporting formulations in a wide spectrum of dosage forms & therapeutic segments. The corporation presently supplies almost all Indian and multinational pharmaceutical companies across the globe and holds the record of being the 67thlargest employer in the country, employing more than 15000 employees.
Strength & Assets of the Company
The firm sustained stringent adherence to quality and compliance that has helped the company to craft a brand name with due respect to its strong commitment to ethics and fair business practices; Akums has emerged as an integrated solution provider for companies seeking specific development and is preferred as the best business partner to massive companies around the world. Within a short period, the organization has established itself as the giant icon of the Indian pharmaceutical manufacturing industry.
By deploying the latest technologies and novel drug delivery systems to offer innovative products having the best patient compliance and product potency, Akums served 1100 + Marquee clientele by manufacturing TOP ORG brands for renowned Pharma Houses and Multi-National Companies. More than 6000 formulations are spread across 16,500 brands through all Therapeutic segments, along with 855 DCGI and 561 FSSAI approvals.
The group is measured as progressive with its pursuit of modernization and amalgamation of urbane expertise as per the demand of the time. Blessed with well-built infrastructural support and technical expertise and the largest R&D workforce of 250 with Integrated SAP and LIMS software for operational excellence, AKUMS caters to a considerable percentage of medicinal requirements in India and manufactures 20 billion Units of Tablets and Capsules in the FY 2021-22.
One name that sets a benchmark for manufacturing pharmaceuticals in India is Akums Drugs & Pharmaceuticals Ltd.