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The main area of work in Collagen technologies and Drug delivery systems in the area of Burns, Advanced Wound Management, Surgical Hemostasis, and Dental Regeneration. (Leading Pharma Company in Tamil Nadu):Įucare Pharmaceuticals (P) Ltd., is a Bio-Pharmaceutical company incorporated in the year 1996 from Chennai, India. In the listed companies below we have provided you with all the required information about the company, some of their product list and its registered address. The state occupies the fifth position in pharmaceutical manufacturing in the country, but it can be taken forward provided more encouragement is derived from the government. Most of the pharma companies are located in Chennai, Thiruvallur, Vellore, Kanchipuram. In this post, we have the list of top 10 pharma firms in Tamil Nadu.
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List of Top 10 Pharma Companies in Tamil Nadu The present growth rate of Tamil Nadu is 20%, which will grow further as there are a lot of big pharmaceutical companies at the national level who show interest to do contract manufacturing with SMEs.
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Availability of idle capacities with several small and medium enterprises, contract manufacturing has increasingly grown in the Indian pharmaceutical industry.The department of pharmaceuticals (DoP) has recently announced an allocation of Rs.400 crore for cluster development programs (CDPs) as well as pharmaceutical technology upgradation (PTU) purpose.Further for the empowerment of state pharma sector, important decisions are taken for setting up a sophisticated pharma park in Chennai.The Government initiative will help for more outlay in the budget allotment for the healthcare which will ultimately raise the demand for pharmaceutical products in the country.The low cost of production and R&D boosts the efficiency of Indian pharma companies in Tamil Nadu.Viewing good future prospects of Indian Pharma sector, The government of the state is taking a lot of initiatives for the pharma industry which is able to produce high-quality medicines for the country and also for the world.10. Twenty First Century Pharmaceuticals Pvt Ltd.:įactors which help Tamil Nadu to be a Pharmaceutical Hub in India.3. East West Pharma (Best Pharma Franchise companies in Tamil Nadu):.2. GreenSignal Bio Pharma Private Limited:.List of Top 10 Pharma Companies in Tamil Nadu.Factors which help Tamil Nadu to be a Pharmaceutical Hub in India.Tamil Nadu has good future prospects of Indian Pharma sector. Sooner or later the state will become a hub of pharma industries in India.
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The government at the Centre and the state is showing vast interest in giving all support to the pharma industry in Tamil Nadu in the form of pharma parks, interest subsidies, and electricity. Tamil Nadu has a network of about 113 industrial parks and estates offering developed plots with supporting infrastructure. Located in the southernmost part of the country. Tamil Nadu is the fourth largest state of India. According to reports, in 2017-18 the Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 11.28 percent to US$ 221.42 billion whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 11.27 percent to US$ 198.59 billion. It ranks first among the states in terms of the number of factories and industrial workers. List Of Pharma Companies in Tamilnadu – Tamil Nadu has a diversified manufacturing sector and features among the leaders in several industries like automobiles, pharmaceuticals, healthcare, etc.