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Panacea Biotec is India’s highly
progressive, Innovative health management company based on
Research & Development, Manufacturing and marketing of
Pharmaceuticals, Biopharmaceuticals, Vaccines and natural /
indigenous products.
Our Past, Current & future forays in
domestic & global arena are guided by our vision of “Innovation
in support of Life”.
Panacea Drugs Pvt. Ltd. was set up in
the year 1984, with a commitment to make novel and
innovative medicines affordable to the masses a dream of
healthy India, and got listed in 1995 as Panacea Biotec
Ltd.
Panacea Biotec is witnessing a
period of expansion across every aspect of our business from
innovative products to customers in market, from
manufacturing to regulatory approvals and thereby laying the
foundation for translation of our 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 centers in different locations, having internal
capabilities for constant research, with over 300 highly
professional and skilled scientists engaged in various
aspects of research.
Focused research efforts have led to
grant of worldwide product patents valid in over 68
countries for Panacea Biotec. As on 31st March 2011,
the company had filed over 1400 patent applications in
various parts of the world including India. Of these, 382
have been granted patent and others are under various stages
of examination or publication by the patent authorities.
Some of these countries are USA, U.K., France, Germany,
Italy, Sweden, Denmark, Spain, Finland, Switzerland, The
Netherlands, New Zealand, Mexico, Brazil, Nigeria, Zimbabwe,
Australia, South Africa, Japan, Russia, Canada, Ukraine,
Korea and China,.
Our aspirations are supported by a
“Globally accredited” US-FDA approved manufacturing facility
at Baddi supported by the 4 “State of the Art” R & D
Centers.
The company has ultra-modern,
state-of-art production facilities at Baddi (Himachal
Pradesh), Larlu (Punjab) & Delhi for manufacturing tablets,
capsules (including soft gelatin), ointments (transgel
formulation) liquids, herbal formulations and vaccines. The
facilities are WHO cGMP compliant.
The product portfolio includes highly
innovative prescription products in niche therapeutic areas
like pain management, diabetes & cardiovascular management,
Oncology, renal disease management, osteoporosis management,
anti-tubercular, gastro-intestinal care products and
vaccines. Our current business stems from our leadership
segments in India i.e. Nephrologicals, Anti Diabetes & Pain
with some exclusive products based on patented Drug Delivery
System.
Our first Nanotechnology based product
‘PacliAll’ (Paclitaxel in protein bound particles) has been
launched recently. Apart from fortifying our presence in the
above segments; we are planning major forays in
Gastrointestinal, Osteoporosis, Cardiovascular & more
importantly Oncology.
Panacea Biotec is the largest
Vaccine manufacturing Company in India and is well
acknowledged by the UN Health Agencies in partnering the
Polio eradication initiative with supplies of millions of
doses of WHO Pre-qualified Polio vaccine. As a sequel to the
completion of full range of Oral polio vaccines (tOPV,
mOPV1, mOPV3 & bOPV) Panacea Biotec has introduced
the next generation Inactivated Polio vaccine (eIPV) vide a
collaboration with the Netherland Vaccine Institute. This
vaccine has found extensive usage in India for more than 3
years now and is registered in Bangladesh. IPV is also in
advanced stage of registration in 10 countries word wide
with the target of being in more than 30 countries in a
couple of years and has been put up for WHO prequalification
which is expected soon.
Panacea Biotec is the first
company in to have developed fully liquid Pentavalent
vaccine (DTwP+Hep B+Hib) Easy Five. Easy Five is a WHO
Prequalified vaccine being used in more than 25 countries
worldwide. The vaccines portfolio also consists of Enivac-HB
(Hepatitis B vaccine), Enivac-HB Safsy, Ecovac-4 (DTwP+Hep
B), Easyfour (DTwP+Hib), which are also WHO prequalified.
Vaccines in the offing are- Anthrax, Dengue, Japanese
encephalitis and several others. A strong innovative vaccine
pipeline is on the anvil which would pave the way for a
consistent introduction of Next Gen Vaccines in future.
Panacea Biotec is the third
largest biotechnology company (as per ABLE Survey, 2011), as
well as among the top 50 pharmaceutical companies (as per
ORG IMS March 2010) of India. To tap newer opportunities,
Panacea Biotec has organized its formulation marketing
into Six SBUs - PRO Care, Diacar Alpha, Diacar Delta, GROW
Care, Onco Trust, and Critical Care, which enables it to
respond to changes in the industry and marketplace. The
vaccines are marketed through Chiron Panacea Vaccines, a
50:50 joint venture with Novartis Vaccines, U.K
We have tie up with National Institute
of Immunology, India for Japanese Encephalitis candidate
vaccine, Biotech Consortium India Ltd. for the development,
manufacture and marketing of Anthrax vaccine, worldwide and
with National Institute of Health, USA, for use of a peptide
based product for generation of hair follicles and hair
growth.
Panacea Biotec has also
collaborated with Netherlands Vaccine Institute for
Inactivated Polio Vaccine; NRDC- India for Foot & Mouth
Disease vaccine for veterinary use and Bio Farma-Indonesia
for Measles vaccine.
Panacea Biotec has established a
countrywide sales and marketing network in India through a
vibrant sales force of more than 1,500 professionally
trained and highly motivated marketing and sales
professionals and efficient logistic network of 22 sales
depots/carrying and forwarding agents all over India to make
its products available at all places and at all times.
While Panacea Biotec Ltd has
achieved a plethora of credentials on Home ground (India);
it has also consolidated its presence in about 21 markets
across CIS, Latin America, Middle East, Asia & Africa. Our
International Pharma business performance for the current
financial year is pegged at nearly US $ 16 million with a
robust growth of nearly 150%. The financials are expected to
improve in a similar exponential manner in the next 2-3
years due to expected commercialization in Key markets
across US, Latin America & Europe.
Panacea Biotec has identified
brand building in exports as its thrust area and it has
significant presence in the global markets including the
CIS, Africa, the Middle East and Asia. The company is
actively exploring opportunities for launching as well as
licensing out some of our patented products for
manufacture/marketing in developed countries in Europe &
North America.
VISION 2020;
In 1995 our vision was to become one of
the leading Pharmaceutical/ Health Care Company in the
country. Having achieved the Landmark of 1000 Cr. in
2010-11; the Company has enlarged the vision to global
reach. To become greatest, largest and most admired
Biotechnology Company in the World.
Greatest in respect of revenues
generation and profitability, Largest in respect of the
number of therapeutic segments, number of product patents,
production figures, number of patient served and most
admired company for all our stakeholders. |