Type | Private |
---|---|
Industry | Biopharmaceuticals |
Founded | 1984 |
Founder | Dr. Urmish Chudgar |
Headquarters | Ahmedabad, Gujarat, |
Area served | Worldwide |
Products | Neukine (GCSF) Erykine (EPO) Intalfa (IFN) Pegasta (Peg GCSF) Terifrac (Teriparatide) Mabtas (Rituximab) Folisurge (FSH) |
Revenue | ₹ 12,600 crore (US$ 1.8 Billion) (2019) |
₹ 1,248 crore (US$ 204 Million) (2019) | |
Number of employees | 8000+ (2021) |
Website | www |
Intas Biopharmaceuticals Ltd is an Indian multinational company headquartered in Ahmedabad, Gujarat. It was founded by Dr. Urmish Chudgar and is now headed by Hasmukh Chudgar. The Biologics unit (BU) of the company is located in Ahmedabad and it is one of the leading biosimilar product manufacturers in Asia. The unit (BU) has its own biopharmaceutical operations with a R&D facility and an EU-GMP certified bio-pharmaceutical manufacturing facility. [1]
Intas Biopharmaceuticals Limited was set up in 1980 by Dr. Urmish Chudgar, a hematologist, as an independent biotechnology division of Intas Pharmaceuticals Ltd. It is a mid-sized generic formulation manufacturer located in Ahmedabad, India. The division was merged with the parent company Intas Pharmaceuticals Limited in 2013. Now, Intas Biopharmaceuticals is headed by Hasmukh Chudgar.
The company faced an EU-GMP (Good Manufacturing Practice) audit in December 2006, to seek approval for a clinical trial of its biosimilar Filgrastim in Europe and was certified as EU-GMP compliant in April 2007, becoming the first company in India to receive such certification. [2]
Apart from EU-GMP certification, the company has approvals from MCC South Africa, Gulf Cooperation Council (GCC), Syria, Yemen, Belarus and several other national health authorities for its manufacturing facility and products. [3] [4]
In 2015, the company launched Accofil, a treatment for immune system disorders. [5] [6]
The company had an annual revenue of $1.8 Billion (₹12,600 crore) in 2019 and a profit of $204 Million (₹1,248 crore) after taxes in the financial year 2019. The company's 69% of revenue came from international operations in the FY2019 while just 31% came from India. [7]
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