Company type | Public |
---|---|
NSE: NATCOPHARM BSE: 524816 | |
Industry | Pharmaceuticals |
Founded | 1981 |
Founder | VC Nannapaneni |
Headquarters | , India |
Area served | Global |
Key people | VC Nannapaneni (Chairman and MD) [1] Rajeev Nannapaneni (CEO and Vice Chairman) [2] |
Revenue | ₹4,127 crore (US$490 million) (FY24) [3] |
₹1,388 crore (US$170 million) (FY24) [4] | |
Website | natcopharma.co.in |
Natco Pharma is an Indian multinational pharmaceutical company based in Hyderabad. The company manufactures finished dosage formulations active pharmaceutical ingredients and Agro chemical products. [5] It is a major producer of branded oncology medicines [6] cardiology, diabetology and other pharma specialty drugs. [7] The company specialises in producing complex medicines at affordable prices. [8] [9] NATCO is a science driven company and focuses on limited competition molecules in the US. [10] [11]
A generic drug, or simply generic, is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active chemical substance is the same, the medical profile of generics is equivalent in performance compared to their performance at the time when they were patented drugs. A generic drug has the same active pharmaceutical ingredient (API) as the original, but it may differ in some characteristics such as the manufacturing process, formulation, excipients, color, taste, and packaging.
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