Panacea Biotec | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Panacea Biotec is a global biotechnology and pharmaceutical company based in New Delhi, India, with additional offices in Mumbai and Lalru. Founded in 1984, it focuses on making healthcare products affordable and accessible. The company is a leading manufacturer of vaccines and has a significant presence in the global vaccine market, with products registered in over 16 countries.
The company operates primarily in two segments: vaccines and pharmaceutical formulations. It is known for its pediatric vaccines and has played a crucial role in polio eradication by supplying billions of doses of the WHO-prequalified oral polio vaccine. Its vaccine portfolio includes pentavalent vaccines and the Sputnik V COVID-19 vaccine, produced under a partnership with the Russian Direct Investment Fund. In addition to vaccines, Panacea Biotec markets over 120 pharmaceutical products across various therapeutic areas, including oncology and diabetes, as well as nutraceuticals and natural products. The company serves both domestic and international markets, supporting government immunization programs and private healthcare sectors.
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