Third-party manufacturing units have a noticeable significance in the pharmaceutical industry. They are considered the backbone of the sector, and without their proper functioning, a progressive growth of the industry cannot be imagined. Approaching them and outsourcing the production work of pharma products can save you a huge amount of money. So we have listed the Top 10 third-party manufacturing companies in India. Learn about them and see how to approach them from an outsourcing perspective.
Best Third-Party Manufacturing Company In India
Selecting a third-party manufacturer is an important step, and you should never be in a hurry to finalize the outsourcing. Here are a few steps to follow:
- You need to ensure that the third-party manufacturing services in India offered by a manufacturer are registered and possess various licenses.
- A time comes when you have to scale your business for potential growth. If, from the beginning, you partner with a third-party manufacturer who has the resources to produce bulk production, then it is advisable to partner with such a manufacturer only. We are sure you don’t prefer to switch to a manufacturer unit frequently (this can ruin the product quality and your market image both).
- Make sure that the manufacturing unit works under the strict local and international laws to keep the product quality at a high standard.
- Ensure that there is work transparency before the beginning of the partnership (better to sign a legal mutual agreement).
JM Laboratories: WHO GMP-certified Third-Party Manufacturer
A renowned third-party manufacturer with over 18 years of industry experience. Master of manufacturing numerous pharma products for small- or large-scale businesses. They have their presence in Solan (Himachal Pradesh). They maintain their product quality by following the standards set by WHO-GMP and ISO certifications.
They specialize in making:
- Anti-bacterial drugs
- Anti-diabetic drugs
- Diuretics drugs
- Cardiovascular drugs
- Autacoids drugs
- Drugs for respiratory disorders
- Gastrointestinal drugs
- Drugs affecting bloods
- Nutritional Supplements
- Hormones and related drugs
- Antifungal drugs
- Antiviral drugs
Dr. Reddy’s Laboratories: A Reliable Source
A leading third-party manufacturer exists in India. Master of producing generic, biosimilar, and specialized drugs.
Specialization:
- The R&D team focuses on innovation and affordability
- WHO-GMP certifications, including a USFDA facility
- Availability of various injectable and topical formulations
Lupin Ltd: Progressive Third-Party Manufacturers
A renowned name in the world of the pharmaceutical industry. They specialize in dealing with generics, active pharmaceutical ingredients, and specialty drugs.
Specialization:
- Master of therapeutic areas such as cardiovascular, dermatology, and respiratory.
- They have their physical presence in over 100 countries
- A strong research and development team that provides innovative formulation development
FDC Pharma: One of the renowned company
Fastest-growing OTC drug manufacturer. All the precautionary measures are being taken while producing drugs. All the process is in compliance with regulations.
Intas Pharmaceuticals: Masters of their field
They are experts in manufacturing biosimilar and specialty drugs. They are capable of fulfilling small- to large-scale production needs. Very responsive and professional approach they possess.
Torrent Pharmaceuticals
Have a strong R&D team with a presence in over 40 countries. They follow a strong supply chain management system to export products safely to international borders. After appropriate R&D, they commence their production.
Sun Pharma: Multi-medicine manufacturer
Numerous health issues are rising in society, and understanding the need for safe medicine, Sun Pharma has initiated the production of safe, effective, and efficient drugs. They are specialized in dermatology, cardiology, and ophthalmology drugs.
Zydus Cadila: Their products are renowned and backed by science
A top-notch manufacturer of biosimilar and biologic drugs. Every raw material they purchase to manufacture drugs has to go through two layers of lab tests. This shows their dedication towards manufacturing a clean and effective product each time.
Alkem Laboratories: Produce numerous products
They have industry experience and mastery in manufacturing the most demanding products in the market. With the assistance of an expert team of scientists, they manufacture injectables, tablets, and other industry-related products.
Cipla Ltd: Lead by example
They have their presence in 80 countries. Specialization in respiratory, cardiovascular, and anti-infectious drugs. They believe in manufacturing premium-quality products that are easily accessible and cost-effective simultaneously.
Advantages of Partnering With Contract Manufacturing Companies in India
The contract manufacturing companies can also work as third-party manufacturers. The contract manufacturing model is ideal for the outsourcers who are seeking to outsource work for the long term and are willing to sign the legal agreement with the manufacturer. A customization option is available in the formulation development in contract manufacturing. Whereas third-party manufacturing is ideal for small-scale businesses or for new start-ups. Moreover, the outsourcing of production is always beneficial. Know-how:
- The experienced manufacturers always finished production efficiently and on time.
- Approaching them is a cost-effective move. You don’t have to invest in facilities and equipment.
- Let the manufacturer produce products for you, and you can focus on branding.
- Many manufacturers have access to international certificates, which means you will receive products in compliance with international standards.
The Conclusion
Hiring the services of third-party manufacturers is a vital move for your business progression. We have listed the top 10 third-party manufacturing companiesin India for your reference. Approach them for reliable third-party manufacturing experience at an affordable price.
Seeking a reliable third-party manufacturing company? Then reach out to us at JM Laboratories. Our specialization lies in producing quality products.
Questions Asked Frequently:
Q. Can you differentiate between a third-party manufacturer and a contract manufacturer?
A. Third-party manufacturers produce pharma products for small-scale businesses. Contract manufacturers produce goods mainly for a large organization and in bulk quantities.
Q. What does R&D stand for in the manufacturing industry?
A. R&D stands for research and development. The professional team of doctors or scientists works on formulation development to provide a better version of pharma products.