Panacea Biotec Ltd - Company Profile
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Panacea Biotec Ltd (Panacea) is a research-based biotechnology company. It is engaged in the research, development, manufacturing, and marketing of vaccines, pharmaceutical formulations, nutraceuticals, and nutritional products. The company’s pharmaceutical portfolio covers therapeutic areas such as hemorrhoids, piles, constipation, cold and cough, gastro-intestinal, nephrology, orthopedics, oncology, pain management, fever and diabetes. It also develops innovative adjuvants. Panacea’s pipeline products include the BPBC Betacoronavirus vaccine, NucoVac-11, DengiAll and a COVID-19 monoclonal antibody. The company operates in both domestic and international markets through its subsidiaries. Panacea is headquartered in New Delhi, India
Panacea Biotec Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Pharmaceutical Formulations (Therapeutic Areas): | Contract Research and Manufacturing | Sitcom |
| First in the World Innovations: Hemorrhoids, Piles and Constipation | Livoluk Fibre | |
| Diabetes | DapaBest | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In December, the company launched the world’s first fully liquid wP-IPV-based Pentavalent vaccine, EasyFourPol, in India. |
| 2023 | Plans/Strategy | In March, the company introduced new facility at Biocon Park, Bengaluru. |
| 2022 | Asset Disposal | In March, the company sold its domestic formulation brands for India and Nepal to Mankind Pharma Ltd. |
Competitor Comparison
| Key Parameters | Panacea Biotec Ltd | Lupin Ltd | Zydus Lifesciences Ltd | GlaxoSmithKline Pharmaceuticals Ltd | Concord Biotech Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Mumbai | Ahmedabad | Mumbai | Ahmedabad |
| State/Province | Delhi | Maharashtra | Gujarat | Maharashtra | Gujarat |
| No. of Employees | 1,290 | 19,021 | 23,283 | 3,103 | 1,571 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dr. Rajesh Jain | Chairman; Managing Director | Executive Board | 1984 | 61 |
| Vinod Goel | Secretary; Chief Financial Officer; Head - Legal | Senior Management | 2025 | - |
| Ankesh Jain | Director | Executive Board | 2016 | 37 |
| Harshet Jain | Director | Executive Board | 2025 | - |
| Sandeep Jain | Joint Managing Director | Executive Board | 1984 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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