Panacea Biotec is an Innovation driven Biotechnology company.
Business Model:
Revenue: $45.9M
Employees: 51-200
Address: Mohan Co-operative Industrial Estate, Mathura Road
City: New Delhi
State: delhi
Zip: 110044
Country: IN
Panacea Biotec is an Innovation driven Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals, Vaccines and Biosimilars. Panacea Biotec was set up in the year 1984, under the name of Panacea Drugs Private Limited with a commitment to make Innovative Products Affordable and Accessible to the masses. It got publically listed on Indian National Stock Exchanges in September 1995 as Panacea Biotec Ltd. Panacea Biotec is witnessing a period of expansion across every aspect of their business from innovative products to customers in market, from manufacturing to regulatory approvals and thereby laying the foundation for translation of their vision in becoming greatest, largest and most admired biotechnology company in the World by 2020. Ardent Research and Development efforts have always been a great strength of Panacea Biotec. The main research areas are New Chemical Entities (NCE), New Biological Entities (NBE) Novel Drug Delivery System (NDDS) based pharmaceutical formulations, Novel peptides &a; human monoclonal antibodies and Vaccine development. The company has developed four distinguished, ultra-modern, state-of-art R&a;D centres in different locations, having internal capabilities for constant research, with over 300 highly professional and skilled scientists engaged in various aspects of research.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2019 | Grant | $24.3M | 4/2019 | Venture Round | 1 | $144M |
India Resurgent Fund India Resurgent Fund India Resurgent Fund India Resurgent Fund |
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