Akums, the largest pharmaceutical contract manufacturing company, acquires the HP plant from Ankur Drugs And Pharma Ltd.

Akums Drugs & Pharmaceuticals Ltd, the largest pharmaceutical contract manufacturing company in India, recently acquired a facility from Ankur Drugs and Pharmaceuticals Limited. The facility acquired by Akums Drugs is one of the largest drug manufacturing plants in the country. With this acquisition, Akums will increase its production capabilities for general oral tablets and oral liquids. The planned capacities of the new facility are 6 billion units of tablets and 90 million units of oral fluids per year. This facility is expected to be fully operational by the end of 2022.

Founder, Promoter and Director of Akums Drugs & Pharmaceuticals, Shri Sandeep Jain says, “What adding this new facility to our existing network means is to intensify our continuous efforts to serve our customers efficiently and better serve the nation. At Akums, we are already leading the market in many areas and therefore we also know that there is still a long way to go. With this new facility at Nalagarh in Solan, Himachal Pradesh, we are trying to fill other capacity gaps in the pharmaceutical industry.

Founder, Promoter and Director of Akums Drugs & Pharmaceuticals, Shri Sanjeev Jain said: “In 2021, our supplies accounted for approximately 12% of the total market. With this new acquisition of facilities in the state of Himachal Pradesh and our previous acquisition in Kotdwar, Uttarakhand in August 2021, we have further strengthened our total capacity. This expansion is a step towards reaching our target of 20% market share. Operations at our factory in Kotdwar started recently, while our new factory in Himachal Pradesh is expected to start operations by December 2022.”
Apart from these changes, Akums had also acquired three API facilities near Chandigarh in January 2021, all of which contribute to building its capacity and efficient upstream integrated supply chain to strengthen its market leadership position in India, as Akums manufactures about 12% of all drugs consumed in the country.

About Akums

Akums Drugs & Pharmaceuticals Ltd. is India’s largest pharmaceutical contract manufacturing company, manufacturing over 12% of Indian consumption. The organization is involved in the manufacture and export of formulations in a wide range of dosage forms and therapeutic segments. The company currently supplies almost all Indian and multinational pharmaceutical companies across the world and is one of the largest employers. The 10 state-of-the-art facilities are dedicated to oral solid dosage forms (with separate units for beta-lactum and non-beta-lactum formulations), oral liquid dosage forms, sterile dosage forms (injectable, ocular, ear and nasal) , hormonal (oral and injectable), ointments & cosmetics, Ayurvedic, food supplements & nutraceuticals and animal health care.

Within a few years, the organization has become the icon of India’s pharmaceutical industry and currently manufactures over 12% of the country’s total medical needs. With the creme de la creme of dedicated pharmaceutical staff and standardized practices, Akums has successfully achieved national and international accreditations and established trust based on efficacy, safety and quality. The organization is certified by WHO-GMP, ISO 9001:2015, ISO 14001:2015 certificates and various international accreditations, such as; ANVISA, Brazil, NAFDAC, Nigeria, FDB, Ghana, PMPB, Malawi among others and exports to 53 countries around the world.

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