- Business
- Concord Biotech Limited, an India-based biopharmaceutical company founded in 1984 and headquartered in Ahmedabad, Gujarat, researches, develops, manufactures, markets and sells fermentation-based active pharmaceutical ingredients, finished dosage formulations and contract research and manufacturing services internationally. The company produces APIs across key therapeutic segments including immunosuppressants such as tacrolimus, mycophenolate mofetil, mycophenolate sodium, cyclosporine, sirolimus and pimecrolimus; oncology products such as temsirolimus, everolimus, romidepsin, mitomycin, midostaurin, dactinomycin, staurosporin, mitoguazone and everolimus premix; anti-bacterials such as mupirocin, mupirocin calcium, polymyxin B sulfate, fidaxomicin, vancomycin hydrochloride and teicoplanin; anti-fungals such as anidulafungin, caspofungin, micafungin sodium, amphotericin B and nystatin; and other products including lovastatin, pravastatin sodium and enzymes. It operates formulation facilities and provides contract services in fermentation, semi-synthesis, custom API development, formulation development and analytical services, with manufacturing sites in Dholka, Limbasi and Valthera, Gujarat, that hold approvals from USFDA, EU-GMP, PMDA Japan and other global regulators; Concord serves over 70 countries across North America, Europe, Japan, Latin America, Africa, Asia-Pacific, CIS and MENA regions. Recent developments include the board's approval in November 2025 to acquire 100% equity in Celliimune Biotech for entry into cell and gene therapy, a USD 1 million investment in Palvella Therapeutics for rare genetic skin disease treatments, a USD 1,500 equity investment in Stellon Biotech Inc., up to 100 million rupees investment in a solar power project for sustainability, receipt of USFDA Establishment Inspection Report and successful EU GMP, Russian GMP and other inspections at its Dholka and Valthera facilities, and commissioning of an injectable facility at Valthera.