- Business
- Mankind Pharma Limited develops, manufactures, and markets pharmaceutical formulations and consumer healthcare products primarily in India with select international operations. The company offers a diversified portfolio exceeding 500 products across acute and chronic therapeutic areas including anti-infectives (15% domestic sales share), cardiovascular (15%), gastrointestinal (10%), respiratory (9%), anti-diabetic (9%), vitamins/minerals/nutrients (8%), gynaecology (8%), dermatology (5%), pain/analgesics (4%), and neuro/CNS (3%); prominent consumer healthcare brands encompass Manforce condoms, Prega News pregnancy detection kits, Unwanted-72 emergency contraceptives, Gas-O-Fast antacids, HealthOK multivitamins, and AcneStar anti-acne preparations. Founded in 1991 and commencing active operations in 1995, Mankind Pharma maintains headquarters in New Delhi, India, with 30 manufacturing facilities predominantly in Paonta Sahib (Himachal Pradesh), Haridwar (Uttarakhand), and Sikkim; it supports extensive domestic penetration via 16,000+ field force personnel, 13,000+ stockists, and coverage of over 500,000 doctors, deriving 92% of revenues from India across metros/Tier 1 (53%), Tier 2-6/rural (47%), and zones including North (35%), West (23%), South (23%), and East (19%), alongside exports to the US, Mexico, and pharmerging markets. Recent developments include the July 2024 announcement of a INR 13,630 crore acquisition of Bharat Serums and Vaccines (BSV) approved by CCI in October 2024, funded partly by a December 2024 INR 3,000 crore qualified institutional placement; a October 2025 INR 797 crore slump sale acquisition from BSV of its women's health Rx branded generics portfolio to bolster gynaecology offerings; in-licensing of AstraZeneca's Symbicort inhaler and Novartis' Inclisiran for respiratory and cardiac segments respectively during FY24; commissioning of India's first fully integrated dydrogesterone facility in Udaipur, Rajasthan; launch of ~150 SKUs with DMF-grade APIs and Nobeglar insulin glargine (Anti-Diabetic Launch of the Year); Phase 1 completion of NCE molecule GPR 119 for obesity/metabolic disorders; and incorporation of a wholly-owned subsidiary Mankind Pharma LLC in Russia in August 2025 for business expansion.