Concord Biotech

Ahmedabad, India Founded: 2000 • Age: 26 yrs
APIs and enzymes are manufactured through fermentation by the CDMO.
Annual revenue $138.1M Latest available
Total funding - 2 rounds
Employees 1570 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Concord Biotech

Concord Biotech is a company based in Ahmedabad (India) founded in 2000 by Ankur Vaid. The company has 1,570 employees as of March 31, 2024. Concord Biotech offers products and services including APIs, Formulations, and Contract Research and Manufacturing. Concord Biotech operates in a competitive market with competitors including Almac Group, Indoco Remedies, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, among others.

  • Headquarter Ahmedabad, India
  • Employees 1570 as on 31 Mar, 2024
  • Founders Ankur Vaid
  • Stage Public
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Concord Biotech Ltd.
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $138.12 M (USD)
    18.21
    as on Mar 31, 2025
  • Net Profit
    $43.54 M (USD)
    20.62
    as on Mar 31, 2025
  • EBITDA
    $58.06 M (USD)
    18.24
    as on Mar 31, 2025
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1570

    as on Mar 31, 2024

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IPO & Listings of Concord Biotech

Concord Biotech is a publicly listed company on the NSE with ticker symbol CONCORDBIO in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: CONCORDBIO · Sector: Commercial services · India

Products & Services of Concord Biotech

Concord Biotech offers a comprehensive portfolio of products and services, including APIs, Formulations, and Contract Research and Manufacturing.

Product name locked
Category locked
Primary

Manufactures fermentation and semi-synthetic APIs for therapeutic segments.

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Produces nephrology and critical care formulations for global markets.

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Offers formulation development and manufacturing services for APIs.

People of Concord Biotech

Headcount 500-1000
Employee Profiles 48
Employee Profiles
People
Arun Patel
Manager Packaging Development
People
Dharnidhar Mistri
General Manager Engineering
People
Dipak Mehta
Assistant General Manager HR & Admin
People
Sandeep Kumar
Regional Business Manager

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Funding Insights of Concord Biotech

Investors in Concord Biotech

Concord Biotech has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Quadria Capital, Helix Investments and Rakesh Jhunjhunwala.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Healthcare private equity investments focused on Asian markets.
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Private equity firm focused on acquisitions
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Rakesh Jhunjhunwala

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Investor details for Concord Biotech

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Investments & Acquisitions by Concord Biotech

Investments
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Investment portfolio details for Concord Biotech

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Financial Statements - Concord Biotech

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Detailed financials for Concord Biotech

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Concord Biotech Comparisons

Concord Biotech Primary company
Description
APIs and enzymes are manufactured through fermentation by th...
Location
Ahmedabad, India
Founded Year
2000
Annual Revenue
$138.12 M (USD)
Net Profit
$43.54 M (USD)
EBITDA
$58.06 M (USD)
Employees
1,570
As of 2024
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Peer comparison for Concord Biotech

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Competitors of Concord Biotech

Concord Biotech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Almac Group, Indoco Remedies, BDR Pharmaceuticals Internationals, Aurobindo Pharma and Asymchem, among others.

Company Name Domain Founded year HQ Location Description
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Integrated CDMO services for biopharma R&D and manufacturing are offered.
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APIs manufacturing and formulation services are provided in therapeutic segments.
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APIs and finished products are developed and manufactured.
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Generic biocatalytic solutions are provided for pharmaceutical applications.
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APIs and peptides are developed and manufactured by Asymchem.
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Detailed competitors of Concord Biotech

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Latest news on Concord Biotech

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Complete news archive for Concord Biotech

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Frequently Asked Questions about Concord Biotech

Concord Biotech was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Concord Biotech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Mar 31, 2024, the latest employee count at Concord Biotech is 1,570.

Annual revenue of Concord Biotech is $138.12M as on Mar 31, 2025.

Founded in 2000 in Ahmedabad, India, the company operates as a CDMO in the pharmaceutical sector, specializing in research and production of fermentation-based semi-synthetic and synthetic APIs. Products cover immunosuppressants, antibiotics, oncology, antifungals, hypolipidemics, and enzymes. Services include strain improvement and contract fermentation manufacturing. Capabilities extend to solid orals, oral liquids, and suspensions compliant with global standards, with supplies provided internationally.

Concord Biotech's top competitors include BDR Pharmaceuticals Internationals, Almac Group and Indoco Remedies.

Concord Biotech offers APIs, Formulations, and Contract Research and Manufacturing.

Yes, Concord Biotech is publicly traded on NSE under the ticker symbol CONCORDBIO.

Concord Biotech has 3 investors. Key investors include Quadria Capital, Helix Investments, and Rakesh Jhunjhunwala.

The ticker symbol of Concord Biotech is CONCORDBIO on NSE.

The valuation of Concord Biotech is $352.41M as of Jul 2016.

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