About Shasun Pharma
Shasun Pharma is a company based in Chennai (India) founded in 1976 by Abhaya Kumar Srisrimal was acquired by Strides Arcolab in September 2014. Shasun Pharma has raised $10 million across 1 funding round from investors including Orbimed and Strides Arcolab. The company has 661 employees as of April 09, 2024. Shasun Pharma has completed 1 acquisition, including Vanquishheadacherelief. Shasun Pharma operates in a competitive market with competitors including Almac Group, Indoco Remedies, Concord Biotech, BDR Pharmaceuticals Internationals and Aurobindo Pharma, among others.
- Headquarter Chennai, India
- Employees 661 as on 09 Apr, 2024
- Founders Abhaya Kumar Srisrimal
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Shasun Pharmaceuticals Limited
- Date of Incorporation 19 Apr, 1976
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Feb 28, 2012
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Investors
Orbimed
& 1 more
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Employee Count
661
as on Apr 09, 2024
- Investments & Acquisitions
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Acquired by
Strides Arcolab
(Sep 29, 2014)
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Funding Insights of Shasun Pharma
Shasun Pharma has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in February 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Shasun Pharma
Shasun Pharma has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Orbimed and Strides Arcolab.
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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Manufacturer of IP-led niche finished dosage formulations and soft gelatin capsules
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Investor details for Shasun Pharma
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Investments & Acquisitions by Shasun Pharma
Shasun Pharma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vanquishheadacherelief.
Investment portfolio details for Shasun Pharma
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Over-the-counter pain relief medications are manufactured for various minor aches.
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Complete acquisition details for Shasun Pharma
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Financial Statements - Shasun Pharma
Detailed financials for Shasun Pharma
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Shasun Pharma Comparisons
Peer comparison for Shasun Pharma
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Competitors of Shasun Pharma
Shasun Pharma 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, Concord Biotech, BDR Pharmaceuticals Internationals and Aurobindo Pharma, 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 enzymes are manufactured through fermentation by the CDMO.
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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 Shasun Pharma
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Latest news on Shasun Pharma
Complete news archive for Shasun Pharma
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Frequently Asked Questions about Shasun Pharma
Shasun Pharma was founded in 1976 and raised its 1st funding round 36 years after it was founded.
Shasun Pharma is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Shasun Pharma is a funded company, having raised a total of $10M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Shasun Pharma is 661.
Shasun Pharmaceuticals makes drug ingredients and finished medicines, as well as provides contract research and manufacturing services. It supplies to North America, Europe, Asia and Latin America. The company offers formulation and generic manufacturing services at its Indian sites together with contract research and manufacturing services for APIs (Active Pharmaceutical Ingredients) in India and the UK. Its service portfolio includes analytical method development and validation, scale-up technology transfer, clinical supplies manufacturing and full-scale commercial manufacturing of oral solid dosage forms. The company claims to be one of the largest global producers of generic Ibuprofen and also to have expertise in enteric coating excipients. Shasuns manufacturing facilities are certified by US FDA, MHRA, ANVISA (Brazil) and COFEPRIS (Mexico). Shasun has acquired (Rhodia Pharma Solutions business, France) and formed JV alliances (Nanoparticle Biochem, US, and Alivira Animal Health ) with foreign and domestic partners. The company went public in 1996 and merged with Strides Arcolab in Nov 2015.
Shasun Pharma's top competitors include Concord Biotech, BDR Pharmaceuticals Internationals and Almac Group.
Shasun Pharma has made 1 acquisition, including Vanquishheadacherelief.
Shasun Pharma has 2 investors. Key investors include Orbimed, and Strides Arcolab.