Page 88 - NPPA full book

INDIA’S ‘NOT SO SMALL’ PHARMA PLAYERS

Several small and medium Indian pharmaceutical companies have turned to specialising in niche products to stay ahead in

an increasingly competitive pharmaceuticals market. These companies are leveraging home-grown chemistry skills to take

up more complex and hitherto intractable technology and are in the process entering niche areas with large markets to stay
competitive. And if the growth in revenue is anything to go by, the approach is certainly working. They are exporting to countries

across the world.

Encube Ethicals: Specialist in topical formulations

Encube Ethicals is an integrated

pharmaceutical company dedicated to

topical formulations viz. creams, gels,

ointments, lotions, and solutions. Encube’s
US-FDA-approved manufacturing plant

in Goa with installed capacity of 400

Million units, is the world’s largest single-

site topical manufacturing plant. Its R&D
Centre in Mumbai houses 200+ scientists

and is the world’s largest R&D centre for

generic topical pharmaceuticals.

In 2008, Encube was also the first small
company, with a revenue of less than

100 Crores INR to install an Automated

Robotic Storage and Retrieval System

(ASRS) at its warehouse in Goa. The

journey has continued with Encube
adopting IIoT (Industrial internet of

things), digital factory, and Manufacturing

Excellence Systems (MES) concepts.

Encube’s R&D Team working on Transdermal Patches at R&D Centre in Mumbai (2022)

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