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Concord Biotech information


Concord Biotech
Company typePublic
Traded as
  • NSE: CONCORDBIO
  • BSE: 543960
IndustryBiotechnology
Founded2000
FounderSudhir Vaid
Headquarters
Ahmedabad, Gujarat
,
India
Area served
Worldwide
Key people
  • Sudhir Vaid (Chairman & MD)
  • Ankur Vaid (CEO)
ProductsBiologics
Small molecules
Active ingredient
RevenueIncrease 1,016 crore (US$120 million) (FY24)[1]
Operating income
Increase 466 crore (US$56 million) (FY24)[1]
Net income
Increase 308 crore (US$37 million) (FY24)[1]
Number of employees
1,180 (2022)[2]
Websitewww.concordbiotech.com

Concord Biotech Limited (CBL) is an Indian biotechnology company headquartered in Ahmedabad. The company manufactures fermentation-based biopharmaceutical active pharmaceutical ingredients (APIs) sold worldwide.[3]

It manufactures biopharmaceutical products across therapy segments such as immunosuppressant, oncology, antifungal, antibacterial and anthelmintic.[4] It has two manufacturing facilities–at Dholka near Ahmedabad, which is approved by USFDA,[5] and at Limbasi in Kheda district.[6]

  1. ^ a b c "Concord Biotech consolidated net profit rises 3.86% in the March 2024 quarter". Business Standard. Retrieved 24 May 2024.
  2. ^ "Annual Report : FY21-22" (PDF). Concord Biotech. Retrieved 17 December 2022.
  3. ^ "Jhunjhunwala backed Concord Biotech sets IPO price band at Rs 705-741". Moneycontrol. 31 July 2023. Retrieved 31 July 2023.
  4. ^ Cite error: The named reference actis was invoked but never defined (see the help page).
  5. ^ "Concord Biotech mulling new unit". Business Standard. Retrieved 5 February 2013.
  6. ^ Somvanshi, Kiran Kabtta (4 August 2023). "Concord Biotech's niche API play holds promise for growth". The Economic Times. Retrieved 24 May 2024.

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