Sun Pharma

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Indian multinational pharmaceutical company

title: "Sun Pharma" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["sun-pharma", "bse-sensex", "indian-brands", "pharmaceutical-companies-of-india", "vaccine-producers", "nifty-50", "indian-companies-established-in-1983", "1983-establishments-in-gujarat", "nutritional-supplement-companies", "companies-listed-on-the-national-stock-exchange-of-india", "companies-listed-on-the-bombay-stock-exchange"] description: "Indian multinational pharmaceutical company" topic_path: "geography/india" source: "https://en.wikipedia.org/wiki/Sun_Pharma" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Indian multinational pharmaceutical company ::

::data[format=table title="Infobox company"]

FieldValue
nameSun Pharmaceutical Industries Limited
logoSun Pharma logo.svg
logo_size120px
image_size250px
image_captionSun Pharma headquarters in Mumbai, India
typePublic
traded_as
ISININE044A01036
hq_location_cityMumbai, Maharashtra
hq_location_countryIndia
area_servedWorldwide
key_peopleDilip Shanghvi (MD)
industryPharmaceuticals
products
revenue(2025)
operating_income(2025)
net_income(2025)
assets(2025)
equity(2025)
ownerDilip Shanghvi family (54.48%)
num_employees41,000+
num_employees_year2023
website
founderDilip Shanghvi
founded
footnotesFinancials .
::

| name = Sun Pharmaceutical Industries Limited | logo = Sun Pharma logo.svg | logo_size = 120px | image = | image_size = 250px | image_caption = Sun Pharma headquarters in Mumbai, India | type = Public | traded_as = | ISIN = INE044A01036 | hq_location_city = Mumbai, Maharashtra | hq_location_country = India | area_served = Worldwide | key_people = Dilip Shanghvi (MD) | industry = Pharmaceuticals | products = | revenue = (2025) | operating_income = (2025) | net_income = (2025) | assets = (2025) | equity = (2025) | owner = Dilip Shanghvi family (54.48%) | num_employees = 41,000+ | num_employees_year = 2023 | website = | founder = Dilip Shanghvi | founded = | footnotes = Financials .

Sun Pharmaceutical Industries Limited (d/b/a Sun Pharma) is an Indian multinational pharmaceutical company headquartered in Mumbai. It manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) in more than 100 countries. It is the largest pharmaceutical company in India and the fourth largest specialty generic pharmaceutical company in the world.

Around 70% of Sun Pharma’s revenue is generated from international markets. The US and India are the largest markets, accounting for over 60% of the company's turnover. Manufacturing is across 43 locations in India, the US, Asia, Africa, Australia and Europe. The products cater to therapeutic segments covering psychiatry, anti-infectives, neurology, cardiology, diabetology, gastroenterology, ophthalmology, nephrology, urology, dermatology, gynaecology, respiratory, oncology, dental and nutritionals. Its active pharmaceutical products include baricitinib, brivaracetam, and dapaglifozin.

History

Sun Pharmaceutical Industries Ltd. was established by Dilip Shanghvi in 1983 in Calcutta, West Bengal with five psychiatry products and a two-person marketing team.

Sun Pharma was listed on the stock exchange in 1994 in an issue that was oversubscribed 55 times. The founding family continues to hold a majority stake in the company.

In 1996, Sun purchased a bulk drug manufacturing plant at Ahmednagar from Knoll Pharmaceuticals. Other notable acquisitions include plants of Gujarat Lyka Organics (1996), MJ Pharma (1996), and Tamil Nadu Dadha Pharmaceuticals Limited (1997). Also in 1997, Sun Pharma initiated their first foray into the international market with the acquisition of Caraco Pharmaceuticals based in Detroit.

In 1998, Sun acquired a number of respiratory brands from Natco Pharma. It acquired Melmet Labs (1999), Pradeep Drug Company (2000), Phlox Pharma (2004), a formulation plant in the US and Hungary from Valeant Pharma and Able Labs (2005), and Chattem Chemicals (2008).

In 2010, the company acquired a controlling stake in Taro Pharmaceuticals, amongst the largest generic dermatology companies in the US, with operations across Canada and Israel.

In 2012, Sun announced acquisitions of two US companies: DUSA Pharmaceuticals, a dermatology device company; and generics business of URL Pharma.

In 2014, Sun Pharma entered into a licensing agreement with Merck & Co. Inc. to acquire rights for Tildrakizumab (MK- 3222) for treatment of chronic plaque psoriasis.

To access sterile injectable capacity in the US, it acquired Pharmalucence in the US in the same year.

On 6 April 2014, Sun Pharma announced the acquisition of Ranbaxy Laboratories in a US$4 billion transaction to create the world's fifth-largest specialty generic pharmaceutical company by sales. In December 2014, the Competition Commission of India approved Sun Pharma's $3.2 billion bid to buy Ranbaxy Laboratories, but ordered the firms to divest seven products to prevent adverse impact on market competition.

In March 2015, Sun Pharma announced it had agreed to buy GlaxoSmithKline's opiates business in Australia.

In 2016, Sun Pharma acquired 14 prescription brands from Novartis in Japan to enter the Japanese market. It also acquired Ocular Technologies to strengthen its branded ophthalmic portfolio and Biosintez to enhance its presence in the Russian market.

Sun Pharma launched its first branded ophthalmic product in the US, BromSite in 2016. In 2017, the company launched its specialty product Odomzo and then in 2018 another specialty product Ilumya (tildrakizumab-asmn) was launched to treat moderate-to-severe plaque psoriasis.

In 2019, Sun Pharma acquired Pola Pharma in Japan to strengthen its global dermatology presence. The company entered the Greater China market by partnering with China Medical System Holdings as well as launched a speciality product, Cequa, in the United States for the treatment of dry eyes.

In 2023, Sun Pharma acquired a late-stage American biotechnology company Concert Pharmaceuticals, and a 60% stake in animal healthcare company Vivaldis Animal Health and Foods.

In September 2023, Sun Pharma went into a licensing agreement with Pharmazz Inc.

In January 2024, Sun Pharma entered into a definitive merger with Taro Pharmaceuticals to acquire the remaining stake in Taro Pharma for $347.73 million.

In March 2025, it was announced Sun Pharma had acquired the Waltham, Massachusetts headquartered immunotherapy and targeted oncology treament company, Checkpoint Therapeutics for $355 million.

SPARC

In 2007, Sun Pharma demerged its innovative R&D arm, and listed it separately on the stock market as the Sun Pharma Advanced Research Company Ltd. (, ). In 2013, SPARC declared revenue of ₹873 million. SPARC focuses on new chemical entities (NCE) research and new drug delivery systems and offers an annual update of its pipeline (NDDS).

References

References

  1. "Sun Pharma reports Q4 and full year results for FY25". Sun Pharma.
  2. "Statement of Audited Consolidated Financial Results for the Quarter and Year ended March 31, 2025". Sun Pharma.
  3. Banerjee, Avishek. "Sun Pharma: Global Is Local".
  4. "Sun Pharmaceuticals Industries Ltd.". Business Standard India.
  5. "Sun Pharma Industries".
  6. (10 November 2017). "US business remains Sun Pharma's weak spot".
  7. "Creating Lasting Value Investor Presentation - February 2014".
  8. "Sun Pharmaceutical Industries Ltd: Profile, Pharma Products, History...IBEF".
  9. "Milestones & Recognitions {{!}} Sun Pharmaceutical Industries Limited".
  10. (2013-01-11). "Strategic solutions". Routledge.
  11. Katja S, Ziegler. (April 2019). "AWACS I (Ger)". Oxford University Press.
  12. "Sun acquisitions on hold, will resume". Mint.
  13. (2 November 1998). "Sun Pharma Acquires Bevy Of Brands From Natco". Business Standard.
  14. (27 February 2001). "Sun Pharma announces 1:500 share swap for Pradeep Drugs". www.domain-b.com.
  15. (22 September 2010). "Sun Pharma buys controlling stake in Taro, shares up". The Economic Times.
  16. (8 November 2012). "Sun Pharma to buy U.S.-based Dusa for $230 mln". Reuters India.
  17. "Sun Pharma buys generic business of URL Pharma". Business Standard.
  18. "Sun Pharma, Merck & Co Inc enter into pact for Tildrakizumab". The Economic Times.
  19. Unnikrishnan, C. H.. (2014-07-16). "Sun Pharma acquires US injectables firm Pharmalucence".
  20. Reporter, B. S.. (2014-04-08). "Sun Pharma buys Ranbaxy from Japan's Daiichi". Business Standard India.
  21. (9 December 2014). "CCI clears Sun Pharma-Ranbaxy deal". Reuters India.
  22. (3 March 2015). "UPDATE 1-India's Sun Pharma to buy Glaxo's opiates business in Australia". Reuters India.
  23. (29 March 2016). "Sun Pharma acquires Novartis brands in Japan for $293 million".
  24. "Sun Pharma buys US-based Ocular Technologies for $ 40 million". Business Standard.
  25. (24 November 2016). "Sun Pharma to acquire 85 per cent stake in Russia's Biosintez". The Economic Times.
  26. "Sun Pharma Launches First Branded Ophthalmic Product in U.S.".
  27. Trivedi, Isha. (2016-12-22). "Sun Pharma to acquire Novartis's cancer drug Odomzo for $175 mn".
  28. Medha. (2018-10-25). "New drug launched for moderate-to-severe plaque psoriasis".
  29. (2018-11-27). "Sun Pharma to acquire Japan's Pola Pharma for $1 mn; to strengthen presence in dermatology segment".
  30. www.ETHealthworld.com. "Sun Pharma arm enters pact with China Medical System - ET HealthWorld".
  31. "Sun Pharma Launches Cequa for the Treatment of Dry Eye Disease in the US".
  32. (6 March 2023). "Sun Pharma completes acquisition of Concert Pharmaceuticals". The Economic Times.
  33. (2023-03-24). "Sun Pharma to acquire 60% stake in animal healthcare company Vivaldis".
  34. (14 September 2023). "Sun Pharma and Pharmazz Inc. enter into licensing agreement for introducing ischemic stroke drug in India".
  35. (24 June 2024). "Sun Pharma completes Taro merger, acquires all outstanding shares". Business Standard.
  36. (2025-03-12). "Sun Pharma Agrees to Acquire Checkpoint Therapeutics".
  37. (2025-03-10). "Sun Pharma Acquires Checkpoint Therapeutics for $355 Million".
  38. "Sun Pharma Advanced Research Company Profit & Loss account, Sun Pharma Advanced Research Company Financial Statement & Accounts".
  39. "Investor Update on R&D Pipeline".
  40. "SUN PHARMA ADVANCED RESEARCH COMPANY".

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sun-pharmabse-sensexindian-brandspharmaceutical-companies-of-indiavaccine-producersnifty-50indian-companies-established-in-19831983-establishments-in-gujaratnutritional-supplement-companiescompanies-listed-on-the-national-stock-exchange-of-indiacompanies-listed-on-the-bombay-stock-exchange