Concord Biotech Limited Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Concord Biotech Limited?

Concord Biotech Limited is an Indian biopharmaceutical company. It focuses on researching, developing, and making fermentation-based Active Pharmaceutical Ingredients (APIs) and finished products. Since its founding in 2000, the company has become an essential player in the biopharma industry, providing various products and services.

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1- Active Pharmaceutical Ingredients (APIs)

Concord Biotech makes complex APIs using fermentation and semi-synthetic methods for various medical needs.

• Immunosuppressants: These are critical for preventing organ transplant rejection. Key APIs include:
  • Tacrolimus
  • Mycophenolate Mofetil
  • Sirolimus
  • Everolimus
• Anti-Infectives: Targeting bacterial and fungal infections, products in this category include:
  • Caspofungin
  • Micafungin
  • Amphotericin B
• Oncology: APIs used in cancer treatment, such as:
  • Dactinomycin
  • Bleomycin
  • Mitomycin-C
• Enzymes and Others: Including products like:
  • L-asparaginase (used in leukaemia treatment)
  • Urokinase (used to treat blood clots)

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2- Finished Dosage Forms (FDFs)

Concord Biotech makes and produces finished medicines ready for patients to use. These include:

• Oral Immunosuppressants: These capsules and tablets contain active ingredients like Tacrolimus and Mycophenolate Mofetil.
• Injectable Anti-Infectives and Oncology Drugs: These are sterile medicines used in hospitals, including injectables like Caspofungin and Dactinomycin.

3- Contract Research and Manufacturing Services (CRAMS)

The company provides contract research and manufacturing services. They use their skills in fermentation technology and API production. Their services include:

• Custom API Development and Manufacturing: The company create specific fermentation-based APIs for our clients.
• Formulation Development: They design and improve formulations for different therapeutic areas.
• Analytical Services provides thorough testing and quality checks for APIs and formulations.

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4- Research and Development

• The company invests a lot in research and development to create new products. Concord Biotech has a team of over 148 researchers who have developed and launched 23 fermentation-based APIs.

5- Global Presence and Regulatory Compliance

• Concord Biotech has a robust global presence, exporting products to more than 70 countries. Its manufacturing facilities meet international standards and have approvals from the US Food and Drug Administration (USFDA) and the European Medicines Agency (EMA).

Question 2: Who are the promoters of Concord Biotech Limited?

Sudhir Vaid and Ankur Vaid are the Promoters of Concord Biotech Limited.

Sudhir Vaid is the Chairman and Managing director of the Company. He holds a Bachelor of science degree from Punjab University and later pursued a master of science degree from Punjab Agricultural University.

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