Industry at a Glance

Indian Pharmaceutical Market is expected to grow from US$ 2.2 billion in 2015 to US$ 6.1 billion by 2020 at a compounded annual growth rate of over 20%. A rising Awareness about health and fitness is evolving a need for dietary supplements, sports nutrition and weight management products. While India has strength in pharmaceutical segment, functional foods and beverages are at relatively nascent stage. In Order to address this market opportunity we founded IRID BIOCARE 2015.

About IRID BIOCARE

IRID BIOCARE headquartered at BENGLURUU, KARNATAKA, India; was incorporated with an objective of providing effective, high quality, IRID BIOCARE solutions backed with Research, Evidence and Results in the Nutraceutical, Pharmaceuticals and Functional Food category.

IRID BIOCARE is involved in marketing and sales of branded Nutraceuticals, pharmaceuticals and functional food with an aim to protect and augment human health against various lifestyle-oriented diseases.

Our products are manufactured according to international standards (WHO-GMP Certified) in selected and audited high-tech facilities. Presently, we have ten contract manufacturers who are manufacturing our branded formulations at various sites all over India. At IRID BIOCARE, we develop products.

Business Highlights

Within 2 years, we have built a pan India presence with 200 sales executives promoting our brands to more than 10000 healthcare practitioners in various specialities like Orthopaedics, Gynaecology, Diabetology, Cardiology, and Physicians.

We have more than doubled our revenues each year since our incorporation.

Products

Many of the products of IRID BIOCARE have become the synonym of certain areas of application. Today, our company has the sale of herbal and traditional medicines and dietary supplements. We are continuously developing our product portfolio-on innovation and improvement of quality of existing products and introducing new products.

In its assortment IRID BIOCARE has generic medicines which are applied in treatment of skeletal and joint, cardiovascular, gastroenterological diseases and antibiotics. Expansion plans of our assortments are very ambitious, and in next two years we are expecting to double the number of registered products.

In line with our quality policy of products, development of new, high quality, safe and efficient, herbal, traditional and generic medicines, medical equipment and dietetic products, strategically we have chosen to do the service production to all interested companies inside of India

SOCIAL RESPONSIBILITY

“Being socially responsible means not only fulfilling legal obligations, but also to go beyond mere compliance with laws and invest more in human capital, the environment and relations with stakeholders.”

(European Union, Green Book, 2001.)

IRID BIOCARE is domestic pharmaceutical company which is leader in marketing of pharmaceutical products in India. And leadership also means responsibility. Responsibility to employees and customers, care for positive values in society, continuous action in order to make the world a better place to live.

Business, which is achieved through quality products and services which IRID BIOCARE provides, employee development, environmental protection and the improvement of relations with the community are the values that guide us in nurturing the trust of our customers. It is our corporate responsibility.

MISSION AND VISION

We believe that the basis for prevention and treatment of disease is balance between application of Pharmaceuticals products and drugs. Our goal is to offer proven effective and the best products, both drugs and to satisfy the needs of each individual.

Our vision is to keep the leading position in Pharmaceutical products producing area, with classification of the order of well known and recognized manufacturers of high quality generic drugs.

We strive towards a holistic approach to health and we want to be recognized as reliable partner in health care, thanks to team of high motivated, competent and qualified partners, whose efforts are reflected in production of high quality products.

Our Vision is to be the number one Nutraceutical and functional food company in India and our mission is to generate sales revenue of at least 10 million dollars by 2020.