Pharmaids Pharmaceuticals Limited, founded in 1989 in Hyderabad, Telangana, specializes in supplying quality-grade specialty chemicals, skincare, hospital care, and generic products, particularly in orthopedic, neuro, and gastro areas. The company manufactures generics and bulk drugs, including allopathic and Ayurvedic formulations, in various forms such as tablets, capsules, liquids, and powders. Known for adhering to high hygiene and quality standards, Pharmaids Pharmaceuticals has expanded its reach through strategic acquisitions.
In 2019-20, Pharmaids merged with Emergent Bio Naturals Limited, resulting in the issuance of over 6.9 million equity shares to Emergent's shareholders. Furthering its growth strategy, the company acquired a 25.5% stake in Anugraha Chemicals, a partnership firm, in February 2023. This acquisition reflects Pharmaids' commitment to enhancing its product offerings and market presence through strategic partnerships and acquisitions.
