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Biophore - About the company

Biophore is a seed company based in Hyderabad (India), founded in 2007 by Jagadeesh Babu Rangisetty and Manik Reddy Pullagurla. It operates as a Development and manufacturing of niche pharmaceutical products for the generic industry. Biophore has raised $2.74M in funding from Ontario, with a current valuation of *****. The company has 369 active competitors, including 16 funded and 91 that have exited. Its top competitors include companies like Aizant, Almac Group and Concord Biotech.

Company Details

Biophore, is a pharma company with its own product portfolio of niche generic, branded and grandfather products and also in the development and manufacture of APIs for oncology medications, contrast and diagnostic media.They claim to have filed for 50+ patents and 70+ DMFs in the US, EU and also to other authorities in Canada, China and Turkey. They claim that their manufacturing facilities are FDA approved and customized units in their facilities for the manufacture of peptides, hormones, colored APIs, oncology and high potent drugs products.
Social
Facebook
Email ID
*****@biophore.com
Phone Number
+91 **********
Registered Address
Plot No: 92, 1-98/2/92, Kavuri Hills, Phase-II, Jubilee Hills, Hyderabad, Hyderabad, Telangana, India, 500033
Key Metrics
Founded Year
2007
Location
Hyderabad, India
Stage
Seed
Total Funding
$2.74M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Feb 05, 2014
Investors
Ranked
Annual Revenue
₹457Cr as on Mar 31, 2025
Employee Count
664 as on Aug 31, 2025
Investment & Acquisitions
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Biophore's funding and investors

Biophore has raised a total funding of $2.74M over 3 rounds. Its first funding round was on Dec 15, 2009. Its latest funding round was a Seed round on Feb 05, 2014 for $*****. 1 investor participated in its latest round. Biophore has 1 institutional investor and 6 angel investors.

Here is the list of recent funding rounds of Biophore:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 05, 2014
8332243
Seed
4953065
9033608
4209163
4951612
Feb 14, 2012
2972633
Seed
2466873
9570191
7485532
8724765
Dec 15, 2009
3152487
Angel
3446774
6403014
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Biophore's founders and board of directors

Founder? Claim Profile
The founders of Biophore are Jagadeesh Babu Rangisetty and Manik Reddy Pullagurla. Jagadeesh Babu Rangisetty is the CEO of Biophore.
Here are the details of Biophore's key team members:

Biophore's Board of Directors

Biophore's board has 5 active members. Jagadeesh Babu Rangisetty, Manik Reddy Pullagurla and Ramprasad Nimmagadda are part of team and Madhusudan Rao Kothapalli and Rangisetty Jagadesh Babu are independent board members.
Here is the list of Biophore's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
19y 1m
Team
-
Current
14y 7m
pdzfwea
Team
-
Past
2y 3m
nplobcm
Team
-
Past
4y 3m
Independent board member
-
Current
8y 5m
liqxhaf
Independent board member
-
Past
8y 3m

Biophore's employee count trend

Biophore has 664 employees as of Aug 25. The total employee count is 7.0% more than what it was in Aug 24. Here is Biophore's employee count trend over the years:
Employee count trend for Biophore
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Biophore's Competitors and alternates

Top competitors of Biophore include Aizant, Almac Group and Concord Biotech. Here is the list of Top 10 competitors of Biophore, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aizant
Aizant
2005, Hyderabad (India), Series A
Company offering contract development services for small molecules
$16.8M
60/100
2nd
Logo for Almac Group
Almac Group
2001, Craigavon (United Kingdom), Series D
CRAMS company offering preclinical development and CDMO services, also offering companion diagnostic development
$339M
57/100
3rd
Logo for Concord Biotech
Concord Biotech
2000, Ahmedabad (India), Public
CDMO focused on manufacturing API
-
56/100
4th
Logo for Nucleus RadioPharma
Nucleus RadioPharma
2022, Rochester (United States), Series A
CDMO focused on providing of radiopharmaceuticals manufacturing and supply chain services
$72.1M
55/100
5th
Logo for Indoco Remedies
Indoco Remedies
1947, Mumbai (India), Public
Provider of APIs manufacturing and formulation services
-
54/100
6th
Logo for Amino
Amino
1958, Frellstedt (Germany), Unfunded
CDMO focused on amino acids and small molecules
-
-
53/100
7th
Logo for Biophore
Biophore
2007, Hyderabad (India), Seed
Development and manufacturing of niche pharmaceutical products for the generic industry
$2.74M
52/100
8th
Logo for Sabinsa
Sabinsa
1988, East Windsor (United States), Unfunded
Manufacturing and marketing nutraceuticals, cosmeceuticals and fine chemicals
-
-
52/100
9th
Logo for Galenicum
Galenicum
2003, Barcelona (Spain), Late Stage
Turnkey solutions for drug development, manufacturing and regulatory approvals
-
52/100
10th
Logo for Wanbury Limited
Wanbury Limited
1990, Mumbai (India), Public
Manufacturer of anti-diabetic drugs
-
-
51/100
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Biophore's Investments and acquisitions

Biophore has made 2 investments in Azico Biophore and Azico Biophore. Biophore has not made any acquisitions as of now.

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