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.
- Website
- biophore.com
- 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
Legal entities associated with Biophore
Biophore is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VIVERE IMAGING PRIVATE LIMITED CIN: U24230TG2020PTC139316 , India, Active | Feb 18, 2020 | $5.36M (As on Mar 31, 2025) | 62 (As on Mar 01, 2026) | |
BIOPHORE INDIA PHARMACEUTICALS PRIVATE LIMITED CIN: U24232TG2007PTC053381 , India, Active | Mar 29, 2007 | $54.1M (As on Mar 31, 2025) | 693 (As on Mar 01, 2026) |
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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 |
View details of Biophore's funding rounds and investors
Biophore's founders and board of directors
Founder? Claim ProfileThe 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:
- Jagadeesh Babu Rangisetty: Co-Founder & CEO of Biophore and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Manik Reddy Pullagurla: Co-Founder & CSO of Biophore. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of Biophore's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Company offering contract development services for small molecules | $16.8M | 60/100 | ||
2nd | 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 | Concord Biotech 2000, Ahmedabad (India), Public | CDMO focused on manufacturing API | - | 56/100 | |
4th | Nucleus RadioPharma 2022, Rochester (United States), Series A | CDMO focused on providing of radiopharmaceuticals manufacturing and supply chain services | $72.1M | 55/100 | |
5th | Indoco Remedies 1947, Mumbai (India), Public | Provider of APIs manufacturing and formulation services | - | 54/100 | |
6th | CDMO focused on amino acids and small molecules | - | - | 53/100 | |
7th | Development and manufacturing of niche pharmaceutical products for the generic industry | $2.74M | 52/100 | ||
8th | Sabinsa 1988, East Windsor (United States), Unfunded | Manufacturing and marketing nutraceuticals, cosmeceuticals and fine chemicals | - | - | 52/100 |
9th | Turnkey solutions for drug development, manufacturing and regulatory approvals | - | 52/100 | ||
10th | 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.News related to Biophore
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Biophore, subsidiary get CDSCO nod for Cannabidiol active ingredient, productThe Hindu•May 15, 2023•Biophore, Zenara Pharma
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Akums enters into a pact with Leiutis, Biophore for bringing therapeutics to IndiaIndiatimes•Mar 12, 2023•Akums, Leiutis, Biophore
•
Akums Drugs & Pharma inks new partnership for bringing first-of-its-kind therapeutics to IndiaBioSpectrum India•Nov 30, 2022•Akums, Leiutis, Biophore
•
Zenara Pharma launches first generic of Paxlovid for COVID-19 in IndiaBioSpectrum India•Sep 10, 2022•Biophore
•
ANI Pharma launches generic Prochlorperazine maleate tabletsSeeking Alpha•Aug 29, 2022•ANI Pharmaceuticals, Biophore
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Zenara Pharma gets CDSCO nod to launch Covid antiviral Paxlovid in IndiaIndiatimes•Jul 28, 2022•Biophore
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Biophore India receives licences from MPP to market molnupiravirIndiatimes•Jan 20, 2022•Biophore, Medicinespatentpool
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Biophore applies to DCGI for emergency-use approval for COVID-19 treatment drugThe Hindu•Jun 11, 2021•Biophore
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Biophore applies for emergency use approval for COVID-19 drug AviptadilBusiness Today•Jun 11, 2021•Biophore
•
Hyderabad based Biophore India gets DCGI nod to manufacture COVID drug FavipiravirIndiatimes•Jul 14, 2020•Biophore
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