Companies in Biopharma Outsourcing
There are 22,292 companies in Biopharma Outsourcing which include LabCorp, Laurus Labs, WuXi AppTec, Anthem Biosciences, Patheon. 3,616 companies in Biopharma Outsourcing are funded, with 2,820 having secured Series A funding. Till date, the sector has seen the creation of 2 Unicorns. United States has the most number of companies in Biopharma Outsourcing (6,336), followed by India
(3,793), and then United Kingdom (1,724).
2026 has seen the creation of 624 Biopharma Outsourcing companies. On average, the last 10 years have seen 719 new companies launched every year. Most number of Biopharma Outsourcing startups have been founded by alumni from Harvard University, Stanford University and Massachusetts Institute of Technology.
Here is a List of top companies in Biopharma Outsourcing

1. LabCorp
Labcorp is a provider of laboratory tests for physicians. It specializes in providing physicians with laboratory tests. They develop new tests that provide enhanced accuracy and additional clinical information. Their customers include physicians and their patients, hospitals and managed care plans, private employers, military and law enforcement agencies, and pharmaceutical and biotechnology companies. Services offered range from routine testing such as basic blood counts and cholesterol tests to highly complex methods that assist in diagnosing genetic conditions, cancer, and other rare diseases. In 2022, the company recorded annual revenues of $14.76B and a net profit of $1B.
Key facts about LabCorp
- Founded Year: 1969
- Location: Burlington (United States)
- Stage: Public
- Investors: Mill Creek, The MassMutual Trust Company, F.S.B. and 4 Others
- Latest Funding Round: Post IPO, Feb 15, 2025, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 1 of 2,168 Competitors
2. Laurus Labs
Pharmaceutical and biotechnology company. It focus on active pharmaceutical ingredients, generic formulations, custom synthesis, biotechnology, veterinary APIs, and agro chemicals. It manufactures generic APIs with a special focus on antiretrovirals and hepatitis. The company also manufactures APIs for oncology, cardiovascular, and anti-diabetic therapeutic segments. It also manufactures specialty ingredients for use in nutraceuticals, dietary supplements, and cosmeceutical products.
Key facts about Laurus Labs
- Founded Year: 2005
- Location: Hyderabad (India)
- Stage: Public
- Total Funding till date: $230M
- Investors: Aptuit, F-Prime Capital and 3 Others
- Latest Funding Round: PE, Oct 29, 2014, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 1 of 1,235 Competitors
3. WuXi AppTec
WuXi AppTec is a provider of a suite of CRO and CDMO services for small molecules, biologics, and medical devices. It offers a suite of services for the research, development, and manufacturing of both small molecules and biologics and also caters to medical device development and has operations all over the globe. They provide a broad and integrated portfolio of laboratory and manufacturing services throughout the drug and medical device R&D process. The company built its initial capabilities around discovery chemistry and has further enhanced the integrated services with analytical services, bio-analytical services, process research, process development services, API manufacturing services, DMPK/ADME, discovery biology, pharmacology, formulation, toxicology, genomic services, biologics manufacturing services, antibody, and biological research reagent manufacturing and sales, and most recently clinical research and regulatory services. In 2022, the company recorded annual revenues of $5.84B and a net profit of $1.31B.
Key facts about WuXi AppTec
- Founded Year: 2000
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $40M
- Investors: PGA Venture Partners, Synergis Capital and 27 Others
- Latest Funding Round: Post IPO, Apr 02, 2021, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 1,183 Competitors
Developer of integrated contract research development and manufacturing services. The company offers end‑to‑end drug discovery, development and manufacturing support for small molecules, biologics and nutritional actives. It provides medicinal chemistry, process synthesis, analytical R&D, toxicology and GLP preclinical testing under one roof. Services include microbial screening, protein expression, peptide synthesis, antibody drug conjugates and fermentation scale‑up capable from milligram to tonne volumes. The infrastructure includes cGMP kilo‑labs, pilot manufacturing and AAALAC accredited vivarium for in vitro and in vivo studies. Quality control, regulatory compliance and analytical method development are embedded as part of the scientific service portfolio.
Key facts about Anthem Biosciences
- Founded Year: 2006
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $35.7M
- Investors: Portsmouthtechnologiestrialsunit, True North and 8 Others
- Latest Funding Round: Series A, Mar 01, 2021, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 414 Competitors
5. Patheon
Global CDMO providing integrated drug development, clinical trials, and manufacturing services. They offer comprehensive contract development and manufacturing organization (CDMO) and contract research organization (CRO) solutions to accelerate drug development journeys. Their capabilities span small and large molecules, advanced therapies like viral vectors, cell therapy, and mRNA, and steriles. Services include clinical trial services, clinical packaging, labeling, logistics, and commercial services. They focus on innovative solutions, digital enablement, and supply chain strategies for risk mitigation. They provide end-to-end solutions across all phases of development, from early-stage R&D to commercial manufacturing, with a global network of sites and scientific expertise. They aim to simplify and accelerate the journey to market, offering integrated offerings and digital platforms for collaboration and transparency.
Key facts about Patheon
- Founded Year: 1974
- Location: Durham (United States)
- Stage: Acquired
- Total Funding till date: $141M
- Investors: Advent Morro Equity Partners, Frazier Healthcare Partners and 3 Others
- Latest Funding Round: Grant (prize money), Dec 20, 2021, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 131 Competitors
