Alembic Pharmaceuticals

Alembic Pharmaceuticals

APLLTD.NS
Vadodara, India· Est.
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APLLTD.NS · Stock Price

INR 776.55-124.20 (-13.79%)
Market Cap: $1.6B

Historical price data

Market Cap: $1.6BPipeline: 3 drugsPatents: 20Founded: 1907Employees: 17000+HQ: Vadodara, India

Overview

Alembic Pharmaceuticals' mission is to accelerate access to quality, affordable medicines globally through a vertically integrated model spanning API synthesis to finished dosage forms. The company has achieved significant scale, with over $250M in annual US frontend sales, a pipeline of 252 ANDA filings, and a strategic foray into proprietary drug discovery with three disclosed NCE candidates. Its strategy balances cash-generating generics businesses with disciplined R&D investments in complex generics and novel therapeutics to drive long-term, high-margin growth.

Anti-infectivesCardiologyNeurologyGastroenterologyDermatologyOncology

Technology Platform

Vertically integrated pharmaceutical development and manufacturing platform encompassing advanced chemical synthesis, fermentation, formulation science, and a robust regulatory engine for generics and novel small molecules.

Pipeline

3
3 drugs in pipeline
DrugIndicationStageWatch
Bupropion HCl MR tablets 300mgBioequivalencePhase 1
Fingolimod 0.5 mg capsules- Test drugBioequivalencePhase 1
Lamotrigine ER tablet 50mgBioequivalencePhase 1

Funding History

1
IPOUndisclosed

FDA Approved Drugs

50
CARBIDOPA, LEVODOPA AND ENTACAPONEANDAFeb 5, 2026
DIFLUPREDNATEANDAJan 26, 2026
TRAVOPROSTANDADec 17, 2025

Opportunities

Significant growth potential in the US complex generics market and ex-US international formulations.
The strategic investment in New Chemical Entities (NCEs) offers a long-term opportunity to transition into higher-margin innovative pharmaceuticals and transform the company's growth profile.

Risk Factors

Exposure to intense pricing pressure and competition in the core US generics market.
Regulatory compliance risks across multiple manufacturing facilities.
High execution risk and capital intensity associated with the nascent proprietary NCE research and development pipeline.

Competitive Landscape

Competes with large Indian generic peers (Sun Pharma, Dr. Reddy's) on cost and vertical integration. As it moves into NCE development, it faces competition from well-funded global biopharma firms, entering a higher-risk, capital-intensive arena.

Company Timeline

1907Founded

Founded in Vadodara, India

2000IPO

Initial Public Offering

2025FDA Approval

FDA Approval: TRAVOPROST

2026FDA Approval

FDA Approval: CARBIDOPA, LEVODOPA AND ENTACAPONE

2026FDA Approval

FDA Approval: DIFLUPREDNATE