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{{Short description| | {{Short description|Indian multinational company}} | ||
{{Advert|lead|date=August 2021}} | {{Advert|lead|date=August 2021}} | ||
{{Use dmy dates|date=August 2018}} | {{Use dmy dates|date=August 2018}} | ||
{{Use Indian English|date=August 2018}} | {{Use Indian English|date=August 2018}} | ||
{{Infobox company | {{Infobox company | ||
| name | | name = Indegene Limited | ||
| logo | | logo = Indegene Logo png.png | ||
| caption | | caption = | ||
| former_name | | former_name = Indegene Lifesystems Private Limited (1998–2016)<br/> Indegene Private Limited (2016–2022) | ||
| type | | type = [[Public company|Public]] | ||
| traded_as | | traded_as = {{ubl|{{NSE|INDGN}}|{{BSE|544172}}}} | ||
| industry | | industry = [[Pharmaceutical]] [[consultancy]]<ref>{{cite web | url=https://www.thehindubusinessline.com/markets/indegene-ends-26-higher-on-listing-day/article68171369.ece | title=Indegene ends 26% higher on listing day | date=13 May 2024 }}</ref> | ||
| fate | | fate = | ||
| successor | | successor = | ||
| foundation | | foundation = {{Start date and age|1998}} | ||
| founders | | founders = Rajesh Nair<br />Manish Gupta<br />Sanjay Parikh<br />Anand Kiran<br />Gaurav Kapoor | ||
| hq_location | | hq_location = | ||
| location_city | | location_city = [[Bangalore]] | ||
| location_country = India | | location_country = India | ||
| area_served | | area_served = Worldwide | ||
| key_people | | key_people = Manish Gupta (CEO)<ref>{{cite news |title=Indegene on the prowl for global acquisitions |url=https://www.thehindubusinessline.com/companies/indegene-on-the-prowl-for-global-acquisitions/article32337770.ece |access-date=8 January 2023 |work=The Hindu Businessline |date=12 August 2020 |language=en}}</ref> | ||
| products | | products = | ||
| production | | production = | ||
| revenue | | revenue = {{up}} {{INRConvert|2589|c}} (FY24)<ref name="fy24"/> | ||
| operating_income = | | operating_income = {{up}} {{INRConvert|584|c}} (FY24)<ref name="fy24"/> | ||
| net_income | | net_income = {{up}} {{INRConvert|336|c}} (FY24)<ref name="fy24">{{cite web |title=Fact Sheet – Q4 FY2024 |url=https://resources.indegene.com/indegene/investor-relations/quarterly-results/q4-2023-2024/fact-sheet-q4-fy2024.pdf |publisher=Indegene |access-date=30 May 2024}}</ref> | ||
| assets | | assets = | ||
| equity | | equity = | ||
| parent | | parent = | ||
| | | owners = {{ubl|[[N. S. Raghavan]] (24.4%)|[[The Carlyle Group|Carlyle Group]] (10.22%)<ref>{{cite news |title=Carlyle Group sells 4.3% in Indegene for ₹636 cr |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/carlyle-group-sells-4-3-in-indegene-for-636-cr/articleshow/115945275.cms |access-date=4 December 2024 |work=The Economic Times |date=3 December 2024}}</ref>|Brighton Park Capital (9.55%)}} | ||
| num_employees | | num_employees = 5,081 (March 2024)<ref name="fy24"/> | ||
| homepage | | homepage = {{URL|www.indegene.com}} | ||
| footnotes | | footnotes = | ||
}} | }} | ||
'''Indegene | '''Indegene Limited''' is an Indian company that provides research and [[commercialization]] services to [[biopharmaceutical]] and [[healthcare]] enterprises.<ref name="ETKart">{{cite news | last=Das| first=Avik| title =Flipkart, Practo CEOs get top rating from staff| newspaper =[[The Economic Times]]| date =2 September 2015 | url =http://articles.economictimes.indiatimes.com/2015-09-02/news/66143777_1_infosys-ceo-vishal-sikka-ceo-t-k-kurien-cent| archive-url =https://web.archive.org/web/20150908022908/http://articles.economictimes.indiatimes.com/2015-09-02/news/66143777_1_infosys-ceo-vishal-sikka-ceo-t-k-kurien-cent| url-status =dead| archive-date =8 September 2015| access-date =2 October 2015}}</ref><ref name="Mint">{{cite news | last=Singh| first=Seema| title =Cutting pharma costs by intelligent marketing| newspaper =[[Mint (newspaper)|Mint]]| date =7 May 2009 | url =http://www.livemint.com/Companies/Wmpl5jnp7SG06Yrn6X5CIL/Cutting-pharma-costs-by-intelligent-marketing.html| access-date =2 October 2015}}</ref><ref name="BS2006">{{cite news | last=Unnikrishnan| first=CH| title =Indegene buys US firm| newspaper =[[Business Standard]]| date =8 November 2006 | url =http://www.business-standard.com/article/companies/indegene-buys-us-firm-106110801104_1.html| access-date =2 October 2015}}</ref> Based in [[Bangalore]], the company provides consulting in [[pharmaceutical marketing]], [[clinical trial]]s, [[pharmacovigilance]], [[Medical science liaison|medical]] and [[regulatory affairs]], and [[health informatics]].<ref name="Nikkei">{{cite news | last=Murayama| first=Keiichi| title =India's tech muscle has the world's attention | newspaper =[[The Nikkei]]| date =19 February 2015 | url =http://asia.nikkei.com/magazine/20150219-India-s-got-the-bright-stuff/On-the-Cover/India-s-tech-muscle-has-the-world-s-attention?page=2| access-date =2 October 2015}}</ref><ref name="Revenue">{{cite news |title=Indegene files papers with Sebi; eyes ₹3,200 crore via IPO |url=https://www.livemint.com/market/ipo/indegene-files-papers-with-sebi-eyes-rs-3-200-crore-via-ipo-11671103045857.html |access-date=8 January 2023 |work=mint |date=15 December 2022 |language=en}}</ref> | ||
Indegene | ==History== | ||
<ref name=" | Indegene was founded in 1998 by Dr. Rajesh Nair, Manish Gupta, Gaurav Kapoor, Dr.Sanjay Parikh and Anand Kiran.<ref name="ETCallCentre">{{cite news | last=Amirapu| first=Deepika| title =Indegene eyes US call centre buy for $10–15 million| newspaper =[[The Economic Times]]| date =9 March 2012 | url =http://articles.economictimes.indiatimes.com/2012-03-09/news/31139486_1_indegene-lifesystems-marketing-medical-education| archive-url =https://web.archive.org/web/20151119075559/http://articles.economictimes.indiatimes.com/2012-03-09/news/31139486_1_indegene-lifesystems-marketing-medical-education| url-status =dead| archive-date =19 November 2015| access-date =2 October 2015}}</ref> Indegene's first acquisition was Medsn, a company that provided medical education. Medsn continued to operate under the same name in the United States.<ref name="ETMed">{{cite news | last=D'Silva| first=Jeetha| title =Indegene acquires US medical education co| newspaper =[[The Economic Times]]| date =17 September 2005 | url =http://articles.economictimes.indiatimes.com/2005-09-17/news/27506888_1_equity-firm-ge-equity-subsidiary| archive-url =https://web.archive.org/web/20151016233025/http://articles.economictimes.indiatimes.com/2005-09-17/news/27506888_1_equity-firm-ge-equity-subsidiary| url-status =dead| archive-date =16 October 2015| access-date =2 October 2015}}</ref> In 2008, Medsn officially became Indegene Pharmaceutical Solutions in the United States. In 2006, Indegene acquired MedCases, a [[continuing medical education]] company based in the United States.<ref name="BS2006"/><ref name="NFV"/> | ||
In 2009, Indegene signed a [[master service agreement]] with six pharmaceutical companies.<ref name="Mint"/><ref name="PBOptimax">{{cite news| title =Indegene highlights benefits of patient adherence programs for pharma cos| publisher =PharmaBiz| date =3 June 2011| url =http://pharmabiz.com/NewsDetails.aspx?aid=63241&sid=2| access-date =2 October 2015| archive-date =19 November 2015| archive-url =https://web.archive.org/web/20151119144237/http://pharmabiz.com/NewsDetails.aspx?aid=63241&sid=2| url-status =dead}}</ref> The following year, Indegene acquired [[Canada]]-based Aptilon, a [[multichannel marketing]] firm, for $4 million.<ref name="TOICanada">{{cite news | last=Mukherjee| first=Rupali| title =Indegene to acquire Canada-based company for $4 million | newspaper =[[Times of India]]| date =7 November 2012 | url =http://timesofindia.indiatimes.com/business/india-business/Indegene-to-acquire-Canada-based-company-for-4-million/articleshow/17133296.cms| access-date =2 October 2015}}</ref> The company subsequently acquired [[Atlanta]]-based Total Therapeutic Management in 2014.<ref name="TTM">{{cite news | last=Craig| first=Tara| title =Indegene acquires Total Therapeutic Management | publisher =PMLive.com| date =9 January 2014 | url =http://www.pmlive.com/pharma_news/indegene_acquires_total_therapeutic_management_532004| access-date =2 October 2015}}</ref> | |||
In September 2019, Indegene acquired London-based consulting company, DT Associates, for $10 million.<ref>{{cite news |last1=Balakrishnan |first1=Reghu |title=Healthcare tech firm Indegene acquires DT Associates |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/healthcare-tech-firm-indegene-acquires-dt-associates/articleshow/70960667.cms |access-date=28 April 2024 |work=The Economic Times |date=3 September 2019}}</ref> | |||
In February 2021, [[the Carlyle Group]] and Brighton Park Capital invested $200 million in Indegene.<ref name="LiveMint">{{cite news | last=Madhurima| first=Nandy| title =Indegene to raise $200 mn from Carlyle, Brighton Park| newspaper =[[LiveMint]]| date =3 February 2021 | url =https://www.livemint.com/companies/start-ups/indegene-to-raise-200-mn-from-carlyle-brighton-park-11612286897793.html| access-date =20 August 2021}}</ref> In August 2021, Indegene acquired Medical Marketing Economics (MME), an American [[market access]] and [[pricing science|pricing strategy]] company, for $10 million.<ref>{{cite news |last1=Baruah |first1=Ayushman |title=Indegene acquires US-based Medical Marketing Economics for $10 mn |url=https://www.livemint.com/companies/news/indegene-acquires-us-based-medical-marketing-economics-for-10-mn-11630322193354.html |access-date=28 April 2024 |work=Mint |date=30 August 2021 |language=en}}</ref> | |||
Indegene went [[Public company|public]] in May 2024 with an [[initial public offering]], raising {{INRconvert|1842|c}}. It listed on the [[Bombay Stock Exchange|BSE]] and the [[National Stock Exchange of India|NSE]].<ref>{{cite news |last1=Narayanan |first1=KS Badri |title=Indegene IPO opens today in ₹430-452 price band |url=https://www.thehindubusinessline.com/markets/ipo-screener-indegene-issue-opens-today-in-430-452-price-band/article68143174.ece |access-date=6 May 2024 |work=BusinessLine |date=6 May 2024 |language=en}}</ref><ref name="fy23">{{cite news |title=PE firms Carlyle, Nadathur Fareast, Brighton Park Capital-backed Indegene IPO to open on May 6 |url=https://www.moneycontrol.com/news/business/ipo/pe-firms-carlyle-nadathur-fareast-brighton-park-capital-backed-indegene-ipo-to-open-on-may-6-12709591.html |access-date=28 April 2024 |work=Moneycontrol}}</ref> | |||
Indegene | |||
==Operations== | |||
Indegene has offices in India, the United States, the [[European Union]], and [[Asia-Pacific]].<ref name="PB2012">{{cite news| last =Vijay| first =Nandita| title =Indegene plans next phase of growth through acquisition in US, EU markets| publisher =PharmaBiz| date =7 November 2012| url =http://pharmabiz.com/NewsDetails.aspx?aid=72031&sid=1| access-date =2 October 2015| archive-date =19 November 2015| archive-url =https://web.archive.org/web/20151119144607/http://pharmabiz.com/NewsDetails.aspx?aid=72031&sid=1| url-status =dead}}</ref><ref name="NFV">{{cite news | title =Indegene acquires MedCases, LLC| publisher =NFV Zone| date =30 November 2006 | url =http://www.nfvzone.com/news/2006/11/30/2123279.htm| access-date =2 October 2015}}</ref> | |||
In 2011 and 2012, ''[[The Economic Times]]'' named Indegene one of the best companies to work for in the Professional Services industry.<ref name="ETBest">{{cite news | title =Best companies to work for 2012: Companies that came up trumps across various sectors| newspaper =[[The Economic Times]]| date =16 July 2012 | url =http://articles.economictimes.indiatimes.com/2012-07-16/news/32698621_1_india-s-best-companies-vodafone-india-work-institute| | In 2011 and 2012, ''[[The Economic Times]]'' named Indegene one of the best companies to work for in the Professional Services industry.<ref name="ETBest">{{cite news | title =Best companies to work for 2012: Companies that came up trumps across various sectors| newspaper =[[The Economic Times]]| date =16 July 2012 | url =http://articles.economictimes.indiatimes.com/2012-07-16/news/32698621_1_india-s-best-companies-vodafone-india-work-institute| archive-url =https://archive.today/20130411034848/http://articles.economictimes.indiatimes.com/2012-07-16/news/32698621_1_india-s-best-companies-vodafone-india-work-institute| url-status =dead| archive-date =11 April 2013| access-date =2 October 2015}}</ref> | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
[[Category:Companies based in | {{Contract research organization}} | ||
[[Category:Companies based in Bengaluru]] | |||
[[Category:Indian companies established in 1998]] | [[Category:Indian companies established in 1998]] | ||
[[Category:1998 establishments in Karnataka]] | [[Category:1998 establishments in Karnataka]] | ||
[[Category:Health care companies established in 1998]] | [[Category:Health care companies established in 1998]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||
[[Category:2024 initial public offerings]] | |||
[[Category:The Carlyle Group companies]] | |||
Latest revision as of 01:51, 18 August 2025
This lead contains content that is written like an advertisement. |
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Formerly | Indegene Lifesystems Private Limited (1998–2016) Indegene Private Limited (2016–2022) |
|---|---|
| Traded as | |
| Industry | Pharmaceutical consultancy[1] |
| Founded | 1998 |
| Founder(s)s | Rajesh Nair Manish Gupta Sanjay Parikh Anand Kiran Gaurav Kapoor |
| Headquarters | , India |
Area served | Worldwide |
Key people | Manish Gupta (CEO)[2] |
| Revenue | |
| Owners |
|
Number of employees | 5,081 (March 2024)[3] |
| Website | www |
Indegene Limited is an Indian company that provides research and commercialization services to biopharmaceutical and healthcare enterprises.[5][6][7] Based in Bangalore, the company provides consulting in pharmaceutical marketing, clinical trials, pharmacovigilance, medical and regulatory affairs, and health informatics.[8][9]
History[edit | edit source]
Indegene was founded in 1998 by Dr. Rajesh Nair, Manish Gupta, Gaurav Kapoor, Dr.Sanjay Parikh and Anand Kiran.[10] Indegene's first acquisition was Medsn, a company that provided medical education. Medsn continued to operate under the same name in the United States.[11] In 2008, Medsn officially became Indegene Pharmaceutical Solutions in the United States. In 2006, Indegene acquired MedCases, a continuing medical education company based in the United States.[7][12]
In 2009, Indegene signed a master service agreement with six pharmaceutical companies.[6][13] The following year, Indegene acquired Canada-based Aptilon, a multichannel marketing firm, for $4 million.[14] The company subsequently acquired Atlanta-based Total Therapeutic Management in 2014.[15]
In September 2019, Indegene acquired London-based consulting company, DT Associates, for $10 million.[16]
In February 2021, the Carlyle Group and Brighton Park Capital invested $200 million in Indegene.[17] In August 2021, Indegene acquired Medical Marketing Economics (MME), an American market access and pricing strategy company, for $10 million.[18]
Indegene went public in May 2024 with an initial public offering, raising ₹1,842 crore (US$260 million). It listed on the BSE and the NSE.[19][20]
Operations[edit | edit source]
Indegene has offices in India, the United States, the European Union, and Asia-Pacific.[21][12]
In 2011 and 2012, The Economic Times named Indegene one of the best companies to work for in the Professional Services industry.[22]
References[edit | edit source]
- ↑ "Indegene ends 26% higher on listing day". 13 May 2024.
- ↑ "Indegene on the prowl for global acquisitions". The Hindu Businessline. 12 August 2020. Retrieved 8 January 2023.
- ↑ 3.0 3.1 3.2 3.3 "Fact Sheet – Q4 FY2024" (PDF). Indegene. Retrieved 30 May 2024.
- ↑ "Carlyle Group sells 4.3% in Indegene for ₹636 cr". The Economic Times. 3 December 2024. Retrieved 4 December 2024.
- ↑ Das, Avik (2 September 2015). "Flipkart, Practo CEOs get top rating from staff". The Economic Times. Archived from the original on 8 September 2015. Retrieved 2 October 2015.
- ↑ 6.0 6.1 Singh, Seema (7 May 2009). "Cutting pharma costs by intelligent marketing". Mint. Retrieved 2 October 2015.
- ↑ 7.0 7.1 Unnikrishnan, CH (8 November 2006). "Indegene buys US firm". Business Standard. Retrieved 2 October 2015.
- ↑ Murayama, Keiichi (19 February 2015). "India's tech muscle has the world's attention". The Nikkei. Retrieved 2 October 2015.
- ↑ "Indegene files papers with Sebi; eyes ₹3,200 crore via IPO". mint. 15 December 2022. Retrieved 8 January 2023.
- ↑ Amirapu, Deepika (9 March 2012). "Indegene eyes US call centre buy for $10–15 million". The Economic Times. Archived from the original on 19 November 2015. Retrieved 2 October 2015.
- ↑ D'Silva, Jeetha (17 September 2005). "Indegene acquires US medical education co". The Economic Times. Archived from the original on 16 October 2015. Retrieved 2 October 2015.
- ↑ 12.0 12.1 "Indegene acquires MedCases, LLC". NFV Zone. 30 November 2006. Retrieved 2 October 2015.
- ↑ "Indegene highlights benefits of patient adherence programs for pharma cos". PharmaBiz. 3 June 2011. Archived from the original on 19 November 2015. Retrieved 2 October 2015.
- ↑ Mukherjee, Rupali (7 November 2012). "Indegene to acquire Canada-based company for $4 million". Times of India. Retrieved 2 October 2015.
- ↑ Craig, Tara (9 January 2014). "Indegene acquires Total Therapeutic Management". PMLive.com. Retrieved 2 October 2015.
- ↑ Balakrishnan, Reghu (3 September 2019). "Healthcare tech firm Indegene acquires DT Associates". The Economic Times. Retrieved 28 April 2024.
- ↑ Madhurima, Nandy (3 February 2021). "Indegene to raise $200 mn from Carlyle, Brighton Park". LiveMint. Retrieved 20 August 2021.
- ↑ Baruah, Ayushman (30 August 2021). "Indegene acquires US-based Medical Marketing Economics for $10 mn". Mint. Retrieved 28 April 2024.
- ↑ Narayanan, KS Badri (6 May 2024). "Indegene IPO opens today in ₹430-452 price band". BusinessLine. Retrieved 6 May 2024.
- ↑ "PE firms Carlyle, Nadathur Fareast, Brighton Park Capital-backed Indegene IPO to open on May 6". Moneycontrol. Retrieved 28 April 2024.
- ↑ Vijay, Nandita (7 November 2012). "Indegene plans next phase of growth through acquisition in US, EU markets". PharmaBiz. Archived from the original on 19 November 2015. Retrieved 2 October 2015.
- ↑ "Best companies to work for 2012: Companies that came up trumps across various sectors". The Economic Times. 16 July 2012. Retrieved 2 October 2015.
{{cite news}}: CS1 maint: deprecated archival service (link)
