Indegene

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Indegene Limited
FormerlyIndegene Lifesystems Private Limited (1998–2016)
Indegene Private Limited (2016–2022)
Company typePublic
IndustryPharmaceutical consultancy[1]
Founded1998; 28 years ago (1998)
FoundersRajesh Nair
Manish Gupta
Sanjay Parikh
Anand Kiran
Gaurav Kapoor
Headquarters
Bangalore
,
India
Area served
Worldwide
Key people
Manish Gupta (CEO)[2]
RevenueIncrease ₹2,589 crore (US$310 million) (FY24)[3]
Increase ₹584 crore (US$69 million) (FY24)[3]
Increase ₹336 crore (US$40 million) (FY24)[3]
Owners
Number of employees
5,081 (March 2024)[3]
Websitewww.indegene.com

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

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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$220 million). It listed on the BSE and the NSE.[19][20]

Operations

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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

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