Morepen Laboratories
Morepen Laboratories is an Indian pharmaceutical manufacturer producing APIs (Montelukast, Loratadine, Atorvastatin), home diagnostics, branded OTC products, and finished formulations, exporting to over 80 countries and serving 100+ million domestic consumers under the Dr. Morepen brand, with a recent pivot into CDMO services via a Rs 825 crore multi-year contract.
- Company typePublic
- Founded1984
- HeadquartersGurugram, India
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Morepen Laboratories does
Morepen Laboratories Limited is an Indian pharmaceutical manufacturer founded in 1984 and headquartered in Gurgaon, with integrated manufacturing operations at Baddi and Masulakhanna in Himachal Pradesh across 10 purpose-built plants and capacity expanding toward 800 KL. The company operates in four business segments: (1) Active Pharmaceutical Ingredients (APIs), where it is the largest global producer of Montelukast at 45MT per annum and holds over 90% US market share of generic Loratadine at 120MT, with USFDA, WHO GMP, and EU GMP certified facilities supplying exports to over 80 countries; (2) Home Diagnostics, where it was the first company to manufacture glucometers and strips in India, with an installed base of approximately 4 million glucose monitors and 450 million strips sold; (3) Dr. Morepen branded OTC and consumer healthcare products, comprising 400+ SKUs including the 70-year-old Burnol and 40-year-old Lemolate brands, reaching over 100 million consumers; and (4) Finished Formulations spanning 150+ SKUs across cardiac, diabetic, and multispecialty categories. The company was carved out from a pure-play API exporter via a USD 100 million investment from Corinth Group of Switzerland in April 2021, a Rs 200 crore QIP in August 2024, the medical devices business carve-out into a wholly-owned subsidiary, and most recently a landmark Rs 825 crore (~USD 91 million) multi-year CDMO contract from a leading global pharma major that marks a strategic pivot from spot API supply toward long-term structured contract manufacturing programs. Its go-to-market combines direct enterprise sales for API and CDMO customers, a 2,000+ distributor domestic network for diagnostics and OTC products, and direct-to-consumer channels via the Dr. Morepen Pharmacy and Sync mobile applications.
Morepen Laboratories firmographics
Firmographics- Name
- Morepen Laboratories
- Legal name
- Morepen Laboratories Limited
- Website
- https://morepen.com
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Morepen Laboratories is an Indian pharmaceutical manufacturer producing APIs (Montelukast, Loratadine, Atorvastatin), home diagnostics, branded OTC products, and finished formulations, exporting to over 80 countries and serving 100+ million domestic consumers under the Dr. Morepen brand, with a recent pivot into CDMO services via a Rs 825 crore multi-year contract.
- Ownership category
- akta.pro rank
Morepen Laboratories industry classification
Industry- Product category
- Pharmaceutical Manufacturing
- NAICS
- Pharmaceutical and Medicine Manufacturing (3254), Pharmaceutical Preparation Manufacturing (325412), Drugs and Druggists' Sundries Merchant Wholesalers (424210), Biological Product (except Diagnostic) Manufacturing (325414)
- SIC
- Pharmaceutical Preparations (2834), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
- akta.pro primary industry
- Compounding Ingredient & API Distributors (Pharma Supply) (HLAIAJAO)
- akta.pro secondary industry
- Specialty Pharmaceutical Distributors (HLAIAJAB)
Keywords
Where Morepen Laboratories is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Morepen Laboratories business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Active Pharmaceutical Ingredients (API): Bulk drug API production and export to regulated markets. The company is a global leader with USFDA-approved facilities. Key products include Montelukast, Loratadine, and Atorvastatin. Exports currently account for 70% of API business, expected to rise to 80% over three years.
- Contract Development and Manufacturing (CDMO): Multi-year CDMO mandates from global pharma majors. Secured Rs 825 crore CDMO contract from leading global pharma company, expected to execute within 12-15 months. Represents strategic shift from spot business to long-term structured customer programmes.
- Home Diagnostics: Self-care products including BP Monitors, Glucose Monitors, Nebulizers, Thermometers, weighing scales and steamers. Sales through large distribution network in India.
- OTC & Healthcare Products: Over 400+ OTC products under Dr. Morepen brand including flagship products Burnol (70-year legacy, market leader) and Lemolate (40-year brand). Products available through pharmacy app and retail channels.
- Finished Formulations: High quality generic medicines for multispecialty, cardiac and diabetic categories through dedicated business units having 150+ SKUs. Integrated manufacturing facilities for contract manufacturing requirements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Stock trading recommendation - Buy at ₹49, target ₹53 |
| Unit Pricing | Pay-as-you-go | OTC products pricing under Dr. Morepen brand |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Morepen Laboratories product offering
Product offeringCore offering
Morepen Laboratories manufactures and exports Active Pharmaceutical Ingredients (APIs) such as Montelukast, Loratadine, and Atorvastatin from USFDA-approved facilities. The company also produces home diagnostic devices (glucometers, BP monitors), over 400 OTC healthcare products under the Dr. Morepen and Gubb World brands, finished generic formulations, and offers Contract Development and Manufacturing (CDMO) services to global pharmaceutical companies.
Product overview
Morepen Laboratories is a diversified pharmaceutical company with four core business segments: Active Pharmaceutical Ingredients (APIs), Home Diagnostics, Dr. Morepen OTC products, and Finished Formulations. The company operates USFDA-approved manufacturing facilities and exports to over 80 countries. Its API division is a global leader in Montelukast and Loratadine production, while its consumer health division under Dr. Morepen and Gubb World brands serves over 100 million consumers with 400+ OTC products. The company has recently expanded into contract development and manufacturing (CDMO) services with a landmark ₹825 crore mandate, and into digital health with mobile applications for health monitoring and pharmacy services.
Differentiator
Problem solved
Functional benefit
Brands
- Burnol: Original Burns Cream with 70-year legacy, market leader in burn treatment category in India
- Lemolate
- LightLife
- Empamore
- Intelicaps
Products and services
- Active Pharmaceutical Ingredients (APIs) Bulk drug APIs production with USFDA-approved facilities. Key products include Montelukast (largest global producer, 45MT annual capacity), Loratadine (over 90% US market share, 120MT capacity), Atorvastatin (top manufacturer in blockbuster US$18bn market), and Fexofenadine Hydrochloride (USFDA-approved generic Allegra). Exported to over 80 countries with USFDA, WHO GMP, and EU GMP certifications.
- Home Diagnostics Self-care diagnostic products including Blood Glucose Monitors (4 million installed base, 450 million strips sold), BP Monitors, Nebulizers, Thermometers, weighing scales, and steamers. Marketed under Dr. Morepen brand with ISO-13485 certified manufacturing.
- Dr. Morepen OTC Healthcare Products Over 400 OTC products under Dr. Morepen brand including flagship Burnol (70-year-old burns cream and market leader), Lemolate (40-year cough & cold brand), and a wide range of healthcare, grooming, and wellness products serving over 100 million consumers.
- Finished Formulations High-quality generic medicines for multispecialty, cardiac, and diabetic categories through dedicated business units with 150+ SKUs. Integrated manufacturing facilities support contract manufacturing requirements for global customers.
- CDMO Services Contract Development and Manufacturing Organization services for global pharmaceutical majors, leveraging USFDA-approved facilities and integrated manufacturing infrastructure. Represents a strategic shift from spot business to structured long-term customer programmes.
- Empamore New pharmaceutical product for Type 2 Diabetes, heart failure, and kidney disease launched at 90% lower cost than existing options in the Indian market.
- LightLife by Dr. Morepen Weight management wellness product developed in partnership with OptiBiotix, providing a scientific approach to long-lasting weight management for Indian consumers.
- Intelicaps Probiotic Technology Proprietary Intelicaps technology for enhanced probiotic delivery, first time introduced in India. Used as a differentiated delivery platform for probiotic products.
Quantifiable outcome
- 69% year-on-year net profit increase to ₹20 crore in Q4 FY26
- +4 more outcomes
Companies that use Morepen Laboratories
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles3 records
Morepen Laboratories technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Morepen Laboratories partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- VIT BhopalcoreDr. Morepen partnered with VIT Bhopal to establish a modern health centre for 17,000+ students and faculty, providing healthcare services and products to the university community.
- Leading Global Pharma Major (CDMO)flagshipRs 825 crore multi-year CDMO contract - one of the largest in company's history. Strategic shift from spot business to long-term structured customer programmes. Supplies expected to begin within 4-5 months.
- OptiBiotixcoreDr. Morepen partnered with OptiBiotix to deliver safe, science-backed weight management solution to India. Launched LightLife wellness product for weight management.
- Russian Direct Investment Fund (RDIF)corePartnership for test batch manufacturing of Sputnik V COVID-19 vaccine in India at Himachal Pradesh facility. Technology transfer underway with RDIF.
Scale indicators12 records
Recent moves7 records
Expansion highlights7 records
Morepen Laboratories competitors and assessment
Company assessmentBroad incumbents
- Sun Pharmaceutical Industries: Largest Indian pharma with extensive API, generics and specialty portfolio. A larger incumbent operating across all of Morepen's segments; not a pure peer but provides the upper bound on Indian pharma scale and competitive pressure.
Direct peers
- Cipla Limited: Major Indian pharma with large OTC and domestic formulations presence alongside global API and generics. Comparable India consumer health channel and bulk drug positioning.
- Laurus Labs: Indian API and CDMO manufacturer focused on anti-retroviral, cardiovascular and oncology APIs with strong USFDA compliance. Comparable scale and business mix in API + contract manufacturing.
- Glenmark Pharmaceuticals: Indian pharma with API manufacturing, generics and specialty formulations. Comparable CDMO activity and emerging markets distribution.
- Lupin Limited: Indian generic pharma with substantial API manufacturing, USFDA-approved plants, and global exports. Comparable regulatory compliance, US generics exposure, and India formulations business.
- Dr. Reddy's Laboratories: Indian pharmaceutical major with API manufacturing, generic formulations, and OTC presence across India and global markets. Comparable in CDMO activity, USFDA-compliant manufacturing, and integrated business model.
- Zydus Lifesciences (Cadila Healthcare): Indian pharma with API, formulations, CDMO and consumer health businesses. Overlapping product categories in cardiac, diabetes and OTC consumer health.
- Torrent Pharmaceuticals: Indian pharma with focus on cardiac, diabetes and CNS generics plus API manufacturing. Comparable therapeutic area focus and chronic-disease franchise emphasis.
- Aurobindo Pharma: Large Indian generic pharma and API manufacturer with USFDA-approved facilities, similar product mix spanning APIs, formulations, and exports to regulated markets. Directly comparable in scale, regulatory positioning, and customer overlap.
- Divis Laboratories: India-headquartered pure-play API and custom synthesis (CDMO) specialist with strong USFDA track record. Most directly comparable to Morepen's API and CDMO businesses given technology and customer overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Morepen Laboratories social profiles
Digital presenceMorepen Laboratories compliance and trust
Trust signalCompliance4 records
Morepen Laboratories financial estimates
Financial estimateRevenue estimate
Valuation estimate
Morepen Laboratories leadership team
Management profileNumber of profiles
Profiles1 record
Morepen Laboratories subsidiaries and ownership
Company hierarchySubsidiaries1 record
Morepen Laboratories funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Morepen Laboratories M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Morepen Laboratories
What does Morepen Laboratories do?
Morepen Laboratories manufactures and exports Active Pharmaceutical Ingredients (APIs) such as Montelukast, Loratadine, and Atorvastatin from USFDA-approved facilities. The company also produces home diagnostic devices (glucometers, BP monitors), over 400 OTC healthcare products under the Dr. Morepen and Gubb World brands, finished generic formulations, and offers Contract Development and Manufacturing (CDMO) services to global pharmaceutical companies.
Is Morepen Laboratories a public or private company?
Morepen Laboratories is a public company. It is classified as public and is currently operating.
When was Morepen Laboratories founded?
Morepen Laboratories was founded in 1984. It employs 501 to 1,000 people.
Where is Morepen Laboratories based?
Morepen Laboratories is headquartered in Gurugram, India, in the Asia region.
How does Morepen Laboratories make money?
Five revenue lines are on record. Active Pharmaceutical Ingredients (API) is the primary driver. The others are contract Development and Manufacturing (CDMO), home Diagnostics, OTC & Healthcare Products and finished Formulations.
Who are Morepen Laboratories's main competitors?
Sun Pharmaceutical Industries is listed as a broad incumbent. Direct peers are Cipla Limited, Laurus Labs, Glenmark Pharmaceuticals, Lupin Limited, Dr. Reddy's Laboratories, Zydus Lifesciences (Cadila Healthcare), Torrent Pharmaceuticals, Aurobindo Pharma and Divis Laboratories.
Does Morepen Laboratories have an API?
No public API is recorded for Morepen Laboratories.
What industry is Morepen Laboratories in?
Morepen Laboratories's product category is Pharmaceutical Manufacturing. Its primary akta.pro industry code is HLAIAJAO, Compounding Ingredient & API Distributors (Pharma Supply), with a secondary code of HLAIAJAB, Specialty Pharmaceutical Distributors. Its NAICS code is 3254 and its SIC code is 2834.