Indovax
Indovax is a privately held Indian biologics manufacturer founded in 1986 and headquartered in Gurgaon, with 251–500 employees producing biological products for domestic or international markets across nearly four decades of continuous operation.
- Company typePrivate
- Founded1986
- HeadquartersGurugram, India
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Indovax firmographics
Firmographics- Name
- Indovax
- Website
- https://indovax.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Indovax is a privately held Indian biologics manufacturer founded in 1986 and headquartered in Gurgaon, with 251–500 employees producing biological products for domestic or international markets across nearly four decades of continuous operation.
- Ownership category
- akta.pro rank
Indovax industry classification
Industry- Product category
- Biologics Manufacturing
- NAICS
- Biological Product (except Diagnostic) Manufacturing (325414)
- SIC
- Biological Products, (No Disgnostic Substances) (2836)
- akta.pro primary industry
- Veterinary Vaccines (Biologics) (HLAMAEAL)
- akta.pro secondary industry
- Vaccine Manufacturing & Contract Services (Veterinary Vaccine CDMO) (HLAMAKAI)
Keywords
Where Indovax is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Markets served
Indovax business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
Indovax product offering
Product offeringCore offering
Indovax is described as a manufacturer of biologics. The company develops, produces, and sells biological products, consistent with the "vax" suffix in its corporate name that is commonly associated with vaccine production. Specific product lines, technology platforms, and customer segments are not disclosed in the available source material because the company website is currently under scheduled maintenance.
Differentiator
Problem solved
Functional benefit
Companies that use Indovax
Customer profileIdeal customer profiles1 record
Indovax technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Indovax competitors and assessment
Company assessmentBroad incumbents
- Phibro Animal Health: Phibro Animal Health is a US-listed animal health and nutrition company with biologics-adjacent capabilities, relevant as a comparable for capital-markets valuation benchmarking against a private biologics manufacturer.
- Elanco Animal Health: Elanco is a major global animal health company with a biologics/vaccines franchise and is relevant as a public-market comparable for valuation triangulation against a private biologics manufacturer like Indovax.
- Ceva Santé Animale: Ceva is a global animal health company with a strong veterinary vaccines portfolio, particularly in poultry and swine, making it a comparable broad incumbent to Indovax in biologics manufacturing.
- Zoetis: Zoetis is the global leader in animal health and vaccines. As a broad incumbent in the biologics/veterinary vaccine category, it represents the dominant competitive benchmark and exit-multiple anchor for Indovax.
- Boehringer Ingelheim Animal Health: Boehringer Ingelheim's animal health business is a global veterinary biologics and vaccines leader and a relevant peer for understanding competitive dynamics and category multiples in Indovax's market.
Regional players
- Vetoquinol: Vetoquinol is a European-headquartered animal health company with veterinary biologics capabilities and serves as a comparable mid-sized regional player for valuation benchmarking against Indovax.
Direct peers
- Hester Biosciences: Hester Biosciences is an Indian veterinary vaccine and animal health products manufacturer with comparable scale and a poultry/livestock vaccine focus that closely overlaps with Indovax's biologics manufacturing profile.
- Indian Immunologicals: Indian Immunologicals is a Hyderabad-based biologics and vaccine manufacturer producing human and animal vaccines, making it the closest direct Indian peer to Indovax in biologics manufacturing focus and geography.
Emerging players
- Biovac: Biovac is an emerging-market vaccines and biologics manufacturer based in South Africa, comparable to Indovax as a regionally focused biologics platform serving emerging-market demand.
Others
- MSD Animal Health: MSD Animal Health is a global animal vaccines and biologics incumbent and a direct category competitor to Indovax in the broader vaccine/biologics manufacturing space, though at far greater scale.
Market position
Customer concentration
Indovax social profiles
Digital presenceIndovax financial estimates
Financial estimateRevenue estimate
Valuation estimate
Indovax leadership team
Management profileNumber of profiles
Indovax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Indovax 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 Indovax
What does Indovax do?
Indovax is described as a manufacturer of biologics. The company develops, produces, and sells biological products, consistent with the "vax" suffix in its corporate name that is commonly associated with vaccine production. Specific product lines, technology platforms, and customer segments are not disclosed in the available source material because the company website is currently under scheduled maintenance.
When was Indovax founded?
Indovax was founded in 1986. It employs 251 to 500 people.
Where is Indovax based?
Indovax is headquartered in Gurugram, India, in the Asia region.
Who are Indovax's main competitors?
Broad incumbents on record are Phibro Animal Health, Elanco Animal Health, Ceva Santé Animale, Zoetis and Boehringer Ingelheim Animal Health. Vetoquinol is listed as a regional player. Direct peers are Hester Biosciences and Indian Immunologicals. Biovac is listed as an emerging player. MSD Animal Health is listed as an others.
Does Indovax have an API?
No public API is recorded for Indovax.
What industry is Indovax in?
Indovax's product category is Biologics Manufacturing. Its primary akta.pro industry code is HLAMAEAL, Veterinary Vaccines (Biologics), with a secondary code of HLAMAKAI, Vaccine Manufacturing & Contract Services (Veterinary Vaccine CDMO). Its NAICS code is 325414 and its SIC code is 2836.