Lincoln Pharmaceuticals Ltd., India

Name

Lincoln Pharmaceuticals Ltd., India

Legal name

Lincoln Pharmaceuticals Ltd.

Website

https://lincolnpharma.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Pharmaceutical Formulations

NAICS

Pharmaceutical Preparation Manufacturing (325412), Medicinal and Botanical Manufacturing (325411)

SIC

Pharmaceutical Preparations (2834)

akta.pro primary industry

OTC Pain Relief & Fever (Analgesics, Anti-inflammatory, Topical Pain Relief) (CRADAMAC)

akta.pro secondary industries

Cardiometabolic Pharmaceuticals (Cardiovascular/Diabetes/Obesity) (HLAIAAAE), Cold, Flu, Cough & Allergy Remedies (Decongestants, Antihistamines, Cough Syrups, Lozenges) (CRADAMAD), Dermatology & Aesthetics Pharmaceuticals (HLAIAAAK), Endocrinology & Reproductive Health Pharmaceuticals (incl. Women’s Health) (HLAIAAAJ), Compounding Ingredient & API Distributors (Pharma Supply) (HLAIAJAO)

Keywords

• Pharmaceutical formulations
• Generic medicines
• Drug delivery systems
• Anti-infective therapeutics
• Pharmaceutical manufacturing

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure

Revenue model

1. Pharmaceutical Formulations Sales: Manufacturing and sale of pharmaceutical formulations including tablets, capsules, injectables, syrups, and ointments. Revenue generated through domestic distribution network and international exports to 60+ countries.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Lincoln Pharmaceuticals Ltd. manufactures and markets pharmaceutical formulations including tablets, capsules, injectables, syrups, and ointments across 15 therapeutic areas such as anti-infective, respiratory, gynecology, cardio & CNS, anti-diabetic, and anti-malaria. The company has developed 600+ formulations and 1,700+ registered products, with proprietary novel drug delivery systems (NDDS), Transdermal Absorption Enhancer (TAE) technology, and PROGLET bilayer tablet technology. Products are sold domestically across 26 Indian states and exported to 60+ countries.

Product overview

Lincoln Pharmaceuticals is a pharmaceutical company offering a diverse portfolio of 600+ formulations across 15 therapeutic areas with over 1,700 registered products and 700 in pipeline. The company operates as a unified product portfolio with multiple dosage forms (Tablets, Capsules, Injectables, Syrups, Ointments) and branded products. Key differentiated offerings include innovative drug delivery systems like PA-12 with PROGLET bilayer technology for pain management, Diclofenac Gel portfolio with TAE technology for topical pain relief, and Domi Up (Ondansetron Oral Spray) as a novel NDDS formulation. The company maintains strong presence in anti-infective, respiratory, gynecology, cardio & CNS, anti-diabetic, and anti-malaria therapeutic segments. Products are distributed domestically across 26 states in India through 50,000+ retailers and exported to 60+ countries globally.

Differentiator

Problem solved

Functional benefit

Brands

• Luther Aqua: Pharmaceutical formulation brand
• Nam Cold DX
• Vivian Gel
• PA-12 (PARALIB)
• Prolin
• Nam Cold Z
• Ryno
• Charge-Up
• Domi-Up (Ondansetron Oral Spray)
• Emmufast
• RELAXO/VIVIAN/DIKON/DIFLAME/DORGEL/DICLOGEL/DIKON PLUS/DICLIQUE/ALVIOL/DIPHADIC

Products and services

• Diclofenac Gel Portfolio Topical NSAID gel portfolio featuring proprietary Transdermal Absorption Enhancer (TAE) technology for localized pain relief with minimized systemic exposure. Sold to distributors, pharmacies, and healthcare providers for patient use.
• PA-12 (PARALIB) Bilayer Tablet Bilayer paracetamol 1000mg tablet combining immediate-release and sustained-release layers for pain and fever management across chronic conditions (osteoarthritis, lower back pain) and acute conditions (fever, dental pain, injuries).
• Domi Up (Ondansetron Oral Spray) NDDS (Novel Drug Delivery System) oral spray formulation of Ondansetron for nausea and vomiting management, delivering faster onset of action compared to conventional tablet formulations.
• Vaginal Spray Patented intravaginal delivery spray product for women's health applications.
• Vitamin C + Zinc Tablets Vitamin C and Zinc supplement tablets for immunity and nutritional support.
• Anti-infective Formulations Antibiotic and antimicrobial pharmaceutical formulations for treating infectious diseases across domestic and international markets.
• Anti-malaria Formulations Patented antimalarial drug formulations developed and commercialized for malaria treatment across endemic markets.
• Respiratory System Products Pharmaceutical formulations for respiratory conditions including cough, cold, asthma, and bronchial disorders sold under brands like Nam Cold DX and Nam Cold Z.
• Cardio & CNS Products Cardiovascular and central nervous system pharmaceutical formulations including high-value chronic disease treatments.
• Anti-diabetic Products Pharmaceutical formulations for diabetes management across the chronic disease segment.

Quantifiable outcome

• Consistent profit growth for 10+ consecutive years - one of only 16 Indian companies to achieve this
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor.

• Green Leaf TrustminorOthersEnvironmental NGO focused on sustainable development and environmental conservation in Gujarat through afforestation, watershed management, and water-scarce community support.
• Setu TrustminorOthersGrassroots NGO dedicated to sustainable development and environmental conservation, collaborating on tree plantation drives, lake desilting projects, and water conservation initiatives.
• Vicharta Samuday Samarthan Manch (VSSM)minorOthersNGO focused on supporting drought-prone and rural communities with innovative conservation practices to restore natural resources and promote climate resilience.
• Saptak School of MusicminorOthersPremier music institution in Ahmedabad dedicated to preserving and promoting Indian classical music through education and annual festival. Lincoln Pharma sponsors music education programs and the annual festival.
• Smile FoundationminorOthersNational NGO providing education, healthcare, and livelihood support to underprivileged children and families. Lincoln Pharma backs child education programs and skill-building workshops.
• AASMAAN FoundationminorOthersNGO focusing on child welfare, education, and youth engagement through grassroots initiatives. Supports educational access and youth skill development programs.
• Bharat Ke VeerminorOthersGovernment-backed initiative allowing citizens to contribute to families of martyred soldiers. Lincoln Pharma provides financial assistance to martyr families.

Scale indicators13 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ajanta Pharma: Mid-cap Indian formulations manufacturer with similar India + emerging-markets export mix, multi-therapeutic portfolio, and branded generics strategy. Closely comparable on size, regulatory footprint, and product breadth.
• Natco Pharma: Indian formulations and API manufacturer with parallel focus on oncology, anti-viral, and chronic segments; comparable on the mix of domestic brand-led generics and international expansion posture.
• Alembic Pharmaceuticals: Indian formulations manufacturer with comparable API + finished-dose business, US FDA and EU-GMP approved plants, and overlap in dermatology, anti-infective, and cardiac segments.
• J B Chemicals & Pharmaceuticals: Indian mid-cap pharma with strong domestic field force, OTC and prescription portfolio, and exports across emerging markets—highly comparable on distribution model and therapeutic mix to Lincoln.
• Unichem Laboratories: Indian formulations manufacturer with API operations and exports to regulated and emerging markets, overlapping in cardiovascular, anti-infective, and pain management categories.
• Strides Pharma: Indian pharma manufacturer with significant emerging-markets exports and regulated-market focus, including Africa. Comparable on geographic targeting and oral solid dosage portfolio.
• IPCA Laboratories: Integrated Indian pharma combining API manufacturing with finished formulations across anti-malarial, anti-infective, and chronic care—directly comparable to Lincoln's API + formulations model and target markets.
• Emcure Pharmaceuticals: Indian pharma manufacturer with India domestic + global export model, including women's health, derma, and cardiovascular—therapeutic categories directly overlapping Lincoln's portfolio.

Broad incumbents

• Glenmark Pharmaceuticals: Larger Indian pharma with broader international footprint and R&D scale than Lincoln, but overlapping therapeutic segments (dermatology, respiratory, cardiac) and similar branded-generic positioning.
• Torrent Pharmaceuticals: Larger Indian pharma with strong domestic field force model mirroring Lincoln's 600+ field force approach, plus emerging-markets exports, with overlap in chronic care and cardiovascular segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/_lincolnpharma_
• YouTubeyoutube.com/channel/UCHjizgLESqXI7Jhz8ZTK0Jg
• Facebookfacebook.com/LincolnPharmaceuticalsLimited
• LinkedInlinkedin.com/company/lincoln-pharmaceuticals-ltd
• Instagraminstagram.com/lincolnpharma

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lincoln Pharmaceuticals Ltd., India