The Indian Contract Research Organization (CRO) market has been pivotal in the global pharma supply chain, offering comprehensive services from drug discovery to manufacturing. The sector thrived during the COVID-19 pandemic due to increased drug discovery activities. However, the current geopolitical tensions and economic slowdowns in major markets like the US and EU are challenging smaller firms and prompting larger ones to cut costs.
Also, the companies are facing challenges in identifying the right clinical research candidates, managing time-to-market, and dealing with rising drug development costs and IP theft. Ocimum Life Sciences is a premier Contract Research Organization (CRO) and Contract Research and Manufacturing Services (CRAMS) provider specializing in drug development and advanced chemical synthesis. The firm addresses the above listed issues with an unmatched technical expertise, rapid scale-up times, a streamlined supply chain, and cost-effective solutions that adapt to the client's evolving needs.
Trusted Partner in Pharmaceutical Research
Ocimum Life Sciences began its journey in 2012 as a bootstrapped firm with a modest paid-up capital of INR 40 lakhs. Despite its humble beginnings, the company has experienced exceptional growth, now valued at over INR 15 crores. From its inception, the firm has been profitable and consistently increased its revenues year after year. The company's success is rooted in its strong partnerships with key players in drug discovery and development, evolving into a trusted partner in the industry.
“The firm has established a model CRO lab with best-in-class infrastructure, delivering cost-effective solutions without compromising on quality”, says Dr Srinivas NR, Founder and MD.
Ocimum Life Sciences offers a comprehensive range of products and services tailored to meet the needs of the pharmaceutical, biotechnology, and fine chemicals industries and specializes in providing end-to-end solutions from milligram to semi-bulk scale. The firm’s expertise spans the entire drug development lifecycle, including route scouting, synthesis of novel drug candidates, and the production of advanced intermediates. The company is also equipped to handle challenging chemical reactions involving highly flammable and reactive reagents, ensuring the delivery of high-quality products. Additionally, the company offers regulatory support, ensuring all documentation and compliance needs are met.
Ocimum Life Sciences prides itself on transparency, offering clients a clear view into their processes and practices, which builds trust and ensures accountability. The firm ensures that clients stay informed and aligned through regular reports that provide crisp and concise updates, making them feel as though they are present at the facility. Attitude is to work with a solution-oriented approach. The firm also has a continuous improvement culture to enhance client experience and satisfaction. Upholding the highest levels of integrity, strictly adhering to client NDAs and maintaining rigorous confidentiality is another major differentiator.
Ocimum Life Sciences is a leading CRO and CRAMS provider specializing in drug development with unmatched technical expertise
Ocimum Life Sciences ensures its CRO and CRAMS services meet industry standards through an ISO 9001-certified quality management system. The company is now implementing the KeaGMP, a quality centric ERP system, for audit readiness and has fully adopted 5S practices for safety and productivity enhancement. Additionally, the firm ensures client needs are met through skilled chemists trained in all facets of in-house synthesis. The company emphasizes employee satisfaction, offering clear career paths and fostering a supportive work environment.
Ocimum Life Sciences is focused on securing GLP certification within the next 9-12 months, aiming at a technology-driven transition powered by KeaGMP. The company plans to collaborate with leading organizations for Full-Time Equivalent (FTE) and Fee-For-Service (FFS) programs. They aspire to become a leader in the CRO space in India by pioneering industry-leading processes and scaling our diverse service offerings to meet growing demands.
