Mankind Pharma has grown to become India's fourth-largest pharma company by focusing on specialty products, spinning off its OTC business, and making key acquisitions. Behind this success are brothers Ramesh and Rajeev Juneja, who have overcome many challenges to build a business that focuses on public health at affordable prices.

Starting with a big dream
When you walk into Rajeev Juneja's office at Mankind Pharma's headquarters in Delhi, the first thing you notice is the wall displaying portraits of great leaders. These images not only pay homage but also inspire the vision of Mankind Pharma. "We have always been inspired by the Tatas; they are my heroes," says Rajeev Juneja, emphasizing that Mankind's goal is to become an organization that has a real impact.

The journey of Mankind Pharma began in 1984, when Ramesh Juneja started Bestochem in Meerut, Uttar Pradesh, after resigning from Lupin Pharmaceuticals. However, a decade later, he and his younger brother Rajeev decided to start Mankind Pharma with a clear vision: to provide high-quality medicines at affordable prices to serve a large number of patients, especially in rural areas and small towns.

A Game-Changing Vision
Recalling his time as a medical representative at Lupin, Ramesh Juneja noticed that many patients could not afford to buy full-fledged medicines after paying for their consultations. This realization became the driving force for the brothers to build a pharmaceutical business that would make medicines more accessible to patients.

From a small company, Mankind Pharma has grown into a listed pharmaceutical group with a turnover of ₹10,335 crore in FY2024 and a market capitalisation of ₹121,193 crore. Despite its strong position, Mankind Pharma has remained true to its core philosophy: to ensure quality medicines at affordable prices for all.

The Journey Ahead
Mankind Pharma’s success has not only been driven by its pricing strategy but also by its product portfolio expansion, focus on specialty medicines and continuous investment in research and development. The company has also been continuously expanding its reach through strategic acquisitions, strengthening its position in the market.

Mankind Pharma is not just a pharmaceutical company but a testament to how big dreams can come true if built on a solid foundation and commitment to the community. With a long-term vision and steadfastness in mission, Mankind Pharma is moving closer and closer to its goal of becoming a globally influential healthcare organization.