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Enzene

Biotech firm licensing clinical, biosimilar products

Overview

Enzene develops clinical and biosimilar biotech products and licenses them to other businesses (B2B licensing), primarily serving the Indian market with a portion of offshore sales. Its product pipeline targets biologics by creating biosimilar versions and advancing clinical products through development to market. The company relies on a team of world-class scientists and experienced leadership, backed by recognition from industry bodies, and emphasizes strong environmental, health, and safety (EHS) standards. Enzene operates as a subsidiary of Alkem, leveraging a parent portfolio of over 800 brands and more than 1,300 SKUs to reach healthcare customers. Overall, its goal is to bring clinically meaningful biologic therapies to patients in India and globally, expanding its footprint through licensing partnerships and continued product launches.

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About Enzene

Simplify's Rating
Why Enzene is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

BiotechnologyHealthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$50M

Headquarters

Pune, India

Founded

2006

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What believers are saying

  • August 2026 NeX launch targets governments and biopharma needing cheaper local manufacturing.
  • Adalvo’s October 2026 acquisition validates Enzene’s development quality and global partner appeal.
  • NJ capacity expansion plans within eighteen months can double US revenue-bearing manufacturing output.

What critics are saying

  • Selling romiplostim to Adalvo removes proprietary product upside and pricing power.
  • The New Jersey expansion needs clients fast; underutilization would crush returns by 2028.
  • Regulatory or tech-transfer failures on FDA, EMA, or partner filings can freeze the CDMO pivot.

What makes Enzene unique

  • Enzene’s EnzeneX platform cuts biologics plant cost from $300 million to $60 million.
  • It has GMP and EU-GMP sites in Pune plus a New Jersey facility.
  • October 2026 Adalvo deal proves Enzene can develop, approve, and transfer biosimilars globally.

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Funding

Total Funding

$50M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Life Insurance
  • Disability Insurance
  • 401k Retirement Plan
  • Paid Time Off
  • Flexible Work Hours
  • Hybrid Work Options
  • Remote Work Options

Company News

AZoM.com Limited
Oct 28th, 2026
Adalvo expands biosimilars portfolio through acquisition of romiplostim biosimilar program from Enzene.

Adalvo expands biosimilars portfolio through acquisition of romiplostim biosimilar program from Enzene. Adalvo today announced the acquisition of a romiplostim biosimilar program referencing Nplate(R) from Enzene, strengthening its biosimilars portfolio and accelerating the company's expansion into complex biological medicines. The transaction builds on Adalvo's established capabilities in bringing complex pharmaceutical products to global markets and extends these capabilities into biologics. Beyond romiplostim, Adalvo is actively building a broader portfolio of biosimilar assets across the full value chain, from cell line development through to commercialization. For Adalvo's global network of partners, this means access to a broader portfolio of technically complex medicines through the same integrated development, regulatory, supply and commercial platform. For Adalvo, it creates an additional engine for long-term growth in a strategically important segment of the pharmaceutical market. The acquired program references Nplate(R)(romiplostim), a treatment indicated for adult and chronic pediatric immune thrombocytopenia (ITP). Developed using microbial cell line technology, the program represents a technically sophisticated biosimilar opportunity aligned with Adalvo's focus on high-value, complex medicines. With the reference product generating approximately USD 1.5 billion in global sales in 2025, the program represents a significant global opportunity and supports Adalvo's ambition to broaden access to high-quality biological medicines across international markets. Biosimilars are a natural extension of Adalvo's capabilities into complex biological medicines and an important part of its long-term growth strategy. This acquisition strengthens its portfolio with a technically sophisticated program while bringing together Enzene's scientific and manufacturing expertise with Adalvo's global development, regulatory and commercial platform. News Medical is proud to partner with Enzene, a highly respected organization with deep scientific and manufacturing expertise, and News Medical look forward to establishing a long-term strategic relationship that extends beyond a single program." Anil Okay, CEO, Adalvo Limited "This partnership with Adalvo is a milestone for Enzene. Having taken romiplostim from cell line development through to regulatory approval and commercial supply in India, we are entrusting a strong global partner to bring it to patients internationally, while Enzene continues as development and manufacturing partner. This transaction strengthens Enzene's position as a leading global biosimilar CDMO, developing, scaling and manufacturing complex biologics for partners worldwide. Enzene is built on deep scientific, regulatory and GMP expertise and a proven multi-market track record. We look forward to building on this relationship with Adalvo in the years ahead," Himanshu Gadgil, Ph.D. CEO, Enzene For Enzene, the transaction marks a strategic inflection point. Having built an integrated biosimilar platform spanning cell line development, process development, clinical supply and commercial manufacturing, Enzene is now a global biosimilar CDMO of choice, focusing its business model fully on contract development and manufacturing services for biologics. Enzene will continue to serve as development and manufacturing partner to Adalvo for the romiplostim program, including support for regulatory filings with the US FDA, the European Medicines Agency and other international regulatory authorities, and will supply the product from its GMP-approved facilities in Pune, India. The partnership with Adalvo marks a significant step in Enzene's transition of its biosimilar pipeline to commercial partners, while expanding its CDMO offering to global biopharmaceutical companies. This acquisition reflects Adalvo's continued commitment to building a differentiated portfolio of high-value pharmaceutical products through strategic investments, licensing opportunities and targeted acquisitions. By expanding the biosimilars market, Adalvo takes another significant step in its evolution as a global pharmaceutical company dedicated to delivering complex and innovative treatment solutions across international markets. Be the first to rate this article

PR Newswire
Aug 3rd, 2026
Enzene launches NeX™ to enable local biomanufacturing for $60M–$80M vs. $300M–$400M conventional plants

Enzene, a global biomanufacturing organisation, has launched NeX™, an end-to-end partnership model enabling governments, institutions, and biopharma companies to establish local biomanufacturing capabilities. Built on Enzene's EnzeneX® fully-connected continuous manufacturing platform, NeX offers facility design support, technology transfer, workforce training through its SparX™ curriculum, and ongoing operational assistance. The programme aims to make biologics manufacturing more accessible and affordable. According to Enzene CEO Himanshu Gadgil, conventional biologics plants cost $300–$400 million to build, whilst the company's continuous manufacturing platform achieves equivalent output for $60–$80 million. Facilities built under the programme can reach commercial readiness in under three years. Enzene is currently in discussions with multiple governments and corporations globally. Participating organisations may also access products from Enzene's biosimilar portfolio for regional manufacture.

Contract Pharma
Jun 25th, 2026
Enzene premieres Nex partnership program at BIO 2026.

Enzene premieres Nex partnership program at BIO 2026. The company will also soon be expanding its New Jersey manufacturing facility. June 25, 2026 Content Marketing Editor Why This Matters: Check out all our BIO 2026 coverage here. Enzene unveiled its comprehensive, end-to-end Nex partnership program at the BIO International Convention in San Diego on June 23. The initiative allows governments, institutions, and biopharmaceutical organizations alike to establish world-class biosimilar manufacturing in their home territories. Enzene provides the technology, expertise, and pipeline behind the operation. Crucially, this cuts $200 to $300 million in capital needs for a conventional fed-batch facility to $60 to $70 million. Talking Nex with Enzene CEO. Following the Nex launch, Contract Pharma spoke exclusively with Enzene CEO Himanshu Gadgil, PhD, about the new program's potential impact. Gadgil said whether a partner is a smaller, early-stage company or a larger one, they can access a state-of-the-art platform. "We want to expand our network globally, go all over the world," Gadgil said. "There are pockets in the world where it's not just the platform, but also skill development that becomes important. So we are offering an end-to-end solution." According to Gadgil, part of Enzene's portfolio are biosimilars already approved in India that can be manufactured locally and marketed. This allows clients to go from zero to being a fully operational biologics manufacturing company in less than four years. It fits with Enzene's mission of being a CIDMO, or "continuously innovative" development and manufacturing organization. "We want to not just be a CDMO, but really anchor in on innovation," Gadgil said. NJ facility set for expansion. Gadgil mentioned Enzene's facility in Hopewell, NJ, for which the ribbon-cutting was held in September 2025, is now fully operational. So far, it has gotten a lot of interest from clients, and there are now plans to expand. "We will put additional suites in New Jersey in the next 18 months or so," Gadgil said. "We expect to double our capacity there."

MarketScreener
Dec 26th, 2025
Enzene Biosciences raises ₹3B from Alkem Laboratories, giving investor 99.61% stake

Enzene Biosciences Limited has raised INR 3 billion from Alkem Laboratories Limited through a private placement transaction. The Indian biotech company issued 6.4 million common shares at INR 468.60 per share on 26 December 2025. Following the transaction, Alkem Laboratories holds a 99.61% stake in Enzene Biosciences, marking its continued support as a returning investor. The funding represents a significant consolidation of ownership in the biotechnology firm.

Contract Pharma
May 30th, 2024
Enzene Biosciences Launches New Drug Discovery Division

Enzene Biosciences launches new Drug Discovery Division.

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