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Onyx Bio
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Pharmaceutical contract manufacturer of sterile injectables
Onyx Bio
Work Here?
Pharmaceutical contract manufacturer of sterile injectables
Overview
Onyx Biotec Limited is a pharmaceutical contract manufacturing organization (CDMO) that produces sterile water for injections, dry powder injections, and dry syrups for B2B clients, offering end-to-end development, manufacturing, and regulatory dossier filing. It operates two WHO-GMP certified plants in Solan, Himachal Pradesh, expanded from two lines in 2010 to six by 2020, and opened a second unit in 2023 for dry powder injections and syrups. Its strengths include fully certified facilities with in-house regulatory filing, a client base of over 100 including Sun Pharma, Mankind, Macleods, and Glenmark, and ongoing capacity expansion with a dedicated unit for dry powders. The company plans to use IPO proceeds to upgrade capacity for large-volume parenterals and high-speed packaging, repay debt, and fund growth in global generic manufacturing.
About Onyx Bio
Industries
Consulting
Industrial & Manufacturing
Healthcare
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
2024
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Simplify's Take
What believers are saying
- FY26 revenue rose to ₹6,946.94 lakh, up from ₹6,195.37 lakh.
- Onyx Biotec reported no IPO-proceeds deviation on May 14, 2026, supporting governance.
- January 2026 DRC Congo export approval expands its addressable market beyond India.
What critics are saying
- FY26 ended with a ₹21.44 lakh loss as costs jumped to ₹7,033.57 lakh.
- Managing Director Sanjay Jain and Whole Time Director Lakshya Jain resigned effective May 27, 2026.
- Promoter sales and a September 2026 open offer signal control instability and takeover risk.
What makes Onyx Bio unique
- Onyx Biotec runs WHO-GMP sterile injectables and dry-syrup manufacturing from Solan.
- It bundles manufacturing, dossier filing, and end-to-end B2B supply for 100-plus pharma clients.
- Its 2023 second unit targets EUGMP and Schedule M standards for export-grade production.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Company Equity
Professional Development Budget
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About Onyx Bio
Industries
Consulting
Industrial & Manufacturing
Healthcare
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
2024
There are no jobs for Onyx Bio right now.
Find jobs on Simplify and start your career today