Indiana's pharmaceutical industry is a dynamic sector characterized by innovators in drug development and manufacturing. Key players in the sector, notably Eli Lilly and Company and Exelead, cater to global markets with a vast array of prescription medications and healthcare solutions. With a strong focus on research, development, and technological advancements, the state's pharmaceutical companies are crucial to the wellness industry. They guide drug development from the clinical trial stage to the global markets, offering a range of services to life sciences, backed by stringent quality controls. The trend in the sector points to enriched investments in technologies and into capabilities to further enhance the industry's robust growth.


Top 20 pharmaceuticals companies in Indiana

1. Eli Lilly and Company

  • Website: lilly.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 1876
  • Headcount: 10001+
  • Latest funding type: Ipo
  • LinkedIn

Eli Lilly and Company is a global pharmaceutical company that specializes in the research, development, and manufacturing of innovative medical treatments and therapies. They offer a wide range of prescription medications and healthcare solutions.


2. Exelead

  • Website: exeleadbiopharma.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 2017
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Exelead Biopharma is a pharmaceutical manufacturing company specializing in lipid nanoparticle, liposome, and pegylation formulations. They guide drug development from clinical trials to global markets, providing services in pre-clinical development, clinical supply, and commercial contract manufacturing.


3. Waterstone Pharmaceuticals, Inc.

  • Website: waterstonepharma.com
  • Headquarters: Carmel, Indiana, United States
  • Founded: 2008
  • Headcount: 501-1000
  • Latest funding type: Debt Financing
  • LinkedIn

Based in Indianapolis, IN with operations in Wuhan, China, Waterstone Pharmaceuticals is an emerging leader in providing products and services to the global life sciences industry. In 2010, Waterstone Pharmaceuticals launched its new R&D center and new API manufacturing facility meeting ICH Q7 and US FDA cGMP guidelines. From early stage discovery to commercial programs, Waterstone Pharmaceuticals continues to invest into technologies and capabilities to serve the global pharmaceutical industry. o Catalog of over 30,000 research products o Custom synthesis o Custom development and manufacturing o non GMP and cGMP advanced starting materials o cGMP APIs


4. Lgenia

  • Website: lgenia.com
  • Headquarters: Fortville, Indiana, United States
  • Founded: 2018
  • Headcount: 11-50
  • LinkedIn

Lgenia is a pharmaceutical company that focuses on discovering new medications to treat debilitating diseases such as Alzheimer's, Malaria, and Tuberculosis. They aim to make these medicines affordable and accessible to all.


5. Midwest Institute for Cl Research INC

  • Website: micr.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 1988
  • Headcount: 11-50
  • LinkedIn

Midwest Institute For Clinical Research is a private research organization dedicated to conducting clinical trials (Phase II-IV) for pharmaceutical and medical device industries in the Indianapolis metropolitan area.


6. True Rx Health Strategists

  • Website: truerx.com
  • Headquarters: Washington, Indiana, United States
  • Founded: 2006
  • Headcount: 51-200
  • LinkedIn

TrueRx Health Strategists is a company specializing in controlling the cost of medications. With a focus on understanding benefits and providing innovative pharmacy solutions, we aim to improve the health and quality of life for our patients.


7. Xeno Diagnostics, LLC

Xeno Diagnostics is a company that specializes in in-vitro assays for immune response evaluation. They offer services such as immune cell activation and immune cell-mediated cytotoxic activity assays. They also conduct drug cytotoxicity screening assays and provide quality accreditation and regulatory compliance. Their expertise includes stem cell enumeration assay, evaluation of engineered cells, and evaluation of immune responses to transplant tissues.


8. Info.Resource

IndianaLifeScience.com is a resource for the life science industry in Indiana, providing information on biotech, pharmaceuticals and medical devices.


9. Gil Drugs

  • Website: gildrugs.com
  • Headquarters: Valparaiso, Indiana, United States
  • Founded: 1955
  • Headcount: 11-50
  • LinkedIn

Gil Drugs is a healthcare company providing prescription management, vaccines, supplements, and medical supplies for individuals and facilities.


10. Medicine Plus

Medicine Plus provides pharmaceutical care. They utilize a highly trained staff and the latest technology to get prescriptions filled in a thorough and efficient manner. They provide old-fashioned, personal service. Medicine Plus utilizes the most current technology to maintain customer profiles and screen for drug interactions when they fill prescriptions. Medicine Plus has a compounding laboratory that contains pharmaceutical-grade chemicals and specialized equipment not found in most retail pharmacies. They also offer many convenient services such as a drive-thru window, city-wide delivery, shipping services, and online refills. They also offer diabetic shoes and insoles, diabetic supplies, and medication flavoring.


11. Indiana Pharmacists Association

Indiana Pharmacists Association was founded in 1882 by a group of pioneering pharmacists, including Colonel Eli Lilly and G.D. Searle. Today, we represent over 7,200 Indiana licensed pharmacists, 5,000 pharmacy technicians and 1,000 student pharmacists. Indiana Pharmacist Association provides vision and a collective voice for Indiana pharmacy professionals. We build consensus for members working across the continuum of health care, including retail pharmacies, health systems, managed care and senior care facilities. We provide valuable professional resources to pharmacist, student pharmacist and pharmacy technician members to support the pharmacy profession and member careers.


12. Gate Neurosciences, Inc.

  • Website: gateneuro.com
  • Headquarters: Carmel, Indiana, United States
  • Founded: 2019
  • Headcount: 11-50
  • Latest funding type: Series Unknown
  • LinkedIn

Gate Neurosciences is on a mission to develop a new generation of therapies for the hundreds of millions of people worldwide suffering from neuropsychiatric and cognitive disorders. We are dedicated to advancing novel, safe, and rapid-acting drug mechanisms that address underlying disease biology by enhancing synaptic function, strengthening neuronal connections, and restoring healthy brain signaling. Our approach focuses on precision psychiatry and evidence-driven insights, and is based on learnings from extensive clinical, preclinical, and translational data across thousands of patients with our molecules. By rethinking what’s possible, we’re creating hope for better mental health treatments and better lives. To learn more about our clinical-stage, next-generation neuroscience pipeline, please visit our website: https://www.gateneuro.com


13. BioCrossroads

  • Website: biocrossroads.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 2002
  • Headcount: 1-10
  • Latest funding type: Grant
  • LinkedIn

BioCrossroads is an organization that supports and promotes the life sciences industry in Indiana by connecting with corporate, academic and philanthropic partners; facilitating investments in promising start ups; building new enterprises; and educating through conferences, reports and market development knowledge.


14. Beckman Coulter Life Sciences

  • Website: beckman.com
  • Headquarters: Indianapolis, Indiana, United States
  • Headcount: 1001-5000
  • LinkedIn

Beckman offers high-quality flow cytometry reagents and instruments for laboratory needs. They provide a wide range of products such as antibodies, cell counters, centrifuges, liquid handling solutions, particle size analyzers, and genomic solutions. Beckman also offers contract manufacturing services and custom design services for clinical systems and kits.


15. Envigo ++++

  • Website: envigo.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 2015
  • Headcount: 1001-5000
  • Latest funding type: Acquired
  • LinkedIn

Envigo is a company that offers genetically engineered models and research services to support successful studies. They provide a wide range of animal diets, research models, and lab animal care products. Envigo is dedicated to providing high-quality support services to researchers worldwide.


16. Inotiv

  • Website: inotivco.com
  • Headquarters: West Lafayette, Indiana, United States
  • Founded: 1974
  • Headcount: 501-1000
  • Latest funding type: Grant
  • LinkedIn

Inotivco is a company that provides a wide range of services for discovery and nonclinical development projects. Their industry-leading histology laboratories offer services from tissue processing to digital analysis, ensuring high-quality results for their clients.


17. iA

  • Website: iarx.com
  • Headquarters: Indianapolis, Indiana, United States
  • Founded: 1972
  • Headcount: 201-500
  • LinkedIn

iarx.com is a company offering a range of professional services to its clients.


18. GrandView Pharmacy

  • Website: grandrx.com
  • Headquarters: Brownsburg, Indiana, United States
  • Founded: 1960
  • Headcount: 201-500
  • LinkedIn

GrandRx is an innovative pharmacy solutions provider for long-term care and senior residential communities. They offer comprehensive pharmacy services to improve medication outcomes, decrease pharmacy-related errors, and reduce hospital readmissions. Their customer-focused approach and expertise in senior health make them a reliable partner in the industry.


19. Singota Solutions

  • Website: singota.com
  • Headquarters: Bloomington, Indiana, United States
  • Founded: 2006
  • Headcount: 51-200
  • LinkedIn

Singota Solutions is a contract development and manufacturing organization (CDMO) focused on helping clients in the pharmaceutical, animal health, and biotechnology industries move their products through the drug development pipeline faster by being agile, accountable, and transparent.


20. VMS BioMarketing

VMS BioMarketing is a company that specializes in delivering clinical educator solutions to improve patient adherence and help providers ensure an effective patient start after therapy decisions have been made. They offer training, education, and support for new technologies, with a focus on increasing patient engagement and satisfaction. VMS is known for its strong reputation as a great partner, providing meaningful connections and capturing real-world insights to drive behavior change and improve patient outcomes.


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