# Indian pharmaceutical industry expansion > Developing situation record from CLSTR: https://clstr.news/situations/indian-pharmaceutical-industry-expansion > Updated: 2026-11-02T12:56:48.000Z. Sources: 6. Developments: 2. Indian pharmaceutical companies are pursuing growth through manufacturing expansion and strategic acquisitions. Micro Labs Limited, a Bengaluru-based firm, continues its operations with a presence in over 50 countries and 17 manufacturing units. Laurus Labs is focusing on increasing its finished-dose medicines and contract manufacturing sectors. The company reported a 23% year-on-year revenue increase for FY26 and is expanding manufacturing capabilities in Visakhapatnam and Hyderabad, specifically targeting microbial fermentation, gene therapy, and antibody-drug conjugates. To bolster these capabilities, Laurus Labs entered agreements to acquire a 60 per cent stake in Canada-based Galenvs Science and a 52 per cent stake in Hyderabad-based SI&C Resins. The Galenvs Science acquisition is intended to expand access to custom oligonucleotide synthesis and functional magnetic nanoparticle technologies for the North American market. Additionally, Nucelion Therapeutics, a subsidiary of Bharat Biotech, has partnered with Pandorum Technologies. This collaboration aims to advance investigational therapies for eye diseases by providing manufacturing support for designer exosome-based regenerative medicines. ## Timeline ### 2026-11-02: Laurus Labs and Nucelion Therapeutics announce strategic expansions Laurus Labs is acquiring stakes in Galenvs Science and SI&C Resins to boost manufacturing, while Nucelion Therapeutics partners with Pandorum Technologies for eye disease therapies. 4 sources. https://clstr.news/cluster/laurus-labs-and-nucelion-therapeutics-announce-strategic-expansions ### 2026-10-27: Indian pharmaceutical companies Micro Labs and Laurus Labs announce expansion plans Micro Labs marks 53 years of global growth, while Laurus Labs announces plans to expand its finished-dose medicines and contract manufacturing operations. 2 sources. https://clstr.news/cluster/indian-pharmaceutical-companies-micro-labs-and-laurus-labs-announce-expansion-plans --- Cite as: Indian pharmaceutical industry expansion. CLSTR, https://clstr.news/situations/indian-pharmaceutical-industry-expansion