Who Supplies Artesunate? Top Manufacturers & Their Global Buyers
India accounts for a significant share of global Artesunate exports, with 441+ registered manufacturers shipping to buyers across 102+ countries — yet a handful of companies dominate the shipments. IPCA LABORATORIES LIMITED holds the largest share at 26.8% (export value: $46.0M). Close behind, AFROWAY PHARMA (8.5%, $14.7M). AFRINEXT OVERSEAS PRIVATE LIMITED (4.6%, $7.8M). The Sankey diagram below maps every supplier's customer flow in detail. All figures are drawn from Indian Customs (DGFT) shipping bill records.

🏭 Market Analysis: Top Suppliers & Customer Networks
Comprehensive supplier network intelligence dashboard
Who Supplies Artesunate? Top Manufacturers & Their Buyers
Flow of Artesunate from leading Indian exporters to their key global customers
Supplier-Customer Network Analysis
Top Suppliers → Customer Networks
Artesunate Supplier Network — Key Market Intelligence
The Artesunate export market from India is led by IPCA LABORATORIES LIMITED, which alone commands a 26.8% share, shipping $46.0M worth of product across 422 shipments. The second-largest exporter, AFROWAY PHARMA, contributes $14.7M (8.5%) to the overall market. Combined, the top two suppliers alone account for 35.3% of all Artesunate exports, indicating a relatively concentrated supply base.
Across all 441 tracked manufacturers, the total Artesunate export value stands at $171.9M from 6.1K shipments. The market average shipment value is $28.1K. The single largest buyer relationship in terms of trade value is GLOBAL FUND / PSI MADAGASCAR, receiving $38.1M worth of product.
The combined buyer network spans 21 named purchasing companies, including GLOBAL FUND / PSI MADAGASCAR, SECRETARIAT GENERAL DE LA SANTE,, US EMBASSY KINSHASA USAID GHSC, MINISTRY OF HEALTH GOVERNMENT CITY, THE MANAGER, and 16 others. These buyers represent pharmaceutical manufacturers, distributors, hospital procurement groups, and generic drug producers operating across multiple continents.
Market Analysis: Top Suppliers & Their Customer Networks
1IPCA LABORATORIES LIMITED
IPCA LABORATORIES LIMITED is the first-largest Artesunate exporter from India, with a market share of 26.8% and a total export value of $46.0M across 422 shipments. Their average shipment value of $109.1K is above the market average of $28.1K, suggesting premium or bulk contract pricing.
IPCA LABORATORIES LIMITED serves 5 named buyers in our database. GLOBAL FUND / PSI MADAGASCAR is the dominant customer, accounting for 82.7% of this supplier's tracked business. Top customers include:
• GLOBAL FUND / PSI MADAGASCAR — $38.1M across 349 shipments (82.7% of this supplier's total exports)
• SECRETARIAT GENERAL DE LA SANTE, — $2.8M across 25 shipments (6.0% of this supplier's total exports)
• US EMBASSY KINSHASA USAID GHSC — $1.9M across 17 shipments (4.1% of this supplier's total exports)
• MINISTRY OF HEALTH GOVERNMENT CITY — $1.7M across 15 shipments (3.6% of this supplier's total exports)
• SECRETARIAT GENERAL DE LA SANTE, — $1.6M across 15 shipments (3.5% of this supplier's total exports)
Key Insight: IPCA LABORATORIES LIMITED's per-shipment value of $109.1K is 288% above the market average of $28.1K, consistent with large-order contracts or value-added formulations.
2AFROWAY PHARMA
AFROWAY PHARMA is the second-largest Artesunate exporter from India, with a market share of 8.5% and a total export value of $14.7M across 336 shipments. Their average shipment value of $43.6K is above the market average of $28.1K, suggesting premium or bulk contract pricing.
AFROWAY PHARMA serves 5 named buyers in our database. THE MANAGER, is the dominant customer, accounting for 86.2% of this supplier's tracked business. Top customers include:
• THE MANAGER, — $12.6M across 290 shipments (86.2% of this supplier's total exports)
• THE MANAGER, — $1.4M across 31 shipments (9.3% of this supplier's total exports)
• EURO PHARMA LTD. — $465.5K across 11 shipments (3.2% of this supplier's total exports)
• MARENG INVESTMENTS C — $119.5K across 3 shipments (0.8% of this supplier's total exports)
• MARENG PHARMACEUTICA — $70.6K across 2 shipments (0.5% of this supplier's total exports)
Key Insight: AFROWAY PHARMA's per-shipment value of $43.6K is 55% above the market average of $28.1K, consistent with large-order contracts or value-added formulations.
3AFRINEXT OVERSEAS PRIVATE LIMITED
AFRINEXT OVERSEAS PRIVATE LIMITED is the third-largest Artesunate exporter from India, with a market share of 4.6% and a total export value of $7.8M across 77 shipments. Their average shipment value of $101.9K is above the market average of $28.1K, suggesting premium or bulk contract pricing.
AFRINEXT OVERSEAS PRIVATE LIMITED serves 5 named buyers in our database. TO THE ORDER OF is the dominant customer, accounting for 97.1% of this supplier's tracked business. Top customers include:
• TO THE ORDER OF — $7.6M across 75 shipments (97.1% of this supplier's total exports)
• EMPRESARIAL DE — $153.9K across 2 shipments (2.0% of this supplier's total exports)
• TO THE ORDER OF — $51.0K across 1 shipments (0.6% of this supplier's total exports)
• TO THE ORDER.,SANTIA — $12.8K across 0 shipments (0.2% of this supplier's total exports)
• TO THE ORDER OF,AARN — $11.0K across 0 shipments (0.1% of this supplier's total exports)
Key Insight: AFRINEXT OVERSEAS PRIVATE LIMITED's per-shipment value of $101.9K is 262% above the market average of $28.1K, consistent with large-order contracts or value-added formulations.
4LINCOLN PHARMACEUTICALS LTD
LINCOLN PHARMACEUTICALS LTD is the fourth-largest Artesunate exporter from India, with a market share of 2.8% and a total export value of $4.8M across 155 shipments. Their average shipment value of $31.1K is above the market average of $28.1K, suggesting premium or bulk contract pricing.
LINCOLN PHARMACEUTICALS LTD serves 5 named buyers in our database. HEKO PHARMACY LTD is the dominant customer, accounting for 75.0% of this supplier's tracked business. Top customers include:
• HEKO PHARMACY LTD — $3.6M across 116 shipments (75.0% of this supplier's total exports)
• ZOLON HEALTHCARE LTD — $658.4K across 21 shipments (13.7% of this supplier's total exports)
• AMIPHARMA LABORATORI — $320.2K across 10 shipments (6.6% of this supplier's total exports)
• UNIQUE PHARMA — $131.7K across 4 shipments (2.7% of this supplier's total exports)
• Zolon Healthcare Ltd — $93.2K across 3 shipments (1.9% of this supplier's total exports)
Key Insight: LINCOLN PHARMACEUTICALS LTD's per-shipment value of $31.1K is 10% above the market average of $28.1K, consistent with large-order contracts or value-added formulations.
5MACLEODS PHARMACEUTICALS LTD
MACLEODS PHARMACEUTICALS LTD is the fifth-largest Artesunate exporter from India, with a market share of 2.0% and a total export value of $3.4M across 95 shipments. Their average shipment value of $36.2K is above the market average of $28.1K, suggesting premium or bulk contract pricing.
MACLEODS PHARMACEUTICALS LTD serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• SECRETARIAT GENERAL DE LA SANTE, — $1.5M across 41 shipments (43.5% of this supplier's total exports)
• PROGRAMME D APPUI AU DEVELOPPEMENT — $717.3K across 20 shipments (20.9% of this supplier's total exports)
• NATIONAL MEDICAL STORES — $415.8K across 11 shipments (12.1% of this supplier's total exports)
• SOBAPS CHARGE DU SUL — $415.4K across 11 shipments (12.1% of this supplier's total exports)
• PROGRAMME D'APPUI AU — $394.4K across 11 shipments (11.5% of this supplier's total exports)
Key Insight: MACLEODS PHARMACEUTICALS LTD's per-shipment value of $36.2K is 29% above the market average of $28.1K, consistent with large-order contracts or value-added formulations.
6SCOTT EDIL PHARMACIA LIMITED
SCOTT EDIL PHARMACIA LIMITED is the fifth-largest Artesunate exporter from India, with a market share of 0.9% and a total export value of $1.6M across 74 shipments. Their average shipment value of $21.3K is below the market average of $28.1K, reflecting a high-volume, competitive pricing strategy.
SCOTT EDIL PHARMACIA LIMITED serves 5 named buyers in our database. Business is spread across multiple buyers, reducing single-customer dependency. Top customers include:
• TO THE ORDER — $565.5K across 27 shipments (35.9% of this supplier's total exports)
• TO THE DIRECTOR OF — $300.7K across 14 shipments (19.1% of this supplier's total exports)
• TO THE DIRECTOR OF — $289.3K across 14 shipments (18.4% of this supplier's total exports)
• ROYAL PHARMA 2011 LIMITED — $254.7K across 12 shipments (16.2% of this supplier's total exports)
• TO THE DIRECTOR — $163.8K across 8 shipments (10.4% of this supplier's total exports)
Key Insight: SCOTT EDIL PHARMACIA LIMITED operates with high shipment frequency (74 shipments) at a per-shipment value of $21.3K, indicating a broad distribution network with many smaller, regular orders.
From Indian Factories to Global Pharmacies — How Artesunate Flows
Once Artesunate leaves the manufacturing plants of companies like IPCA LABORATORIES LIMITED and AFROWAY PHARMA, it travels to 5 destination markets with a combined import value of $171.9M. Madagascar absorbs the largest share at 23.1% ($39.7M), followed by Kenya (18.8%) and Angola (6.9%).
In Madagascar — the top destination — named importers include GLOBAL FUND / PSI MADAGASCAR. In Kenya, key buyers are NATIONAL MEDICAL STORES, UNICEF SOUTH SUDAN, KENYA MEDICAL SUPPLIES AUTHORITY (K.
This geographic spread reflects Artesunate's role as an essential active pharmaceutical ingredient (API) and finished dosage form — sourced primarily from India due to its cost-competitive, WHO-compliant manufacturing base. The Sankey diagram below maps these destination countries to their named importers in detail.
🌍 Market Analysis: Top Importing Countries & Importers
Comprehensive geographic market intelligence dashboard
Where Does Artesunate Go? Top Importing Countries & Their Buyers
Trade flow of Artesunate exports from India — top destination countries and the named companies importing it
Geographic Market Flow Analysis
Top Countries → Global Importers
Market Analysis: Top Importing Countries & Their Importers
1Madagascar
Madagascar ranks as the first-largest destination for Artesunate imports from India, with a total trade value of $39.7M across 3 shipments — representing a 23.1% share of all Artesunate exports. The average shipment value of $13.2M is above the global average of $28.1K, indicating high-value procurement contracts or branded formulations. This market is served by 1 tracked buyer.
Named Artesunate importers in Madagascar: GLOBAL FUND / PSI MADAGASCAR is the largest buyer, accounting for 95.9% ($38.1M) of this market's total imports.
• GLOBAL FUND / PSI MADAGASCAR — $38.1M (95.9% of Madagascar's total)
Key Insight: Madagascar's per-shipment average of $13.2M (46953% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Madagascar is a key market for Artesunate imports from India.
2Kenya
Kenya ranks as the second-largest destination for Artesunate imports from India, with a total trade value of $32.3M across 27 shipments — representing a 18.8% share of all Artesunate exports. The average shipment value of $1.2M is above the global average of $28.1K, indicating high-value procurement contracts or branded formulations. This market is served by 3 tracked buyers.
Named Artesunate importers in Kenya: NATIONAL MEDICAL STORES is the largest buyer, accounting for 13.0% ($4.2M) of this market's total imports.
• NATIONAL MEDICAL STORES — $4.2M (13.0% of Kenya's total)
• UNICEF SOUTH SUDAN — $1.4M (4.2% of Kenya's total)
• KENYA MEDICAL SUPPLIES AUTHORITY (K — $1.3M (3.9% of Kenya's total)
Key Insight: Kenya's per-shipment average of $1.2M (4153% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Kenya is a key market for Artesunate imports from India.
3Angola
Angola ranks as the third-largest destination for Artesunate imports from India, with a total trade value of $11.9M across 0 shipments — representing a 6.9% share of all Artesunate exports. The average shipment value of $11.9M is above the global average of $28.1K, indicating high-value procurement contracts or branded formulations.
Key Insight: Angola's per-shipment average of $11.9M (42089% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Angola is a key market for Artesunate imports from India.
4Congo Dr
Congo Dr ranks as the fourth-largest destination for Artesunate imports from India, with a total trade value of $11.1M across 204 shipments — representing a 6.5% share of all Artesunate exports. The average shipment value of $54.6K is above the global average of $28.1K, indicating high-value procurement contracts or branded formulations. This market is served by 4 tracked buyers.
Named Artesunate importers in Congo Dr: SECRETARIAT GENERAL DE LA SANTE is the largest buyer, accounting for 49.2% ($5.5M) of this market's total imports.
• SECRETARIAT GENERAL DE LA SANTE — $5.5M (49.2% of Congo Dr's total)
• UNIQUE PHARMA — $2.8M (25.5% of Congo Dr's total)
• SECRETARIAT GENERAL DE LA SANTE, — $1.6M (14.5% of Congo Dr's total)
Key Insight: Congo Dr's per-shipment average of $54.6K (94% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Congo Dr is a key market for Artesunate imports from India.
5Tanzania
Tanzania ranks as the fifth-largest destination for Artesunate imports from India, with a total trade value of $10.0M across 16 shipments — representing a 5.8% share of all Artesunate exports. The average shipment value of $624.4K is above the global average of $28.1K, indicating high-value procurement contracts or branded formulations. This market is served by 2 tracked buyers.
Named Artesunate importers in Tanzania: HEKO PHARMACY LTD is the largest buyer, accounting for 36.4% ($3.6M) of this market's total imports.
• HEKO PHARMACY LTD — $3.6M (36.4% of Tanzania's total)
• MINISTRY OF HEALTH GOVERNMENT CITY — $1.7M (16.8% of Tanzania's total)
Key Insight: Tanzania's per-shipment average of $624.4K (2120% above global average) points to a market favouring large-batch or high-value pharmaceutical procurement.
Tanzania is a key market for Artesunate imports from India.
People Also Ask — Artesunate Supplier & Trade Network
Who are the top suppliers of Artesunate from India?+
Which companies buy Artesunate from Indian manufacturers?+
Where does Artesunate exported from India go?+
What is the market share of the top Artesunate supplier from India?+
What is the average shipment value for Artesunate exports from India?+
Is Artesunate manufactured in India and exported globally?+
Which country imports the most Artesunate from India?+
Who are the buyers of Artesunate in Kenya?+
How concentrated is the Artesunate supplier market in India?+
How do I find verified buyers for Artesunate in specific countries?+
Artesunate Trade Network — Key Takeaways
- 1IPCA LABORATORIES LIMITED is India's dominant Artesunate exporter with a 26.8% market share and $46.0M in total exports — making it the single most important sourcing entity in this market.
- 2The top 441 suppliers collectively account for 45.6% of all tracked Artesunate exports, with a combined trade value of $171.9M.
- 3Madagascar is the largest destination market, absorbing 23.1% of India's Artesunate exports ($39.7M). Kenya (18.8%) and Angola (6.9%) follow.
- 4With 6.1K total shipments averaging $28.1K each, the Artesunate export trade from India reflects both bulk API supply and finished dosage form distribution.
- 5Verified buyers across the network include GLOBAL FUND / PSI MADAGASCAR, SECRETARIAT GENERAL DE LA SANTE,, THE MANAGER,, THE MANAGER, — representing a diverse base of pharmaceutical importers, distributors, and generic drug manufacturers globally.
Network Overview
Supplier Network
Country Network
Network Insights
Top supplier: 5 customers
6 suppliers → 102 countries
Network value: $171.9M
Related Analysis
Market Intelligence
Latest developments and market context
Detailed market intelligence for Artesunate — including regulatory updates, trade policy changes, and competitive landscape analysis — will be available in an upcoming update. This section will feature AI-researched insights from verified industry sources, government notifications, and market reports.
Official References & Regulatory Resources
- CDSCO India
- Pharmexcil
- IBEF — India Pharma Industry
- Ministry of Commerce — Pharma Exports
- India Trade Statistics (DGFT)
Verify manufacturer licensing and export certifications with the official agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Network Construction: Supplier-to-buyer trade relationships constructed from verified shipment pairs in Indian Customs (DGFT) records for Artesunate.
- 2.Flow Mapping: 441 Indian manufacturers mapped to their international buyer networks using consignee name normalization.
- 3.Value Aggregation: Trade value per supplier-buyer link aggregated from 6,110 individual shipment records. Values are FOB in USD.
- 4.Geographic Clustering: Buyer networks clustered across 102 destination countries to identify geographic concentration patterns.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
6,110 Verified Shipments
441 manufacturers in network
Expert-Reviewed
By pharmaceutical trade specialists