sucess-story
Success Story

Avik Pharmaceutical Limited - API Export Market Expansion

How Volza’s market intelligence empowered a pharmaceutical manufacturer to achieve 120% export revenue growth and enter 8 new regulated markets.

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120% Export Growth
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8 New Markets
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15% Global Market Share
Avik Pharmaceutical
Client Profile

About Avik Pharmaceutical Limited

Pioneering excellence in corticosteroid API manufacturing since 1978

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Company

Avik Pharmaceutical Limited

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Industry

Pharmaceutical Manufacturing (APIs)

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Location

Vapi, Gujarat, India

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Establishment

1978

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Business Type

API Manufacturer

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Contact Person

Mr. Anant Thakore (Chairman)

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Annual Turnover

₹25–100 Crores

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Employees

51–200 people

The Challenge

Business Obstacles

Navigating regulatory and market complexities in the global API landscape

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Managing diverse pharmaceutical import regulations across countries.
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Identifying pharmaceutical companies requiring corticosteroid and hormonal APIs.
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Understanding market entry and approval timelines.
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Competing with well-established global suppliers.
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Adapting quality standards to meet global regulatory requirements.
Our Goals

Project Objectives

Strategic roadmap for global expansion

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Goal 1

Analyze international pharmaceutical regulations to prioritize viable markets.

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Goal 2

Identify and verify global buyers for specialty APIs.

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Goal 3

Benchmark global quality and compliance standards.

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Goal 4

Establish regulatory intelligence for timely approvals and sustainable export growth.

The Solution

Volza's Solution

Data-backed market and competitive insights empowering exporters to achieve rapid, confident expansion

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API Demand Analysis

Global demand mapping for corticosteroids and steroidal hormones.

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Pharma Company Database

Access to verified pharmaceutical manufacturers and their sourcing patterns.

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Quality Standard Benchmarking

Insights into quality requirements across different regulatory markets.

The Journey

Implementation Timeline & Activities

12-month roadmap to global regulatory success

Market Prioritization

Identification of 8 target markets based on demand and regulatory feasibility.

Months 1–2
Months 3–5
Buyer Validation

Sourcing verified data on 250+ pharmaceutical buyers and importers.

Compliance Mapping

Development of quality and documentation standards aligned with global norms.

Months 6–8
Months 9–12
Market Entry Execution

Support in dossier preparation, lead follow-ups, and strategic partnerships.

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Results & Impact

Quantitative Outcomes

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Growth
+120%

Export Revenue

+120% growth in international API sales.

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Growth
8 new

Regulatory Approvals

Secured in 8 new regulated markets.

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Growth
+180%

Customer Base

+180% increase in international clients.

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Growth
5 new

Product Portfolio

5 new APIs successfully launched globally.

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Growth
15%

Market Share

Captured 15% of the global specialty corticosteroids segment.

Qualitative Outcomes
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Strengthened regulatory expertise across markets.
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Enhanced quality systems meeting international standards.
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Built strategic partnerships with leading global pharma companies.
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Improved R&D capabilities for complex API development.
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Fostered data-driven decision-making culture in export strategy.
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Strategic Impact

The collaboration between Avik Pharmaceutical Limited and Volza exemplifies how data, intelligence, and regulatory insight can transform export potential into measurable growth. By combining market foresight, buyer validation, and quality benchmarking, Avik not only scaled its exports but established itself as a trusted global leader in specialty APIs.

quote-icon Volza’s pharmaceutical market intelligence was instrumental in our global expansion. Their regulatory insights helped us navigate complex approval processes in eight new markets, resulting in 120% growth in our API exports. The platform’s pharmaceutical company database connected us with top-tier international partners. quote-icon

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