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The game of pharma companies played through electoral bonds

Electoral bonds which was a new scheme launched by BJP to take donations from corporate or individuals for political parties funding has gained much heat after supreme court order to SBI and EC. Twitter(x) is now full of allegations that the money was taken either as extortion or bribe to favor their corporate friends or blackmailing enemies. In this article we will see what biotech/pharma and allied companies are involved in this list. And what gains they were expecting by donating their money to Electoral bonds.

In the list, though there are several names (75 companies/individuals) but special coverage has been made on Adar Poonawalla from Serum Institute, Kiran Mazumdar Shaw from Biocon, Krishna Ella from Bharat Biotech, Piramal Enterprises, Sun Pharma Laboratories Limited, Torrent Pharmaceuticals Limited, Zydus Healthcare Limited, Yashoda Super Speciality Hospital etc. During analysis it was found that some donations were perfectly made during COVID crisis and some of them were made by companies that do not exist online. Some companies would pay crores of rupees but they were not able to afford a website. A new twist will be added to article when it will be revealed which company/individual paid to which political party. Now Opposition leaders including Rajya Sabha MP Kapil Sibal are seeking legalities to constitute SIT to probe the matter and including PM-CARES too in this investigation. If this is done we can imagine how the layers of corruption will be erupted.

According to our analysis, around 75 biosciences entities (Table) or individuals involved in pharma, biotech, agriculture, supply chain, diagnostics etc. business purchased electoral bond of around Rs 1500 crore revealed by data released by the Election Commission.

Of these, at least seven pharma companies were being investigated for poor quality drugs when they purchased the bonds. Regardless, experts say it is significant that drug companies are a major contributor of political finance. “They have invested hundreds of crores in political parties,” said S Srinivasan, an activist who is part of the All India Drug Action Network. “Nobody believes that they did it for the love of democracy, elections or charity.”

Experts noted that drug regulation is just one area where the pharmaceutical industry seeks concessions from governments. Firms could also be looking for cheap land, tax exemptions, favourable policies or for price caps to be removed.

All the concerned entries are placed in a table. Here we will see the purchaser who paid blindly to electoral bonds…

Name of Company Individuals Amount
Pharma
 Piramal Enterprises Ltd 10 CR
PIRAMAL CAPITAL AND HOUSING FINANCE LTD- 10 CR
PIRAMAL ENTERPRISES LTD – 25 CR
PIRAMAL PHARMA LIMITED 3 CR
Premchand Godha 22LK
Ipca Labs 10 CR + 2.5 CR+ 1 CR
Sun Pharma Laboratories Limted 21.5 cr+10 CR
 Torrent Pharmaceuticals Limited 77.5 Cr
Dr.Reddy’s Laboratories Ltd 69 cr
Cipla Ltd 39.2 cr
Natco Pharma Ltd 76 cr
Cyzachem Pvt Ltd Adar Poonawalla 1.5 cr
Sez Biotech Services Pvt Ltd Poonawalla 1.5 cr
India Glycols Ltd 3 cr
Aurobindo Pharma Limited 47 cr
Apl Healthcare Limited 10 cr
Hetero Drugs Limited 30
Hetero Labs Limited 25
HETERO BIOPHARMA LIMITED 5 cr
Ajanta Pharma Ltd + Rajesh Mannalal Agrawal+ Smriti Agrawal 4+13 +2
Intas Pharmaceuticals Limited 20 cr
Zydus Healthcare Limited 29 cr
Lupin Limited 18 cr
Bharat Biotech International Limited 10 cr
Yashoda Super Speciality Hospital 162 cr
Micro Labs Ltd 9 cr
Glenmark Pharmaceuticals Ltd 9.58 cr
Mankind Pharma Limited 24 cr
Alembicpharmaceuticalslinclrtgs 10.20 cr
Alkem Laboratories Limited 10.7 cr
Usv Private Ltd 10 cr
 Kiran Mazumdar Shaw 6 cr
Msn Pharmachem Pvt Ltd 26 cr
 Chiron Behring Vaccines Pvt Ltd 5 cr
Biovet Pvt Ltd 5 cr
 Eugia Pharma Specialities Limited 15 cr
Medical supplies
Horizon Medical Supplies 4 cr
Lakshmi Medicals 5 cr
Dheeraj Medicals 17 cr
Labs
 Tridentchempharlimited 5 cr
 Honour Lab Ltd
Hazelo Lab Private Ltd
Hindys Lab Private Ltd
  Selmar Lab Private Ltd
Nexg Devices Pvt Ltd
Nimbha Biotech Private Limited + Ilabs
Dasami Lab Private Ltd
Dr Healthtech
Maithri Laboratories (Pvt) Ltd
Msn Laboratories Pvt Ltd
 Monalisa Bottling Industries Pvt Ltd
Purulia Bottling Pvt Ltd
M/S. K.D. Liquor Fertilizer Private L
M/S. Ramesh Agarwal C S Bottling Pl
Himadri Khan Country Spirit Bottling Pla Nt Cum Ware House
Laxmi Industrial Bottling Plan
Prakash Distillery & Chemical Co (P) Lt D
Galaxy C.S. Bottling Plant
Westwell Gases Private Limited
Food Industries
Fertileland Foods Private Limited
Ifb Agro Industries Limited
 Keventer Foodpark Infra Limited 165 CR
Agri Industries
Asian Agri Genetics Limited
 Swal Corporation Limited
United Phosphorus India Llp
Sri Sai Bio Organics
Logistics
Harmesh Rahul Joshi – OM FREIGHT FORWARDERS EUROPE LIMITED 10 cr
Rahul Jagannath Joshi-OM FREIGHT FORWARDERS EUROPE LIMITED 10 cr
Infrastructure Logistics Pvt Ltd
Bird Worldwide Flight Services Indi
Srichaitanya Students Facility Management Pvt Ltd
Varsity Education Management Pvt Limited

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