Akums Drugs & Pharmaceuticals Ltd. Company History and Annual Growth Details

Our Company was incorporated as a public limited company under the Companies Act, 1956 as ÂAkums Drugs and Pharmaceuticals LimitedÂ, pursuant to a certificate of incorporation dated April 19, 2004 issued by the RoC. Our Company received a certificate for commencement of business issued by the RoC dated May 13, 2004.

Major Events and Milestones:

2004

-Incorporation of the Company

-Established first plant for oral dosage commissioned at 19, 20, 21, sector 6A, Haridwar, Uttarakhand

2007

-Established dedicated manufacturing site for oral liquid dosage at 22, Sector 6A, Sidcul, Haridwar, Uttarakhand and sterile products at 2,3,4,5, Sector 6B, SIDCUL, Haridwar, Uttarakhand

2009

-Incorporated Maxcure Nutravedics Limited to venture into nutraceuticals

2010

-Dedicated a facility for hormones at 48, Sector 6A, SIDCUL, Haridwar, Uttarakhand

-Dedicated a facility for cosmetics and dermatology at 47, Sector 6A, SIDCUL, Haridwar, Uttarakhand

-Incorporated Akumentis Healthcare Limited to venture into branded formulations

2011

-Innovated bi-layered sustained release tablets for the first time

2012

-Acquired Pure and Cure Healthcare Private Limited to expand capacity and capabilities

2013

-Innovated tablet-in-tablet sustained release tablets for the first time

-Acquired Malik Lifesciences Private Limited manufacturing sites to expand capacity and capabilities

-Expanded into the African market

2015

-Expanded into the Asian market

-Established research and development laboratory in Mumbai, Maharashtra to venture into regulated market

2016

-Maxcure Nutravedics Limited received US-NSF certification

2019

-Investment by Ruby QC Investment Holdings Pte. Ltd. in our Company to become a minority shareholder

2021

-Acquired Parabolic Drugs to form Akums Lifesciences Limited and ventured into APIs

-Acquisition of a facility at Kotdwar, Uttarakhand by Akums Healthcare Limited

2022

-Plant at 19, 20, 21, Sector 6A, SIDCUL, Haridwar, Uttarakhand and plant at 2, 3, 4,5, Sector 6B, SIDCUL, Haridwar, Uttarakhand accredited European Union-Good Manufacturing Practices, qualifying for exports to European markets

-Acquisition of a facility in Haridwar, Uttarakhand by Akums Healthcare Limited and a facility in Baddi, Himachal Pradesh by Pure and Cure Healthcare Private Limited

2023

-Acquisition of another facility in Baddi, Himachal Pradesh by Pure and Cure Healthcare Private Limited

-Merger of Akums Lifesciences Limited with Pure and Cure Healthcare Private Limited

2024
-The Company has informed to exchange regarding new product launches.

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