Alivus Life Sciences Ltd. Company History and Annual Growth Details

The Company was incorporated as ‘Zorg Laboratories Private Limited’, a private limited company under the Companies Act, 1956 on June 23, 2011 at Pune and was granted the certificate of incorporation by the RoC. the Company was acquired by Glenmark Pharmaceuticals Limited pursuant to the Share Purchase Agreement dated July 4, 2018. For further details, please see – “Details regarding material acquisitions or divestments of business/ undertakings, mergers, amalgamations or any revaluation of assets, in the last 10 years - Acquisition by Glenmark Pharmaceuticals Limited” on page 151. Pursuant to the acquisition, the name of the Company was changed to ‘Glenmark Life Sciences Private Limited’ by way of a special resolution passed by the shareholders of the Company on July 25, 2018 and a fresh certificate of incorporation dated August 10, 2018 was issued by the RoC. A shareholders’ resolution was passed on August 13, 2018 to convert the Company from a private limited company to a public limited company and a fresh certificate of incorporation dated August 28, 2018 was issued by the RoC. Thereafter, the business of active pharmaceutical ingredients was acquired by the Company from the Promoter pursuant to the Business Purchase Agreement.

Major events and milestones of the Company :

2002

- The Promoter established its API business

- Established manufacturing plant at Kurkumbh, Maharashtra

2003

- First product registered with US-FDA

- Acquired GlaxoSmithKline’s (GSK) API manufacturing plant in Ankleshwar, Gujarat

2004

- Commenced manufacturing at Mohol, Maharashtra

2008

- Ankleshwar plant at Gujarat inspected by US-FDA

2012

- Ankleshwar plant inspected by PMDA and AFSSAPS

2013

- Commenced manufacturing at Dahej, Gujarat

- Ankleshwar plant inspected by COFEPRIS

2015

- Dahej plant inspected by US-FDA

2016

- Dahej plant inspected by PMDA Japan

2018

- Dahej plant inspected by EDQM, ANSM and US-FDA

- Mohol plant inspected by US-FDA

2019

- The API business was spun off into the Company

- Ankleshwar plant inspected by US-FDA, Health Canada and PMDA, Japan

2021

- Achieved milestone of 403 cumulative drug master files (DMF) registrations across multiple markets globally