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Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals Ltd, is one of the leading developers and manufacturers of select high-value Active Pharmaceutical Ingredients. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies.
Alivus Life Sciences (formerly Glenmark Life Sciences) reported FY26 turnover of ₹2,552 Cr & net worth of ₹3,332 Cr. A flash fire incident resulted in ₹0.29 Cr environmental compensation. Company progresses towards 2027 water neutrality and 2030 carbon neutrality goals. Noted 47 customer complaints and 2 employee/worker fatalities.
Alivus Life Sciences allotted 32,000 equity shares under its Employee Stock Option Scheme, increasing the paid-up share capital to approximately 24.55 Cr. This operational update slightly expands employee ownership.
Alivus Life Sciences experienced a fire at one production block at its Dahej facility, affecting a portion of intermediate manufacturing. API production in that block and six other blocks remain fully operational. The company expects prompt resumption of API and intermediate production, leading to a few delayed shipments.
Alivus Life Sciences (formerly Glenmark Life Sciences) reported FY25 turnover of ₹23,869 Cr and net worth of ₹28,174 Cr, with strong exports comprising 51.7% of sales to over 75 countries. The company is actively pursuing sustainability, significantly reducing its carbon footprint and improving water efficiency. Key operational improvements include adopting...
Alivus Life Sciences has received a favorable update from the USFDA concerning its API manufacturing facility in Dahej, Gujarat. Following a recent inspection, the USFDA has issued an Establishment Inspection Report (EIR) with a "No Action Indicated" (NAI) classification. This positive development confirms the facility's adherence to regulatory standards, ensuring...