- Business
- Alivus Life Sciences Limited Glenmark Life Sciences Limited, formerly Glenmark Life Sciences Limited and a subsidiary of Nirma Limited, develops and manufactures high-value, non-commoditized active pharmaceutical ingredients (APIs) and provides contract development and manufacturing organization (CDMO) services for chronic therapeutic areas including cardiovascular disease, central nervous system disorders, pain management, diabetes, oncology, and anti-infectives. The company offers a diversified portfolio of over 160 APIs such as Amiodarone and Telmisartan for cardiovascular treatments; Teneligliptin and Linagliptin for diabetes management; Clindamycin and Lopinavir for anti-infectives; and specialized oncology molecules, alongside end-to-end CDMO support encompassing custom synthesis, process development, scale-up from research to commercial production, and cGMP-compliant manufacturing inspected by regulators like the US FDA, PMDA Japan, and EDQM Europe. Alivus Life Sciences Limited supplies these products to more than 700 customers, including the world's top 20 generic pharmaceutical companies, across global markets in North America, Europe, Japan, Latin America, India, and the rest of the world (ROW); it operates four manufacturing facilities in India, including sites at Mohol Solapur (registered office), Kurkumbh Pune, Ankleshwar, and Mahape Navi Mumbai R&D, plus corporate offices in Mumbai's Andheri East.
Founded in 2011 as part of Glenmark Pharmaceuticals' API business unit that originated in 2001, the company is headquartered at Plot No. 170-172, Chandramouli Industrial Estate, Mohol Bazarpeth, Solapur, Maharashtra, India, with its corporate office at 4th Floor, OIA House, 470 Cardinal Gracious Road, Andheri East, Mumbai.
In recent developments, Nirma Limited acquired a 75% majority stake from Glenmark Pharmaceuticals in March 2024 for approximately Rs 5,651 crore, establishing Nirma as the new promoter and enabling Glenmark's strategic shift toward innovative branded formulations; the company rebranded to Alivus Life Sciences in early 2025 to reflect its evolving vision for growth in APIs and CDMO, strengthening global presence amid a temporary Ankleshwar facility closure that impacted first-half FY25 revenues but supported improved gross margins over 55% and a projected high single-digit growth for the full year.