- Business
- Cohance Lifesciences Limited (formerly Suven Pharmaceuticals Limited) operates as an integrated technology-driven contract development and manufacturing organization (CDMO) platform serving global pharmaceutical and biotech companies; it specializes in custom synthesis, process research and development, scale-up manufacturing, analytical services, formulation development, clinical supplies manufacturing and packaging, and regulatory support for new chemical entities, intermediates, active pharmaceutical ingredients, and formulations. The company delivers comprehensive analytical chemistry capabilities encompassing method development and validation using HPLC and GC/GC-HS, structure elucidation by NMR, LC-MS/MS analysis, DSC and TGA testing, chiral and HPLC purity assessments, organic volatile impurities and residual solvents detection, ICH-compliant stability studies, impurity profiling, and achiral/chiral separations. Cohance Lifesciences maintains operations primarily in India with headquarters in Hyderabad, Telangana, and extends its reach through strategic global partnerships, targeting healthcare customers in drug discovery, development, and commercialization across regions including North America. Incorporated in 2018 as a demerger from Suven Life Sciences Limited, the company underwent a major acquisition by Advent International, which secured a controlling stake in 2024 followed by debt financing for further consolidation; it completed a 56% equity acquisition in NJ Bio Inc. for $64.4 million on December 28, 2024, including a $15 million primary infusion to bolster biopharmaceutical capabilities in antibody-drug conjugates (ADCs) and targeted therapeutics manufacturing in Princeton, New Jersey. In May 2025, the company changed its name to Cohance Lifesciences Limited and updated its stock symbol to COHANCE from SUVENPHAR on the National Stock Exchange, reflecting a merger with Advent's portfolio entity Cohance Lifesciences to form a billion-dollar platform focused on APIs and advanced CDMO services; recent developments also include a successful USFDA audit in March 2025 and ongoing expansions in ESG infrastructure, R&D technology platforms, and customer collaborations.