Supriya Ghosh (Editor)

HLL Lifecare

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Type
  
Public

Headquarters
  
Thiruvananthapuram

Industry
  
Health Care

Founded
  
1966, Thiruvananthapuram


Key people
  
Dr. M. Ayyappan, Chairman & Managing Director

Products
  
Condoms Hormonal contraception Surgical Equipment

Revenue
  
INR 1059 crores (FY 2014-2015 provisional)

Net income
  
INR 42 crores provisional

Motto
  
"Innovating for Healthy Generations"

Profiles

Hll lifecare ltd


HLL Lifecare Limited (formerly Hindustan Latex Limited) (HLL) is an Indian healthcare products manufacturing company based in Thiruvananthapuram, Kerala, India. A Government of India-owned corporation (Public-sector undertaking).

Contents

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Products

It produces health care products, including: condoms,contraceptive pills, IUDs, surgical sutures,blood bags and Pharma products . One of HLL's contraceptive products is ormeloxifene, branded as Saheli, the world’s first and only oral non-hormonal, non-steroidal oral contraceptive, taken as a weekly pill. In 2012, HLL announced a polymerase chain reaction based duplex test kit for chikungunya and dengue fever tests in collaboration with the Rajiv Gandhi Centre for Biotechnology, Trivandrum. In December 2015, they have tied up with the Government of India in setting up Amrit pharmacies across India for providing cheaper medicines for Cancer and Cardiovascular disorders.

History

Earlier Hindustan Lever Limited, had the acronym HLL, but Hindustan Lever Limited changed their name to Hindustan Unilever Limited with acronym as HUL.

In 2005, HLL established LifeSpring Hospitals, a 50-50 joint venture with the Acumen Fund, a U.S.-based nonprofit global venture philanthropy fund, to provide low-cost maternity services, starting at Hyderabad. Today it has nine hospitals across Andhra Pradesh state.

In February 2014, HLL acquired 74% Equity in Goa Antibiotics and Pharmaceuticals Ltd.

References

HLL Lifecare Wikipedia