Brand: Suven Life Sciences
CEO: Venkat Jasti
Founding Date: 1989
About Suven Life Sciences
Suven Life Sciences is a Global Pharma house; concerned with a wide range of medicinal drug discovery and development. Set up in Hyderabad in the year 1989, it works with the vision of catering to the unmet needs of the mental health sector. The private limited company was converted into a public limited firm by 1995.
Run by a set of professional and skilled board members, the company aims to increase the availability of medicinal drugs for mental health purposes; all around the globe.
The board members of Suven Life Sciences are:
- Mr. Venkat Jasti (Chairman & CEO)
- Dr. M.R. Naidu (Director)
- Smt. Sudharani Jasti (Whole-time Director)
- Prof. Seyed E. Hasnain (Director)
- Mr. M. Gopalakrishnan (Director)
- Mr. Santanu Mukherjee (Director)
- Smt. J.A.S. Padmaja (Director)
Insight Into Factual Details Of The Company
The company is listed with the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), as well as the Hyderabad Stock Exchange. This health product manufacturing firm has been recognized by the Department of Scientific & Industrial Research (DSIR), making it a credible firm.
Suven Life Sciences has several other business units to help the parent company, known as Jasti Family Trust. The other business units are Contract Research and Manufacturing Services (CRAMS), Drug Discovery & Development Support Services (DDDSS), and Suven Nishtha Pharma. These companies help to develop and discover more medicinal drugs for the benefit of the mental health sector.
Range Of Products Offered
Suven Life Sciences is a biopharmaceutical company mainly focused on researching, developing, discovering, and commercializing pharmaceutical products. There are innumerable top-notch products that the company deals in, out of which the following are the major categories of the product served by Suven Life Sciences:
- Advanced Intermediates
- Intermediates Active
- Pharmaceutical Ingredients (APIs)
- Stock Chemicals for Disposal
Awards and Achievements
The company has been honored by several awards for its unparalleled services and products. The list of these awards is given below:
- Pharmexcil’s “Gold Patent Award” – 2015
- Best Under A Billion – 2014
- Star Export House – 2014-15
- Outstanding Export Performance Award – 2013-14
- Suven Gold Patent Award – 2013-14
- Tv5 Business Leader Award – 2012
- Platinum Patent Award – 2011 -12
- Bio-Excellence Award – 2011
- Suven Gold Patent Award – 2010 -11
- Star Export House – 2009-14
- Suven Gold Patent Award – 2009-10
- Suven Gold Patent Award – 2008-09
The awards listed above are majorly in the sector of drug discovery, sector of pharmaceutics, sector of bio service, ministry of the commerce industry, along with many others.
Disease Cured By The Company’s Medicine
So far, Suven Life Sciences have two wholly-owned subsidiary companies across the borders and one wholly-owned subsidiary company within India. The company mainly focuses on major drugs dealing with the diseases like ADHD, Huntington, dementia, depression.
Besides these, there are a few other diseases that concern the medicines and drugs of the company. Diseases such as Parkinson’s disease, Obesity, Schizophrenia, and Alzheimer’s disease are a few examples of the same.
The research target the central nervous system, which helps the patients to cure any disease or disorders such as sleeping disorder, depressive disorders, psychiatric disorders, passion, and inflammation, etc.
Environmentally Conscious Efforts By Suven Life Sciences
Suven Life Sciences is environmentally friendly and keeps economic growth and development at the top of its priority list. As a part of society, the company follows the practice of good manufacturing, which results in high-quality medicines along with other health-related products used by the medical staff, dealing with the central nervous system.
Suven Life Sciences recognizes its role as that of a socially and ethically responsible firm. So, they organize various health awareness programs and health checkup camps for the benefit of the neighborhood and community.