Laurus Labs Limited a pharmaceutical and biotechnology company, which develops, manufactures, and sells active pharmaceutical ingredients (APIs), intermediates, and formulations.
Products and Services
Active Pharmaceutical Ingredients (APIs)
The company specializes in the development and manufacture of APIs, which are the essential components of pharmaceutical drugs. The company’s API portfolio includes products used in the treatment of antiretroviral (ARV), oncology, cardiovascular, anti-dia...
Laurus Labs Limited a pharmaceutical and biotechnology company, which develops, manufactures, and sells active pharmaceutical ingredients (APIs), intermediates, and formulations.
Products and Services
Active Pharmaceutical Ingredients (APIs)
The company specializes in the development and manufacture of APIs, which are the essential components of pharmaceutical drugs. The company’s API portfolio includes products used in the treatment of antiretroviral (ARV), oncology, cardiovascular, anti-diabetic, anti-asthmatic, and gastroenterology therapeutic segments. The company’s APIs are developed and manufactured in-house, ensuring high quality and compliance with international regulatory standards.
Formulations
The company’s formulations business involves the development and manufacture of finished dosage forms (FDFs). The company’s formulations are used in various therapeutic areas, including ARV, oncology, cardiovascular, anti-diabetic, anti-asthmatic, and gastroenterology. The company’s formulations are developed using its in-house API expertise, ensuring a seamless integration of its product offerings.
Custom Synthesis and Contract Manufacturing
The company offers custom synthesis and contract manufacturing services to pharmaceutical and biotechnology companies. The company’s expertise in chemical synthesis, process development, and manufacturing enables it to provide high-quality and cost-effective solutions to its clients. The company’s custom synthesis and contract manufacturing services include the development and manufacture of APIs, intermediates, and formulations.
Biotechnology
The company is involved in the development and manufacture of biotechnology products. The company’s biotechnology portfolio includes products used in the treatment of various therapeutic areas, including oncology, cardiovascular, anti-diabetic, anti-asthmatic, and gastroenterology. The biotechnology products are developed using advanced technology and adhere to stringent regulatory standards.
Research and Development
The company places significant emphasis on research and development (R&D) to drive innovation and maintain its competitive edge. The company’s R&D activities are focused on the development of new APIs, formulations, and biotechnology products. The R&D team comprises experienced scientists and researchers who work on cutting-edge technologies and processes.
Geographical Markets
The company serves a broad range of geographical markets in India and internationally.
Customers
The company serves a diverse range of customers in the pharmaceutical and biotechnology sectors. The company’s customer base includes various categories, such as pharmaceutical companies, biotechnology firms, and healthcare organizations.
Government Regulations
The company is subject to a range of government regulations that oversee its pharmaceutical and biotechnology operations. These regulations are designed to ensure the safety, efficacy, and quality of the company’s products, as well as to protect public health and the environment. Key government regulations applicable to the company include:
Drugs (Control) Act, 1950: This act regulates the production, distribution, and pricing of essential drugs in India. It ensures the availability of essential medicines at reasonable prices.
Drugs and Cosmetics Act, 1940 and the Drugs and Cosmetics Rules, 1945: These regulations govern the import, manufacture, distribution, and sale of drugs and cosmetics in India. The company complies with these regulations to ensure the safety and quality of its products.
Narcotic Drugs and Psychotropic Substances Act, 1985: This act regulates the manufacture, possession, sale, and distribution of narcotic drugs and psychotropic substances. The company adheres to this regulation to prevent the misuse of controlled substances.
The Food Safety and Standards Act, 2006: This act establishes standards for the manufacture, storage, distribution, sale, and import of food products to ensure their safety and quality. The company complies with this act for any products that fall under its purview.
The Indian Boilers Act, 1923: This act regulates the design, construction, operation, and maintenance of boilers in India. The company ensures compliance with this act to maintain the safety and efficiency of its boiler operations.
In addition, the company adheres to various industry-specific regulations and guidelines prescribed by regulatory authorities, such as the Securities and Exchange Board of India (SEBI). Key industry regulations applicable to the company include:
The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011: These regulations govern the acquisition of shares and takeovers of listed companies in India. The company complies with these regulations to ensure transparency and fairness in its share acquisition activities.
The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015: These regulations prohibit insider trading and ensure that all investors have equal access to material information. The company adheres to these regulations to maintain market integrity.
The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018: These regulations govern the issuance of securities and the disclosure requirements for listed companies. The company complies with these regulations to ensure transparency and protect investor interests.
The Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021: These regulations govern the issuance of share-based employee benefits and sweat equity shares. The company adheres to these regulations to ensure fair and transparent employee compensation practices.
The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 2018: These regulations govern the activities of registrars and share transfer agents. The company complies with these regulations to ensure efficient and transparent share transfer processes.
Environmental Laws
The company is committed to environmental sustainability and adheres to various environmental laws and regulations to minimize its environmental impact. Key environmental laws applicable to the company include:
Water (Prevention and Control of Pollution) Act: This act regulates the prevention and control of water pollution in India. The company ensures compliance with this act to maintain the quality of water resources and prevent water pollution.
Air (Prevention and Control of Pollution) Act: This act regulates the prevention and control of air pollution in India. The company adheres to this act to maintain air quality and reduce air pollution from its operations.
Environment Protection Act and Rules Thereunder: This act provides the framework for the protection and improvement of the environment in India. The company complies with this act and its associated rules to ensure the sustainability of its operations and minimize its environmental impact.
History
Laurus Labs Limited was founded in 2005. The company was incorporated in 2005.