Divi's Laboratories Limited is an Indian multinational

pharmaceutical Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

company and producer of

active pharmaceutical ingredients An active ingredient is any ingredient that provides biologically active or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the body of humans or animals. ...

(APIs) and intermediates, headquartered in

Hyderabad Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...

. The company manufactures and custom synthesizes generic APIs, intermediates. The company also manufactures and supplies

nutraceutical Nutraceutical is a terminology evolved scientifically & also through marketing which is used to imply a pharmaceutical effect from plant extracts, compounds, food products which have efficacy and therapeutic influence on clinical outcomes and patien ...

ingredients through its subsidiary, Divi's Nutraceuticals. Divi's Laboratories is India's fourth largest publicly listed

company by

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

History

The company initially started developing commercial processes for the manufacturing of APIs and intermediates. Divi's Research Centre changed its name to Divi's Laboratories Limited in 1994 to signal its intent to enter the API and intermediates manufacturing industry. Following this, the company established its first Manufacturing facility in 1995 at

Choutuppal Choutuppal is a census town in Yadadri Bhuvanagiri district of the Indian state of Telangana. It is located in Choutuppal mandal of Choutuppal division. Its part of Hyderabad Metropolitan Development Authority. 49 km from Hyderabad. Demogr ...

Telangana Telangana is a States and union territories of India, state in India situated in the Southern India, south-central part of the Indian subcontinent on the high Deccan Plateau. It is the List of states and union territories of India by area, ele ...

. In 2002, the company's second manufacturing facility commenced operations at Chippada near

Visakhapatnam Visakhapatnam (; List of renamed places in India, formerly known as Vizagapatam, and also referred to as Vizag, Visakha, and Waltair) is the largest and most populous metropolitan city in the States and union territories of India, Indian stat ...

. The company went public with its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

(IPO) on 17 February 2003. In 2010, the company established a research centre in

Facilities

The company has three manufacturing facilities and three R&D centres across India:

Manufacturing

Unit - Lingojigudem village, Choutuppal mandal,

Yadadri Bhuvanagiri Yadadri Bhuvanagiri district is a district in the Indian state of Telangana. The administrative headquarters is located at Bhuvanagiri which is also known as Bhongiri. The district shares boundaries with Suryapet, Nalgonda, Jangaon, Siddipet, M ...

district,

* DC SEZ Unit - Lingojigudem village, Choutuppal mandal,

district,

* Export Oriented Unit - Chippada village, Bheemunipatnam mandal,

Visakhapatnam district Visakhapatnam district is one of the six districts in the Uttarandhra region of the Indian state of Andhra Pradesh, headquartered at Visakhapatnam. It is one of the twenty-six districts in Andhra Pradesh state. The district shares borders wi ...

Andhra Pradesh Andhra Pradesh (ISO 15919, ISO: , , AP) is a States and union territories of India, state on the East Coast of India, east coast of southern India. It is the List of states and union territories of India by area, seventh-largest state and th ...

* Divi's Pharma SEZ Unit - Chippada village, Bheemunipatnam mandal,

* DSN SEZ Unit - Chippada village, Bheemunipatnam mandal,

* DCV SEZ Unit - Chippada village, Bheemunipatnam mandal,

References

{{Authority control Pharmaceutical companies of India Pharmaceutical companies established in 1990 Indian companies established in 1990 Manufacturing companies based in Hyderabad, India 1990 establishments in Andhra Pradesh Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange