HLL Lifecare
 | |
| Public | |
| Industry | Health Care |
| Founded | 1966, Thiruvananthapuram |
| Headquarters | Thiruvananthapuram, Kerala, India |
Key people |
Dr. M. Ayyappan, Chairman & Managing Director |
| Products |
Condoms Hormonal contraception Surgical Equipment |
| Revenue |
 INR 1059 crores (FY 2014-2015 provisional) |
| INR 42 crores provisional | |
| Website | www.lifecarehll.com |
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).
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.[1] 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.[2] 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. [3]
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.[4][5][6][7]
In February 2014, HLL acquired 74% Equity in Goa Antibiotics and Pharmaceuticals Ltd.[8]
See also
References
- ↑ Hindustan Latex is world's largest condom producer Financial Express, Nov 24, 2007.
- ↑ "HLL Lifecare to launch chikungunya, dengue diagonstic kits". The Times Of India. 2012-08-08.
- ↑ http://www.ibtimes.co.in/govt-opens-amrit-pharmacy-sell-cancer-drugs-60-90-per-cent-discount-654935
- ↑ "LifeSpring Hospitals". Acumen Fund website.
- ↑ "Current Investors". LifeSpring website.
- ↑ "How services firms in India are using disruptive innovation". Mint (newspaper). Feb 3, 2011.
- ↑ "HLL Case Study" (PDF). siteresources.worldbank.
- ↑ "HLL Lifecare acquires 74% Stake in Goa Antibiotics Ltd". IANS. news.biharprabha.com. Retrieved 25 February 2014.
