Laurus Labs Pvt Ltd

Company Name:Laurus Labs Pvt Ltd
OldName:
Group :
Address:Corp Office
Serene Chambers, Road No 7,
Banjara Hills
City:Hyderabad 500034 Rangareddy Telangana
Tel:040 3980 4333 /6659 4333
Fax:040 3980 4320
Mktg-Email :
HR-Email :
Purchase-Email :
Brands Owned :

About the Company :

Incorporated in September 2005, Larus Labs Ltd is promoted by Dr C Satyanarayana, now Chief Executive Officer (CEO) of the company. In FY08, the company entered into a strategic partnership with Aptuit (Singapore) P Ltd. (ASPL), subsidiary of Aptuit Inc. a US based drug development Services Company. Consequent to the strategic partnership, the name of the company was changed to Aptuit Laurus P Ltd. effective July 2007.

In February 2012, ASPL sold 32% of its stake in LLL to Fidelity Growth Partners India (FGPI). Consequent to the stake sale, the company has been renamed to Laurus Labs Pvt. Ltd. During October 2014, Warburg Pincus has also acquired part stakes held by Fidelity and a few other promoter associates. Further in August 2016, name of the company is changed to Laurus Labs Limited and subsequently in the month of December 2016, the company got listed on BSE and NSE. The company is primarily engaged in research and development with a strong presence in anti-retroviral (ARV), oncology and hepatitis therapeutic segments. The company is also into manufacturing of APIs in Oncology and other therapeutic segments and is one of the leading suppliers of APIs in the ARV therapeutic segment. Headquartered in Hyderabad, Telangana, the company has manufacturing facilities in Visakhapatnam, Andhra Pradesh and R&D centre in Hyderabad, Telangana. LLL has acquired 100% stake in one of the group companies, Sriam Labs Limited (SLL) as on November 01, 2016 at a consideration price of Rs. 20.99 crore.

In October 2017, the company is planning to invest Rs. 3000 million to set up facilities to manufacture formulations at its Vizag plant


 

Personnel
Satyanarayana Chava– CEO
V V Ravi Kumar– CFO

Other Office Address
Plant Plot No:21, JN Pharma City, Parawada, Visakhapatinam 531021 Visakhapatnam Andhra Pradesh Tel: 0891 306 1222 /660 1222 Fax: 0891 3061270
Plant Plot No:19,20,21; APSEZ, Gurajapalem, Atchutapuram, Visakhapatinam 531011 Visakhapatnam Andhra Pradesh Tel: 0891-3072100 Fax: 0891-3072102
Plant Plot No 25, Lalamkoduru, Atchutapuram, Visakhapatinam 531011 Visakhapatnam Andhra Pradesh
Corp Office Serene Chambers, Road No 7, Banjara Hills Hyderabad 500034 Rangareddy Telangana 040 3980 4333 /6659 4333 040 3980 4320

 

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