Template:Infobox company
HLL Lifecare Limited (formerly Hindustan Latex Limited) (HLL) is an Indian healthcare product manufacturing company based in Thiruvananthapuram, Kerala, India.[1] 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.[2] 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.[3] 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.[4]
History
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.[5][6][7][8]
In February 2014, HLL acquired 74% Equity in Goa Antibiotics and Pharmaceuticals Ltd.[9]
HLL Divestment Bid
On 8 January 2018, the Government of India approved the privatisation of HLL Lifecare.[10] But the Ministry of Health and Family Welfare and the Government of Kerala has opposed the Union Government's plan for disinvestment of HLL Lifecare Limited.[11][12]
See also
References
- ↑ HLL Lifecare - Home. www.lifecarehll.com. Retrieved 2019-02-22.
- ↑ Hindustan Latex is world's largest condom producer Financial Express, 24 November 2007.
- ↑ HLL Lifecare to launch chikungunya, dengue diagonstic kits. The Times Of India(2012-08-08).
- ↑ Govt opens AMRIT pharmacy at AIIMS to sell cancer drugs at 60-90 per cent discount. International Business Times(16 November 2015). Retrieved 24 April 2018.
- ↑ LifeSpring Hospitals. Acumen Fund website.
- ↑ Current Investors. LifeSpring website.
- ↑ How services firms in India are using disruptive innovation. Mint(3 February 2011).
- ↑ HLL Case Study. siteresources.worldbank.
- ↑ HLL Lifecare acquires 74% Stake in Goa Antibiotics Ltd. news.biharprabha.com. Retrieved 25 February 2014.
- ↑ Government begins process to sell stake in three firms. The New Indian Express. Retrieved 2021-03-23.
- ↑ Health ministry opposes govt plan to privatise HLL. The Indian Express(2017-07-31). Retrieved 2019-02-22.
- ↑ Kerala wants Centre to drop HLL Life Care privatisation. Deccan Chronicle(2018-03-20). Retrieved 2019-02-22.
External links
Template:Health in Kerala Template:Public Sector Undertakings in India
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