Divi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients (APIs) and intermediates, headquartered in Hyderabad. The company manufactures and custom synthesizes generic APIs, intermediates. The company also manufactures and supplies nutraceutical ingredients through its subsidiary, Divi's Nutraceuticals. Divi's Laboratories is India's fourth largest publicly-listed pharmaceutical company by market capitalization.
History
Divi's Laboratories was established in 1990 as Divi's Research Centre. 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, Telangana. In 2002, the company's second manufacturing facility commenced operations at Chippada near Visakhapatnam.
The company went public with its initial public offering (IPO) on 17 February 2003. In 2010, the company established a research centre in Hyderabad.
Products and services
Active pharmaceutical ingredients (APIs) and intermediates
Divi's Laboratories has between 60-85% global market share in generic naproxen, dextromethorphan and gabapentin APIs. The company currently has between 20-30% global market share in pregabalin and methylamine APIs. The company's API production is backwards integrated.
Custom synthesis
Divi's Laboratories custom synthesis division provides contract development and manufacturing (CDMO) services and contract research and manufacturing services (CRAMS). The company's clients include 6 of the top 10 largest multinational pharmaceutical companies.
Nutraceuticals
Divi’s Nutraceuticals is a subsidiary of Divi's Laboratories, and manufacturers and supplies over 80 forms of carotenoids and vitamins. Divi’s Nutraceuticals was founded in 2006 as a subsidiary of Divi’s Laboratories.
Facilities
The company has three manufacturing facilities and three R&D centres across India:
Manufacturing
Choutuppal Unit - Lingojigudem village, Choutuppal mandal, Yadadri Bhuvanagiri district, Telangana DC SEZ Unit - Lingojigudem village, Choutuppal mandal, Yadadri Bhuvanagiri district, Telangana Export Oriented Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh Divi's Pharma SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh DSN SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh DCV SEZ Unit - Chippada village, Bheemunipatnam mandal, Visakhapatnam district, Andhra Pradesh