HLL Lifecare Limited (formerly Hindustan Latex Limited) (HLL) is an Indian

healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health prof ...

product

manufacturing company Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a r ...

based in

Thiruvananthapuram Thiruvananthapuram (; ), also known by its former name Trivandrum (), is the capital of the Indian state of Kerala. It is the most populous city in Kerala with a population of 957,730 as of 2011. The encompassing urban agglomeration populati ...

Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South Canar ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. A

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

-owned corporation ( Public-sector undertaking).

Products

It produces health care products, including: condoms, contraceptive pills,

IUDs An intrauterine device (IUD), also known as intrauterine contraceptive device (IUCD or ICD) or coil, is a small, often T-shaped birth control device that is inserted into the uterus to prevent pregnancy. IUDs are one form of long-acting reversi ...

surgical suture A surgical suture, also known as a stitch or stitches, is a medical device used to hold body tissues together and approximate wound edges after an injury or surgery. Application generally involves using a needle with an attached length of threa ...

s, blood bags and Pharma products. One of HLL's contraceptive products is

ormeloxifene Ormeloxifene, also known as centchroman, is one of the selective estrogen receptor modulators, or SERMs, a class of medication which acts on the estrogen receptor. It is best known as a nonsteroidal oral contraceptive which is taken once per w ...

, branded as '' Saheli'', the world’s first and only oral non-hormonal, non-steroidal

oral contraceptive Oral contraceptives, abbreviated OCPs, also known as birth control pills, are medications taken by mouth for the purpose of birth control. Female Two types of female oral contraceptive pill, taken once per day, are widely available: * The combin ...

, taken as a weekly pill. In 2012, HLL announced a

polymerase A polymerase is an enzyme ( EC 2.7.7.6/7/19/48/49) that synthesizes long chains of polymers or nucleic acids. DNA polymerase and RNA polymerase are used to assemble DNA and RNA molecules, respectively, by copying a DNA template strand using bas ...

chain reaction based duplex test kit for

chikungunya Chikungunya is an infection caused by the ''Chikungunya virus'' (CHIKV). Symptoms include fever and joint pains. These typically occur two to twelve days after exposure. Other symptoms may include headache, muscle pain, joint swelling, and a ras ...

and

dengue fever Dengue fever is a mosquito-borne tropical disease caused by the dengue virus. Symptoms typically begin three to fourteen days after infection. These may include a high fever, headache, vomiting, muscle and joint pains, and a characteristic ...

tests in collaboration with the

Rajiv Gandhi Centre for Biotechnology Rajiv Gandhi Centre for Biotechnology is a research institute in India, exclusive devoted to research in Molecular Biology and Biotechnology. It is located at Thiruvananthapuram (Trivandrum), the capital city of the state of Kerala in India. Th ...

Trivandrum Thiruvananthapuram (; ), also known by its former name Trivandrum (), is the capital of the Indian state of Kerala. It is the most populous city in Kerala with a population of 957,730 as of 2011. The encompassing urban agglomeration populatio ...

. In December 2015, they have tied up with the

in setting up Amrit pharmacies across India for providing cheaper medicines for Cancer and Cardiovascular disorders. The name Amrit stands for Affordable Medicines and Reliable Implants for Treatment.

History

In 2005, HLL established LifeSpring Hospitals, a 50-50

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access ...

with the Acumen Fund, a U.S.-based

nonprofit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

global venture

philanthropy Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...

fund, to provide low-cost maternity services, starting at

Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern India. ...

. Today it has nine hospitals across

Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...

state. In February 2014, HLL acquired 74% Equity in Goa Antibiotics and Pharmaceuticals Ltd. HLL has its head office in

and factories in 7 locations across India. Four of the factories were built in Kerala, such as

Peroorkada Peroorkada is a suburb of Thiruvananthapuram in the state of Kerala, India. Amenities The locality expanded since the mid-1980s, when many Gulf-returning Malayalis The Malayali people () (also spelt Malayalee and also known by the demonym ...

, Aakkulam, Kakkanad and Irapuram. The rest 3 factories are in

Belgaum Belgaum (ISO: ''Bēḷagāma''; also Belgaon and officially known as Belagavi) is a city in the Indian state of Karnataka located in its northern part along the Western Ghats. It is the administrative headquarters of the eponymous Belagavi ...

Manesar Manesar is a town and municipal corporation, know new Gurugram City in the Gurugram district of the state of Haryana, India and a part of the National Capital Region (NCR) of Delhi. It is an industrial hub. Its proximity to the burgeoning cit ...

, and

Indore Indore () is the largest and most populous city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to ...

. HLL currently has 220 pathology labs, 47 imaging centres and 6 labs under the brand name Hindlabs. It runs a total of 253 pharmacies across India. HLL runs a subsidiary with the name of HLL Infra Tech Services Ltd. In 2020-21 the company reported a turnover of ₹5,081 crore. In 2022 due to growing cases of stroke, the cabinet gave permission to have a collaboration with HLL Lifecare to build a hub and spoke model at various primary health centres (PHCs) for the required treatment.

HLL Divestment Bid

On 8 January 2018, the

approved the

privatisation Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

of HLL Lifecare. But the

Ministry of Health and Family Welfare The Ministry of Health and Family Welfare is an Indian government ministry charged with health policy in India. It is also responsible for all government programs relating to family planning in India. The Minister of Health and Family Welfar ...

and the

Government of Kerala Government of Kerala is the subnational government of the Indian state of Kerala. The government is led by a chief minister, who selects all the other ministers. The chief minister and their most senior ministers belong to the supreme decision ...

has opposed the

Union Government The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...

's plan for

disinvestment Disinvestment refers to the use of a concerted economic boycott to pressure a government, industry, or company towards a change in policy, or in the case of governments, even regime change. The term was first used in the 1980s, most commonly in ...

of HLL Lifecare Limited. In 2021, the Central Government eventually finalized its plans to divest its whole stake in the company which will make it a private company. The Finance Ministry’s Department of Investment and Public Asset Management (DIPAM) on November 14, 2021 revealed a large portion of the company's business comes from central government projects.

References

External links

HLL Lifecare Limited

HLFPPT
Companies based in Thiruvananthapuram Health care companies of India Government-owned companies of India Indian companies established in 1966 Indian brands Health in Kerala Condoms 1966 establishments in Kerala {{kerala-stub

Products

History

HLL Divestment Bid

See also

References

External links