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Suven Life Sciences Ltd

NSE: SUVEN BSE: 530239

₹210.18

(7.19%)

Wed, 22 Apr 2026, 07:05 am

Company History

1989

  • Suven Pharmaceuticals Limited was promoted by Mr. Jasti Venkateswarlu and Mrs. Jasti Sudha Rani.
  • The company was incorporated as a Private Limited Company in the state of Andhra Pradesh.

1995

  • The company was converted into a Public Limited Company.

2000

  • The company entered into an agreement with NSDL and CDSL for dematerialisation of shares.
  • The company bagged export orders of Rs 21 cr.

2001

  • Borregaard Industries Ltd, Norway, acquired a 15 percent stake in the company.

2002

  • An accident occurred at the company's Suryapet Unit.
  • Pfizer Ltd and Suven Pharmaceuticals Ltd tied up with the Bombay College of Pharmacy to set up an academy for clinical excellence.

2003

  • Borregaard Industries Ltd offloaded its entire 17.05 percent stake in Suven Life Sciences.
  • Suven Life Sciences USA LLC acquired Synthon Chiragenics Corporation, New Jersey, USA.

2004

  • Suven Life Sciences informed the stock exchanges that its shareholders approved the sub-division of equity shares into a face value of Rs 2 each.
  • Suven Life Sciences' board of directors approved a preferential shares issue.
  • Suven Life Sciences allotted 30 lakh equity shares of face value of Rs 2 each on a preferential basis to four investors.
  • Two units of Suven Life got ISO confirmation.

2007

  • The European Patent Office granted two patents to Suven, valid until June 2022.
  • The company issued bonus shares in the ratio of 1:1.
  • The company split its face value from Rs2 to Rs1.

2009

  • Suven Life Sciences secured two U.S. patents relating to new chemical entities for treatment of disorders associated with neurodegenerative diseases.
  • Suven Life Sciences announced that the European Patent Office issued 3 new patents for NCEs for the treatment of disorders associated with neurodegenerative diseases.

2010

  • Suven secured two product patents in China and Russia.
  • Suven Life Sciences secured a 5th Product Patent from the US patent office for their NCE to treat Central Nervous System.
  • Suven Life Sciences bagged the eighth product patent from the European Patent Office for their NCE to treat Central Nervous System disorders.
  • Suven Life Sciences secured three Australian patents on NCEs.
  • Suven got two patents from the Japanese Patent Office for NCEs.

2011

  • Suven's Unit-III received US FDA acceptance.
  • Suven Life Sciences secured 7 Product Patents for their NCEs in several key markets.
  • Suven Life Sciences bagged the 'Bio-Excellence Award' at Bangalore India Bio 2011.
  • Suven Life Sciences secured 2 Product Patents for their NCEs in key markets.
  • Suven Life Sciences bagged Pharmexcil's 'Gold Patent Award'.

2012

  • Suven Life Sciences secured 3 Product Patents for their NCEs in Mexico and USA.
  • Suven Life Sciences got 4 Product Patents in Japan, Australia, Europe and Eurasia.
  • Suven Life Sciences bagged Pharmexcil's 'Platinum Patent Award'.
  • Suven Life Sciences secured 5 Product Patents for their NCEs in China and Korea.

2013

  • Suven Life Sciences bagged 4 Product Patents for their NCEs in China, Mexico and New Zealand.
  • Suven Life secured three Product Patents for their NCEs in Canada and Eurasia.
  • Suven Life secured two Product Patents for their NCEs in Europe.
  • The company recommended a dividend of 30 paisa per equity share of face value of Re. 1.

2014

  • Suven's Pashamylaram unit received US FDA acceptance.
  • Suven Life Sciences bagged Pharmexcil's 'Gold Patent Award' for NCEs and 'Outstanding Export Performance Award' for Contract Research and Manufacturing.
  • Suven Life Sciences was awarded Forbes Asia's 'Best Under A Billion' Award.

2015

  • Suven initiated Multiple Ascending Dose studies in Phase 1 clinical Trial for their investigational compound SUVN-G3031.
  • Suven Life Sciences bagged Pharmexcil's Gold Patent Award.

2016

  • Suven Life Sciences got a product patent for NCEs.
  • Suven Life Sciences secured two Product Patents in Europe and Israel.

2017

  • Suven Life Sciences secured Product Patents in Canada and India.
  • Suven Life Sciences secured Product Patents in Eurasia and Norway.
  • Suven bags product patent for treatment of neuro diseases.

2018

  • Suven Life Sciences secured Product Patents in Brazil and Eurasia.
  • Suven Life Sciences secured Product Patents in Australia and Hong Kong.

2019

  • Suven completed the purchase of assets of Rising Pharmaceuticals through its joint venture partner, Shore Suven Pharma Inc.
  • Suven Life Sciences secured Product Patents in Australia and Singapore.

2022

  • The company issued rights shares of Rs. 1 in the ratio of 1:2 at a premium of Rs. 54 per share.

2023

  • Suven completed enrollment of patients to the phase-2 clinical study of SUVN-G3031 in US and Canada.

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