Our Company was originally incorporated as ÂCORONA Remedies Private LimitedÂ, a private limited company, under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 27, 2004, issued by the Assistant Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Thereafter, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders on October 24, 2024, and consequently, the name of our Company was changed to ÂCORONA Remedies LimitedÂ. A fresh certificate of incorporation, upon conversion of our Company to a public limited company was issued by the Registrar of Companies, Central Processing Centre, Manesar, Haryana on December 16, 2024.
Major events and milestones:
2004
- Launch of first division, later named as ÂPioneer division in 2010
2005
- Launch of division (multispeciality): Xemx
2007
- Commencement of production at the first manufacturing plant at Solan, Himachal Pradesh
2008
- Launch of division (gynaecology): Aarush
2013
- Launch of division (cardioloy): Wellness
2016
- Purchased the trademarks ÂStelbid and ÂVitneurin from Glaxo Group Limited
- Purchased the trademarks "Dilo DX" and "Dilo-BM" from GlaxoSmithKline Pharmaceuticals Limited
2018
- Launch of division (cardiovascular diseases): Aura and (gynaecology): Solis
- Acquired the trademarks ÂObimetÂ, ÂObimet-GXÂ, ÂObimet SRÂ, ÂObimet-V ÂTriobimet and ÂThyrocab (within India) from Abbott India Limited
2020
- Entered into a strategic alliance with La Chandra Pharmalab Private Limited
2021
- Commencement of production at the manufacturing plant at Ahmedabad, Gujarat
2022
- Launch of division (cardiovascular diseases): Radiance and (gynaecology): Solaris
2023
- Launch of division (urology): Blaze
- Purchased the trademark ÂMyoril (in India) from Sanofi Healthcare India Private Limited
- Received EU GMP accreditation for the manufacturing plant at Ahmedabad, Gujarat
2025
-Acquisition of 7 trademarks from Bayer Zydus Pharma Ltd.