Avesthagen becomes Avesthagen Limited

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Bangalore, Jan 2 (UNI) Avesthagen, leading knowledge based Life Sciences Company, has become a Limited company following an approval from the Registrar of Companies.

Avesthagen Ltd began its business operations in 2001 as an innovation model which is focused on partnering to achieve a broad spectrum play leading to convergence of food, pharma and population genetics across the life-science space, a press release said here today.

Avesthagen Limited is moving towards achieving a Predictive Preventive Personalised Healthcare model through its four strategic business units -- bioPharmaceuticals, bioNutrition, bioAgriculture and Science and Innovation. The company's partners include multiple top 10 global companies in each of its fields of research.

Founder and Chief Managing Director, Avesthagen Limited Dr.

Villoo Morawala-Patell said, "Integrity, quality services and transparency in business operations have always been a priority for Avesthagen. The name change is a key milestone in our growth, to broaden our corporate legal status and bring in stringent corporate governance".

She said it also brings transparency in all company's operations and the opportunity for future public participation in wealth creation as well. A public limited status would also help the company to rope in public and institutional investments for future expansion needs, Villoo added.

UNI RM RS GM1558

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