MedAchievers Ivy League Volume 1 - Page 40

THE BUSINESS MODEL The purpose of business at HLL is 'to provide high quality products and services at affordable price'. HLL Lifecare Limited(HLL) is a 50-year-old Govt. of India Enterprise, under the Ministry of Health & Family Welfare. HLL was incorporated in 1966 to produce contraceptives to support Government's family planning programme. As a condom-manufacturing company, HLL started small, but dreamed big. Over the last 2 decades, HLL has transformed – from a Condom company to a Contraceptive company to a Healthcare delivery company. While focusing and expanding the core areas i.e. reproductive healthcare, HLL diversi�ed into other healthcare segments like hospital products, hospital infrastructure management, medical equipment procurement consultancy, diagnostic services etc. Today HLL is a group of seven companies, with 7 state-of-the art manufacturing facilities and 22 regional of�ces spread across India. It also has global presence in 115 countries. Last 10 years, HLL witnessed rapid business growth in terms of revenue and pro�tability of operations with a CAGR of 19.21%. HLL GROUP COMPANIES: HLL Lifecare Ltd (HLL)– Parent Company: only company in the world that offers anything and everything in birth control solutions. The uniqueness of HLL is that it is the only contraceptive company in the world capable of offering a wide range of contraceptive products – Condoms (male and female), Intra Uterine Devices (Cu-T IUD and Hormonal IUD), Tubal rings, Oral contraceptive Pills (Hormonal, Nonhormonal, Emergency Pills) and Healthcare products like Blood collection Bags, Surgical Sutures, Rapid Diagnostics Kits, and pharma products including generic drugs. HLL's product range for women health includes, contraceptives, ovulation inducers, anti-emetics, menstrual cycle regulators, anti-�brinolytics, MTP pills, pregnancy test kits, Diagnostic kits, natural products and vaccines. In addition to all this, HLL also offers a wide range of clinical and pathlabs, diagnostic services, pharmacies selling reliable medicines, devices and implements at high discounts, vending machines to dispense consumer goods including condoms, sanitary napkins, medicated plasters and oral rehydration salts. HLL Biotech Ltd (HBL):100% subsidiary of HLL for production of vaccines for the National Immunization Programme and new generation vaccines with an investment of INR 594 Crores. Govt. of India has declared this project as a project of NATIONAL IMPORTANCE since HBL will ensure uninterrupted supply of vaccines for the Universal Immunisation Program (UIP) at affordable prices. The facility is being established at Chengalpattu, near Chennai, in Tamil Nadu. HBL, with an annual capacity of 585 million d o s e s , w i l l m a n u f a c t u r e P e n t a v a l e n t combination (DPT plus Hep B plus Hib), BCG, Measles, Hepatitis B, Human Rabies, Hib and Japanese Encephalitis (JE) vaccines in the �rst phase. HBL also seeks to develop a strong R&D base for development of futuristic vaccines, apart from manufacturing and supplying vaccines required for the UIP of India. HINDUSTAN LATEX FAMILY PLANNING PROMOTION TRUST (HLFPPT):A not-forpro�t organization of HLL into implementation of Reproductive and Child Health, HIV AIDS Prevention, Care and Support Programmes. This trust is actively involved in various programmes – Reproductive and Child Health (RCH) encompassing Maternal and Child Health, Family Planning and HIV/AIDS prevention and Control in the states of Bihar, Orissa, Madhya Pradesh, Rajasthan, and Uttar Pradesh. HLFPPT works through social marketing, community participation/ mobilization, advocacy and networking, evidence-based Programme design, training and capacity building, knowledge management, monitoring and evaluation, research and establishing best practices and models for scale-up. LifeSpring Hospitals: With the aim to provide digni�ed maternal healthcare at affordable costs to low-income mothers across India Life Spring hospitals were formed. It proved as an alternative to constrained government hospitals and expensive private hospital care. It seeks to lessen the burden of rising health costs on the nation's low-income communities thereby increasing their disposable income. Life Spring is 50/50 joint venture between HLL and Acumen Fund Inc., USA. Maternity Care Hospitals in Hyderabad with Prices, 30 – 40 per cent lower than the market prices in private sector. Setting up Life Spring Hospitals (as a cluster) in different districts across India would help to increase the institutional deliveries thereby reducing maternal and infant mortality rates, thus achieving Millennium Development Goals (MDG) Goa Antibiotics and Pharmaceuticals Limited ( G A P L ) – s u b s i d i a r y o f H L L – i n t o Pharmaceutical Manufacturing. GAPL is a stateof-the-art facility conforming to cGMP standards and has the capacity to manufacture high quality; affordable generic drugs as per Govt. of India 'essential drug list' and can partner with Govt. of India's ambitious healthcare programme on 'universal health coverage'. HLL Infratech Services Limited (HITES): Formed in the year 2014 HITES is a 100% subsidiary company of HLL. HITES is specialised for infrastructure development and procurement of medical equipment and devices in healthcare sector. HITES provides services in design, engineering and execution of construction projects. With expertise in varied �elds such as project and construction management, procurement, engineering (civil, electrical, electronics, instrumentation, mechanical and bio-medical), �nancial management, contract management, facility management and legal services, the team steers customers' need of creating state-of-the-art healthcare facilities. HITES is in a position to play an important role to establish affordable healthcare delivery system in India. HLL Management Academy (HMA) was established with the objective of imparting training and educational programs in different areas of Healthcare sector. The mission of the HMA is to become a center of excellence in providing learning, research, training and consultancy in specialized areas in the Healthcare sector. HLL Medipark Ltd ; A fully owned subsidiary of HLL was established to reduce the cost of medical devices. Major component of Health service cost is the cost of medical devices in India. 70% of Medical devices are imported at present at a very high cost due to lack of proper manufacturing facilities with common infra structure and knowledge base in India. To address this issue by indigenous manufacture to deliver the same at affordable price to all sections of public, a state of the art manufacturing hub of medical devices is being set up at Chengalpattu in Tamil Nadu on a 330 acres of land. This facility being important for reducing heath delivery costs, saving foreign exchange and employment generation for healthy India, is proposed to be Project of national Importance by Govt of India and would be the pride of HLL. KNOW US KEY ACHIEVEMENTS HLL's quality policy ensures delivering value to customers on time, every time. Management System Certification · ISO 9001:2008 · ISO 13485: 2003. · ISO 14001:2004 · OHSAS 18001:2007 · ISO 50001:2011 · NABL accreditation for �nished products testing laboratory at P e r o o r k a d a U n i t , Thiruvananthapuram in accordance with ISO 17025:2005. · NABL (National Accreditation Board f o r Te s t i n g a n d C a l i b r a t i o n Laboratories) accreditation for medical testing at HINDLABS, New Delhi in accordance with ISO 15189:2012. Product Certifications · CE mark for Male & Female Condoms, Blood Bags, IUD (Copper T), Surgical Sutures and Pregnancy Test Cards · KITE mark (UK), · CMD CAS (Canada), · NF mark (France), · SABS Mark (South Africa), · 510K Registration (USA). CHAMBER OF SECRETS Innovation. That is the driving force behind every, effort and action in HLL. With a series of products and services in its basket, HLL is everyday a step closer to its Motto of Innovating for Healthy Generations. In the year 2013, HLL has built a world-class R&D center at Thiruvananthapuram for research in Reproductive Health. What makes HLL different from other Corporates is its focus on R&D efforts to offer innovative products to humanity. With a series of innovative products, all these had one aim – to make available to the public high-quality products and services at affordable price. THE BUSINESS MODEL The purpose of business at HLL is 'to provide high quality products and services at affordable price'. HLL Lifecare Limited(HLL) is a 50-year-old Govt. of India Enterprise, under the Ministry of Health & Family Welfare. HLL was incorporated in 1966 to produce contraceptives to support Government's family planning programme. As a condom-manufacturing company, HLL started small, but dreamed big. Over the last 2 decades, HLL has transformed – from a Condom company to a Contraceptive company to a Healthcare delivery company. While focusing and expanding the core areas i.e. reproductive healthcare, HLL diversied into other healthcare segments like hospital products, hospital infrastructure management, medical equipment procurement consultancy, diagnostic services etc. Today HLL is a group of seven companies, with 7 state-of-the art manufacturing facilities and 22 regional ofces spread across India. It also has global presence in 115 countries. Last 10 years, HLL witnessed rapid business growth in terms of revenue and protability of operations with a CAGR of 19.21%. HLL GROUP COMPANIES: HLL Lifecare Ltd (HLL)– Parent Company: only company in the world that offers anything and everything in birth control solutions. The uniqueness of HLL is that it is the only contraceptive company in the world capable of offering a wide range of contraceptive products – Condoms (male and female), Intra Uterine Devices (Cu-T IUD and Hormonal IUD), Tubal rings, Oral contraceptive Pills (Hormonal, Nonhormonal, Emergency Pills) and Healthcare products like Blood collection Bags, Surgical Sutures, Rapid Diagnostics Kits, and pharma products including generic drugs. HLL's product range for women health includes, contraceptives, ovulation inducers, anti-emetics, menstrual cycle regulators, anti-brinolytics, MTP pills, pregnancy test kits, Diagnostic kits, natural products and vaccines. In addition to all this, HLL also offers a wide range of clinical and pathlabs, diagnostic services, pharmacies selling reliable medicines, devices and implements at high discounts, vending machines to dispense consumer goods including condoms, sanitary napkins, medicated plasters and oral rehydration salts. HLL Biotech Ltd (HBL):100% subsidiary of HLL for production of vaccines for the National Immunization Programme and new generation vaccines with an investment of INR 594 Crores. 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