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Home Corporate Social Responsibility

CORONA Remedies Marks 20 Years with Rs. 25 Crore CSR Commitment

India CSR by India CSR
December 24, 2024
in Corporate Social Responsibility
Reading Time: 2 mins read
Dr Kirtikumar L Mehta, Chairman, CORONA Remedies

Dr Kirtikumar L Mehta, Chairman, CORONA Remedies at the 20th Anniversary Celebration of the company

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With its pledge of Rs. 25 crore for CSR initiatives, CORONA Remedies is setting new benchmarks in healthcare and community development.

NEW DELHI (India CSR): CORONA Remedies Limited, one of India’s fastest-growing pharmaceutical companies, marked its 20th anniversary with a pledge of Rs. 25 crore towards Corporate Social Responsibility (CSR) initiatives over the next five years. This announcement reflects the company’s dedication to improving healthcare access and driving positive social change.

“We are proud to mark 20 years of serving healthcare needs with a renewed focus on societal well-being,” said Dr. Kirtikumar Mehta, Chairperson, CORONA Remedies. “This Rs. 25 crore commitment underscores our vision of delivering quality medicines while creating a meaningful impact on the communities we serve.”

Supporting Communities Across Gujarat and Maharashtra

As part of its anniversary, CORONA Remedies extended support to 20 NGOs across Gujarat and Maharashtra. These organizations received substantial contributions to further their efforts in community service. Beneficiaries included Jivan Dhara Old Age Home in Ahmedabad, Manav Jyot Public Charitable Trust in Mumbai, and Shree Pragnachakshu Mahila Seva Kunj in Surendranagar.

This initiative highlights CORONA Remedies’ commitment to fostering equitable growth and engaging with communities to build a brighter future.

A Journey of Growth and Impact

Founded in 2004, CORONA Remedies has grown into a leading pharmaceutical company with over 65 brands spanning Cardiology, Diabetology, Neurology, Pain Management, and Women’s Healthcare. The company achieved key milestones, crossing ₹100 crore in revenue in 2013 and reaching Rs. 1,322 crore by November 2024, as per Pharmatrac MAT.

Driving Sustainability and Social Change

CORONA Remedies is a leader in sustainable corporate practices. The company maintains zero carbon emissions and is expanding its solar capacity to increase renewable energy usage. Over the years, it has hosted blood donation drives, contributing 1,350 units of blood and earning the “Gujarat Nu Gaurav” award.

CORONA also supports emerging sports talents, conducts health awareness programs, and engages in extensive community service. Its robust governance ensures product quality and transparency, leveraging advanced technologies to prevent counterfeiting.

(India CSR)

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