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| CORPORATE STRUCTURE |
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| Manipal AcuNova is a venture promoted by MEMG International India Private Limited and AcuNova Life Sciences Private Limited. |
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| ACUNOVA LIFE SCIENCES INC |
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| The Company has mobilized $10.0 Million through equity and Debt. The promoter group comprise of MEMG International India Private Limited and Acunova Life Sciences Private Limited. The
Venture Capital Investments is represented by ILFS Investment Managers Limited through
Leverage - India fund. |
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| MEMG INTERNATIONAL INDIA PRIVATE LIMITED |
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| MEMG International India Private Limited has completed 53 years of patient care, education and research. Manipal's Medical Schools, Pharmacy School and Biotechnology program are research oriented and ranked amongst the top five in India. Some of the specialized colleges under the banner include medical colleges, dental colleges, and institutions imparting education in Nursing, Allied Health, Pharmacy, Engineering, Management, communication and journalism. All the
healthcare institutions and teaching hospitals have multi-stream facilities covering the entire
spectrum from secondary to super-specialty care. Also, to bring healthcare to the doorstep of people in the villages, community health work outreach camps and clinics have been conducted. |
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| ACUNOVA LIFE SCIENCES PRIVATE LIMITED(ALS) |
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| ALS is a team of professionals having vast and diverse experience in the health care domain. Apart from the skills, ALS brings value through its strategic investments in the Life Sciences space. |
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| ECRON GmbH |
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| ECRON is an European expert CRO for clinical development of medicinal products for human use. Founded in 1985 by Dr. Wiedey and headquartered in Frankfurt, ECRON has conducted trials for submission to European and US authorities. ECRON's studies have been audited by US FDA and by European Regulators. ECRON has direct operations in Germany, Ukraine, Poland, Spain, UK, Italy and Czech Republic and through partners in key countries in Europe. ECRON has built an enviable reputation for quality. |
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| IL & FS (INVESTORS) |
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| IL&FS Investment Managers (IIML) is the private equity investment arm of IL&FS. It is one of India's largest domestic private equity fund management companies, managing over US$ 350 mn on behalf of leading Indian and International institutions. This investment in the Company is made from the Leverage India Fund and IIML envisions its role as a catalyst to bridge the gap between ideas and markets. IIML presently manages an array of funds focused on investments across industries including Life Sciences. |