The Rise and Fall of Core Parenterals – India’s IV Fluid Pioneer

Background

Core Healthcare Ltd., popularly known as Core Parenterals, was incorporated in 1986 and began commercial production in 1988. It revolutionized the Indian intravenous (IV) fluid market by introducing Form-Fill-Seal (FFS) technology, replacing traditional glass bottles with pharma-grade polyethylene bottles. This innovation reshaped the industry, setting new standards for quality and manufacturing efficiency.

By 2002, Core Healthcare was producing nearly 1 billion IV fluid bottles annually, becoming Asia’s largest IV fluid producer. Its growth trajectory was meteoric and inspiring, positioning it as an icon of Indian pharmaceutical innovation.