Lifecare Innovations Private Limited was incorporated on 13th November 2000. As a medical biotechnology company engaged in research, development, manufacturing and marketing of healthcare products, the company specialises in controlled release pharmaceuticals employing an array of technologies of novel drug delivery systems (NDDS).

Dr. Verma is a pioneer in the application of Liposome Technology in the Indian pharmaceutical industry. His distinguished leadership has enabled Lifecare Innovations to launch FUNGISOME™ - India’s first liposomal drug and for this Lifecare Innovations received Technology Day 2004 National Biotechnology Award.

Dr. Jitendra N. Verma is the recipient of the “Scientist of the Year Award for 2005” from the Gian Chand Jain Memorial Foundation for pioneering the development and indigenous production of liposomal products including FUNGISOME™

Lifecare Innovations is the recipient of Technology Day 2004 National Award for Biotechnology in recognition of the indigenous development and production of life-saving drug - FUNGISOME^®.

Two more Liposomal Gel preparations of major API for topical applications PSORISOME^® Gel for the treatment of the dreaded disease Psoriasis and FUNGISOME^® Gel for topical fungal infections and cutaneous leishmaniasis were launched on Technology Day, viz. 11th May 2006. This gives Lifecare Innovations the distinction of being the only company in the world with multiple liposomal pharmaceuticals. Both these wonder drugs are now available to patients for the first time ever in the world.

Lifecare Innovations is the winner of DSIR (Department of Science & Industrial Research, Ministry of Science & Technology, Government of India) National Award 2006 for R&D Efforts in Industry

H.E. The President of India Shri Abdul Kalam appreciating Fungisome™ showcased by National Research Development Corporation in an exhibition in New Delhi.   Technology Day National Biotechnology Award – 2004 for FUNGISOME™ being presented by Minister for Science & Technology Mr. Kapil Sibal to Dr. J. N. Verma, MD, Lifecare Innovations

Gian Chand Jain Memorial Foundation Awards Scientist of the year For pioneering development and commercialization of liposomal pharmaceuticals to Dr. J.N. Verma

Special issue of Supplement, Journal of Postgraduate Medicine on- Systemic Fungal Infections and development of Indian Liposomal Amphotericin B

DBT Honours Lifecare Innovations & Dr. J.N. Verma For bringing out- topical liposomal Dithranol & topical liposomal Amphotericin B for the first time in the world.

DSIR National Award

Technology day National Award -2008. Technology Development Board Government of India honored Lifecare Innovations Pvt Ltd- for successful commercialization of indigenously developed FUNGISOMETM i.v.

Dr Jitendra N Verma, MD, Lifecare Innovations receives the award from Dr Stephen Davies, Technium Director "Lifecare Innovations is the India winner for International Business Wales Technium 2009 – a global business contest based on emerging technologies and innovations’ -for innovating FUNGISOME"

2009-2010 DST-LOCKHEED MARTIN India Innovations Growth Program Gold Medal