Specialty Chemicals Firm Expands Into Research-Driven Life Sciences Business Through Rivadu Lifesciences
Mumbai, 22 May 2026: Platinum Industries Ltd., an innovation-driven specialty chemicals company, has announced its strategic entry into the life sciences sector, marking a significant milestone in its next phase of growth. As part of this expansion, the company has appointed Dr. Abhigyan Upadhyay to head its newly established life sciences enterprise.
The move reflects Platinum Industries’ broader vision of extending its expertise in advanced chemistry solutions into applications that directly impact human health. Through this initiative, the company aims to establish a research-driven and globally scalable presence in high-value life sciences segments.
Dr. Upadhyay brings more than 25 years of global leadership experience across life sciences, diagnostics, regulated manufacturing, and research-led businesses. Over the course of his career, he has led large-scale operations, driven international market expansion, and played a key role in clinical trials and research initiatives during the COVID-19 pandemic.
Commenting on the development, Krishna Dushyant Rana, Chairman & Managing Director of Platinum Industries Ltd., said, “Our entry into life sciences reflects a deliberate step towards advancing our core philosophy of responsible chemistry into areas that have a direct and meaningful impact on human health. We see this as a long-term, innovation-led opportunity, and Dr. Upadhyay’s experience brings the strategic depth and execution capability required to build this business in a disciplined and phased manner.”
Speaking on his appointment, Dr. Upadhyay said, “The life sciences sector today is increasingly defined by the ability to translate scientific understanding into consistent, high-quality outcomes. Our focus will be on identifying the right opportunities, collaborating with partners, and bringing innovative, high-quality products to market in a phased manner.”
The company plans to enter the life sciences sector through its wholly owned subsidiary, Rivadu Lifesciences Pvt. Ltd.. Platinum Industries will initially focus on research-led segments such as APIs and intermediates while leveraging strategic partnerships and its existing strengths in execution and market access.
The company also intends to establish a strong international footprint across key regions, including the Middle East, the United States, Europe, and Asia. The expansion comes at a time when global pharmaceutical supply chains are increasingly seeking reliable and quality-certified partners, while India continues to strengthen its position as a global hub for innovation-led life sciences capabilities.
About Platinum Industries Ltd.
Platinum Industries Ltd. is an innovation-driven specialty chemicals company with operations across more than 30 countries. The company specializes in safer and more sustainable chemistry solutions for industries including plastics, paints, and coatings, and continues to expand its portfolio through strategic and research-led growth initiatives.
