Liven Pharmaceuticals just made a rights issue. Will this prove to be the last throw of the dice?

For many, the name Liven Pharmaceuticals will be new. The company came into existence less than a decade ago and has only recently been listed on the stock exchange. Liven was established by a group of sponsors who wanted to create a pharmaceutical company providing health and medication solutions. The company name “Liven” was a play on the word living. 

But Liven’s roots can be traced farther back. The company’s origin story goes all the way back to the early 1990s when a company called Merchant’s Glass began manufacturing medical ampoules which are used to package certain medication and medical products. 

Liven was going to be the next stage of evolution for the company as it was going to address the patient needs by producing high quality medicines, biologicals and Active Pharmaceutical Ingredients (APIs).