About Adalvo
Adalvo is a Healthcare company based in San Gwann (Malta) founded in 2019, and was acquired by EQT in July 2025. Marketing services are provided to the pharmaceutical industry. The company has 31 employees. Its Indian entity Adalvo India Private Limited reported revenue of βΉ19.78 Cr. Adalvo offers products and services including Tacrolimus Ointment and Fidaxomicin. Its focus areas include Biopharma Outsourcing, Consulting, Business and Market Access & HEOR.
Company details
Adalvo was established in 2019 and is headquartered in San Gwann, Malta. Services in marketing are delivered specifically to entities within the pharmaceutical sector. Operations center on supporting promotional and strategic needs for pharmaceutical clients. The companys domain, adalvo.com, facilitates these activities. Focus remains on the European pharmaceutical market, with tailored solutions for industry compliance and outreach.
- Headquarters San Gwann, Malta
- Employees 31
- Stage Acquired
- SectorsHealthcare
- Website adalvo.com
- Social LinkedIn
- Acquired by Innobic Asia (Nov 2021)
- Legal Name Adalvo India Private Limited
- Date of Incorporation 26 Aug, 2021
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Adalvo
Adalvo operates through Adalvo India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adalvo India Private Limited CIN U24290KA2021PTC151064 | Active | 26 Aug 2021 | Bangalore, Karnataka | ₹19.8 Cr | 31 | 2 | View details |
Products & Services of Adalvo
Adalvo offers a comprehensive portfolio of products and services, including Tacrolimus Ointment and Fidaxomicin.
Ointment for treating specific skin conditions in patients.
Medication used for bacterial infection treatment in healthcare.
Investors in Adalvo
Adalvo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include EQT, Aztiq and Innobic Asia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
EQT is recognized as a global investment organization focused on value creation. | 1994 | eqtgroup.com | Stockholm, Sweden | |
Aztiq is focused on investments in pharmaceutical and biotechnology sectors. | 2009 | aztiq.com | Reykjavík, Iceland | |
Operates as a CDMO specializing in solid-based drug production. | 2021 | innobicasia.com | Chatuchak, Thailand |
Investor details for Adalvo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Adalvo India Private Limited (Adalvo)
Adalvo India Private Limited is the primary company behind Adalvo. The board of Adalvo India Private Limited currently have 2 directors; the longest-serving is Martina Feitzinger, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Martina Feitzinger DIN 09294734 | Director | 26 Aug 2021 | 5 yrs 2 mo | Adalvo India Private Limited |
| Arti Banerjee DIN 09294735 | Director | 26 Aug 2021 | 5 yrs 2 mo | Adalvo India Private Limited |
Financials of Adalvo
Figures of Adalvo India Private Limited, the primary company behind Adalvo, for FY 2025. Revenue was ₹19.78 Cr (+22% year on year). Net profit was ₹1.54 Cr (8% margin). EBITDA was ₹2.24 Cr (11% margin).
- ₹19.78 CrRevenue · FY 2025 · +22% YoY
- ₹1.54 CrNet profit · 8% margin
- ₹2.24 CrEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- 31Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Adalvo India Private Limited are on its company page.
Detailed financial statements for Adalvo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Adalvo
3 dated milestones of Adalvo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Adalvo is founded.
- Exit Acquired by Innobic Asia.
- Exit Acquired by EQT.
Web traffic of Adalvo
The website of Adalvo (adalvo.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 1% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Adalvo
Complete news archive for Adalvo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Adalvo
Adalvo was founded in 2019.
Adalvo is headquartered in San Gwann, Malta.
Adalvo has 31 employees.
The primary company behind Adalvo, Adalvo India Private Limited, reported revenue of βΉ19.78 Cr for FY 2025, up 22% year on year.
Adalvo was established in 2019 and is headquartered in San Gwann, Malta. Services in marketing are delivered specifically to entities within the pharmaceutical sector. Operations center on supporting promotional and strategic needs for pharmaceutical clients. The companys domain, adalvo.com, facilitates these activities. Focus remains on the European pharmaceutical market, with tailored solutions for industry compliance and outreach.
Adalvo offers Tacrolimus Ointment and Fidaxomicin.
Adalvo has 3 investors. Key investors include EQT, Aztiq, and Innobic Asia.
Adalvo operates through Adalvo India Private Limited.
Yes. Adalvo was acquired by Innobic Asia in November 2021.
The legal entities of Adalvo currently have 2 directors, including Martina Feitzinger, Arti Banerjee.

