iNova
OVERALL |
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Owned |
AUS |
Rating |
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Pharmaceutical company
This company has had a number of ownership changes in recent years. In 2018 it was acquired by Sydney-based Pacific Equity Partners and global giant The Carlyle Group for US$930 million.
Company Ownership
iNova Pharmaceuticals (Australia) Pty Ltd | AUS | website | ||||
Pacific Equity Partners Pty Ltd ![]() owns 50% of iNova Pharmaceuticals (Australia) Pty Ltd |
AUS | website | ||||
Private equity firm Current investments include Hoyts. Other interests include areas such as fast food, food, finance and vacuum cleaners. | ||||||
The Carlyle Group Management LLC ![]() owns 50% of iNova Pharmaceuticals (Australia) Pty Ltd |
USA | website | ||||
Private equity firm Ranked as the largest private equity firm in the world in 2015. Bought Accolade Wines in 2018. |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
iNova Pharmaceuticals (Australia) Pty Ltd | ||||
Signatory to the Australian Packaging Covenant, a voluntary agreement to encourage waste minimisation.
Source: Australian Packaging Covenant (2020) |
This company is part owned by Carlyle, which has numerous criticisms and an overall Shop Ethical rating of 'F'.
Source: Shop Ethical (2020) |
In 2012, 2011 and 2010 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
Source: TGA Complaints Register (2012) |
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Pacific Equity Partners Pty Ltd | ||||
According to the democracyforsale.net website, this company donated $126,750 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
This company states on its website that in general they do not invest in gambling or tobacco related businesses.
Source: company website (2016)
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI (2020) |
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The Carlyle Group Management LLC | ||||
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2021) |
The 2017 update to the report entitled "Worldwide Investments in Cluster Munitions: a Shared Responsibility" identifies 166 banks and other financial institutions with financial links to cluster munitions producers. This bank is listed in the report's Hall of Shame for having investments in one or more of the 6 cluster munitions producers named in the report between 1 June 2013 to 17 March 2017.
Source: Cluster Munition Coalition (2017)
The Carlyle Group has investments in several businesses which provide products and services to the US military.
Source: company website (2018)
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$5 million into 1 of the 20 nuclear weapons producers named in the report.
Source: ICAN (2018)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 668th of 954 companies, and 30th of 33 Capital Markets companies.
Source: JUST Capital (2022) |
This company received a score of 10/100 in the Newsweek Green Rankings 2015, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2015)
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2021)
This company has citizenship claims on its website in the areas responsible investing, governance, environmental stewardship and social responsibility.
Source: company website (2018) |
Company Details
Type | Wholly-owned subsidiary |
Contact Details
Address | Level 10, 12 Help St, Chatswood, NSW, 2067, Australia |
Freecall | 1800 630 056 |
customerservice@inovapharma.com | |
Website | www.inovapharma.com |
Products / Brands
iNova
Dermaveen Skin Care Dermaveen Shampoo Difflam Lozenges Difflam Cold & Flu Glucodin Energy Drinks Invisible Zinc Sunscreen Kynd Vitamins |
Nyal Cold & Flu Nyal Lip Care Reef Sunscreen Salvital Digestive Care Skin Basics Skin Care Stop Itch Antiseptic |