Now operating as a subsidiary of BIO-VED Pharmaceuticals Private Limited with laboratories located in Pune India, the firm originally was known as Bio-Ved Inc. The name was changed to to AyurCore Inc in 1995. Ayurcore is engaged primarily in the discovery, development, clinical testing and marketing of proprietary plant-based pharmaceutical (phyto-pharmaceuticals) for the treatment of chronic, difficult-to-treat human diseases. The company currently has three phyto-pharmaceuticals in various stages of clinical and preclinical development.