The change to the name came due to the changes in the shareholding structure of the 42-year old company, says a press release.

Managing Director of the company Akhter Matin Chaudhury recently unveiled the new name at a function in Cox's Bazar where prizes were given to the winners of an in-house name search contest held earlier.

Also present at the function were Kanai Lal Saha, director (Finance), Rahbar A Anwar, director (Marketing), and Asif Ahmed, director (Sales), among others.

The change to the company name will have no effect on the quality of products and policies, practices and relationship of the company with its clients, the release added.

The managing director said brands like Oradexon, Visceralgine, Orgametril, Ovostat Gold, Marvelon, Traxyl, Deca-Durabolin, Durabolin, Sustanon, Piton-S and Ovestin will be manufactured at the company's plant in Tongi as before.

With the imported brands such as Livial, Andriol Testocaps, Norcuron, Esmeron, Puregon and Pregnyl along with newer brands from Organon International, Nuvista Pharma will continue its services, he added.