Pluss Advanced Technologies

Pluss Advanced Technologies is an Indian advanced materials company focused on phase change materials, specialty polymers, and temperature-control solutions. The company serves multiple end markets, including life sciences and healthcare, where it commercializes temperature-controlled packaging for pharmaceuticals and a passive neonatal cooling device, MiraCradle, for therapeutic hypothermia in birth asphyxia. Beyond healthcare, Pluss also operates in food cold chain, climate technologies, and specialty polymer additives. The business was founded in 1994, expanded into phase change materials in 2007, and was acquired by Carborundum Universal in 2021 while continuing to operate as an active business. For a biotech or healthcare analyst, the key point is that Pluss is not a drug developer but a commercial healthcare-enabling materials and device company built around proprietary PCM-based thermal management technologies.