Transasia wins 'India Medical Devices Export Company of the Year' award from Govt. of India
by Shrutee K/DNS
Bangalore, 15th February,
2018: Transasia
Bio-Medicals Ltd., India’s Leading In-vitro Diagnostic Company, announced that it has been conferred the ‘India
Medical Devices Export Company of the Year’ award by the Ministry of
Chemicals & Fertilizers, Government of India.
Mr. Suresh Vazirani, Chairman &
Managing Director, Transasia Bio-Medicals Ltd. received the award through the
hands of Shri Ananth Kumar, Hon’ble Minister (Chemicals & Fertilizers),
Government of India, at the 3rd International Exhibition &
Conference on Pharmaceutical & Medical Devices Industry – India Pharma 2018
& India Medical Device 2018 held today at the Bangalore International Exhibition
Centre, Bengaluru. Shri Suresh Prabhu, Union Minister of Commerce and Industry,
Shri Jagat Prakash Nadda, Hon’ble Union Minister for Health & Family
Welfare and other well known dignitaries graced the conference.
On receiving the award, Mr. Vazirani
remarked, “I am honored to receive this prestigious award and grateful to the
Ministry of Chemicals & Fertilizers, Government of India for conferring it
on us. I am proud that Transasia is contributing to the growth of the economy
through its exports to over 110 countries. With a vision of creating a
‘Healthier and Happier World’, Transasia has been successfully combining
world-class technologies from our global subsidiaries with efficient, low cost
manufacturing in India to meet the diagnostic needs of India and the other emerging
markets.”
He further added, “On this note, I
would like to thank the Government of India for recognizing medtech as a
sunrise sector in its Make in India initiative. India’s products are being
recognized worldwide for their quality, reliability and affordability. The
recent reforms are giving an impetus to the growth of this sector. Further
boosts are welcome.” The award for the ‘India Medical
Devices Export Company of the year’ category along with other categories was instituted
by the Govt. of India in order to encourage indigenous manufacturing of medical
devices.
To this effect, Transasia is the
first Indian In-vitro Diagnostic Company to manufacture and export
state-of-the-art blood analyzers and reagents, way back in 1990s. Transasia's
main focus remains on the emerging countries in Asia, Africa, the Middle East,
Latin America and Eastern Europe. In Asia, besides India it caters to the
diagnostic needs of countries such as Thailand, Indonesia, Philippines and
Vietnam. With over 14 overseas
acquisitions in countries as varied as the Czech Republic, Germany, U.K,
France, Italy, Russia, Turkey, and the US,
Transasia serves millions.
The exhibition brought together key
decision makers from the realms of the industry, academia, regulators and
government to gauge opportunities and estimate the potential of indigenous
manufacturing for medical devices in India and thereby create an ecosystem to
enable path breaking initiatives and innovations.
About
Transasia Bio-Medicals Ltd.
Founded in 1979, Transasia Bio-Medicals Ltd., India’s
Leading In-vitro Diagnostic Company offers products and solutions in
Biochemistry, Hematology, Coagulation, ESR, Immunology, Urinalysis, Critical
Care, Diabetes Management, Microbiology and Molecular Diagnostics. Transasia provides doctors and patients with reliable,
affordable and innovative Medical Diagnostic Systems, with an impressive
install base of above 65,000 equipment in 35,000 laboratories across India. It
has a vast network of the more than 250 service engineers, 400+ sales and
marketing team, 21 zonal offices and 350+ distributors.
It is the first Indian company to manufacture and export blood analyzers
and reagents, in the 1990s. Today, Transasia’s indigenous research has resulted
in development of state of the art, ‘Make in India’ products and technologies,
enabling its products to be among the best in the world. All along its journey spanning more than three decades,
Transasia has been recognized for its commitment to healthcare. It has been
conferred ‘Global Growth Company-2014’ by the World Economic Forum amongst many
others. Headquartered in Mumbai, Transasia is a part of the global
Erba Diagnostics Mannheim GmbH Group. The Erba –Transasia Group has spread its
footprint across USA, UK, Germany, Czech Republic, France, Italy, Russia and Turkey through
various acquisitions. Erba’s production sites in India, Czech Republic and USA and R&D
centres in France, UK, India and Czech Republic form a hub for indigenous
manufacturing of world class deliverables.Today, the Erba -Transasia Group
serves millions across 110 countries
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