Transasia Bio-Medicals Ltd.

We often tend to compare the prices of the diagnostic tests, prescribed by Doctor. This article is intended to convey something as complex as the diagnostic ecosystem and end user pricing in as simple a manner as possible. There are quick reactions when information about raw material pricing of diagnostics are shared in media reports comparing it to the price an end user pays for the same. Nothing can be farther from the truth, as pricing of tests by labs and hospitals are influenced by multiple factors which tend to vary significantly. Like with most services, there will be a huge variation depending on the location and other factors. It is important to raise this awareness and correct the misconception of the general public. I am listing most of the factors (not all and by no means exhaustive) that are behind the price variation in diagnostic tests across locations in India: Location - Real estate costs vary hugely across India and these variations are significant...

Do you remember the Bollywood movie that highlights how the main protagonist’s world turns upside down when she is tested HIV positive? Not surprisingly, the movie wasn’t a box-office success for treading the forbidden path. HIV and AIDS still continue to be shadowed by societal stigma. This World AIDS Day, Transasia does a reality check on the prevalence of the infection and re-emphasizes the need for early diagnosis. HIV and AIDS Most people confuse HIV and AIDS. While HIV is the virus that attacks the immune system; AIDS, also known as late stage HIV, is a set of symptoms that are manifested due to an immune system seriously damaged by HIV. Though there is no cure for HIV, early diagnosis can aid in timely initiation of antiretroviral therapy that can stop the virus from damaging the immune system. An HIV patient who has received timely treatment can live a normal and long life without progressing to late stage HIV. Arresting the infection early on! H...

WHO’s latest announcement on introducing an Essential Diagnostic List further emphasizes the need to widen the reach of important diagnostic tests for timely disease management. The good news is India has taken the lead to develop its own National EDL. What needs to be seen is how the government and the industry come together to integrate the EDL to further boost the efforts towards a Healthier India. The impact of global warming is not just on our melting glaciers. The rampant spread in infectious diseases, both new and old; has become a big concern for the healthcare specialists. Gone are the days when malaria was associated only with monsoons. Weather variations bring with it the unpredictable onset of host of diseases, further pushing the health machinery into action to contain the spread. The recent outbreak of Nipah virus in Kerala, once again highlights the crucial role played by diagnostic tests for the precise and early detection of emerging diseases. Clinici...

Recent technological advancements in In-vitro diagnostics have been encouraging manufacturers to explore opportunities beyond their home markets.  Read on to know more about the exciting avenues opening up in this sector. As India’s leading In-vitro Diagnostic Company, we have set trends in driving the growth of this sector. While a lot has been written about our well established base in the domestic market, an important aspect is also how we understand the growing needs of developing countries and offer dedicated solutions. Over a period, Transasia has acquired 14 companies globally and has been able to reach out to millions in over 130 countries. From a broader perspective, for any IVD player it is important to know what drives the market globally. As the New Year dawns upon us, it is a good time to understand what is trending in the international market. Various advancements in the conventional technologies of IVD, have been the key growth drivers. These d...

Bridging the skill gap among lab professionals-an important step towards achieving "Health for all" Often dubbed ‘the hidden profession that saves lives’, lab technologists play a crucial role in the healthcare delivery chain. Patient history along with physical examination and symptoms are vital, but most diagnosis needs confirmations that laboratory tests only can provide. With technological advancements, Lab technicians are expected to be up-to-date with the functionalities of the latest sophisticated analyzers, their calibrations and QC checks. Competency in using the Laboratory Information System is another skill that technicians are expected to develop since they are accountable for ensuring consistency of reporting, and streamlining the workflow processes for greater lab efficiency. Statistics reveals that as of 2012, there were about 4.30 lakh Medical Laboratory Technologists in India working in Govt., Semi Govt., Public and Private Sectors.*. ...

A population of 1.2 billion relies on 70% imported medical devices  Make in India to turn the table s oon! Suresh Vazirani Chairman & Managing Director,  Transasia Bio-Medicals Ltd.  Globally, the medical device market is segregated into six major segments, of which diagnostics imaging constitutes the largest chunk. In-vitro Diagnostics is the second largest segment with an estimated 24% share*. In India, the Medical Devices industry is presently valued at USD 5.2 billion and contributes 4-5% to the Indian healthcare industry. As an industry leader, I am glad that the Government’s Make in India initiative recognizes Medical Devices as a sunshine sector. Today, the liberalization of government policies allow upto 100% FDI through automatic route. Taking advantage of this lucrative opportunity, an increasing number of MNCs are setting up their manufacturing bases in India. However, we still have a long way to go. It is appalling to know, that Indi...