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Mylab Discovery to make point-of-care testing available everywhere in India

Yash Ved, Mumbai
Friday, December 17, 2021, 08:00 Hrs  [IST]

Mylab Discovery Solutions, India’s leading biotech company, is planning to expand into tier-2 and tier-3 cities and to make point-of-care testing available everywhere in India including in remote villages.

The company's vision is to reach a billion people by 2025 and have already reached more than 50 million people until now.

The company stated that it has already helped entrepreneurs in 12 cities including Indore, Lucknow, Pune, etc. to make their 30+ labs molecular ready. The company has in pipeline more than 40 tests which will be now available for point of care detection.

Shailendra Kawade, chairman & co-founder, Mylab Discovery Solutions stated, "Our ongoing initiative, called 'Powered by Mylab' is aimed at empowering entrepreneurs in the hinterland of India to build molecular diagnostics lab to make diagnostics accessible to remote corners of the country. There are many entrepreneurs or small lab owners who are looking to either set up labs or upgrade their existing labs. Through the model, Mylab works with the entrepreneurs to optimize operational performance, maximize resource utilization and equip their labs with tools and technologies to deliver and meet their customers’ demands.”

The company also acquired a majority stake in Sanskritech– the developer of Swayam, which is India’s most advanced point of care testing system with over 70 test parameters and telemedicine facility. The company will establish these POC testing systems at doctor offices, nursing homes, community health centres, airports, etc. through lab partners to enable patients to get test results faster, at a lower cost and without the need to wait for hours.

“We are working to develop future products which will bring diagnostics to the palm and smartphones of the customers. These technologies will use artificial intelligence and biological techniques for simplified diagnostics,” added Kawade.

Mylab Discovery Solutions, an Indian biotech firm focused on developing & commercializing molecular, serological, immunology testing solutions and equipment for applications in clinical diagnostics, drug discovery, biomedical research, agrigenomics, animal and food safety. Other than molecular and immunodiagnostics, Mylab has deep expertise in biosensors, liquid handling systems, robotic and optics-based systems for diagnostics.


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