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B Medical Systems, a Luxembourg-based manufacturer and global distributor of medical refrigeration devices, will soon launch refrigerator vehicle in India for transporting blood at the right temperature.
"We are also looking at launching some innovative product - minus 80 degrees’ mobile freezer that can work in cars", said Jesal Doshi, deputy CEO, B Medical Systems.
While talking about expansions, he said, "We are very new to India. We are invited by the Prime Minister of India in November 2020 to start manufacturing in India and in January 21 we set up legal entity. In January, we started our manufacturing facility in Gujarat where we have employed almost 100 people. Since I started we now also have offices in Ahmedabad, Mumbai and Delhi. We are actually now setting up our R&D centre in Mumbai that will be up and ready by the end of this year. So far we have already invested more than Rs. 100 crore. Next year we are looking at investing another Rs. 50-70 crore."
Talking about blood samples generated in a year in India, Doshi mentions, "Statistically, in a year India generate about 11 million samples. Historically, it has grown 2-3% every year."
Mentioning about errors in tests, he said, "Normally what do you expect from whomsoever you get the tests done should be appropriate he values should come correct. Personally, the test I got done was from centralized lab, there it takes time for the blood to reach there plus the storage is not good there. And here I am talking about simple values. Blood sugar was 50% different and this happened in Mumbai and I am not sure what the scenario would be with people living in tier-2 and tier-3 cities.”
To resolve this issue, we will be providing equipment for storing and transporting blood, plasma and other constituents with integrated real time monitoring. For example, as a patient you will know the full history of blood samples, he added.
Speaking about government regulations he said, "So it’s interesting the government has recently introduced regulations around medical equipment. Which is under the CESEO and in November 2017 the government has introduced changes and said the government gave time to industry to implement these changes. For example, any device which stores or transports blood is a class B medical device according to this regulation and this regulation will be in force from this October 1. The fact of the matter is the government has given enough time to manufacturers to prepare and if you look globally every country has such regulations and a country of our size to have something like blood not regulated frankly is like putting lives at risk".
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