Chennai, April, 2009 :
Trivitron, the largest medical technology provider of Indian origin has today announced its alliance with BioSystems, Spain to manufacture IVD Reagents. Through this tie-up, BioSystems will manufacture IVD reagents for Diagnostic Lab use by setting up its manufacturing facility at Trivitron’s Medical Technology Park in Chennai, India.

BioSystems SA, located in Barcelona, is one of the largest manufacturers of clinical chemistry reagents and instruments in Europe, with 3 decades of research and advancements in clinical chemistry, autoimmunity(immunofluorescence and ELISA), and Immunoturbidimetry reagents & Reagents. The company has its manufacturing facility at Barcelona and this facility will be the first outside of Spain for manufacturing clinical chemistry products.

Says Antonio Elduque ,Managing Director, BioSystems, “With India becoming the most favourite destination in the world for healthcare, matching its infrastructure and technology with those in UK, Europe and USA, we decided to expand our operations by setting up a manufacturing facility in India. We have identified Trivitron which is creating a first-of-its-kind, world class medical technology park in Chennai, India. This will be the first facility outside Spain, for the manufacturing of the clinical chemistry products and production of the same is expected to commence during 2010.”

Commenting on the JV, Dr. G.S.K. Velu, Managing Director, Trivitron, says “We are happy to be associated with BioSystems. Our focus in setting up a medical technology park in India is to manufacture medical equipments and Diagnostic Reagents in the areas of critical care, cardiac care, imaging and routine laboratory diagnostics”. Added Dr.Velu “The manufacturing facility we are creating will be one of the largest In Vitro Diagnostics Reagents facility in Asia catering to all the emerging markets and to the world eventually."

The JV between Trivitron and BioSystems will spend Rs 40 to 50 crore in the first phase of setting up the facility at the Medical Technology Park.The plant will be set up with the help of a specialist technical expert from Spain and will operate according to the good manufacturing practices (GMP), the ISO 9001, the ISO 13485 and the European Union laws on “In Vitro” Diagnostics Products. This facility will cater to both domestic as well as foreign markets. Products are expected to roll out by the mid of 2010. The Medical Technology Park is coming up on a 23 acre land at Sriperumbudur near Chennai in which Trivitron has already invested Rs 170 crores.

About BioSystems, Spain
BioSystems Spain has been developing and manufacturing reagents and instruments for clinical analysis since 1981. The idea of developing and producing a complete range of high-quality products was the starting point of the company, and this policy has not only been maintained but also strengthened in time. This fact provides BioSystems with a great experience and a deep knowledge of the product, being the evidence a complete and effective service covering any aspect about it. BioSystems´ development has also been characterized by a deep study and adjustment to the big changes in the clinical diagnosis field. The result is the marketing of a complete line of products continuously updated according to the needs of the laboratories.

A well- organized, enthusiastic team makes BioSystems a dynamic and modern company, always attentive to the needs of its customers, giving them the maximum support and developing together with them in the fascinating world of clinical diagnosis.

About Trivitron
Trivitron is one of the top 10 medical technology companies in India and aims to bring in a revolution in medical technology manufacturing industry. It operates in the field of Medical Equipment, Medical Devices, Medical Consumables & Disposables, Medical Software, and Clinical Diagnostic Equipment & Consulting Services. Trivitron has a strong team of 400 dedicated medical & technical professionals in India and abroad and a 24/7 manned helpline ensuring that every installation comes with its own dedicated support team. Trivitron has 22 offices and over 220 distributing centres spread across the Middle East & Asia-Pacific region.

Their main focus is to help the Indian markets identify their requirements, provide them a host of international brands & indigenous options to choose from, and aid them in getting maximum value out of these brands through excellent service support and continuous medical knowledge initiatives. The key partners are the top international brands in the industry like Aloka (Japan), Biosystems (Spain), Boston Scientific Inc (USA), Hamilton (Switzerland), Hologic Inc (USA), Nihon Kohden (Japan), Gambro (Sweden) - brands synonymous with their fields of specialization, worldwide to support quality. Trivitron recently acquired a Pune based X-ray manufacturing Vision Engineering Pvt Ltd.

Trivitron is at the forefront of creating a first-of-its-kind, world class manufacturing facility in India at a sprawling 25 acres in Sriperumbadur near Chennai. The company is investing over Rs 250 crore in this facility with financial participation from reputed US based Private Equity companies. With the unique combination of resources, values and experience, they offer cutting-edge, turnkey solutions for the healthcare sector.

For further details please contact
Mr. Kalyanaraman
Trivitron
Mob : 99620 40668

Mr. Sakthi Prasanna / Ms. Nisha Chandran
Hanmer MS&L
9884277251/ 9884622256 .