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03 Aug 2012

My big fight: When Trivitron Healthcare left its main supplier, lost people & nearly went bankruptET Bureau

03 Aug 2012

"When Trivitron Healthcare left its main supplier, lost people & nearly went bankrupt Summary: GSK Velu, MD, describes his battle: In 1997, I left Ciba Corning (later renamed Chiron) Diagnostics as director for South and South East Asia operations, determined to start my own venture. The same year, I started two companies, Trivitron Medical Systems and Trivitron Diagnostics in Chennai with 20 lakh rupees of my savings. Chiron had been taken over by Bayer by then, and we started off by distributing Bayer's medical devices in South India. The company was doing well and in 1999, I started another company: a chain of pathology labs called Metropolis. However, 2000 was a very tough year for us. Since we were only distributing Bayer products, we were being dictated to"


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