Translumina Therapeutics Expands Its Reach in the UAE Market
Translumina Therapeutics Begins Operations in the UAE
Translumina Therapeutics, the largest domestic player in India’s coronary stents market, is excited to announce its direct operations in the UAE. Founded in 2011, this company has quickly positioned itself as a vital player in the sales and marketing of coronary intervention devices. Over the years, it has successfully developed its own manufacturing capabilities alongside a robust range of product lines.
Aiming for Global Reach
The company has a compelling vision to place India on the global stage in medical device manufacturing, embodying the principle of 'Make in India, Make for the world.' As Gurmit Singh Chugh, Co-Founder and Chairman of Translumina Therapeutics, expressed, this venture into the UAE is a significant step toward realizing this ambition. He emphasizes the importance of Indian engineering and innovation in the medical devices sector.
Investment in International Markets
Punita Sharma Arora, Co-Founder & Vice-Chairman, echoed this ambition, highlighting the company’s established presence in various international markets. With over five years of experience in Europe and South Asia, Translumina has also recently made strides in Latin America and Southeast Asia. The addition of MENA reflects the company’s commitment to expanding its comprehensive product portfolio globally.
Advancements in Technology
Translumina’s drug-eluting stent technologies have been developed through collaborations with renowned institutions, including the German Heart Centre. This partnership has resulted in innovative medical devices that have been studied for over a decade, providing extensive safety and efficacy data.
Strategic Acquisitions
In its ambitious journey, Translumina enhanced its product offerings by acquiring Blue Medical, a Dutch firm specializing in drug-coated balloons, along with Lamed, a notable player in Germany's vascular surgery market. Arjun Oberoi, Managing Director of Everstone Capital and a board member at Translumina, noted the strategic vision behind these partnerships to elevate the company as a global leader.
Strengthening Presence in the MENA Region
Indranil Mukherjee, Group CEO of Translumina, stated, "We are thrilled to launch our operations in the UAE, a hub for business innovation and strategic importance." This strategic move will allow Translumina to serve the MENA region better while reinforcing its global presence and commitment to improving access to high-quality healthcare.
Contact Information
For further queries, please contact:
Dr. Nancy Chugh
If you have any questions or need more details about Translumina Therapeutics and its innovative products, do not hesitate to reach out.
Frequently Asked Questions
What is Translumina Therapeutics?
Translumina Therapeutics is an Indian company that specializes in coronary intervention devices, including drug-eluting stents.
Where has Translumina recently expanded its operations?
Translumina has recently initiated direct operations in the UAE.
What is the company's mission?
The company aims to position India as a global leader in medical devices, promoting innovation and advanced manufacturing.
What notable partnerships has Translumina formed?
Translumina has collaborated with the German Heart Centre and has made acquisitions, like Blue Medical and Lamed, to enhance its offerings.
How does Translumina contribute to healthcare accessibility?
By expanding its operations globally, Translumina aims to make high-quality healthcare products more accessible to different regions.
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