Translumina Therapeutics Expands Operations to UAE Market
Translumina Therapeutics Expands Operations to UAE Market
Translumina Therapeutics, a prominent player in the coronary stents industry, has made a significant announcement regarding its operations in the UAE. Since its establishment in 2011, Translumina has been dedicated to providing advanced medical devices that support heart health. The company has not only developed a robust portfolio of coronary intervention devices but has also mastered its own manufacturing processes.
Vision for Global Healthcare
In a statement, Gurmit Singh Chugh, the Co-Founder and Chairman of Translumina, expressed the ambition to elevate India’s stance in the global medical devices arena. He emphasized the importance of innovation and engineering from India in meeting international needs, remarking that their new presence in the UAE epitomizes this ambition. The launch reflects a commitment to the national endeavor of 'Make in India, Make for the world'.
Strengthening Global Presence
In support of this vision, Punita Sharma Arora, Co-Founder and Vice-Chairman, spoke about the company's existing foothold in international markets over the past five years. The strategic introduction to the UAE marks the latest development in Translumina's expansion strategy, which already includes strong representations in Europe and South Asia. The firm has made significant investments to enhance its presence in Latin America and Southeast Asia, and the UAE addition sets the stage for a broader reach across the MENA region.
Innovative Product Development
Translumina's notable drug-eluting stent technologies stem from a fruitful collaboration with the esteemed German Heart Centre. This partnership has led to the evolution of cutting-edge medical devices that are distinguished by a decade-long track record of safety and effectiveness. The firm is dedicated to continual innovation and meeting the evolving needs of patients worldwide.
Strategic Acquisitions
Recently, Translumina further bolstered its capabilities by acquiring Blue Medical, a Dutch company recognized for its expertise in drug-coated balloons, as well as Lamed, a key player in the vascular surgery sector in Germany. These acquisitions are poised to strengthen Translumina's product offerings and global competitiveness.
Commitment to Accessible Healthcare
The Group CEO of Translumina, Indranil Mukherjee, shared enthusiasm about the company's commitment to establishing a stronghold in the strategic and innovative landscape of the UAE. This move is expected to enhance the provision of high-quality healthcare services while simultaneously strengthening global reach.
Contact Information
For any inquiries, Dr. Nancy Chugh is available for further assistance. She can be reached at drnancychugh@translumina.in.
Frequently Asked Questions
What is the significance of Translumina's UAE launch?
The UAE launch enables Translumina to establish a direct presence in a strategic and innovative market, enhancing its global reach and accessibility to high-quality healthcare solutions.
How long has Translumina been operational?
Translumina has been operational since 2011, focusing on producing advanced coronary intervention devices.
What are the major acquisitions made by Translumina?
Translumina recently acquired Blue Medical, specializing in drug-coated balloons, and Lamed, a leader in vascular surgery in Germany, to enhance its product offerings.
Who are the key leaders at Translumina?
The company is led by Co-Founder and Chairman Gurmit Singh Chugh, Co-Founder and Vice-Chairman Punita Sharma Arora, and Group CEO Indranil Mukherjee.
What is Translumina's vision for the future?
The company's vision is to position India as a global hub for medical devices, emphasizing innovation and quality in healthcare solutions.
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