How has Agappe faced the challenges of COVID-19 in terms of production, technology and revenue?
In a highly import-dominated IVD sector, Agappe has always emphasised on the indigenous development of technology. Our far-sightedness for developing in-house manufacturing has enabled us to envisage products that are suitable for developing countries. In line with this thought, we have focused on our R & D division, with a committed expenditure of over 5 per cent of our revenues. The disruption of supplies caused by the pandemic and the lockdown did not deter us, as our products were already in the pipeline to be manufactured in India.
During this pandemic, we paced ourselves to commercially launch Mispa Count X, India’s first indigenously built blood cell counter, in partnership with L&T Technology Services, a leading global pure-play engineering services company. We are the first Indian company to indigenously design, develop and commercialise the 3-part haematology analyser. Agappe also became the first Indian IVD company to launch IoT based semi-automated clinical chemistry analysers during the peak of the pandemic. In tune with the need of the hour, Agappe’s R & D team has developed the RT LAMP technology-based COVID-19 test kits, Mispa LUME and Mispa Lume Screen nCov for the domestic market. These products are validated and approved by the Indian Council of Medical Research (ICMR) and Central Drugs Standard Control Organisation (CDSCO). The test kits have been approved by National Accreditation Board for Testing and Calibration Laboratories (NABL) for use by laboratories.
This story is from the May 2021 edition of Bio Spectrum.
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This story is from the May 2021 edition of Bio Spectrum.
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