Adds patented wound management products and enhances R&D capabilities
Healthium has acquired CareNow Medical, strengthening its product portfolio with patented and differentiated products in the advanced wound management and infection prevention segments. Healthium’s product portfolio covers surgical consumables, urology and arthroscopy products. Its manufacturing facility at Bengaluru is registered with the US FDA.
With this acquisition, Healthium strengthens its portfolio of patented products through the addition of CareNow’s advanced wound dressing which has patents across the US, Europe and India. Further, the acquisition adds to Healthium’s manufacturing and R&D capabilities. CareNow’s manufacturing facility in Coimbatore is US FDA registered and will count as the 8th manufacturing facility for Healthium.
Speaking on the acquisition Anish Bafna, CEO and MD, Healthium Medtech, said, “With the acquisition of a high- tech patent driven company like CareNow, we are proud to strengthen our advanced wound management and infection prevention segments by adding patented products made to globally accepted quality standards. We look forward to offering wider choices to our customers and delivering better standards in patient care worldwide”
Anand Venkatachalam, COO, CareNow Medical added “We are happy to find in Healthium, the right partner to enable our products including the patented and innovative product range, to be accessed by a larger Indian audience and also reach the global market through their distribution network. We are excited that this partnership will result in the healthcare systems of 80 countries benefitting from our patented products.