Transasia Bio-Medicals acquires Calbiotech Group of Companies, USA Strengthens its foray into Immunoassay
Transasia Bio-Medicals Ltd., India’s leading in-vitro diagnostic company, recently acquired Calbiotech Group of Companies through its German subsidiary Erba Mannheim. Based in California, USA, the three-decade-old Calbiotech Group is a worldwide leader in immunoassay development and manufacturing.
With its over 37 years of service, Transasia Bio-Medicals Ltd. offers a comprehensive product portfolio spanning all specialties of diagnostics including biochemistry, hematology, immunoassay & blood banking, urinalysis, diabetes, critical care, coagulation, microbiology and molecular diagnostics. Alongwith its subsidiaries in Germany, France, Czech Republic, Russia, Turkey, UK and USA, Transasia now reaches out to millions in over 104 countries.
Calbiotech Inc. with its group companies Calbiotech Veterinary Diagnostics Inc. and Moduline Systems offers 200 products in 60 countries.
With this new addition, the Transasia-Erba Group is all set to strengthen its foray in ELISA and CLIA assays for human and animal research, including specific assays for autoimmune disorders, cancer and infectious diseases.
Speaking on the occasion, Mr. Suresh Vazirani, Chairman & Managing Director, Erba Group said, “Calbiotech Inc. and Dr. Noori Barka have developed an excellent range of immunoassay products that will complement our growing range of diagnostic products. Their expertise in Immunoassay will allow Erba to strengthen our position in this high growth market and integrate their strong R&D programme to further enhance the product development strategy of the Erba Diagnostics Mannheim group.”
Dr. Noori Barka, CEO and President of the Calbiotech Group added, “We are excited to join the growing Erba Mannheim group and enjoy the synergies of being part of a larger organization. We found a strong strategic and cultural fit with Erba Mannheim and are eager to realize the potential of the combined companies. The strength of the Erba brand will support our growing sales activities while enabling Calbiotech to access a wider range of global markets for our products. The acquisition will also bring synergies with Erba’s R&D and work to accelerate the development of our novel and innovative products.”