Mumbai, April 6 -- Adar Poonawalla-led Serum Institute of India Pvt. Ltd is in talks to partner with medical device maker Trivitron Healthcare to scale up its investment in MyLab Discovery Solutions Pvt. Ltd and expand the Pune-based diagnostics provider's operations internationally, said three people familiar with the matter.
Chandra Ganjoo, group chief executive officer at Trivitron; and Gurinder Bir Kaur, associate VP of human resources, have been listed as directors on the board of a new joint venture, Mylab Trivitron Next Gen Technologies, according to a legal filing sourced by Tracxn.
The deal is currently in advanced stages of due diligence, and the final contours of the transaction are yet to be decided, said two of the three pe...
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