Medsource Ozone has announced the opening of a new in vitro diagnostics (IVD) manufacturing facility located approximately 45 minutes from Delhi. According to the company, this is the third manufacturing facility established by Medsource Ozone and is designed to cater to both domestic and international markets.
The opening ceremony was attended by company leadership, including CEO Ajaykumar Bhatt and Head of R&D and Production Umesh Kaushik, alongside over 200 employees.
The facility is among the larger IVD manufacturing setups in India and was completed within a short timeframe, according to the company. It was developed with financial backing from investors, including Xponentia Capital.
Further details on the facility’s production capacity and operational timeline are expected to be released in the coming days.