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News

  • Global tie-up to widen access to Molbio’s Truenat platform

    By The Hindu BusinessLine, March 14, 2023
    https://www.thehindubusinessline.com/news/national/global-tie-up-to-widen-access-to-molbios-truenat-platform/article66618217.ece/amp/

    Three international organisations, the Global Fund, USAID and Stop TB Partnership, have entered into a collaboration with Molbio Diagnostics to expand access to the Goa-based company’s Truenat platform.

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  • Only 17 out of 80 unicorns in India are profitable; 6 start-ups listed so far

    By Business Today, March 13, 2023
    https://www.businesstoday.in/entrepreneurship/story/only-17-out-of-80-unicorns-in-india-are-profitable-6-start-ups-listed-so-far-373233-2023-03-13

    India has only 17 profitable unicorn start-ups, according to market research platform, Tracxn. The country houses 114 unicorns of which 80 startups' data is publicly available. A unicorn is a company valued at $1 billion or above. The data has been extracted from financial statements of FY21 and FY22. Other profitable start-ups in the list are Molbio Diagnostics, Uniphore, Xpressbees, Physicswallah, IPO-bound Mamaearth, CoinDCX, and more. 

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  • Global Fund, USAID and Stop TB Partnership's New Collaboration With Molbio Diagnostics Will Increase Access to Rapid Molecular Tests for TB

    By The Global Fund, March 09, 2023
    https://www.theglobalfund.org/en/news/2023/2023-03-09-global-fund-usaid-stop-tb-partnership-molbio-diagnostics-rapid-molecular-tests-tb/

    The Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund), the United States Agency for International Development (USAID) and the Stop TB Partnership announced a new collaboration today with Molbio Diagnostics that significantly reduces the price of the Truenat® MTB and MTB Plus tests, including a supply of MTB-RIF Dx tests for subsequent testing for rifampicin resistance, and ensures timely service and maintenance of diagnostic instruments.

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  • Molbio Diagnostics announces largest multi-country roll-out of TB test

    By Tire Laboratory, March 06, 2023
    https://tirelaboratory.com/molbio-diagnostics-announces-largest-multi-country-roll-out-of-tb-test/

    Molbio Diagnostics has made a significant contribution to tackling tuberculosis (TB) through its latest announcement of the largest multi-country roll-out of a TB test. The Indian-based company has developed a breakthrough technology called TrueNat, which offers accurate and affordable testing for TB within 60 minutes.

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  • India hasn’t produced a single startup Unicorn in the last 5 months

    By OfficeChai, March 05, 2023
    https://officechai.com/startups/india-hasnt-produced-a-single-startup-unicorn-in-the-last-5-months/

    The last startup to reach the $1 billion valuation in India was Goa-based diagnostics chain Molbio Diagnostics, which had raised funds at a valuation of $1.6 billion in September 2022.

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  • Five Kashmir districts report zero TB cases: Survey

    By the Rising Kashmir, February 01, 2023
    http://risingkashmir.com/five-kashmir-districts-report-zero-tb-cases-survey

    Five districts in Kashmir have reported zero Tuberculosis cases, as per a District Level Annual Survey conducted by National Tuberculosis Elimination Program (NTEP) Kashmir for the Sub National Certification.

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  • Molbio Diagnostics launches test to expand its Multi-Drug Resistant TB portfolio

    By The Financial Express, January 12, 2023
    https://www.financialexpress.com/healthcare/diagnostic/molbio-diagnostics-launches-test-to-expand-its-multi-drug-resistant-tb-portfolio/2946176/

    Truenat MTB-INH is also expected to play a major role internationally, in high TB-burden countries as well as countries that already have a policy in place for INH testing on all TB-positive samples, it claimed.

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  • Molbio Diagnostics placed 275th among India’s top 500 companies

    By Navhind Times, December 05, 2022
    https://www.navhindtimes.in/2022/12/05/magazines/bnc/molbio-diagnostics-placed-275th-among-indias-top-500-companies/

    For the first time a Goan company Molbio Diagnostics, Verna  figured among India’s 500 most valuable companies ranking published in the second edition of 2022 Burgundy Private Hurun India 500.

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  • Molbio Diagnostics looking to expand test menu on its Truenat platform

    Sohini Das, Business Standard, September 01, 2022
    https://www.business-standard.com/article/companies/molbio-diagnostics-looking-to-expand-test-menu-on-its-truenat-platform-122083100814_1.html

    Goa-based Molbio Diagnostics, which came up with a portable, battery operated RT-PCR point of care testing system that revolutionised India’s Covid-19 testing in the hinterland, is now planning to develop a plethora of tests to fuel its future growth

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  • Goa showcases ‘Make in India’ for the World in Diagnostics -Largest Multi-Country Roll-Out of the Truenat® Technology for TB Diagnosis unveiled

    Medicare News, August 25, 2022
    https://medicarepharmabusiness.com/goa-showcases-make-in-india-for-the-world-in-diagnostics/

    Goa based diagnostic company showcases its unique Truenat® Technology which is all set to come in handy for many countries in the elimination of Tuberculosis (TB). The hallmark of this technology is unprecedented maximum accuracy, duly endorsed by WHO (World Health Organization).

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