Cipla Launches Diagnostic Device, Says It Will Provide Results In Minutes
Drugmaker Cipla said on Wednesday it has launched a diagnostic device to test for diabetes, infectious diseases, cardiac markers, thyroid function and other conditions.
Cippoint will allow healthcare professionals to get test results in 3 to 15 minutes, enabling a faster clinical decision-making process. The device has an automated system and is user-friendly and it can be used in remote areas or mobile vans, said the company.
Cipla did not disclose the device’s price and where it will be deployed: at doctors' clinics or for home-use by consumers.
Cippoint offers a wide range of parameters to test for cardiac markers, diabetes, infectious diseases, fertility, thyroid function, inflammation, metabolic markers, and coagulation markers, said the Mumbai-based company in a statement.
The device is approved by the European In-Vitro Diagnostic Device Directive, thus ensuring reliable testing solutions, it added.
"We are actively working towards delivering innovative solutions that enable prompt and effective diagnosis, thereby plugging gaps in the diagnostic ecosystem. This development further strengthens our vision of supporting patients across the healthcare continuum," said Achin Gupta, chief executive officer or Cipla One India Business.
Cipla, in FY 2021-22, launched a range of Covid-19 related diagnostic tests (antibodies and rapid antigen).
Leadership Shakeup At Citigroup Fuels Succession Rumors
Jane Fraser's recent appointment of three new executives at Citigroup has stirred speculation on Wall Street about the b... Read more
Capital One And Discover Merger: Boosting Competition And Innovation In Financial Services
The potential merger between Capital One and Discover could create a formidable competitor in the financial services ind... Read more
Citigroups Fat-Finger Error: Lessons In Financial Oversight
The financial world was taken aback when Citigroup, one of the largest global banks, was fined £62 million by UK regula... Read more
Titi Coles Legacy In Finance: Pioneering Diversity And Leadership
Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more
Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape
As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more
The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma
In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more