Financial Daily from THE HINDU group of publications
Friday, Dec 17, 2004
Financial Daily from THE HINDU group of publications Friday, Dec 17, 2004 |
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Corporate
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Alliances & Joint Ventures Becton ties up with Hind Latex for auto-disposable syringes Our Bureau
New Delhi , Dec. 16 GLOBAL medical technology firm Becton Dickinson (BD) has entered into an alliance with Hindustan Latex Ltd to launch auto-disposable syringe in India. (Auto-disposable syringes will break if any attempt is made to reuse them.) This has been done to prevent the reuse of syringes and promote safe injections. Under the agreement between the two, BD will manufacture the syringes, while Hindustan Latex will market and distribute the syringes in the country. Based on the BD SoloShot technology for immunisation and curative purposes, the syringes will be marketed under the brand name Autolok. Besides this, the company will also launch Solomed next year. "We are introducing these syringes in a couple of months under the immunisation programme. Later, the alliance will hit the Indian market," said Mr Gray Cohen, President, BD. The company was, however, not willing to reveal the price of these products and said that these will be competitive and affordable. Mr Cohen also did not mention the initial size of the order from Hindustan Latex and merely said that he expected these to be substantial as these would be used for the national immunisation programme. The production of these syringes will partially be done in India while most of them will be manufactured in the company's Spain facility. "As the volume goes up here, we will go for manufacturing in India but in a phased manner," he added According to Mr M. Ayyapan, Managing Director, Hindustan Latex, "The company is already a leader in HIV/AIDS prevention and this collaboration expands our capabilities." The two companies will also work together to train and educate healthcare workers about safe injection practices and the new technology. Meanwhile, a recent study conducted by the Health Ministry had revealed that 60 per cent of all injections given in India were unsafe. Only recently, the Union Health Minister, Dr Anbumani Ramadoss, had said in Parliament that the Government would introduce legislation to ensure the use of auto-disable syringes in its immunisation programmes to safeguard children from contacting diseases such as AIDS.
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