Mylab Discovery Solutions
Pune-based molecular diagnostics and medical devices company. Developed India's first indigenous COVID-19 RT-PCR test kit in March 2020, followed by an ICMR-approved COVID-19 antigen test and India's first COVID-19 self-testing kit (CoviSelf). Makes diagnostic kits and instruments for infectious disease, blood-donor screening, oncology, prenatal/genetic testing, food safety, agriculture and veterinary applications.
Mylab Discovery Solutions: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 23 Jun 2023 | Secondary | ₹106 Cr | Zydus Lifesciences | source |
| 2 Apr 2020 | Undisclosed | Undisclosed | Abhijit Pawar Adar Poonawalla | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 20 Sep 2021 | Mylab Discovery Solutions | Sanskritech | Undisclosed | source |
Recent Signals
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9 Aug 2021 · ma-strategic
Mylab and US-based Hemex Health announce point-of-care diagnostics technology partnership source -
20 May 2021 · regulatory
ICMR approves Mylab's CoviSelf, India's first COVID-19 self-testing kit source -
23 Mar 2020 · regulatory
Mylab's PathoDetect kit becomes first Indian company to win commercial CDSCO approval for a COVID-19 RT-PCR test source -
1 Jan 2020 · funding
Technology Development Board grants Rs 4 crore for COVID test-kit manufacturing source
News on Mylab Discovery Solutions
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Who founded Mylab Discovery Solutions?
Mylab Discovery Solutions was founded by Hasmukh Rawal, Shailendra Kawade in 2016.
What does Mylab Discovery Solutions do?
Pune-based molecular diagnostics and medical devices company. Developed India's first indigenous COVID-19 RT-PCR test kit in March 2020, followed by an ICMR-approved COVID-19 antigen test and India's first COVID-19 self-testing kit (CoviSelf). Makes diagnostic kits and instruments for infectious disease, blood-donor screening, oncology, prenatal/genetic testing,…
Where is Mylab Discovery Solutions headquartered?
Mylab Discovery Solutions is headquartered in Pune, Maharashtra, India.
What is Mylab Discovery Solutions's business model?
Mylab Discovery Solutions's core value proposition centers on Speed of indigenous innovation, Affordable, accessible diagnostics, Accuracy and reliability, Broad, tested product portfolio.
How does Mylab Discovery Solutions make money?
Mylab Discovery Solutions's cited revenue streams include Diagnostic kits & reagents sales, Instruments & devices sales, Pandemic-era COVID-19 testing kit sales, OEM/consulting & manufacturing services.