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HomeUAE NewsPune-based Mylab expands its presence in UAE and Kuwait through joint venture

Pune-based Mylab expands its presence in UAE and Kuwait through joint venture

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Mylab and AstraGene will jointly develop molecular diagnostic solutions, including reagents, kits and fully automated equipment.

mylab, AstraZenecaThis partnership is critical to upgrading laboratory infrastructure in the UAE and Kuwait and supporting the installation of advanced diagnostic systems in laboratories. (representative image)

Pune-based biotechnology company Mylab Discovery Solutions has announced an exclusive strategic partnership with AstraGene LLC, the UAE’s first molecular diagnostics manufacturing company, to develop automated molecular diagnostics for the UAE and Kuwaiti markets.

Under the agreement, Mylab and AstraGene will jointly develop molecular diagnostic solutions, including reagents, kits and fully automated equipment. The partnership marks Mylab’s latest international market expansion and supports the company’s strategy to make high-quality diagnostics more accessible around the world, a statement released Wednesday said.

This partnership is critical to upgrading laboratory infrastructure in the UAE and Kuwait and supporting the installation of advanced diagnostic systems in laboratories.

Hasmukh Rawal, MD, Mylab, said: “This partnership is a step towards expanding our presence in the fast-growing molecular diagnostics market. Our comprehensive portfolio of molecular diagnostics kits, together with AstraZeneca’s local expertise that will enable laboratories in the UAE and Kuwait to achieve better results and provide enhanced diagnostics
patient. “

AstraGene CEO and Founder Dr. PK Menon said they plan to launch a wide range of products in this category in the coming months.

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