A Medical Device Design & Manufacturing Company

The company designs, patents, manufactures and markets laboratory equipment and consumables for Assisted Reproductive Technology (ART) and Embryonic Stem Cell (ESC).
The company’s aim is to create a strong alternative to current global competition based on a Best-in-Class business model.This will include implementing cutting edge technology; adhering to internationally recognized quality standards for R&D and manufacturing; delivering exceptional reliability; and offering an outstanding value proposition to capitalize on Sri Lankan government concessions/free trade agreements with Asia and the Pacific region.
ART devices and consumables market was valued at $1,252.8 million in 2014, and expected to garner $3,627.2 million by 2020, registering a CAGR of 19.2%.

Location: Colombo

Amount: EUR 500,000

Proportion of Equity: 25%