Transasia Bio-Medicals Ltd. acquires a majority stake in US based IVD company Ivax Diagnostics, Inc.

Sept. 6, 2010 - PRLog -- IVAX Diagnostics, Inc. (www.ivaxdiagnostics.com), headquartered in Miami, Florida and listed on the NYSE Amex is a fully integrated In vitro diagnostics company that develops, manufactures and distributes in the United States and internationally, proprietary diagnostic reagents, test kits and instrumentation, for Autoimmune and Infectious diseases, through its three subsidiaries: Diamedix Corporation (U.S.), Delta Biologicals S.r.l. (Europe), and ImmunoVision, Inc. (U.S.)  Transasia’s CMD, Mr.Suresh Vazirani has taken over as Chairman of the Board of Directors of  Ivax Diagnostics ,Inc.

This comes within a year of Transasia’s acquisition in September 2009 of Erba Lachema Diagnostics s.r.o, a leading diagnostic company in Europe and Russia.

The synergy thus developed will help Transasia to offer unique Immunodiagnostic innovations in its Products, Procedures and in the development of Integrated Instrument and Reagent systems for both Autoimmune and Infectious Disease detection and will help IVAX to increase its reach in the Indian Market.

IVAX products which will be made available through Transasia include Autoimmune and Infectious Disease test kits as well as fully automated ELISA systems with simplified software, custom programmability, user-friendly set-up and operation, minimum hands-on time, and true ‘walk away' capability. ImmunoVision – a member of the IVAX Diagnostics family is a leader in the autoimmune market.
The Product Portfolio is also expanded to include Immunoenzymatic and Immunoflourescence assays for Autoimmunity, Microbiology and Allergy panels.
This new basket of US FDA approved, wide spectrum, and progressive products from Transasia is definitely an added advantage which will benefit Indian customers due to high quality and affordable prices.

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About Transasia Bio-Medicals Ltd.
The company was founded by Mr.Suresh Vazirani in 1979, provides Total Solutions for Clinical Diagnosis in the field of Biochemistry, Haematology, Immunology, Critical Care, Coagulation and Urine Analysis.
The company follows a 360 degrees approach to business from Manufacturing and Marketing to Service and Research. All Manufacturing units are ISO 9001:2000 & ISO 13485:2003 certified. Transasia has the largest Sales and Installation base with over 25000 installations all over the country supported by a network of 100+ service engineers, 58 centres and 14 Zonal offices at metros & major cities.
TRANSASIA and its 100% German subsidiary, Erba Diagnostics Mannheim GmbH, with its team of experienced marketing and service professionals and an extensive distribution network spread over 65 countries worldwide, are playing a stellar role in bringing world-class products within reach of laboratories across the globe.