Omsk business delegation offer India medical innovations

The Analytica Anacon India conference. Source: Alexandra Katz

The Analytica Anacon India conference. Source: Alexandra Katz

Several companies from Russia’s Omsk region visited India with an export-oriented business mission showcasing hi-end medical research and diagnostic equipment and solutions and looking for business partners.

A business mission to India organised by Ministry of Economic Development of Russia and Omsk region Export Support centre united several companies of the Omsk region engaged in production of medical and laboratory research equipment. The companies participated in the 3-day Analytica Anacon India conference showcasing international analytical instrument products and met prospective partners during the presentations and meetings organized at Indian Merchants Chamber, Bombay Chamber of Commerce and other business platforms in Mumbai and Delhi.

Omsk, located in the south of West Siberia, is an industrial region known for large number of petrochemical and industrial machinery enterprises. According to Olga Chermoshentseva, Head of Foreign Economic Affairs Department of Omsk Regional Fund for Small Business Support and Development, the Export Support Centre was established in the city in 2012 to promote locally-made products in established markets abroad.

New image

Export-oriented foreign business missions are the new format that Russia’s Ministry of Economic Development is trying to implement within its recently adopted concept of forming a “new image” of Russian trade missions in foreign countries.

“The special thing about current business mission in India is that, firstly, we are conducting this mission with the support of regional Export Support centre, secondly, the mission is focused on developing of small enterprises foreign trade potential,” says Dr. Yaroslav Tarasyuk, deputy director, Department of Asia and Africa, Ministry of Economic Development of Russian Federation. “Thirdly, most of the time spent by delegation in Mumbai was invested in making useful business contacts.”

Tarasyuk, who is leading the delegation, added that medicine and pharmaceutics are the field where Russia and India have huge potential for cooperation. While India had reached significant results in developing of pharmaceutical industry, Russia had progressed in designing and production of innovative medical equipment.

From Russia with innovations

Among companies participating in the business mission was Metromed Ltd, one of the leading enterprises in Russia engaged in specific research of the impact of concentrated energy sources (ultrasound, laser radiation, thermal, magnetic and electric fields, etc.) on human organism’s tissues, organs and biological system. Based on these researches the company created and patented innovative treatment methods and hi-end equipment.

Source: Alexandra Katz

The company has above 20 various medical devices registered and certified in Russia. During the exhibition in Mumbai the company showcased some of them. Valery Pedder, Managing Director of Metromed, said the company was interested in exporting its devices to India though it would be looking for distributors that are ready to handle the certification process in India. “We are also ready to discuss bringing Indian doctors to Russia to train them to work with our equipment,” he added.

Another Omsk-based company looking for distributors in India is research-and-production company Dial, LLC which develops and manufactures hardware-cum-software systems based on Valeo-technology that allows diagnosing all organs and body systems through non-invasive screening methods. One of Dial’s innovative solutions is blood testing without actual blood collection.

Another example of non-invasive diagnostics was presented by Test-Lab, a young company which had created advanced solution for diagnostics of diseases using human saliva instead of blood. Ludmila Belskaya, Director of Test-Lab, explained that this innovative method based on composition and structural properties of human saliva allows conducting tests for various diseases such as hypertension, diabetes and diseases of oral cavity.

Precision Electronics, LLC engaged in developing and production of radio medical equipment and appliances, presented a large portfolio of medical devices for diagnostic and rehabilitation of the functional state of human organism in collaboration with the Omsk State Medical Academy. Dmitri Klypin, Director of Precision Electronics, said the company was searching not only for distributors or trade representatives in India but for Indian partners licensed to produce medical equipment for future joint production.

The Omsk delegation included representatives of several pharmaceutical companies. One of them, Biomedservice, specializing in the wholesale and retail trading of immune-biological preparations, came to India aiming to find a supplier of immune-biological drugs that is interested in long-term supplies to Russia, particularly Siberia.  

Another important part of the mission was presentation of Technology Platform “Medicine of Future” represented by Belgorod State National Research University. There are more than 20 Technological Platforms in Russia in different fields from medicine to bio-energy to aviation technologies, Yaroslav Tarasyuk said. The main idea of such platforms is to engage academic institutes and business, not only within Russian but abroad, to create the infrastructure of applied scientific R&D demanded by government.

Source: Alexandra Katz

“We are always eager to support the companies on their way into India. At the same time we are requesting business to update us on the developments of their cooperation with Indian partners so that we can provide timely and sufficient help to such companies whenever required”, Sergey Kolesnikov, Deputy Trade Commissioner of the Trade Representation of Russian Federation in India said.

He warned Omsk delegates that there were cases when Russian companies while trying to establish operations in India faced legal, taxation and other issues due to lack of knowledge of country’s specifics. Omsk businessmen are yet to go into details of doing business in India.

 “The Omsk Regional Fund for Small Business Support and Development is a very active institution. Its leaders and the companies participating in this business mission were well prepared for it. In Mumbai alone seven MOU agreements were signed,” Tarasyuk said commenting on the outcomes of the mission. 

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