Pune, Maharashtra-headquartered Good Glamm Group, a content-to-commerce unicorn, is expanding into the U.S. market through a joint venture with tennis legend Serena Williams' cosmetics brand Wyn Beauty. This move comes as the startup prepares for an initial public offering by next year. Wyn Beauty, a clean beauty brand, launched its...
China’s Haier “Buoyant” about the Fast-Growing Indian Market
Chinese multinational home appliances and consumer electronics company, Haier Group Corporation, headquartered in Qingdao, Shandong, is optimistic about the rapidly growing Indian market. The company aims to become the second-largest player within the next five years, with plans to achieve this goal through increased investments in manufacturing capabilities and an...
India’s Mylab Innovates for Small Diagnostics Labs
Pune, Maharashtra-based startup Mylab Discovery Solutions that develops and commercializes tests used in human diagnostics, food safety, agriculture, and veterinary medicine, will roll out its in vitro diagnostic medical devices and kits for diagnoses. These devices and reagents are specially designed to enable small to medium size laboratories and physicians’...
India’s Mylab Partners UAE’s AstraGene LLC
Pune, Maharashtra-based biotech firm Mylab Solutions announced an exclusive strategic partnership with AstraGene LLC, UAE’s first Molecular Diagnostics Manufacturing company, for developing automated molecular diagnostics for the UAE and Kuwait markets. Under the agreement, Mylab and AstraGene will co-develop molecular diagnostic solutions, including reagents, kits and fully-automated devices. This partnership...
Thermo Fisher, India’s Mylab Collaborate on Test Kits
Waltham, MA -based Thermo Fisher Scientific, which has facilities in Bangalore, partnered with Pune-based startup Mylab Discovery Solutions to source RT- PCR kits for infectious diseases. Some of the kits developed by Mylab have already received licensing rights from India's regulatory body, the Central Drugs Standard Control Organization. Mylab’s portfolio...
Germany’s Prejex Inc., Partners India’s Polybond for Needle-less Injections
Prejex Inc., a spin-off of Germany-based Prejex GMBH, entered into an agreement with Pune India-based Polybond, of the Rathi Group, to manufacture needle-less injections. This partnership has enabled the shifting of the manufacturing capabilities of the German company from Berlin to Pune. The Prejex-Polybond factory will make needle-less injections for...