Mylab to establish POC testing labs in India

Indian startup Mylab Discovery Solutions has acquired a majority stake in Sanskritech – the developer of Swayam- India’s first most advanced Point-of-Care (POC) testing system with over 90 test parameters and telemedicine facility. Mylab will establish POC testing labs at doctor offices, nursing homes, community health centres, airports, etc. through lab partners to enable patients to get test results faster, at a lower cost and without the need to wait for hours. Swayam is a portable diagnostic and telemedicine POC system that can be used to create a small lab anywhere. Mylab will use its expertise in diagnostic solutions development, biosensors, robotics, liquid handling to further expand the test menu and embed Artificial Intelligence which will facilitate faster reporting and consultation with the doctor and an even better experience.