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HCG announces definitive agreements with Strand Life

Bengaluru, Jan 4 (UNI) Healthcare Global Enterprises, Ltd. on
Thursday announced execution of definitive agreements for the
business combination of its Triesta Sciences business unit with
bioinformatics company Strand Life Sciences Pvt. Ltd.
The combination of Triesta and Strand creates an integrated
platform with end to end capabilities in precision medicine -
proprietary analytics, clinical research, access to the HCG
biorepository, genomic technologies, assay development and
validation and a network of laboratories offering a broad menu of
tests according to a release here.
Dr B S Ajaikumar, Chairman and CEO of HCG, said ''Strand and
Triesta have been working together in bioinformatics and clinical
genomics. We are now excited to combine our strengths and resources
towards redefining precision medicine. In an era of data driven
healthcare, Strand’s exceptional team of computer and life
scientists with access to a well annotated clinical substrate,
provides a unique opportunity to create exceptional value.''
Dr Ramesh Hariharan, Founder and CEO of Strand, said ''Triesta
and HCG have been pioneers in bringing the latest advancements in
molecular biomarkers into clinical practice in the country. Together
we are well on the path to building Asia’s leading integrated
analytics driven diagnostic and genomics research company. Through
this alliance we will work together to be at the forefront of
precision medicine'', he said.
UNI CNR MSP HVB CS 1534
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