Cipla launches Cippoint - a point-of-care device

Cipla Limited (BSE: 500087; NSE: CIPLA EQ; and hereafter referred to as "Cipla") today announced the launch of Cippoint, a point-of-care testing device. This state-of-the-art device offers a wide range of testing parameters including cardiac markers, diabetes, infectious diseases, fertility, thyroid function, inflammation, metabolic markers, and coagulation markers. The device is CE IVD approved - indicating the device is approved by the European In-Vitro Diagnostic Device Directive, thus ensuring reliable testing solutions.

With entry in these new segments, Cipla has expanded its product offerings for diagnostics laboratories and aims to bridge the current gap in the diagnostic ecosystem in India by providing reliable and accurate tests at affordable prices.

Cippoint - an immunofluorescence based quantitative analyser, will allow healthcare professionals to get test results in 3 to 15 minutes, thus enabling a faster clinical decision-making process. Cippoint has an automated system and user-friendly interface which can be used even in rural areas, mobile vans, and remote areas with limited infrastructure.

Cippoint aims to enable smaller healthcare establishments provide an accurate point-of-care testing experience, ultimately improving patient health outcomes.

Commenting on the launch, CEO of One India Business, Mr. Achin Gupta said, "Cipla has always been at the forefront of addressing the global diseases burden. We are actively working towards delivering innovative solutions that enable prompt and effective diagnosis, thereby plugging gaps in the diagnostic ecosystem. This development further strengthens our vision of supporting patients across the healthcare continuum."

Shares of Cipla Limited was last trading in BSE at Rs. 1068.95 as compared to the previous close of Rs. 1060.00. The total number of shares traded during the day was 21244 in over 2130 trades.

The stock hit an intraday high of Rs. 1071.05 and intraday low of 1053.40. The net turnover during the day was Rs. 22538211.00.

Source : Equity Bulls

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Cipla INE059A01026 ProductLaunch Cippoint PointofCare TestingDevice