On Thursday, CURA Healthcare announced the acquisition of Tuscano Equipment for an undisclosed amount.
CURA Healthcare, Chief Executive Officer, M Balasubramaniam said,Β “Tuscano is an apt for CURA Healthcare. It is one of the few Indian Research and Development Labs with ISO 13485 certification, Tuscano brings an excellent team of R&D engineers with rich experience in hardware and software”.
The Managing Director and Member (Management Team), Kannan Neelakanta of Β Tuscano Equipments said,Β “We are happy to merge with CURA. The company has presence across medical technology segments. This sector is still at a very nascent stage and majority dominated by imports”.
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