On Thursday, CURA Healthcare announced the acquisition of Tuscano Equipment for an undisclosed amount.
CURA Healthcare, Chief Executive Officer, M Balasubramaniam said, “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 Tuscano Equipments said, “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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