Molbio Diagnostics looking to expand test menu on its Truenat platform

The company is also open to raising funds and has been in talks with PE and VC funds for the same

Goa-based Molbio Diagnostics, which came up with a portable, battery operated RT-PCR point of care testing system that revolutionised India’s Covid-19 testing in the hinterland, is now planning to develop a plethora of tests to fuel its future growth.

Chandrasekhar Nair, Director and CTO, Molbio Diagnostics tells Business Standard that the platform can do 40 different kinds of tests now, and there are another 30 tests in the pipeline.

Covid-19 has given a big push to this young molecular diagnostic company – its revenues grew from Rs 52 crore in FY20 to Rs 1,252 crore in FY21 riding on the