'If genetic testing is done at the appropriate stage, some diseases can be prevented, cured or managed better.'
The Indian diagnostics industry has been rapidly evolving over the years and its emerged to be a key component of the healthcare segment. The arrival of Covid-19 pandemic pushed the healthcare industry to the sting worldwide by throwing many challenges, and therefore the diagnostic sector too witnessed a large transition during this phase. Whether its about keeping pace with the concept of telemedicine or addressing the change within the consumer psyche, the diagnostic sector has been facing different challenges with the increase of covid cases. As COVID-19 has spread, Indias diagnostic sector has been battling the virus at the forefront. In conversation with Financial Express Neeraj Gupta, Founder and CEO of Genes2me shared his experience and threw light on the challenges, learnings, and therefore the road ahead for the diagnostic businesses in India. Excerpts:
How has the diagnostic sector evolved since the arrival of Covid-19? Being an industry leader, what were some initial challenges you faced?Previously, the molecular diagnostic sector was not harnessed. We have seen that pandemic pushed the healthcare industry to the edge, but Indias diagnostic sector rose to meet the challenges. As COVID-19 has spread, Indias diagnostic sector has been combating the virus at the forefront. Initially, the Indian health care system was not fully prepared for such a massive crisis like COVID-19. We faced challenges regarding imports for raw materials and logistics due to global supply chain disruptions. This is also one of the reasons why we decided to use our expertise in molecular diagnostics and expand the portfolio into IVD manufacturing.
How has Genes2me come to the forefront during the pandemic? Tell us about your journey of delivering 40 Million covid test kits in India to date.
We take pride in the fact that Genes2Me has been working at the front line from the very first day of the pandemic. We developed several IVD kits, including Real-Time PCR Kits, VTM Kit, RNA Extraction Kits, NGS Kits and multiplexed genotyping assays for COVID-19 detection in a quick turnaround time.
Our ViralDtect-II Real-Time PCR Kit for COVID-19 has been a real turning point. It was the first Made in India Real-Time PCR Kit with comprehensive coverage of three genes that are specific to SARS-COV-2.
Also, there have been reports of new strains of SARS-COV-2 being detected. Genes2Me has developed a Unique Mutation Classifier assay that can rapidly differentiate 40 variants between 16 SARS-CoV-2 strains. This can help in the quick genetic screening of large sections of the population.
Genes2Me have been working tirelessly and have delivered more than 40 million COVID-19 testing kits to date. Also, to meet the sudden demand surge of the second Covid wave, we ramped our manufacturing facility from 9million per month to 6 million per week. In fact, during this time, Genes2Me contributed over 20% of the entire Indian testing needs for RT-PCR.
From where the idea of stepping into manufacturing IVD kits came under the Make in India initiative? What have been the challenges and opportunities?
When the pandemic hit us, not many diagnostic labs had the necessary infrastructure or accreditations to offer Covid testing facilities. As the pandemic gathered force, there was not only demand for faster testing but also testing in much higher volumes. The response to that struggle was the idea behind IVD kits under the Make in India initiative.The Indian government has taken progressive steps to boost the capacities of the domestic IVD sector. Genes2Me is also working to collaborate with the government and prestigious medical institutes to offer services on the innovative classifier panel of SARS-COV-2. In this manner, we can all be better prepared to face the challenges posed by this virus frequently changing genetic makeup.
What changes should diagnostic companies bring to fight the pandemic and meet the current market demand?
Post Covid-19, we have seen the entry of many companies into the Molecular Diagnostics Testing and Kit Manufacturing segment. Unfortunately, not many companies have been able to deliver quality genetic solutions in a fast turnaround time. This is evident from the fact that around 10-15 players used to compete in the Tender queries of IVD products till last year. But now, only 4-5 bidders are participating in the Tender queries as most of the companies have failed to satisfy customer expectations of Quality Product.
If you want to build a sustainable diagnostic company, you should maintain Quality Manufacturing and Testing Standards. Genes2Me has responded by building capacities and training faster to keep up with the surge without compromising the sensitivity of Genetic Solutions.
What have been some recent developments and future plans of Genes2me?
Genes2Me is vigorously working to leverage the large installed base of molecular testing platforms across the globe. With the help of our expertise and access to advanced technologies, we have developed several assays for Infectious diseases, Oncology and Reproductive Health in India. In the past, most of these test panels were import-dependent from other countries.
In addition, under the Make in India initiative, we are working to develop diverse nucleic acid research and diagnostics solutions along with NGS reagents for genome sequencing. Again, these solutions were dependent on import from different nations.
Genes2Me has also ramped up Covid-19 testing facilities by installing more infrastructure, hiring manpower and training them meticulously to ensure smooth functioning. Our advanced high throughput Real-Time PCR testing Lab at Gurgaon, Haryana, has an unmatched capacity to perform 8K-10K tests per day.
How do you see the future of Genetic Diagnostics in India?
India has a population of more than 1.26 billion people, with 26 million births occurring every year. This means that the burden of a genetic disease is very high. With the help of genetic diagnostics, many diseases can be predicted with great accuracy. If genetic testing is done at the appropriate stage, some diseases can be prevented, cured or managed better.
Genetics diagnostics in India is on the verge of transformation. There has been widespread awareness and recognition of the increasing incidence of congenital and hereditary genetic diseases in urban India. More and more people are seeking genetic testing and counselling services. Genetic diagnostic in India will evolve from a niche speciality to a wide scope of applications for complex diseases and personal use.
Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know markets Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.
Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.
Continue reading here:
Genetics diagnostics in India is on the verge of transformation: Neeraj Gupta, Founder and CEO of Genes2me - The Financial Express
- Seattle Genetics Reports Fourth Quarter and Year 2011 Financial Results [Last Updated On: February 13th, 2012] [Originally Added On: February 13th, 2012]
- Seattle Genetics Loss Narrows; But Stock Down - Update [Last Updated On: February 14th, 2012] [Originally Added On: February 14th, 2012]
- Seattle Genetics Highlights Updated Survival Data from ADCETRIS® Pivotal Trial in Patients with Relapsed or Refractory ... [Last Updated On: June 15th, 2012] [Originally Added On: June 15th, 2012]
- A Growth-Free Quarter -- and That's OK [Last Updated On: August 11th, 2012] [Originally Added On: August 11th, 2012]
- Seattle Genetics and Millennium Complete Enrollment in Phase III AETHERA Trial of ADCETRIS® for Post-Transplant ... [Last Updated On: September 25th, 2012] [Originally Added On: September 25th, 2012]
- ORF Genetics to Offer endotoxin- and Animal-free FGFb and mLIF for Stem Cell Research [Last Updated On: October 4th, 2012] [Originally Added On: October 4th, 2012]
- FAQ-4 of 19: What Chance That Stem Cells Will Help Me When I Get Stem Cell Therapy - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- FAQ-4 of 19: What Is My Chance of Success With Stem Cells in Stem Cell Therapy - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- FAQ-3 of 19 -How Do Stem Cells Work in Stem Cell Therapy? - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- Stem Cell Therapy for osteoarthritis Cosmetic Surgery Thailand Review - Urban Beauty Thailand - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- [RMS] C-Class Stem Cell Processing Center (SPC) - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- FAQ-4 19- What Chances for Stem Cell Success When I Get Stem Cell Therapy? - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- FAQ-4 19- What Chance Stem Cells Can Help Me After Stem Cell Therapy? - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- Is stem cell therapy really effective? - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- STEM CELL THERAPY cure HIV patient - Video [Last Updated On: November 1st, 2012] [Originally Added On: November 1st, 2012]
- Seattle Genetics Announces ADCETRIS® Receives European Commission Conditional Marketing Authorization [Last Updated On: November 6th, 2012] [Originally Added On: November 6th, 2012]
- Seattle Genetics Highlights ADCETRIS® (Brentuximab Vedotin) Data in Relapsed Hodgkin Lymphoma and Other CD30-Positive ... [Last Updated On: December 13th, 2012] [Originally Added On: December 13th, 2012]
- Seattle Genetics Highlights Data Presentations from Genentech ADC Collaborator Programs at ASH Annual Meeting [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Seattle Genetics Highlights Next Generation Antibody-Drug Conjugate SGN-CD33A at ASH Annual Meeting [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Clinical Data from NewLink Genetics' HyperAcute Prostate Cancer Immunotherapy Published in Journal of Immunotherapy [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Seattle Genetics Announces Data from Investigator-Sponsored Trials of ADCETRIS® (Brentuximab Vedotin) in Cutaneous T ... [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Seattle Genetics Reports Data from Phase I Trial of ADCETRIS® (Brentuximab Vedotin) in Front-line Hodgkin Lymphoma at ... [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Seattle Genetics to test possible new Adcetris use [Last Updated On: December 16th, 2012] [Originally Added On: December 16th, 2012]
- Myriad Genetics to Present at the 2013 J.P. Morgan Annual Healthcare Conference [Last Updated On: December 18th, 2012] [Originally Added On: December 18th, 2012]
- Data From SGEN on Cancer Candidate [Last Updated On: January 30th, 2013] [Originally Added On: January 30th, 2013]
- Health Canada Approves ADCETRIS® (Brentuximab Vedotin) for the Treatment of Relapsed or Refractory Hodgkin Lymphoma ... [Last Updated On: February 2nd, 2013] [Originally Added On: February 2nd, 2013]
- Canada Approves Seattle Genetics' Adcetris [Last Updated On: February 5th, 2013] [Originally Added On: February 5th, 2013]
- Canada Approves Seattle Genetics' Adcetris - Analyst Blog [Last Updated On: February 5th, 2013] [Originally Added On: February 5th, 2013]
- ADC Data from Seattle Genetics [Last Updated On: April 11th, 2013] [Originally Added On: April 11th, 2013]
- Genetics of alcoholism research [Last Updated On: April 16th, 2013] [Originally Added On: April 16th, 2013]
- Genetics Policy Institute and univerCELLmarket to co-publish 360 – the Free Newsletter Covering Stem Cells and ... [Last Updated On: April 29th, 2013] [Originally Added On: April 29th, 2013]
- Genetics Policy Institute and univerCELLmarket to co-publish 360 – the Free Newsletter Covering Stem Cells and ... [Last Updated On: May 2nd, 2013] [Originally Added On: May 2nd, 2013]
- Genetics Policy Institute Opens Washington, D.C. Office [Last Updated On: May 7th, 2013] [Originally Added On: May 7th, 2013]
- Seattle Genetics Announces Initiation of Phase 1/2 Trial of ADCETRIS® (Brentuximab Vedotin) in Combination with ... [Last Updated On: June 11th, 2013] [Originally Added On: June 11th, 2013]
- Seattle Genetics Announces Initiation of Phase 1/2 Trial of ADCETRIS® (Brentuximab Vedotin) in Combination with ... [Last Updated On: June 17th, 2013] [Originally Added On: June 17th, 2013]
- Takeda and Seattle Genetics Highlight Post-Hoc Analysis Examining Progression-free Survival with ADCETRIS® ... [Last Updated On: June 19th, 2013] [Originally Added On: June 19th, 2013]
- Seattle Genetics Highlights ADCETRIS® (Brentuximab Vedotin) Clinical Data at International Conference on Malignant ... [Last Updated On: June 22nd, 2013] [Originally Added On: June 22nd, 2013]
- SGEN/Astellas to Co-Develop Another ADC [Last Updated On: June 30th, 2013] [Originally Added On: June 30th, 2013]
- Life Stem Genetics is Pleased to Announce That It Has Completed the First $500,000 Private Placement of the Recently ... [Last Updated On: October 22nd, 2013] [Originally Added On: October 22nd, 2013]
- Life Stem Genetics Strengthens Its Executive Advisory Board by Adding MBAs Matthew Sullivan and Shahab Bakhtyar [Last Updated On: October 29th, 2013] [Originally Added On: October 29th, 2013]
- Seattle Genetics, Inc. Posts Record Adcetris Sales [Last Updated On: October 31st, 2014] [Originally Added On: October 31st, 2014]
- Inbreeding - Wikipedia, the free encyclopedia [Last Updated On: May 9th, 2015] [Originally Added On: May 9th, 2015]
- Genetics of Colorectal Cancer - National Cancer Institute [Last Updated On: July 16th, 2015] [Originally Added On: July 16th, 2015]
- Seattle Genetics: Advancing Antibody-Drug Conjugates for ... [Last Updated On: August 18th, 2015] [Originally Added On: August 18th, 2015]
- genetics | Britannica.com [Last Updated On: August 25th, 2015] [Originally Added On: August 25th, 2015]
- Genetics and Genetic Disorders and Diseases - WebMD [Last Updated On: September 2nd, 2015] [Originally Added On: September 2nd, 2015]
- Genetics - Biology [Last Updated On: September 2nd, 2015] [Originally Added On: September 2nd, 2015]
- Genetics: MedlinePlus Medical Encyclopedia [Last Updated On: September 2nd, 2015] [Originally Added On: September 2nd, 2015]
- Genetics of Skin Cancer - National Cancer Institute [Last Updated On: September 13th, 2015] [Originally Added On: September 13th, 2015]
- Genetics in Georgia | New Georgia Encyclopedia [Last Updated On: September 15th, 2015] [Originally Added On: September 15th, 2015]
- Faculty & Staff | Directory | Medical Partnership [Last Updated On: October 5th, 2015] [Originally Added On: October 5th, 2015]
- Genetics | Learn Science at Scitable [Last Updated On: October 12th, 2015] [Originally Added On: October 12th, 2015]
- Genetics - Wikipedia, the free encyclopedia [Last Updated On: October 15th, 2015] [Originally Added On: October 15th, 2015]
- Department of Genetics || University of Pennsylvania [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Genetics News - Genetics Science, Genetics Technology, Genetics [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Home > Genetics | Yale School of Medicine [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Ology Genetics - AMNH [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- About Genetics | Understanding Genetics [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Genetics | Article about genetics by The Free Dictionary [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Genetics - Simple English Wikipedia, the free encyclopedia [Last Updated On: October 21st, 2015] [Originally Added On: October 21st, 2015]
- Cell Size and Scale - Learn Genetics [Last Updated On: September 24th, 2016] [Originally Added On: September 24th, 2016]
- Genetics of Prostate Cancer (PDQ)Health Professional ... [Last Updated On: September 24th, 2016] [Originally Added On: September 24th, 2016]
- Genetics of Skin Cancer (PDQ)Health Professional Version ... [Last Updated On: September 24th, 2016] [Originally Added On: September 24th, 2016]
- Basic Genetics [Last Updated On: September 26th, 2016] [Originally Added On: September 26th, 2016]
- genetics facts, information, pictures | Encyclopedia.com ... [Last Updated On: October 20th, 2016] [Originally Added On: October 20th, 2016]
- Genetics - Wikipedia [Last Updated On: October 20th, 2016] [Originally Added On: October 20th, 2016]
- How culture, passion and genetics are fueling a Nigerian takeover of US sports - CBS sports.com (blog) [Last Updated On: July 1st, 2017] [Originally Added On: July 1st, 2017]
- After vote, Accelerated Genetics slated to merge - La Crosse Tribune [Last Updated On: July 1st, 2017] [Originally Added On: July 1st, 2017]
- Autism genetics, explained | Spectrum | Autism Research News - Spectrum [Last Updated On: July 1st, 2017] [Originally Added On: July 1st, 2017]
- The problematics of genetics and the Aryan issue - The Hindu [Last Updated On: July 1st, 2017] [Originally Added On: July 1st, 2017]
- North American genetics take centre stage in Wicklow - Agriland [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Genetics may lie at the heart of crop yield limitation - Phys.org - Phys.Org [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Research in genetics promises a long-term cure to diseases : Tony Mira, CEO at Ajuba International LLC - ETHealthworld.com [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- NewLink Genetics to Host Its Second Quarter 2017 Financial Results Conference Call on July 28, 2017 - GlobeNewswire (press release) [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Immunotherapy drug targets tumor's genetics instead of body part - Monroe Evening News [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Getting tumors tested for genetics is the latest theory to help drugs target cancer - The Denver Post [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Konica Minolta, With Eye on Health Care, Nears Deal for US Genetics Firm - New York Times [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Memphis Researchers Planning Big Upgrades to Online Genetics Database - Memphis Daily News [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Mosaic (genetics) - Simple English Wikipedia, the free ... [Last Updated On: July 10th, 2017] [Originally Added On: July 10th, 2017]
- Is There a Genetic Limit to Milk Production? - Dairy Herd Management [Last Updated On: July 11th, 2017] [Originally Added On: July 11th, 2017]