Medical devices company Terumo India inks pact with Argon Medical to expand portfolio

Making the announcement, Shishir Agarwal, MD of Terumo India, said, "Bridging the industry gap in providing patient focused solutions for healthcare providers is a priority for Terumo. We are delighted to introduce Argon products in India, which represent the gold standard for Biopsy Devices and complements our portfolio of Vascular Solutions, Access and Core Products."

Commenting on the development, Argon Medical's President and CEO, George Leondis said, "At Argon Medical, we take pride in our mission to improve the lives of patients and caregivers through innovation, manufacturing and delivery of best-in-class devices. We are excited to work together with Terumo India in this new long-term partnership, to make our products available in India and improve patient care." 

Cancer is one of the most prevalent chronic diseases in India today. With over 1.4 M cancer patients being diagnosed annually, the need for biopsies has multiplied significantly. Other diseases such as Chronic Kidney Disease, have over 16% prevalence within the Indian population. There is a significant unmet need to provide the latest technologies and tools for procedures such as Biopsies, AV Access and Deep Vein Thrombosis treatments. Argon's portfolio comprising Biopsy, Thrombectomy and IVC Filters and Retrieval kits is expected to help bridge this gap for the Indian market.