LordsMed, the Diagnostic & MedTech division of Lord's Mark Industries, is a key player in India's diagnostic industry. It provides affordable, accurate solutions for non-communicable diseases like diabetes, cardiovascular diseases and cancer. Its offerings include In Vitro Diagnostic (IVD) kits, surgical consumables and advanced technologies like sickle cell and genome testing, in collaboration with IIT-Bombay.
LordsMed focuses on revolutionising healthcare, especially in rural and underserved areas, by ensuring an early diagnosis and effective treatment with quick turnaround times. Manav Teli, Director, Lord's Mark Industries Limited, talks about LordsMed's initiative in improving rural healthcare, its cost-friendly products, its various offerings and much more.
Q: Your step towards afford able healthcare is turning the Prime Minister's vision into a reality. Can you elaborate?
A: Earlier this year, AIIMS Rajkot was inaugurated by the Prime Minister. This is where LordsMed's E-Smart Clinic was installed in partnership with Unnat Bharat Abhiyan. The initiative aims to improve healthcare in rural areas by offering affordable, advanced diagnostic services, using contactless monitoring of the vitals and rapid blood tests within 20 minutes. The clinic also supports online consultations in local languages, aligning with the Government’s vision of inclusive healthcare. Additionally, LordsMed is developing cost-effective sickle cell testing kits with IIT- Bombay. This supports the National Sickle Cell Anaemia Elimination Mission, aimed at eradicating the disease by 2047, with portable kits providing results in 30 minutes for timely diagnosis in rural areas.
Q: While keeping the product’s quality in mind, how cost-friendly are LordsMed’s products as compared to its competitors?
A: LordsMed offers cost-competitive products, without compromising on quality, leveraging advanced technology and partnerships with institutions like IIT Bombay and BARC. Its IVD kits, sickle cell testing kits, and genome testing technologies are accurate, affordable, and globally certified (ISO 13485, CE). LordsMed keeps costs low by manufacturing locally while maintaining high standards and ensuring accessibility and strong competition with established brands.
Q: Name some of LordsMed’s major products?
A: LordsMed manufactures key products like IVD kits (rapid antigen, biochemistry reagents), sickle cell testing kits (in partnership with IIT- Bombay), genome testing kits, surgical consumables and oncology products like Oncodiagnoscope for non-invasive cancer detection. Additionally, it offers E-Smart Clinic solutions (contactless ICU).
Q: Can you elaborate on LordsMed pathology lab franchise?
A: LordsMed pathology lab franchise works on the hub and spoke model, we have an extensive range of network pathology labs, which provide reliable quality reports with the lowest TAT (turnaround time) and actionable information for clinicians.
Q: Can you shed some light on your state of the art in-house manufacturing units and your technology partners?
A: We have a state of the art in- house manufacturing unit based out of Mumbai with a dedicated team of R&D scientists, experienced professionals in production, QA/QC and a well-spread warehouse catering to the mammoth logistics needs of the company.
Q: How well is your diagnosis network spread across the country?
A: We have a nationwide presence, supported by our sales and marketing team along with a network of over 500 distributors covering both Tier 1 and Tier 2 cities. New partners and franchises are joining us every month, which means healthier and affordable healthcare for the nation.
