Poly Medicure Ltd - Company Profile
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Business Description
Poly Medicure Ltd (Polymed) is a medical device company that focuses on the manufacturing and export of medical devices.
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R&D Overview
The company’s R&D is primarily focused on technological developments in the market and developing new products within the existing product portfolio as well as introducing products to enter into new product verticals, particularly focusing on fluid management within the non-communicable diseases segment, including therapy areas related to oncology, nephrology and cardiology. Its R&D efforts are directed towards developing new products within existing and new product verticals, particularly in fluid management for non-communicable diseases such as oncology, nephrology, and cardiology. The company also aims to improve existing processes, enhance production cost efficiency, and develop sustainable manufacturing practices. As of June 30, 2025, the company had been granted 334 patents and had filed for 44 more globally. The company has launched several new products, including dialyzers, dialysis machines, and various catheters, and is the first Indian company to manufacture dialyzers indigenously. The R&D unit of Polymed is located at Faridabad, Haryana, and is approved by the Department of Scientific and Industrial Research (DSIR). This unit is responsible for developing new products, improving existing processes, enhancing production cost efficiency, and focusing on fluid management solutions within the non-communicable diseases segment. In FY2025, the company spent INR245.7 million on its R&D activities, grew 26.3% YoY.
Geographical Segments
Performance
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Performance
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