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Home -> Finance -> Full Story

Omnicell establishes research subsidiary in India
Wednesday, August 24 2005 12:45 Hrs (IST) - World Time -

Bangalore: NASDAQ-listed Omnicell, Inc. has announced the opening of its wholly owned subsidiary in Bangalore that will operate as a research and development and quality assurance operation here.

"The India subsidiary complements our US operations", Omnicell's Executive Vice-President, Operations, Chris Drew, said in a company statement.

He added: "We decided to establish a direct presence in India to tap the talented, highly educated workforce available there and to take advantage of the attractive economics. We have made a long-term commitment to operating in India, and we expect Omnicell India to significantly enhance our development capabilities".

New Omnicell India General Manager, Rich Arnold said: "We have a great working relationship with our team in India and believe the new operation will be a positive step forward in expanding Omnicell's global reach".

According to the statement, Omnicell is a leading provider of patient safety solutions that are used in throughout the healthcare facility -- in the pharmacy, nursing units, surgical services, cath lab, and `all the way to the patient's bedside'.

PTI