During past few decades, Medical science has witnessed availability of revolutionary tools and techniques in the fields of Imaging as well as Laboratory (in vitro) tests. These developments have brought many solutions to medical professionals and many challenges for In Vitro Diagnostic(IVD) manufacturers who are expected to translate researches into products in shortest possible time. However, the process of industrial R&D is market driven and therefore major thrust coming from wealthy, developed nations is focused on the so-called “Life-style diseases” while many infectious diseases which are prevalent in poor, developing nations receive meagre attention from Industry. Being located in India and committed to indigenisation through in-house R&D efforts, SPAN’s R&D activities have been directed towards development of tests for diagnosis of these “neglected diseases” which needs tests based on platforms which are appropriate for resource poor countries. While this is a matter of philosophy and passion, it invariably causes a crunch in the revenue potential for the company. Yet it is a matter of great satisfaction that all those who work at SPAN has shown full commitment to this idealistic approach and built up a strong company in its existence for nearly four decades. Today, SPAN can boast about several innovative products at an affordable price, well suited for the needs of resource poor situations. Even though we are nearly four decades old Company, at heart we are still young, ready to take newer challenges and strive for continual improvements in our manufacturing and marketing prowess in order to offer affordable diagnostics solutions to our customers. While our past efforts have helped us to emerge as a leading Indian diagnostic company, we constantly invite newer and tougher challenges to help us evolve as a globally leading diagnostic company. It is our ongoing commitment to put our customers – all health care professionals & patients first. We are aware that many of the less privileged patients who live in developing countries do not have access to proper and timely diagnostic solutions. We constantly strive to make our products affordable and improve access to them for all who need them, where ever they live. We at Span always respect and live by our core values, the most important of which are Trust, Commitment and Ethics. These values are reflected in practices of our people and always take precedence over business objectives or profit. We will continue to build Span by becoming exemplary corporate citizens and committing to all stake holders associated with it. |