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Safire Global Medicare Ltd.

BSE: 524418 Sector: Health care
NSE: CDRMEDICAL ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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Safire Global Medicare Ltd. (CDRMEDICAL) - Company History

Incorporated in 1988, CDR Medical Industries is into the business of hospitals / medical services. It has international tie-ups with the Comdisco Medical Equipment group, US; Cardio Control, The Netherlands; Sein Electronics, Korea; and Chilla Pulsemetric, US. The hospital consultancy division of the company executed a turnkey project at Bangalore which enabled it to increase medical equipment sales. It has participated in major medical conferences and exhibitions all over the country, which has helped it establish its products brand name and image. The bed strength of the hospital in Visakhapatnam has been increased from 100 to 150, funded by internal accruals. In 1995-96, the hospital consultancy division of the company completed two hospital projects at Secunderabad and Jeedimetla and is in the process of completeing another project at Bhubaneshwar. The hospital services division at Visakhapatnam also improved its performance and started open heart surgery programme. The company also started deposit linked medical benefit scheme -- Good Health Card -- which has recieved very good response from the patients and public.