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Who We Are

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Welcome To The World
Of Thyrocare

Thyrocare is India's first fully automated diagnostic laboratory with a focus on providing quality at affordable costs to laboratories and hospitals in India and other countries.
Thyrocare operates with a Centralized Processing Laboratory (CPL) in Mumbai - India for esoteric tests; and Regional Processing Laboratory in major metro cities of India and other parts of Asia. We have focus on strong technologies, strong brands and strong systems that enable all laboratories to give their clients the best of science and technology at an affordable cost.
With a belief that 'Quality' is the heart of any intelligent management, Thyrocare became one of the first Indian diagnostic laboratories to obtain internationally renowned quality accreditations like ISO 9001-2000 rating as early as 2001, which is now escalated to ISO 9001:2008 and CAP (College of American Pathologists) certification in 2007.

Our clear focus on speed and accuracy further made us the first Indian laboratory to also have an IT enabled, 24×7, fully automated diagnostic laboratory set up covering over 2,00,000 sq. ft. floor space that ensures error-free processing of over 50,000 specimens and over 2,00,000 Clinical Chemistry investigations per night. Our unmatched speed factor is achieved through a combination of air-cargo logistics and IT enabled, barcoded, bi-directional systems that ensures a turnaround time of 4 to 8 hours for processing of samples that arrive at any time of the day or night.

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Our Strengths

Quality

Best of the Global brands, Best of their instruments, Best of the technologies, Best of the reagents, Best of the procedures, Best of systems, Best of IT when available to well - trained and highly focused Pathologists, Biochemists, Scientists and Technologists gives Best of the Quality.

System

IT when used ideally to integrate men, machines and methods, it delivers secured, assured, reliable and reproducible solutions even in Diagnostic industry. Analyzers, web-servers and barcodes when integrated, it gives a system that is empowered, controlled and monitored end to end.

Reach

With more and more brands using us as their cost-effective backend laboratory, Our presence grows in more and more cities, countries and continents. Thyrocare today boasts of processing 3 billion investigations in a year and having a capacity to process 10 billion in a year.

Cost

Working on Value makes a lot of sense when the operations are B2C. However when the focus is B2B, volume makes a great sense. Hence, Thyrocare has been working on cost of retail reagents for its services. A fully optimized, highly efficient, seamless automation has ensured men, material and machines delivering highest level of quality services at costs.

Focus

Our clear focus is to facilitate and standardize quality and cost of laboratory services across the world. By helping laboratories to outsource numerical pathology tests (clinical chemistry), the quality of services are ensured by a username / password. Since the costs make economical sense for laboratories which lack volumes, this unique B2B focus helps the industry.

Speed

Laboratory functions 24X7. Air-cargo functions 24 X 7 and 95% of the business is air-cargo driven. Barcoded, Bi-directionally interfaced and web server solutions enhance the speed and allow every laboratory in any continent to operate our machines as if they are present in their floor, generating results and reports within 5 hours of flight touching the runway.

Our Differentiators

Our Differentiators

Thyrocare operates with a Centralized Processing Laboratory (CPL) in Mumbai

Unique operations

Our laboratory works 24 x 7 to cater to the needs of our customers.

Unique concept

We focus on clinical chemistry and preventive care diagnosis.

Aptio (Siemens)

World’s largest and longest laboratory track automation- 1st Time in India

Unique focus

which ensure the samples reach our laboratory every night, same night.

MUT

India's First preanalytical barcoded vial sorter (MUT) and Sample Sorter (Roche).

Management

Dr. A. Velumani, Promoter, Chairman, Managing Director and Chief Executive Officer

He is a BSc in Chemistry from the University of Madras and has an MSc in Biochemistry from the University of Bombay and a PhD in Thyroid Physiology from the University of Bombay. He has over 35 years of experience in diagnostics Research and Business. After 15 years of experience in Thyroid Biochemisry Research at the Bhabha Atomic Research Centre – BARC Mumbai, He started Thyrocare in 1995. Using a unique business model in a focused Biochemistry back end laboratory, he has built an organization which got listed in National Stock Exchange in May 2017, with a stellar oversubscription of 74 times. He is also MD of Nueclear Healthcare Limited, which is a Radiology vertical, that focuses on Cyclotrons and PETCT for diagnosing and monitoring in Oncology.

Mr. A. Sundararaju, Executive Director and Chief Financial Officer

He is a graduate in law from the University of Bombay. He has over 18 years of experience in finance, legal and administrative activities. He has been in charge of the finance, legal, administrative and franchisee departments of our Company since 1996. He has been a Director on our Board since incorporation.

Vision and Mission

Mission

Being in the healthcare industry, it is the patient who is both our primary customer and concern. Ensuring that the right value is given in right time to the right patient is the test we undergo everyday successfully.

Vision

Thyrocare should serve to 50% of world's population, 50% of their diagnostic needs, at 50% of the costs. Thyrocare should be the biggest client for top 20 diagnostic manufacturing companies in the globe.

Milestones

The growth of Thyrocare reflects our quality, commitment and integrity towards delivering right reports to the patients in time. Here we speak about some of our accomplishments and great moments that made Thyrocare.

We were born

 Thyrocare was founded with single focus on thyroid testing and to provide quality reports to the patients at the most competitive rates using the Nobel prize winning technology RIA. Only 7 Tests in Menu.

 Thyroid profile launched @ Rs.100

Samples: 25 | Staffs: 4

First Automation with Immulite 1000

1997
 Introduced Web-server based reporting to laboratory testing to its network.
Samples: < 100 | Staffs: 10 

 

1998
 Introduced new tests using technology like ELISA and HEMAGGLUTINATION, started delivering using facsimile.
Samples: < 200 | Staffs: 15 | Franchisee: < 50 | Turnover: 1 Crore

 

1999
 Moved to a 2500 sq. feet premises.
 Added TORCH testing (ELISA) to the menu
Samples: < 200 | Staffs: 15 | Franchisee: < 50 | Turnover: 1 Crore

Thyrosoft to Print Reports

 Test menu of the lab increased to 50, first automated analyzer – Immulite-1000, introduced in the Lab.

 Integrated air-cargo logistics system with email reporting facility to its nationwide network was set up.

 First monthly magazine in diagnostic industry – Clinical Lab Technology, was launched to keep technicians, physicians, pathologists and lab owners updated on new and upcoming technologies in laboratory operations.
 First in-house ERP software using Foxpro was developed and launched.
Samples: 800 | Staffs: 60 | Turnover: 5 Crore

Introduced Unique Barcoding System

 Awarded a recognition by Franchisee India for innovative concept in the field of “Health Aids and Services”.
 Recorded highest number of samples since inception: 5799 samples on 14.12.2004
 Introduced the innovative system of barcoding samples nationwide – the first ever in a diagnostic industry system.
 Also introduced Bi-Directional interfacing with Servers and Analysers.
 Procured 10 nos. of Transasia XL-300 for upgrade in photometry automation.
 Nationwide Barcode Driven Project launched for labs and physicians.
 Launched Online Laboratory near International Airport, Mumbai for faster reporting.
Samples: 6000 samples | Staffs: 150 | Turnover: 22 Crore

ISO and CRISIL Certification

2001
 Accredited by ISO for commitment to Quality.
 Certified by CRISIL as Standalone Clinical Diagnostic Laboratory with Grade A.
 Launched Western blot as a confirmatory HIV test.
 Use of sprint mail to to deliver reports to the network started.
Samples: 1600 | Staffs: 80 | Turnover: 9 Crore

2002
 Entered a major agreement with Bayer Diagnostics (Presently Siemens) and launched Thyroid tests by CLIA technology using the instrument ACS 180.
 Developed and launched in-house software – Backbone (ERP) & Thyrosoft (LIMS).
Samples: 2500 | Staffs: 100 | Turnover: 13 Crore

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