standard medical pharmaceuticals ltd Management discussions


The Company is engaged in the business of Marketing/Trading of Hospital Products & Consumables.

1. Business Overview & Outlook:

The global healthcare market is continually gaining new knowledge and innovative product development leading to optimizing costs and advanced medical interventions in hospitals and medical practices, all over the world. Millions of healthcare professionals rely on essential healthcare equipments, devices and products in delivering advanced and cost effective healthcare solutions with an objective of improving safety for patients, doctors and paramedical staff. Prevention and early diagnosis are the most important strategies in medical treatment for most diseases. Promoting healthy life style from early life is a ‘no cost’ intervention. Medical technology has been broad based where innovation plays a crucial role in sustaining health. Areas like biotechnology, pharmaceuticals and development of medical devices and equipments have all made significant contributions to improving the health of people. Anything from small innovations to larger and more complex technologies like MRI scans, artificial organs, robotic prosthetic limbs etc. has undoubtedly made an incredible impact on healthcare delivery. Healthcare industry and patients around the world can continue to benefit from technology integration, innovative healthcare and better access to information.

Your company has been in the field of marketing and trading of hospital products & consumables, therefore significant opportunities are available in revamping its business in future.

2. Company’s Performance:

The Company could not transact any business during the year under review, due to the non-availability of investible funds. However, the Company is hopeful of restarting its operations afresh.