Fischer Medical Ventures’ Material Subsidiary -- Time Medical International Ventures (India) has received board's approval to invest $12.5 million in Nanomedic Technologies and Solutions. The objective of investment is for diversification and expansion of business. Nanomedic Technologies is a company incorporated in Singapore, engaged in the Manufacturing of its innovative Spincare System platform for advanced wound treatment.
Fischer Medical Ventures is engaged in the trading of certain grades of Laboratory Chemicals.