Ostic Pharma Pvt Ltd is a Startup incubated with SINE (Society for Innovation & Entrepreneurship), IIT Bombay, Mumbai, Maharashtra. We are an FDA and CDSCO approved facility dedicated to promote both disruptive & incremental innovation for the betterment of society. Our premier goal is to develop & provide affordable technology and products that improve people’s health & well being with a special focus on the needs of vulnerable populations.
Vision: To create a Healthy World
Mission: To promote frugal innovations for unmet need of the society
Ostic at a Glance:
● Developed R&D Lab & COVID-19 diagnostics during pandemic
● Got ICMR approval and regulatory approval (CDSCO, DCGI)
● Won various DST grants to conduct research
● Donated 82.5L worth Rapid COVID-19 Diagnostics in IITB Hospital, Nagaland, Meghalaya and Madhya Pradesh
● We are on our way to scale-up our manufacturing
We aim to promote technology-based innovations to address unmet needs of the society, seek new solutions within the healthcare sector and deliver them to the myriad.
We take pride in the quality of our products and the entire process of their development and are sincerely committed to providing apt and high-quality products to all our customers.
Our policies are based on the following four aspects:
● Novel innovation
● Product quality
● Customer satisfaction
Employees are the most valuable asset for our organization. All employees possess worthy professional skills, experience and qualities and receive regular training for their continuous professional development. We encourage all our employees to formulate and work on ideas, translating them as per market needs.
Further, we comply with applicable ordinance, legislation, regulations, recommendations and strictly adhere to the ethics of industry bodies. This commitment helps us in the continual improvement of the quality of products.
We are primed to improve profitability, competitiveness through continual improvement in quality of products as per the demands of the market.
Employees: Our dedicated team of board members, scientists, executives, HR, administrative, finance & marketing work in harmony to translate our ideas to products and services.
Role & Responsibilities: We ensure that there is an equal distribution of work and responsibilities are diverse and well-specified.
Ethical Practice: Ethical practice is of utmost importance to us and we encourage all our employees to work with honesty and integrity.
Diversity and Equity: We collaborate with different organizations and promote an equal-opportunity and respectful work-culture.
Program: Our Projects are running under national and international grants and equity based investment. We work in partnership with health caring people to improve lives under early diagnosis & early treatment/cure.
Collaborations: We work in collaboration with medical colleges, institutions, hospitals, pathology labs, national and international organizations.
Corporate Governance: Our board members coordinate with each other to execute policies for the welfare of the organization.