Genuine Biosystem

Chennai, India Founded: 2008 • Age: 18 yrs
An Indian company manufacturing in-vitro diagnostic products, reagents, and instruments.

About Genuine Biosystem

Genuine Biosystem is a Healthcare company based in Chennai (India) founded in 2008 by Muthusamy Dhanasekaran Sanjay KSolanki. It operates as an an Indian company manufacturing in-vitro diagnostic products, reagents, and instruments. It operates on a B2B model. The company has 63 employees. Its chief executive is Muthusamy Dhanasekaran Sanjay KSolanki. Its Indian entity Genuine Biosystem Private Limited reported revenue of β‚Ή25.06 Cr. Genuine Biosystem offers products and services including Reagents, Instruments, Rapid Cards, and Urine Strips. Its focus areas include Health and Life Sciences, Medical Devices, Diagnostics and Reagents and Instruments. Its competitors include Roche, EKF, SonoSite, Cordant Health Solutions and NVision Imaging Technologies and 4 more; 7 of its 9 listed competitors have raised funding.

Company details

Genuine Biosystem, established in 2008 in Chennai, India, is a manufacturer of in-vitro diagnostic products including reagents and instruments. They focus on affordable, quality diagnostics for medical and clinical use, serving global customers through exports and OEM services. The company emphasizes innovation in healthcare solutions and maintains excellence in product development and supply.

  • Headquarters Chennai, India
  • Employees 63
  • Founders Muthusamy Dhanasekaran Sanjay KSolanki
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website genuinebiosystem.com
  • Legal Name Genuine Biosystem Private Limited
  • Date of Incorporation 24 Jun, 2013
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹25.06 Cr

    FY 2024 · +26% YoY

  • Net Profit
    ₹85.7 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹3.10 Cr

    FY 2024 · 12% margin

  • Employee Count
    63

Products & Services of Genuine Biosystem

Genuine Biosystem offers a comprehensive portfolio of products and services, including Reagents, Instruments, Rapid Cards, and Urine Strips.

Reagents
Diagnostics

Diagnostic reagents for clinical chemistry and immunoturbidimetry tests

Instruments
Medical Devices

Analyzers for biochemistry, hematology, and electrolyte testing

Rapid Cards
Diagnostics

Test cards for quick and reliable serological diagnoses

Urine Strips
Diagnostics

Strips for simplifying laboratory urine analysis processes

Board of directors of Genuine Biosystem Private Limited (Genuine Biosystem)

Genuine Biosystem Private Limited is the primary company behind Genuine Biosystem. The board of Genuine Biosystem Private Limited currently have 4 directors; the longest-serving is Shyamala Dhanasekaran, appointed in 2013.

DirectorDesignationAppointedTenureEntity
Shyamala Dhanasekaran
DIN 06467357
Director24 Jun 201313 yrs 3 moGenuine Biosystem Private Limited
Dhanasekaran Muthusamy
DIN 06467353
Director24 Jun 201313 yrs 3 moGenuine Biosystem Private Limited
Manju
DIN 06489283
Director24 Jun 201313 yrs 3 moGenuine Biosystem Private Limited
Sudarsanraj Sanjay Kumar
DIN 06972501
Director01 Oct 201412 yrsGenuine Biosystem Private Limited

People of Genuine Biosystem

1 people are tracked at Genuine Biosystem (1 in leadership); the tracked headcount is 63.

NameRoleGroup
Muthusamy Dhanasekaran Sanjay KSolanki
Founder, CEOLeadership
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Financials of Genuine Biosystem

Figures of Genuine Biosystem Private Limited, the primary company behind Genuine Biosystem, for FY 2024. Revenue was ₹25.06 Cr (+26% year on year). Net profit was ₹85.7 Lakh (3% margin). EBITDA was ₹3.10 Cr (12% margin). Revenue has grown at a compounded annual rate of -3% over three years and +33% over five years.

  • ₹25.06 CrRevenue · FY 2024 · +26% YoY
  • ₹85.7 LakhNet profit · 3% margin
  • ₹3.10 CrEBITDA · 12% margin
  • ₹83.6 LakhPaid-up capital
  • 63Employees (provident fund records)
  • -3%Revenue CAGR, 3 years
  • +33%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Genuine Biosystem Private Limited are on its company page.

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Competitors of Genuine Biosystem

Genuine Biosystem has 9 listed competitors in our database, 7 of them funded. They include Roche, EKF, SonoSite, Cordant Health Solutions and NVision Imaging Technologies, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
roche.com1896Basel, Switzerland–2,382
Pharmaceuticals and diagnostics kits are developed for various diseases.
ekfdiagnostics.com1990Penarth, United Kingdom$178,634386
Point-of-care and laboratory blood analyzers are developed by EKF.
sonosite.com1986Bothell, United States–606
Hand-carried ultrasound systems for medical specialties are developed and distributed.
cordantsolutions.com2012Denver, United States$13.44M669
Drug testing services are offered for clinical trials and workplaces.
nvision-imaging.com2015Ulm, Germany$30M30
Medical imaging is provided through quantum technologies.
procisedx.com2018San Diego, United States$8.96M–
Point-of-care diagnostic devices for immunoassay tests are provided to clinicians.
lumiradx.com2014Waltham, United States$703.91M–
Cloud based diagnostics platform for point of care diagnosing
spinchip.no2012Oslo, Norway$23.42M30
In-vitro diagnostic test cartridges are developed and manufactured via R&D.
atmobiosciences.com2017Melbourne, Australia$7.01M–
Swallowable sensors for profiling intestinal gases
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Detailed competitors of Genuine Biosystem

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Web traffic of Genuine Biosystem

The website of Genuine Biosystem (genuinebiosystem.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▲ 19.8% vs previous month

Top companies in Diagnostics & Lab Tech

10 companies that operate in the same segment as Genuine Biosystem (Diagnostics & Lab Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pharmaceuticals and diagnostics kits are developed for various diseases.
1896Basel, Basel-stadt, Switzerland–USD 77.61 B103,250
At-home health tests for biomarkers, nutrition, and hormone analysis.
2014Austin, Texas, United StatesUSD 330 M–336
Point-of-care and laboratory blood analyzers are developed by EKF.
1990Penarth, Wales, United KingdomUSD 178.63 KUSD 69.43 M303
Blood testing services are offered using finger-prick microsamples.
2017Austin, Texas, United StatesUSD 37.7 M––
Manufactures clinical diagnostic test kits
1971Irvine, California, United States–USD 4.45 M54
Biomarker-based diagnostic solutions for cancer and cardiovascular diseases are developed.
2002Hennigsdorf, Brandenburg, GermanyUSD 36.14 M––
Diagnostic instrumentation and assays
1987Puteaux, Hauts-de-seine, France–––
Manufacturer of Laboratory equipment
1955Norwood, Massachusetts, United States–––
Cloud based diagnostics platform for point of care diagnosing
2014Waltham, Massachusetts, United StatesUSD 703.91 MUSD 115.02 K9
Diagnostics technology for infectious diseases and health monitoring is provided.
2012Hong Kong, ChinaUSD 34 M––
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Frequently Asked Questions about Genuine Biosystem

Genuine Biosystem was founded in 2008.

Genuine Biosystem is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Muthusamy Dhanasekaran Sanjay KSolanki is the current CEO of Genuine Biosystem. They have also founded this company.

Genuine Biosystem has 63 employees.

The primary company behind Genuine Biosystem, Genuine Biosystem Private Limited, reported revenue of β‚Ή25.06 Cr for FY 2024, up 26% year on year.

Genuine Biosystem, established in 2008 in Chennai, India, is a manufacturer of in-vitro diagnostic products including reagents and instruments. They focus on affordable, quality diagnostics for medical and clinical use, serving global customers through exports and OEM services. The company emphasizes innovation in healthcare solutions and maintains excellence in product development and supply.

Genuine Biosystem's top competitors include Roche, EKF and LumiraDx.

Genuine Biosystem offers Reagents, Instruments, Rapid Cards, and Urine Strips.

Genuine Biosystem operates through Genuine Biosystem Private Limited.

The legal entities of Genuine Biosystem currently have 4 directors, including Sudarsanraj Sanjay Kumar, Shyamala Dhanasekaran, Dhanasekaran Muthusamy and others.

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