The global laboratory supplies market size was valued at USD 34.7 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.6 percent during 2022 - 2030, as per Grand View Research. Laboratory supplies in totality comprises of the capital goods (equipment, instruments, tools & techniques) and consumables (chemicals, glassware and plasticware).
Since the Government’s initiatives to modernize and upgrade laboratory infrastructure in India, there has been a rise in demand for high-quality laboratory standards and tailor-made solutions for research institutions, hospitals, and other healthcare facilities.
Vasco Scientifics Pvt Ltd, the parent company of VM Sciences, has had a commendable 5-decade long journey in stock and supply of laboratory consumables, bridging the gap between source and user with their experience and expertise. VM Sciences was born in 2007, and the firm aims to transform and contribute to the life science industry vis-à-vis the inception of speciality compounds followed by induction of rapid identification and detection, contamination control tools, techniques & strategies for clean rooms, enhanced solutions for occupational safety & avoidance of cross-contamination in analytical laboratory and tailor-made solutions catering to diverse requirements in laboratories.
The increasing volume of clinical laboratory tests and life science research investigations is driving the demand for laboratory equipment, and this is where VM Sciences plays a key role. With its operations and services spread across India and Sri Lanka, VM Sciences is recognized for its solutions that are totally compliant for Analytical chemistry & Life science laboratory; be it Pharma, Biotech, Food or Research.
These solutions offered by the firm are essential and innovative via consumables, equipment, technical assistance, helping Analytical chemistry & Life science laboratory; tools and techniques that maintain the integrity of clean rooms for pharma-biotech manufacturing.
Bridging the Gaps with Unique Offerings
While providing these laboratories solutions, key metrics is not limited to bridging the gap between source and user. The process must incorporate significant factors like compliance, quality, reliability, and value addition. Compliance is not just a single word, it means data integrity, automation, consistency etc.
These expectations can be met only when we fully walk in the shoes of the user; develop strong relationships with clients by providing problem solving solutions, excellent customer service; invest in quality control measures to ensure the product/solution meet high standards; provide training and technical support to help clients; regularly review and optimize their pricing strategies to ensure that they are offering competitive prices; and be reliable at all times.
Today, when it comes to lab equipment solutions, compliance is not just a single word, instead it means data integrity, automation, consistency. One cannot forget that we are in an age where clients are expecting cost effective and customized solutions.
From Quality and Reliability to Value of Money, VM Sciences is stepping up to fill the void with its unique strategies which includes investing in quality control measures to ensure that their products meet high standards and are reliable, Developing strong relationships with their clients by providing excellent customer service, Offering a wide range of products to meet the diverse needs of their clients, Providing training and technical support to help clients get the most out of their products and Regularly reviewing and optimizing their pricing strategies to ensure that they are offering competitive prices.
VM Sciences is recognized for their consistent support to their clients and contribution with respect to various solutions provided to save time which reduces recurring costs. The most popular ones are as follows - Decontamination time, VHP Cycle Validation & Optimisation, Avoidance of Cross-Contamination, Ready to use reference strains of precise quantity to be used in microbiology laboratory,
Innovative Endotoxin detection saving time and cost for test, AI based colony counting with total compliance, Innovative environmental monitoring online, continuous and offline, Protective coatings.
VM Sciences is briefly recognized for its Online Viable monitoring with Single Console stations for total and continuous active air sampling, AI based Colony Counter for environmental monitoring plate, Cost effective fogging systems that uses hydrogen peroxide to reduce the down time to <4hrs, Autonomous decontamination systems reducing the downtime and also count of systems required, All stainless-steel microbial air sampler with removable Li-Ion batteries.
Ductless filtration fumehoods, chemical storage cabinets for greener chemical laboratories, Laboratory air filtration systems to remove the residual chemical vapours in laboratory, Ready to use microbiological reference standards, Enzyme Indicators for understanding and assessing the VHP decontamination effectives both qualitatively and quantitatively, Locksure culture media plates and Rapid and cost-effective endotoxin detection systems.
“We have been one of the leading laboratory products suppliers in the country for over half a century now. From research institutions to schools and colleges, we have been providing laboratory consumables to the scientific community across the country. Today, Vasco group has emerged as the most dependable service provider and has earned a reputation for its absolute commitment to quality and customer satisfaction”, highlights Vinod Kumar, CEO.
Certified by TUV with ISO 9001:2015 recognition for its commitment towards quality management systems, alongwith ISO 45001:2018 certification as an indication towards their commitment to Occupational Health and Safety of our people, VM Sciences is well on its path to establish itself as preferred partner for every researcher in India to access the best laboratory products in quickest possible way.
Driven with the objective to ensure health and safety parameters with each offering, VM Sciences brings to use multiple safety solutions, speaking of which Vinod shares, “Analytical Chemistry Certainty and accuracy is essential for analytical laboratories. At VM Sciences, we combine deep analytical and regulatory expertise to ensure product precision and performance, optimal use of resources and robust documentation — ultimately delivering worry-free analytics and greater peace of mind.
For Laboratory Safety, we have a specific solution (customised filteration enclosure) to help the chemist in handling the chemicals both safely, increasing occupational safety & avoiding cross-contamination in the laboratory. When it comes to Life Science Laboratory Rapid Identification & Detection, starting from sample collection, sample preparation for analysis, Identification, detection will be left. Lastly, in Clean Rooms, a proper disinfection strategy is critical for maintaining the integrity of a clean room. We provide the wholesome approach via various tools, disinfects & detergents, garments, gloves, and so on, our highlight is we are using the advanced technology to automate the whole process of decontamination, optimise the VHP decontamination cycle times, and more".
A Notch Ahead of Rest
With their motto being ‘No compromise with quality and customer satisfaction’, VM Sciences is committed to enhancing customer delight with the focus on quality of their services to the best interests of the customers.
As a pioneer in the industry, VM Sciences is also the first to deploy some of the concepts like Usage of a cloud ERP platform a decade ago, Owning end to end logistics, Enhancing occupational safety & walking towards electrical energy conservation in a laboratory, Microbiologylab automation/ rapid technologies, Decontamination of production areas & laboratories in shortest possible time, and Alternative validation, optimisation technique for a VHP Cycle. Leveraging new solutions before other competitors has given VM Sciences an edge over the rest. Today, Vasco group is not just a leading laboratory products supplier, but it has also emerged as the most dependable service provider and has earned a reputation for its absolute commitment to quality and customer satisfaction.
Charting the Path Ahead
From starting, working on an opportunity business, of sourcing rare compounds to identifying areas of new opportunities that lead to instrumentation-based solutions into chemical & microbiology laboratories, decontamination of cleanrooms, automation in rapid identification and detection, and more, and eventually taking over potential markets like Vizag, Bangalore, Pune, Baroda, Goa and more, and lately, working on new technologies & products, VM Sciences has come a long way. It has been the journey to get from an annual income of Rs. 80.0 lakhs to Rs. 80.0 Crore over 15 years’ time.
VM Sciences is not just a leading laboratory products suppliers, but it has also emerged as the most dependable service provider and has earned a reputation for its absolute commitment to quality and customer satisfaction
In the years to come, VM Sciences is looking to build a channel for all the global manufacturers looking to sell into the Indian Pharma and Food industry but are faced with the challenge of the sheer size, complexity and diversity of the Indian Pharma market. “Our USP for introduction of any product or technology would be the collaborative and transparent approach we would work with in order to provide a platform for them to reach out to the Indian Pharma and Food market. At all points, we believe our customer is our teacher, we learn from them as they show us direction in which way we need to go and grow. We will go where they take us and in return bring them products and services beyond their expectations”, speaks Vinod.
Concluding the conversation, Vinod says, “A lot has happened with the Laboratory distribution business over the past couple of decades. Two of the major reasons could be the opening of the economy in 1991 (as it happened with many businesses) and other being the rise of the Indian Pharma Industry as global pharmacy. Especially with the manufacturers entering into the regulated markets. This evolution of distributors from a store to an enterprise will continue with lot more players coming in. All we will need is an intent to change and to identify the pain point of a customer!”.