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Meril Life Sciences
↗Vapi, India
Meril Life Sciences is a leading Indian multinational medical device company headquartered in Vapi, Gujarat. Founded in 2006 as part of the Bilakhia Group, the company specializes in the design, development, and manufacturing of innovative medical technologies across several therapeutic areas, including vascular intervention, orthopedics, endosurgery, ENT, and in-vitro diagnostics.
The company is recognized for its commitment to R&D, operating a large-scale, certified infrastructure with over 150 dedicated R&D professionals. Meril has a global footprint, operating in over 150 countries, and has been a pioneer in developing indigenous medical technologies such as the MeRes100 bioresorbable scaffold, the Myval transcatheter aortic valve system, and the MISSO robotic-assisted surgical system.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Medical Devices
Sub-Industry:Cardiovascular, Orthopedics, Diagnostics
SIZE & FINANCIALS
Employees:5001-10000
Revenue:$500M-$600M
Founded:2006
Ownership:private
Status:operating
FUNDING
Stage:Private Equity
Total Raised:$210M
Investors:Warburg Pincus, Bilakhia Group
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Medical Device focus)
Modalities:Medical Devices, Robotics, Implants, In-vitro diagnostics
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Bilakhia Holdings
Subsidiaries:Meril Endo Surgery Private Limited, Meril Healthcare Private Limited, Meril Diagnostics Private Limited
Key Partnerships:Global distribution networks across 150+ countries, Healthcare professional training via Meril Academy
COMPETITION
Position:Leader
Competitors:Boston Scientific, Medtronic, Abbott, Stryker
LEADERSHIP
Key Executives:
Nanubhai Premjibhai Bambharolia - Director
Board Members:Nanubhai Premjibhai Bambharolia, Utpalkumar Devendrakumar Thakor, Rajnikant Gandalal Vyas
LINKS
Website:merillife.com
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