Fora Care Suisse AG Signs Deal with Truworth Health Technologies to Launch Diabetes and Home Health Care Products in Indian Market

ST. GALLEN, Switzerland, March 20, 2013 /PRNewswire/ --

Fora Care Suisse AG located in St. Gallen, Switzerland announced today it is partnering with Truworth Health Technologies Pvt Ltd, based in Mumbai, India to bring Fora Care's Diabetes and Home Health Care products to the indian market.  The deal was signed via memorandum of understanding to provide exclusive distribution rights for the Indian market to Truworth.

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Fora Care Suisse AG is an established supplier of innovative and secure healthcare products internationally. Truworth Health Technologies is India's leading health and wellness management company, providing products for biometric screening solutions, mobile and cloud-based health and chronic disease management solutions in the space of mHealth, Tele-health and health informatics.  Together, this distribution partnership provides extensive reach for Fora Care into the Indian market.

"More people suffer from diabetes in India than in any other country and this is a situation where we, industry leaders, should devise a strategy to help prevent the continued increase of the disease" said Ty-Minh Tan, CEO of Fora Care Suisse AG. "To that end, we believe our diabetes care range of home health devices is among the best in the world and together with Truworth Health and their connectivity solutions, we are well positioned to meet the challenge."

"In India, the preventive healthcare market, especially with respect to the diabetes management segment, is experiencing a complete overhaul as technology solutions are creating an ecosystem with a holistic approach.  It goes beyond people just measuring their blood glucose," said Rajeish Moondraa, Managing Director and CEO of Truworth Health. "Our strategic collaboration with Fora Care allows us to offer a comprehensive mobile-enabled diabetes management solution. This suite of products provides unique and simple-to-use solutions so pharmacies, hospitals and diabetologists can enable their patients to have better outcomes."

Together with Fora Care, we can create a robust distribution network in India providing opportunity for the wide range of Fora Care products across India", Moondraa added.

Contacts:
Elena Birrer
Elena.birrer@foracare.com
+41-71-220-1001
ForaCare Suisse AG
Amit Deep Kumar
amit.kumar@truworth.net
+91-99297-12666
Truworth Health Technologies Pvt Ltd

SOURCE ForaCare Suisse AG and Truworth Health Technologies Pvt Ltd