Agreement between Novadaq Technologies of Mississauga and Kirloskar Technologies of New Delhi

unnamedDelhi, India: Ed Fast, Minister of International Trade, and Bob Dechert, Parliamentary Secretary to the Minister of Justice, witnessed the signing of an agreement between Novadaq Technologies of Mississauga, Ontario, and Kirloskar Technologies Pvt., Ltd., of New Delhi on Thursday.

As a result of this agreement, Kirloskar Technologies will be the sole distributor of Novadaq’s Canadian-developed fluorescence-imaging technologies in India. This technology will allow surgeons and diagnostic physicians to undertake reconstructive, cardiovascular, colorectal, gynecological, cancer and vascular disease procedures with fewer post-operative complications and lower hospital costs, and without exposing patients to radiation.

Minister Fast participated at the Novadaq Technologies-Kirloskar Technologies signing ceremony during his six-day, three-city trade mission to India. India is a growing and sophisticated market in which state-of-the art medical technologies are required. This is Minister Fast’s third trade mission to India in support of Canada’s ambitious pro-trade plan to help Canadian businesses explore new export opportunities.

India is a priority market under Canada’s Global Markets Action Plan (GMAP), the blueprint for creating jobs and opportunities for Canadians through trade. Life sciences is a priority sector under GMAP, with exports totalling $7.7 billion in 2013.-