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Hindustan Syringes Launches Dispojekt To Reduce Needle Stick Injuries

Company aims to capture 60-70% of disposable syringes market in India.

The Company Is Aiming To Initially Produce 200 Million Syringes And Needles Per Annum, For Which We Have Invested Approximately Rs 70 Crore In The First Phase.

Hindustan Syringes and Medical Devices (HMD), one of the leading manufacturers of disposable and auto-disable syringes, on Thursday announced the launch of Dispojekt, an indigenous single-use safety syringe to reduce instances of needle stick injuries.

A needle stick injury (NSI) is an accidental skin-penetrating stab wound from a hollow-bore needle containing another person's blood or body fluid.

It can lead to the transmission of blood-borne diseases like Hepatitis B, C, and HIV among healthcare personnel.

“HDM is eyeing a 60-70 per cent market share in the next three years in the disposable syringes segment in India, which is estimated to be over 5 billion units per year and 5 to 6 billion needles,” the company said in a statement.

Sohail Nath, executive director of HMD said the company is aiming to initially produce 200 million syringes and needles per annum, for which we have invested approximately Rs 70 crore in the first phase. , Mar 07 2024

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