iSOFT expands in Russian lab systems market

15 February 2008

iSOFT Deutschland has strengthened its position in Russia with a partnership agreement with Moscow-based company ML Park to distribute and support iSOFT's laboratory information system (LIS) LabCentre.

iSOFT has already installed LabCentre at KDL Test, a private laboratory chain with laboratories in Moscow, Omsk, Perm, and Krasnodar. ML Park and KDL Test are sister companies and both are subsidiaries of ML Group.

iSOFT considers the market in Russia to offer huge potential and unprecedented growth rates. The Russian market for medical technology is worth US$2 billion a year and is growing by about 15% per annum. The 'National Health Programme', which was initiated by president Putin (until 2010) provides US$1.7 billion to build 15 specialised health centres. 

iSOFT Deutschland, an IBA Health Group company, the world's 4th largest healthcare IT provider, will focus on providing modern laboratory
software solutions in Russia.

Peter Herrmann, Managing Director, iSOFT Deutschland, said: "Through our partnership with ML Park we can support our Russian laboratory customers locally and develop systems to meet local needs. An early presence in this booming healthcare market is absolutely necessary. For us this will be the basis for more efficient market cultivation and a fast and wide market penetration with our solutions. ML Park's knowledge of laboratory systems and the private LIS market in Russia will be invaluable in establishing a support organisation in Russia."

iSOFT has more than 270 laboratory information system installations in Germany, Switzerland, Austria, Russia and Malaysia.

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