India, Oct. 19 -- image credit- shutterstock

Pune-based Biorad Medisys has outlined a series of product development initiatives and investments in the neurovascular and peripheral vascular markets.

Biorad has invested in Frid Mind Technologies (FMT), a Belgium-based company founded by Noureddine Frid. FMT has developed a patented stroke-prevention product using advanced braiding technology. The technology has completed preclinical trials and two first-in-human cases with positive long-term follow-up.

In addition, Biorad has acquired 10 % stake in Motion Informatics(formerly Stroke Rehab), an Israel-based company specialising in stroke rehabilitation solutions. Motion Informatics manufactures and markets the US FDA-approved Stimel-03 de...