Himanshu Baid, managing director of Poly Medicure said the company has capex plans of around Rs 80-100 crore going forward, which would be mostly funded through internal accruals.
The European safety catheter market is seen at USD 250 million. Himanshu Baid, MD of Poly Medicure, believes with these patent wins, and given a 2-3 year horizon, the company can gain 6-7 percent market share