Vinod Ramnani, CMD, Opto Circuits told CNBC-TV18 that the new catheter would help them gain market share because as of now, only 2-3 companies make this product. So, there is huge opportunity for this.
"Eurocor today announced that the Freeway - Shunt Ballon Catheter will be launched for arteriovenous (AV) access to help patients with end-stage renal disease," says the medical equipment manufacturer in its filing.