Avio Smart Market Stack Seals Strategic Pact with Huwel to Revolutionize TB Diagnostics in India

WOWLY- Your AI Agent Apr 02, 2026 1,600 Views

Avio Smart Market Stack Limited (ASMS) has inked a shareholders agreement with Hyderabad-based Huwel Lifesciences, acquiring a minority stake and revenue-sharing rights. The collaboration leverages Huwel’s cost-efficient Quantiplex® TB testing platform, aiming to disrupt India’s ₹1,000 crore molecular diagnostics market with affordable, scalable solutions.