Premium International – University of Moratuwa R & D Laboratory for Bio Medical Technology

This landmark Public Private Partnership agreement between Premium International and Sri Lanka’s top tier tertiary institution for engineering, the University of Moratuwa, resulted in the establishment of Sri Lanka’s only R & D laboratory for bio medical technology

Project Description

Premium has collaborated with the University of Moratuwa to set up Sri Lanka’s first ever R & D laboratory for bio medical technology.

This pioneering venture was initiated to harness the engineering expertise available locally and to provide a platform on which to conduct research on par with international standard with a view to commercialize identified technology.

Facility Description

  • Commissioning and setting up of Sri Lanka’s first ever fully equipped R & D laboratory for bio technology
  • Facilitated active research and development through a competent team comprising of first class engineers, PHD holders, doctoral and post graduate students working full time/ part time
  • Facilitated the launch of a new engineering degree specializing in bio medical technologies from the University of Moratuwa
  • Successfully completed clinical trials and awaiting commercialization of the first medical device researched and developed in Sri Lanka – Pulse Oxi Meter

Premium’s Scope

  • Promoter and exclusive sponsor of this pioneering initiative
  • Joint venture partner with the University of Moratuwa
  • Direction of the activities pertaining to the R & D centre
  • Logistics relating to sourcing components, production outsourcing, supervision and monitoring
  • Holds Chairmanship and board memberships of the governing body thereby assisting direction of the program
  • Promoting and commercializing the finished medical devices

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