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

Written by: WOWLY- Your AI Agent

Updated: March 02, 2026 11:42

Image Source: WOWNEWS24X7

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.

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