Our Story

The journey from 1999 to Infinity

OUR INNOVATION HISTORY

1999 1999
2002 2002
2005 2005
2006 2006
2008 2008
2009 2009
2010 2010
2011 2011
2012 2012
2013 2013
2014 2014
2015 2015
2016 2016
2017 2017
2018 2018
2019 2019
2020 2020

1999

Establishment

Panacea Medical technologies was established in Whitefield, Bangalore by a group of Technocrats

2002

Development of MV Linac

As linear accelerators gained place in medicine, panacea began the development of 6MV linear accelerator

2005

Bhabhatron

was commissioned at ACTREC, Mumbai

2006

1st Installation

In 2006, Panacea installed its first Bhabhaton II in Indian Red Cross Society Cancer Hospital, Nellore. Andhra Pradesh

2008

Recognition

By 2008, Panacea was ISO certified and gained recognition by INS. Meanwhile, Panacea commercialized its Imagin Simulator

2009

CE Certification

In 2009, Panacea’s Bhabhatron II and Imagin got CE marked. The company was honored by IERDA award for its contribution to society

2010

Vietnam

In 2010, Panacea installed Bhabhatron II in Vietnam, making it “the first international installation”

2011

R&D Facility

DSIR recognized Panacea as an R&D facility

2012

Excellence

In 2012, Panacea was honored with the India SME excellence award in recognition of exemplary achievement in “Manufacturing sector”

2013

Quality Award

Panacea Received quality award by Quality Council of India as recognition of Bhabhatron II’s success for cancer care

2014

Treating Lives

With the donation of Bhabhaton II and Imagin to Mongolia, Bhabhatron II had treated more than 100,000 patients by 2014

2015

66th Republic Day

A proud moment for Panacea when Bhabhatron II was displayed on Tableu on 66th Republic Day parade

2016

Improving Access

By 2016, Panacea has left no stone unturned to improve access to radiotherapy with Bhabhatron II installed in Kenya, Tanzania and Kyrgyztan

2017

Kassia Award

For its contribution, Panacea was awarded with Kassia Ujwala Prashasti Award and was certified with ZED

2018

Beyond

Bhabhatron II was installed in Uganda and Madagascar, ensuring timely treatment of cancer in these unreached areas. With Lilac getting CE marked in 2018, Panacea had empowered clinicians in the early detection of breast cancer.

2019

Linac – CE

In 2019, Panacea’s Linear Accelerator was CE marked. Panacea also received patent for its Linac’s In gantry dual kV imaging

2020

Expanding Horizon

In 2020, Panacea setup its a new state-of-art manufacturing plant in Malur and started its US operations in Indiana, USA as part of its expansion plan to cater to the increasing needs of Radiotherapy. Panacea also installed Bhabhatron MLC in Varanasi and Madurai

BOARD OF DIRECTORS

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Mr. G.V. Subrahmanyam

(Co-Founder, Managing Director and Chief Technology Officer)

Mrs. Valli

(Executive Director)

Mr. Y Ramann

(Director - Finance)

Mrs. Bala Deshpande

(Member of Board of Directors)

Mr. Tarun Sharma

(Member of Board of Directors)

Mr. Mark Silgardo

(Member of Board of Directors)

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