Fischer Medical subsidiary expands into Indonesia for TB eradication

Fischer Medical Ventures Limited announced that its wholly owned subsidiary, Time Medical International Ventures (India) Pvt Ltd, has entered Indonesia through a TB Eradication Partnership with the City of Jember. This initiative involves collaboration with PT Pariko to deploy portable, AI-powered X-ray systems for tuberculosis eradication.

A pilot deployment of 250 units is planned by March 2026. Time Medical International Ventures (India) Pvt Ltd is the recipient and PT Pharmindo Rimpang Kokoh ("PT Pariko") is the awarding entity for this international private sector project.

The order is approximately $6.5 million. The execution and delivery of the order will occur in tranches by March 2026, positioning Fischer Medical Ventures as a strategic partner in Indonesia's public healthcare efforts.