Discover and read the best of Twitter Threads about #Wondfo

Most recents (1)

News making rounds of "145%" profit margin in price shared btw distributor & importer of Rapit Antibody Kits procurred by #ICMR . @INC IT cell jumping on the bandwagon with #BJPCoronaCorruption hashtag. This articles states facts. orissadiary.com/icmr-asks-stat…
#ICMR got ONLY 4 bids(!) for the procurement @ rates ₹1,204, ₹ 1,200, ₹844 and ₹600. ICMR went with lowest (L1 tender sys) ₹600+GST by a firm called Aark Pharmaceuticals, with approval from govt. Disgraceful for the other biz too for these exuberant quotes in such pendemic.
Matrix Labs is the importer of rapid test kits made by #China’s #Wondfo. Rare Metabolics is the distributor of Matrix. Further, Rare signed Aark Pharma as distributors. Matrix Labs (landed cost @ ₹245 / test) sold to Rare @ ₹400 / test, and supplied to #ICMR @ ₹600. ~145% ⬆️.
Read 6 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!