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Movers & Shakers Interview With Vivek Trikha, Head - Diagnostics, OncQuest Laboratories Limited
Movers & Shakers Interview With Vivek Trikha, Head - Diagnostics, OncQuest Laboratories Limited
Laboratories Limited
OncQuest Laboratories Limited (formerly Dabur OncQuest) formally announced its existence as
an independent entity, moving away from being a part of Dabur Pharma Limited, on December
31, 2007. OncQuest Laboratories Limited was incorporated in January 2008.
Frost & Sullivan brings to you Healthcare Practice Analyst, Jayant Singh (JS), in conversation
with Vivek Trikha (VT), Head - Diagnostics, OncQuest Laboratories Limited.
JS: Please give a brief overview of the company and yourself.
VT: OncQuest was conceptualized in Dabur Pharmaceuticals. Dabur Research Foundation had
plans of launching diagnostic testing facilities for cancer testing. The choice was between selling
diagnostic kits and going into the lab services market of cancer testing. Lack of organized and
credible testing facilities for cancer and general dissatisfaction amongst KOLs regarding quantity
and quality of communications, tilted the decision in favor of the lab services market and this led
to the birth of OncQuest. The company started with Flowcytometry & Polymerase Chain
Reaction (PCR) based technology and gradually added layers to it, like Fluorescence in Situ
Hybridization (FISH) and Cytogenetics. The pilot phase started in Jaipur, Lucknow, and
Ludhiana, followed by phase-wise expansions in the Southern, Western, and Eastern parts of
India. The facilities are now available at 45 locations with the hub in Delhi.
In addition to Providing Diagnostic solutions, OncQuest also has a well defined goal to:
Develop novel molecular assays to provideo Effective assessment of diagnosis & prognosis
o
Identify biomarkers
Therapeutic targets
Clinical targets
I have been associated with Dabur OncQuest, Molecular Diagnostics Reference Laboratory
Delhi, the leader in Indian oncology market, since last six years as the Head Diagnostics.
Having joined the company after a highly successful tenure with Specialty Ranbaxy Ltd. Specialized Clinical Reference Laboratories, Mumbai, for seven years with the last responsibility
of the Marketing Manager. The educational qualifications comprise of Post Graduate Diploma in
Medical Laboratory Technology from S.I.E.S College and Post Graduate Diploma in Industrial
Analytical Chemistry from Ruia College Mumbai, after graduating with Microbiology as
principle subject from Mumbai University.
JS: What are the key factors, which differentiate you from competitors?
VT: We are the only players in the lab services market with a dedicated focus on cancer testing.
Cancer testing is very different from other lab tests as it calls for a lot of interaction between the
clinicians and the lab. Since, we offer only cancer testing, the quality of interaction increases
drastically. This adds to the comfort level of the clinicians. We also position ourselves as a onestop solution for cancer testing, from diagnosis to monitoring. We have achieved this by bringing
technologies like PCR, FISH, and Cytometry under one roof and backing up the technologies
with efficient people. In addition another Critical Success Factor (CSF) at OncQuest has been
offering the highest technology at the most cost-effective prices due to higher volumes than most
labs with the best turn around times (TATs) the strategies followed at OncQuest include:
Monitoring
JS: Does an exclusive cancer testing model offer any other benefit, which differentiates it
from competitors?
VT: Focus on cancer testing helps us in having a large volume test batch, thus resulting in
economies of scale. Due to this, we are able to offer a 15-20 percent price benefit to patients.
Secondly, this model has helped us in strengthening our internal R&D practice and we are able to
offer new and better tests. For example, we have been able to offer mutation analysis for
Gleevec, a drug used to treat Chronic Myelogenous Leukemia (CML). This was possible only
due to our strong R&D practice.
JS: What is the acceptance of molecular testing facilities amongst the medical community?
VT: Doctors have clearly acknowledged the role of molecular testing and its utility in monitoring
patient therapy. With the launch of new and better therapies for cancer, this phenomenon will
gain further ground. Additionally, an average growth of 150-200 percent of OncQuest for the
past few years last 3 years to be precise is an added proof of the credibility and robustness of this
technology. This approach has had few key achievements for OncQuest:
First commercial laboratory in India to offer o RQ-PCR assays for monitoring of CML patients
o
JS: What were the challenges in establishing molecular testing as a benchmark for cancer
monitoring and diagnosis?
VT: The biggest problem roadblock in the way of establishing molecular testing as a benchmark
for cancer monitoring and diagnosis was the lack of awareness amongst clinicians other than the
KOLs about this technology. Creating this awareness was the biggest challenge. A wider test
menu along with strong R&D helped us in overcoming this challenge smoothly.
JS: Can you share some thoughts about the expansion plans of OncQuest? Will the
expansion be geographic or through expansion of service offerings?
VT: We will be following a two-pronged approach for expansion: expansion of service offerings
and expansion in new geographies. We plan to offer testing for infectious diseases, which lead to
cancer; for example, Human Papilloma Virus (HPV), which leads to cervical cancer. There are
no plans to enter any other testing segment beyond cancer. We would also look at expanding our
footprint beyond SAARC countries. We expect CAP accreditation to help us in expanding our
footprint geographically.
JS: What is the revenue growth you are looking for OncQuest?
VT: We aim to grow at 150-200 percent for the next few years and touch a revenue figure of INR
500 Million by 2012-13.
JS: What is the size of the cancer testing market and how effectively is it catered to?
VT: The size of the market is around INR 2.5-3.5 billion currently. A significant amount of this
business (around 45 percent) is captive and rarely comes out of hospitals. Around 55 percent of
this business is in open space, which is being catered to by players like us. There is a significant
part of the population for which cancer goes undetected. Our aim is to ensure that this population
also gets the best testing facilities. We undertake a lot of awareness-building campaigns to
achieve this.
JS: What are the various technology platforms, which are used to test cancer? What are
their respective shares?
VT: Histopathology, Immunoassays, and molecular testing are a few major platforms for cancer
testing. Histopathology has the highest share followed by Immunoassays and molecular testing.
JS: Which of these segments is expected to witness the highest growth? Why?
VT: All the segments are expected to witness good growth. However, molecular testing is
foreseen to show the highest increase. This will be primarily on account of the increase in
number of hospitals offering treatment facilities, which is likely to ultimately increase the size of
the market
JS: What role will Theranostics play in driving this growth?
VT: In the times to come, Theranostics is likely to act as a strong growth driver for molecular
testing. The launch of new therapy regimen like Gleevec is a strong example for it.
Genetic heterogeneity exists even with defined subgroups. Ignoring this variability is a major
cause of limitations of present cancer therapeutics ie Cost/ Efficacy/ QOL
Our Goal is to:
Integrate information from patient's genomic profile with clinical data to afford o Improved diagnosis
o
Personalized Medication
Gene therapy
Oncology
Cardiology
Type 2 Diabetes
Methylation profile
phased manner and the last stage should be a mandatory accreditation for all labs operating in
India.