Fischer Medical Ventures (FMV), through its wholly owned subsidiary Time Medical International Ventures India, has entered into a strategic partnership with Indonesia, in collaboration with PT Pharmindo Rimpang Kokoh (PT Pariko), to support the country’s tuberculosis eradication efforts with advanced portable, AI-enabled X-ray systems.

Under the agreement, FMV will supply the systems in tranches. As part of the initiative, a pilot deployment of 250 units is planned by March 2026, positioning FMV as a strategic partner in Indonesia’s public healthcare initiatives. The total value of the order is estimated at approximately USD 6.5 million.

Recently, Time Medical International Ventures (India) achieved a major milestone when the Province of Bulacan inaugurated the Philippines’ first locally funded MRI facility, developed by the company.

The PICA Open MRI system, installed at the Bulacan Medical Centre and marketed locally by Time Medical Philippines, is designed specifically for patient comfort and practicality in a local setting.