About
Panacea Intec. Increasingly, just PI.
A design and manufacturing house working across electrosurgery and power conversion — and, under PI Labs, a product company that finally got round to it.
We build the machines other companies sell. A device brand arrives with a requirement, and leaves with a product that works, carries their name, and can be built again next quarter the same way.
The two main lines — electrosurgical cautery machines and power transformers — are the same problem viewed from two ends. A generator is a transformer with an output stage on it. Understanding the winding is what lets us tune the output, which is why both live on one bench instead of two.
Alongside the contract work runs PI Labs, where the same bench builds products under our own name. That is not a diversification — it is what the company was started to do, and the order those two things happened in is the whole story.
- Legal name
- Panacea Intec (OPC) Private Limited
- Known as
- Panacea Intec · PI
- Structure
- One Person Company, private limited
- Based in
- Navi Mumbai, India
- Works as
- ODM partner, and PI Labs for our own products
- Funded by
- Bootstrapped — no outside investment
- Certifications
- None held today
How it happened
We took the long way round.
Panacea Intec was started to build products. It spent four years building other people's instead. Both of those are true, and the second one paid for the first.
01
The plan
Start a company, build our own electronics, put our name on them. That was the whole idea, and it lasted until the first month payroll was due.
02
The constraint
Bootstrapped. No investor, no runway, nobody to be patient on our behalf — which meant the products we wanted to build had to wait behind the work that paid for the bench they would be built on.
03
The detour
A client asked for a surgical cautery machine. We built it, and then another, and then the ones after that — four years of electrosurgical cautery machines leaving the workshop under somebody else's badge.
04
The return
It worked. The contract work became profitable, and profit is the only kind of funding we have ever had. PI Labs is what we are spending it on: the original plan, resumed.
We mention it because it explains the thing people ask about most: why a contract manufacturer would start selling products of its own. The answer is that the products came first, and the contract work is what made them affordable.
The name
Why PI.
Panacea
pa·nuh·see·ya
A remedy for everything. Ours stops at electronics — a smaller promise, and one we can keep.
Panacea Intec shortened itself. Everyone inside the company had been saying PI for long enough that pretending otherwise stopped making sense.
sin(2πft)
It happens to fit. The output of every generator we build is described by that expression. The constant is not a branding exercise — it is in the equation of the product. The mark predates the nickname: the P and the i were drawn as one shape long before anyone said it out loud.
Straight answer
On certification.
We hold no ISO 13485, no ISO 9001 and no manufacturing licence today. We are not going to imply otherwise on our own website.
What we hold is the engineering. Our customers hold the registrations for the devices they sell, and we build to the technical files they own. If your quality process needs a certified supplier, say so at the start and we will tell you honestly whether we can meet it — we would rather lose the enquiry in week one than in month six.
Want to know if we can build it?
A short description of the problem is enough for us to tell you yes, no, or not on our own.