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Indian Diagnostic Firm Plans to Tap Outsourcing Market Abroad

by Medindia Content Team on  November 3, 2007 at 5:58 PM Corporate News   - G J E 4
Indian Diagnostic Firm Plans to Tap Outsourcing Market Abroad
Mumbai-based Metropolitan Health Services is now planning to tap the outsourcing market for clinical diagnostic tests by setting up sample collection centres in the United States.
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The Rs.1500 million ($38 million) clinical diagnostic company is also targeting the Middle East, South African and British markets and plans to acquire a diagnostic lab chain in the UK.

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"Metropolis would set up sample collection centres in the US, which in turn would ship samples to Mumbai," Dr. G. S. K.Velu, managing director, said here Friday.

He said it takes days to get the lab test report in the US.

"At our Mumbai laboratory, we would test the US samples and send the reports fast."

"There is an outsourcing opportunity to test two million samples a year. We will position our services not on lower cost but on faster turn-around. We also plan to offer tele-pathology services," Velu added.

"The company is discussing the acquisition of a diagnostic lab chain in the UK," Velu said.

Metropolis has chalked out plans to open 20 more labs in the Middle East.

Velu added the company will also open labs in South-East Asian countries, including Thailand, Indonesia and Vietnam.

In India, Metropolis intends to increase its lab network by opening 54 more centres, taking the total to 100 by 2008, and plans to add radiology services to its portfolio.

On Thursday, the firm signed an agreement with the city-based Star Clinics, a chain of clinics promoted by Star Health and Medical Tourism Ltd, to set up labs in multi-speciality clinics.

Source: IANS
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