Indian Diagnostic Firm Plans to Tap Outsourcing Market Abroad

by Medindia Content Team on November 3, 2007 at 5:58 PM
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.

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.


"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
Font : A-A+



Latest Corporate News

 Global Report of Work-related Diseases
The first World Health Organisation (WHO)/ International Labour Organisation (ILO) joint global monitoring report shows that more action is needed to ensure healthier, safer, more resilient, and more social workplaces.
New AI Tool Could Ensure Smooth Job Transitions
Successful career transitions could be possible when people leverage their existing skills in the new occupation. A new Artificial Intelligence tool helps employees figure out the right job according to their current skill set.
 Recent Improvements In Pharmaceutical Sector
AI and big data rule the pharmaceutical sector by enhancing the drug development process and increasing the marketing and sales of drugs
Food to be Covered by Insurance Soon
Insurance companies in the US are working towards adding food to their coverage menu to improve the people's health under their coverage and cut hospital costs.
Pharma Companies Have to Support or Risk Damaging Global Reputation
Pharmaceutical companies need to make strategic decisions that will provide financial benefit while showing strong commitment to global health and their patients during the pandemic.
View All
This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close

Indian Diagnostic Firm Plans to Tap Outsourcing Market Abroad Personalised Printable Document (PDF)

Please complete this form and we'll send you a personalised information that is requested

You may use this for your own reference or forward it to your friends.

Please use the information prudently. If you are not a medical doctor please remember to consult your healthcare provider as this information is not a substitute for professional advice.

Name *

Email Address *

Country *

Areas of Interests