Navigation Links
Metropolis Health Plans Middle East hub in Dubai

Leading diagnostics service provider Metropolis Health Services (India) plans to make Dubai a hub for offering referral services in the Middle East//.

In a joint venture with United Arab Emirates' (UAE) major conglomerate Al Ghurair Group, Metropolis is set to begin formal operations of its first laboratory in Dubai in August, though the soft launch took place last month.

"We have already set up a 5,000 sq ft laboratory at Jumeirah in Dubai and are now looking at setting up a much bigger laboratory as in Mumbai. This state-of-the-art laboratory will be a referral hub for the Middle East," said Metropolis Health Services managing director G.S.K. Velu.

"The hub will offer a range of services like genetic mapping, molecular biology and HLA (Histocompatibility Antigens) and tissue typing and other tests that are currently sent from the UAE to European countries for diagnosis and take a lot of time," Velu told IANS.

"We plan to do about 90 percent of the tests in Dubai and the remaining in Mumbai," he added.

Operating a chain of diagnostics centres - 18 laboratories and 250 sample collection centres - across the country, Metropolis has several major hubs, including in Mumbai, Delhi and Noida that offer pathology, radiology and wellness services.

It is the only laboratory in Chennai accredited by the US Consulate for H1 visa screening.

With ICICI Venture having recently picked up a minority equity in the company for Rs.350 million, Metropolis is planning to invest Rs.1 billion over the next two years to expand its operations within and outside the country to raise its revenue from Rs.750 million currently to over Rs.5 billion by 2010.

"That is the time when we may possibly look at going public (make an initial public offering)," said Velu.

The Mumbai-headquartered company's overseas plans include more management contracts. It has already firmed up plans to provide se rvices through laboratories to be set up in five new hospitals being planned by the Al Ghurair group in the UAE.

"The first of the hospitals being set up by the Al Ghurair group at Ras-al-Khaimah (RAK) will become operational in September. We will be managing the lab in not only this but all the other four hospitals planned. Two other hospitals will become operational in Dubai within two years," said Velu.

"We are bullish about prospects in the Middle East and Africa, and are in talks with hospitals in South Africa. We are also studying several opportunities in Britain, including through acquisition of a lab chain."

The company began its overseas foray in January in a tie-up with the Nawaloka Group of Sri Lanka. It is now operating the Nawaloka Metropolis Laboratories through a presence in the Nawaloka hospital and medical centres.

It is also in the process of finalising management contracts for hospital laboratories in Kuwait and Bahrain, while talks are in progress with more hospitals in the UAE and other Middle East countries.

Diversifying its operations, Metropolis is getting into the area of clinical trials as site managers for pharmaceutical companies.

Declining to elaborate on the firm's involvement in clinical trials, Velu said they are one of the focus areas of the company, which has a considerable presence in the southern states and is now looking at expansion of facilities in the north through another radiology, pathology and wellness hub in Gurgaon by September.

(Source: IANS)
'"/>




Related medicine news :

1. Startling Expose – Physicians Often Have No Regular Source Of Health Car
2. Want a Healthy brew? Have some Tea!
3. Healthcare sector is now a multi billion-dollar industry in India
4. Exclusive breast-feeding advised for six months in infants recommends World Health Organization
5. Health at heights
6. Health Officials Recommend Flu Vaccine
7. Slightly High BP Poses Health Risk
8. Unsatisfactory Grade On Womens Health Issues
9. Iodex goes to SmithKline Beecham consumer Healthcare
10. Healthy Medicine Or Harmful Intoxicant?
11. Healthy snacks improve nutrition of kids
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:5/25/2016)... ... May 25, 2016 , ... The Georgia State University College of Law new ... Urban Design Commission. , The annual award recognizes projects, programs, individuals and organizations that ... preservation of its physical heritage and the balance between the old and the new. ...
(Date:5/25/2016)... ... 2016 , ... A new update to Xsens popular data analysis ... a common Wi-Fi network and a mobile device. When paired with Xsens MVN or ... and use a mobile device to control the recording. , “The update adds ...
(Date:5/25/2016)... (PRWEB) , ... May 25, 2016 , ... One Florida-based ... potential patients, according to an article published May 13th on Vanity Fair. ... comfortable with having snippets of their procedures broadcast to more than 800,000 Snapchat fans. ...
(Date:5/25/2016)... ... May 25, 2016 , ... The Bank of America Charitable Foundation has awarded ... provide veterans a pathway to employment and successful careers in healthcare. On Wednesday, May ... Hallack, President and CEO of Medisend, parent organization and home of the General Myers ...
(Date:5/25/2016)... ... May 25, 2016 , ... New studies ... of injured workers across 15 states. The outcomes examined in these studies include ... medical care, and satisfaction with medical care. , “The goal of the studies ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... Zealand , May 24, 2016 ... informatics solutions for the healthcare sector, has been named the ... Zealand Hi-Tech Awards 2016. Dr Bruce Davey ... acknowledgement for our team.  It,s really good to be recognised ... healthcare internationally. Our products are used in 35 countries around ...
(Date:5/24/2016)... , May 24, 2016 Celsion ... drug development company, today provided an update on ... escalating clinical trial combining GEN-1, the Company,s DNA-based ... treatment of newly-diagnosed patients with advanced ovarian cancer ... debulking surgery.  GEN-1 is an IL-12 DNA plasmid ...
(Date:5/24/2016)... 2016 The innovator of ... , s first dual therapy stent, introduces catheters ... OrbusNeich, a global company specializing in the provision ... include products to treat peripheral artery disease. The JADE™ ... devices for lower limb and arteriovenous (AV) fistula intervention. ...
Breaking Medicine Technology: