New Delhi, Jan 4 (UNI) Nicholas Piramal India Ltd today said Wellspring, its chain of pathology laboratories and diagnostic centres, has acquired a controlling stake in Jankharia Imaging, radiology and imaging centre in Mumbai.
The new entity would be renamed as Wellspring-Jankharia Imaging.
Wellspring has lined up investment plans in the next two years during which it would offer tele-radiology solutions requiring expert radiology opinions across India and abroad.
The company intends to have high-end imaging centres across the country and said would be looking for many more partners in key cities across India.
It would also tap the public private partnership opportunities being offered by government-run Medical Colleges across the country.
''The Indian health imaging market is expected to double from the existing 350 million dollars in the next five years. Hence, we consider the acquisition to be a strategic fit into Wellspring's expansion plans. We are now well equipped to deliver an all encompassing range of high end health imaging services,'' company Director (Strategic Alliance and Communication) Dr Swati Piramal said.
In 2009, the imaging modalities of X-ray, ultrasound, CT, and MRI are collectively estimated to account for 68.6 per cent of the health imaging market.
''The alliance with Wellspring will enable Wellspring-Jankharia Imaging to spread its expertise and to accelerate the growth of new state-of-the-art technology globally,'' Dr G R Jankharia of Jankharia Imaging said.
UNI
The new entity would be renamed as Wellspring-Jankharia Imaging.
Wellspring has lined up investment plans in the next two years during which it would offer tele-radiology solutions requiring expert radiology opinions across India and abroad.
The company intends to have high-end imaging centres across the country and said would be looking for many more partners in key cities across India.
It would also tap the public private partnership opportunities being offered by government-run Medical Colleges across the country.
''The Indian health imaging market is expected to double from the existing 350 million dollars in the next five years. Hence, we consider the acquisition to be a strategic fit into Wellspring's expansion plans. We are now well equipped to deliver an all encompassing range of high end health imaging services,'' company Director (Strategic Alliance and Communication) Dr Swati Piramal said.
In 2009, the imaging modalities of X-ray, ultrasound, CT, and MRI are collectively estimated to account for 68.6 per cent of the health imaging market.
''The alliance with Wellspring will enable Wellspring-Jankharia Imaging to spread its expertise and to accelerate the growth of new state-of-the-art technology globally,'' Dr G R Jankharia of Jankharia Imaging said.
UNI
Oneindia Login