Financial Daily from THE HINDU group of publications
Friday, Mar 05, 2004
Financial Daily from THE HINDU group of publications Friday, Mar 05, 2004 |
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Corporate
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New Projects Variety - Alternative Medicines Dr Batra's mulls clinics in Kolkata, Guwahati Our Bureau
Kolkata , March 4 DR Batra's Positive Heath Clinic Ltd (DBPHCL) is planning to launch two more clinics in the eastern and north-eastern regions - one in Kolkata and the other in Guwahati. The company has 20 clinics in 12 cities across the country and abroad. According to Dr Mukesh Batra, CMD of the company, who is also on the governing body of the National Institute of Homoeopathy, the two would be set up in the next six months. The Rs 25-crore company at present engages 90 qualified physicians and approximately serves six lakh patients a year through its chain of clinics as also its online consultation service. Its overseas online patients have so far come from 74 countries. All the clinics and branches are networked on real time basis and company maintains customised patient database, which could be accessed from any of the outfits. Wholistic Remedies, a Rs 10-crore group outfit, which has a technical collaboration with Bioforce of Switzerland, produces homoeopathic medicines. DBPHCL's service package includes consultation and treatment largely through Wholistic Remedies medicines. Dr Batra said that the market for homoeopathy product and services in the country is worth around Rs 630 crore and it is growing at an annual rate of 25 per cent. Globally, homoeopathic system of medicine has been recording a growth rate of around 15 per cent. According to Dr Batra, the initiative taken by the Union Ministry and Drug Controller General to establish uniform standards for raw materials (extracts from the herbs), identification of ingredients and their potency for use in homoeopathic drugs as also introduction of good manufacturing practices by homoeopathic drug producers would go a long way to organise the growth of the alternative system of medicine. There is also a need for uniformity in imparting training in homoeopathy. There are 124 homoeopathic educational institutes in the country, which are affiliated to universities amid innumerable unrecognised institutions. Interestingly, it is estimated that there are five lakh "practising" homoeopaths, of whom only 60,000 are qualified.
More Stories on : New Projects | Alternative Medicines
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