Financial Daily from THE HINDU group of publications
Friday, Jul 16, 2004
Financial Daily from THE HINDU group of publications Friday, Jul 16, 2004 |
||
|
|
||
|
Corporate
-
Alliances & Joint Ventures Metropolis ropes in hospitals to tap global clinical trials biz Our Bureau
Chennai , July 15 METROPOLIS Health Services, a chain of diagnostic centres, has reached a formal understanding with two hospitals in Chennai and Bangalore to jointly hunt for overseas clinical trials business. The understanding is meant to pool infrastructure to present size-related benefits for clients. An agreement was signed two weeks ago between Metropolis and Sri Ramachandra Medical College (SRMC) herei and MS Ramaiah Hospitals in Bangalore. Between the hospitals, the alliance could access 3,000 beds, and Metropolis has diagnostics centres spread across southern and western parts of India. Metropolis' Managing Director Dr G.S.K. Velu said the alliance would market the infrastructure and support services to clinical research organisations (CROs) abroad. It would, however, not supervise any trial conducted in their premises. Dr Velu described the alliance as a "one-source facilitator to CROs'', and added that the initial response from Swiss CROs was promising. The alliance would also lease its infrastructure to any Indian organisation that requires facilities to carry out trials. Following the understanding, Dr Velu said representative offices would be set up in the UK and in the US by September. Metropolis is also looking at the possibility of medical Business Process Outsourcing business, he said.
More Stories on : Alliances & Joint Ventures | Medical Institutions & Hospitals | Health | Tamil Nadu
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|