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Lal PathLabs centre to come up in Delhi

PM News Bureau

Medical

Dr. Lal PathLabs Pvt. Ltd, a diagnostics and pathology services firm, plans to open up a testing centre on 70,000 sq. ft of land at Rohini, Delhi. The proposed centre will entail an investment of Rs 35-40 crore. Venture fund Sequoia Capital will finance the project to the extent of 26 per cent and the balance will be borne by the company.
Construction work is expected to start next month. The centre will serve as a high-tech reference laboratory and facilitate 1,600 to 2,000 tests. The centre is expected to be operational by 2009.
Dr. Lal PathLabs is in the process of expanding its services and network and already has 25 pathology laboratories with a capacity to conduct 200-250 tests. Its target is to open 50 such labs by 2009. The company also plans to extend its services to the south with an investment of Rs two crore for each centre.

Contact: Dr. Lal Pathlabs Pvt. Ltd, Eskay House, 54, Hanuman Road, New Delhi 110001. Tel: 011-23746426/2334 & 23342075; Fax: 011-23341638; E-mail: lalpathlabs@lalpathlabs.com


[05 February 2007]



 

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