 "Apollo to open 500 sugar clinics by 2019-end")
"We plan to open 500 Apollo Sugar Clinics across the country and outside by end of 2019. We will be have 50 clinics in the country by the end of this year," Apollo Sugar Chief Executive Officer Gagan Bhalla told PTI.
Outside India, the healthcare provider is mulling expansion in the West Asian countries, he added.
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Asked about the investments required for the proposed expansion, Bhalla said: "On an average, an investment of Rs 50 lakh is required to open a clinic but it varies depending on the locations."
It would be financed through the funds from Apollo Hospitals Group, he added.
The company currently has it's sugar clinics in Hyderabad, Chennai, Bengaluru, Delhi, Kolkata, Ahmedabad, Indore, Karimnagar, Pune, Kakinada, Nashik, Tiruchirappalli, Raipur, Bilaspur, Bhubaneshwar, Mysore, Visakhapatnam and Madurai.
The Apollo Sugar Clinics provide robust patient outcomes via best in class multi-disciplinary care teams and proven treatment protocols. They also have life style management capabilities, he added.
In September, Apollo Hospitals had joined hands with global pharma firm Sanofi to provide diabetes care programmes through its Apollo Sugar Clinics.
Apollo Hospitals Group Founder Chairman Prathap C Reddy had stated that the partnership would be converted into a joint venture in future.
Apollo Sugar is part of Apollo Health & Lifestyle, the arm of Apollo that is into primary and secondary healthcare.