Manipal HealthMap acquires Hyderabad-based Medcis PathLabs in all cash-deal

Through this acquisition, Manipal HealthMap will have access to additional 19 laboratories, including one NABL accredited central laboratory in Hyderabad.

Manipal HealthMap on Tuesday announced the acquisition of Hyderabad-based Medcis Pathlabs Pvt Ltd in an all-cash deal for a majority stake.

With this deal, Manipal HealthMap expands its footprint to 19 additional centres taking the total to 60 centres across 14 states, thereby strengthening its position as a major integrated diagnostic services brand. The company is known for its state-of-the-art technology, affordable access, and the delivery of high-end clinical results across all its centres.

“We are delighted to welcome Medcis Pathlabs to the Manipal HealthMap family and bring in new advanced standards of integrated diagnostics services in the country. This