NephroPlus acquires majority stake in Royal Care Dialysis Centers, Philippines, Health News, ET HealthWorld
RCDC Network is a growing network in Philippines and currently treats ~400 dialysis patients across it’s 6 dialysis clinics located in Metro Manila and other nearby provinces. Through this deal, NephroPlus will be responsible for the network’s existing operations and will lend all its India based protocols, technologies and operational expertise to RCDC with an aim to improve dialysis care in the Philippines. As part of company’s overseas expansion strategy, NephroPlus aims to expand the services in other provinces and grow this network to 50 dialysis centers in next 5 years to be the dominant dialysis network in the Philippines by 2025.
On closing the first overseas acquisition, Vikram Vuppala, Founder and CEO, NephroPlus said: “We are excited to add the team from RCDC to our network. Working together with this leadership team of RCDC, we are now aiming to become the largest dialysis network in Philippines in next 5 years. We have already started talking to several dialysis centers in Philippines to fuel our expansion plans. With this entry into Philippines, we reiterate our commitment to build a dominant multinational network across Asia, Middle East and CIS geographies. ”