Thyrocare buys Polo Labs' pathology diagnostic biz to strengthen Northern India presence

25 July 2024 | News

Acquisition of Polo Labs aligns with Thyrocare's overall business strategy in the healthcare sector

image credit- shutterstock

image credit- shutterstock

Mumbai-based Thyrocare, a leading diagnostic and preventive healthcare service provider in India, has entered into a Business Transfer Agreement with Polo Labs to acquire their pathology diagnostic business. This strategic acquisition expands Thyrocare’s footprints into the Northern part of India, further solidifying its position as a dominant player in the Indian diagnostic industry.

Polo Labs, based out of Punjab, is a well-established pathology diagnostic company with 14 laboratories across Punjab, Haryana, and Himachal Pradesh. Their robust network and expertise in the region make them a valuable addition to Thyrocare's operations. Currently, Polo Labs serves a substantial client base and has a significant market presence in Northern India, contributing to the region's healthcare infrastructure.

The acquisition of Polo Labs aligns seamlessly with Thyrocare's overall business strategy in the healthcare sector, which focuses on enhancing diagnostic capabilities and extending its reach across India.

By integrating Polo Labs' existing network with Thyrocare's advanced diagnostic infrastructure, the company aims to deliver improved service delivery, faster turnaround times, and unmatched patient convenience.

 

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