NephroPlus acquires majority stake in RCDC in Philippines

13 October 2020 | News

RCDC is a growing network in the Philippines and currently treats 400 dialysis patients

Image source: Shutterstock

Image source: Shutterstock

NephroPlus has announced its first major overseas acquisition. Hyderabad based NephroPlus has acquired a majority stake in Royal Care Dialysis Centers, Inc (RCDC), a reputed dialysis network in the Philippines with a deep focus in delivering high-quality care.

Through this strategic partnership, NephroPlus has become the 1st Indian dialysis network to expand overseas, marking the company’s transition to becoming a Multi-National Corporation (MNC).

RCDC Network is a growing network in the Philippines and currently treats 400 dialysis patients across its 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 the company’s overseas expansion strategy, NephroPlus aims to expand the services in other provinces and grow this network to 50 dialysis centers in the 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 the Philippines in the next 5 years. We have already started talking to several dialysis centers in the Philippines to fuel our expansion plans. With this entry into the Philippines, we reiterate our commitment to build a dominant multinational network across Asia, Middle East and CIS geographies.”

Comments

× Your session has been expired. Please click here to Sign-in or Sign-up
   New User? Create Account