Panacea Biotec plans to set up a multi-specialty hospital
Introduction
Panacea Biotec, a health management firm has revealed its plans to set up a multi-specialty hospital with Gurgaon-based Umkal Medicals. Panacea Biotec has 75 per cent stake in Umkal’s project at Gurgaon.
Budget
A total of US$ 200 million will be invested for the project.
Location
The proposed hospital will be set up in Gurgaon at outskirts of Delhi, India
Features
Upcoming hospital will have overseas patients and affluent Indians as its target making 25-30per cent of the market.
Specifications Table:
- Name
- Multi-specialty hospital
- Construction Type
- New Construction
- Location
- Gurgaon, India
- Project Starting Year
- 2008
- Year of Completion
- January, 2010
- Estimated Cost
- US$ 200 million
- Promoters
- Panacea Biotec, Umkal Medicals
