Neuberg Diagnostics says will cross Rs 1,000 cr revenue milestone in FY22

Diagnostics company Neuberg Diagnostics will be crossing the Rs 1,000 crore revenue milestone by the end of FY22, said a top company official. The company is planning to set up 10 more labs in the northern and eastern parts of the country for deeper penetration, said GSK Velu, Chairman & Managing Director at Neuberg Diagnostics.

It will also be setting up technology incubation centers in the USA and Europe to access the latest technologies and make developing countries ready for precision diagnostics in the evolving personalised medicine arena. The company had closed FY21 with a revenue of around Rs 800 crore.

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