Narayana Hrudayalaya enters into definitive agreement to acquire NewRise Healthcare

From Panacea Biotec

Narayana Hrudayalaya has entered into a definitive agreement to acquire 100% stake in NewRise Healthcare from Panacea Biotec to announce its first hospital in Gurugram.

This multi-speciality hospital is in final stages of completion and is expected to be commissioned within the next 9 months. Located in South-Western part of NCR, it complements group's East Delhi based Dharamshila Narayana Superspeciality Hospital which is presently an oncology focused unit and will be upgraded to a multispeciality tertiary care unit. This will help create a strong regional network and drive operational synergies.

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