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Medicover to set up 36 fertility clinics in India by Dec 2019

Press Trust of India  |  Hyderabad 

European healthcare provider Medicover planned to open 36 fertility clinics across the country by December 2019, a senior company official said Tuesday.

This was part of its plans to set up a total of 60 green-field fertility clinics in the country by 2021, Medicover Fertility, India, Managing Director Gaurav Malhotra told reporters here at the launch of the company's15th clinic here.

"We will launch 21 more fertility clinics by December 2019. In next 2-3 years the total Medicover fertility centres will be 60 across India... We have announced USD 100 million investments (for this)," he said.

When asked if Medicover had plans to go for tie-ups or acquiring in-vitro-fertilisation (IVF) players, Malhotra said they were open to acquisition and a lot of people were approaching Medicover.

We bring best European practises, trust, transparency and high-quality service in IVF treatment, Medicover Chairman Fredrik Stenmo said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 30 2018. 16:55 IST