NephroPlus acquires stake in RCDC, Philippines
NephroPlus will be responsible for the network’s existing operations and will lend all its India-based protocols, technologies and operational expertise to RCDC
NephroPlus acquired a majority stake in Philippines-based Royal Care Dialysis Centers (RCDC). RCDC currently treats ~400 dialysis patients across its six 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 centres in the next five years to be the dominant dialysis network in the Philippines by 2025.
Vikram Vuppala, Founder and CEO, NephroPlus said “Working together with this leadership team of RCDC, we are now aiming to become the largest dialysis network in the Philippines in the next five years. We have already started talking to several dialysis centres in the Philippines to fuel our expansion plans. With this entry into Philippines, we reiterate our commitment to build a dominant multinational network across Asia, the Middle East and CIS geographies. ”
Commenting on the partnership, Kamal Shah, Co-Founder and Director Patient Services, NephroPlus, said, “This partnership is a big move for NephroPlus in the international market as we want to deliver the best care possible at efficient price points to patients across multiple countries. This multinational operational expertise will significantly strengthen NephroPlus’ brand equity amongst our nephrologist and hospital partners in India.”
Commenting on the deal, Sunil Chellani, Founder, Royal Care Dialysis Network, said, “With this partnership, we are confident that we will grow to become the dominant dialysis network in the Philippines in four to five years.”