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City-based DNA Wellness on Thursday said it will invest Rs 200 crore to set up over 100 cervical cancer screening labs across India by 2027.
The company has acquired exclusive rights to perform the DNA ploidy test, a diagnostic tool developed by the Cancer Research Agency of British Columbia, Canada, the company said in a statement.
The test, also known as CERViSure, is a fast, accurate and noninvasive method for detecting cervical cancer.
DNA Wellness also announced the launch of India’s first CERViSure lab in Ahmedabad, Gujarat, which will provide people with easy access to cervical cancer screening facilities.
“Going forward, DNA Wellness will invest Rs 200 crore to set up around 100 dedicated CERViSure labs across India, in a phased manner till 2027, to help DNA ploidy reach a maximum number of patients,” the company said.
“By October 2024, the company will open dedicated labs in Ahmedabad, Vadodara, Rajkot and Surat,” said Pathik Bhandari, co-founder, DNA Wellness.
The company will also explore collaboration with hospitals, clinics and physicians to expand access to the DNA ploidy test, with the goal of making it available nationwide.
Cervical cancer is one of the leading causes of cancer deaths among women in India, with about 130,000 new cases and 80,000 deaths reported each year, the company said.
DNA Wellness is a leading provider of advanced DNA profiling technologies in India. It works in the area of genetic instability detection to improve patient outcomes in disease detection.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First published: September 12, 2024 | 11:09 PM IS
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