×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Apollo inks MoU for specialty hospital in Yemen

Apollo inks MoU for specialty hospital in Yemen
Comment E-mail Print Share
First Published: Sat, Feb 17 2007. 04 00 AM IST
Updated: Fri, Feb 16 2007. 04 20 PM IST
By PTI
Hyderabad: Apollo Group of Hospitals today signed a memorandum of understanding (MoU) with Hayel Saeed Anam Group (HSA Group) of Yemen to set up a super specialty hospital in that country.
Addressing a press conference here, Pratap C Reddy, Chairman of Apollo Group, said besides Yemen, they were also looking at investments in health sector in the US and the UK.
Reddy said the Group has presence in Nigeria, Sri Lanka, Muscat and Bangladesh. Nigeria has approached Apollo Group to upgrade three hospitals. Apollo Group also has clinics and diagnostics facilities in countries like Muscat and Tanzania.
Saeed Ahmed Hayel, Executive Director, HSA Group, said the specialty hospital, costing USD 25 million, will open by September. There is a proposal to set up more such hospitals in different parts of Yemen, he said.
The hospital will offer services like cardio-thoracic surgeries, hip and knee replacements, neuro surgeries and other high-end services. It will also have a comprehensive emergency and trauma network, Hayel said.
Hayel said the HSA Group, besides Apollo, is associated with two other Indian corporate entities, Tatas and Reliance Industries.
Replying to questions, Reddy said Apollo is also looking at medical research. It has tied up with Amercia’s John Hopkins Institute to undertake genetic research to find out why Indians are prone to cardiac diseases.
He said CAD (coronary artery disease) is 10 times more prevalent in Indians, particularly among the younger age groups, than other countires. By 2020, CAD cases will be found in nearly 60 per cent of the population, he said.
Comment E-mail Print Share
First Published: Sat, Feb 17 2007. 04 00 AM IST
More Topics: Corporate News | Sector Spotlight |