Bangalore: Manipal Health Enterprises (MHE) has forayed into andrology and reproductive medicine services by acquiring Ankur Healthcare.
Ankur Healthcare is a speciality centre focusing in the areas of reproductive medicine – In Vitro Fertilisation, andrology and men’s Health.
MHE has invested Rs 40 crore so far in this speciality healthcare outfit founded by Vasan S. S., Uro Andrologist, and Bina Vasan, specialist in reproductive medicine, a decade ago. Further, MHE has also committed Rs 3 crore to strengthen its medical infrastructure and plans to bring in Rs 100 crore for expansion in the next three to four years.
“This investment marks the beginning of Manipal’s foray into allied healthcare delivery formats in partnership with established players in specified clinical areas,” said Rajen Padukone, Managing Director and Chief Executive Officer, Manipal Health Enterprises.
The new entity will be called Manipal-Ankur Andrology & Reproductive Services and called so even after Manipal Hospital’s investment. Vasan will lead the new entity as the Chief Executive Officer and Medical Director while Bina will head the Reproductive Medicine Division.
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