Manipal Group entity and diagnostic service provider Manipal HealthMap has acquired a majority stake in Hyderabad-based MedcisPathlabs, in an all-cash deal.
MedcisPathlabs currently operates 17 labs across the southern, western and northern parts of the country.
The central lab in Hyderabad is NABL-accredited and caters to the molecular and cytogenetics segments. All other labs cater to an exhaustive service for biochemistry, haematology and immunology tests, Manipal HealthMap said in a release on Tuesday.
th/telangana