GE to invest Rs 720 cr to improve cancer care in India

GE Healthcare and Cancer Treatment Services International (CTSI) announced a strategic partnership to develop 25 world-class centers across India to improve cancer care access with an investment of USD 120 Million (INR 720 crore) over a period of 5 yrs .


From L-R: Ms Terri Bresenham, President and CEO, GE Healthcare South Asia, Mr John Dineen, President and CEO, GE Healthcare, Mr Joseph A Nicholas, CEO, Cancer Treatment Services International and Mr Andrew J Shogan, COO, CTSI

The centers will offer latest technology for diagnosing and treating cancer, and will follow the same standards of care found at the world's top cancer hospitals delivered at affordable price points.

"At GE, we envision a day when cancer is no longer a deadly disease. Scaling up of affordable access to cancer care requires disruptive solutions and willing partners. We believe a partnership like this one presents a great opportunity to confront India's cancer challenge head on," stated Mr John Dineen, president and CEO, GE Healthcare.

He added, "Combining GE Healthcare's innovative technology platforms with CTSI's proven expertise in operating cancer centers affords a fantastic means to tackling cancer early in India."

The mortality rates in India are very high due to late cancer detection, access, and affordability to care.

"CTSI has built a proven healthcare delivery model tailored to making the highest quality cancer care accessible and affordable. When we launched our international operations, India was a natural place to start. It offers existing medical infrastructure, a pool of talented doctors and a population with the desire to embrace top-notch standards of care. Our partnership with GE accelerates realization of our goal to build out a network in India and ultimately apply our model in similar markets worldwide," added Mr Joe Nicholas, president and CEO, CTSI.


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