AIG Hospitals to invest Rs 800 crore in new oncology centre in Hyderabad

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AIG Hospitals to invest Rs 800 crore in new oncology centre in Hyderabad - Business Standard

Quick Summary:

"The acquisition of the Proton Beam Therapy System and the strategic partnership with IBA represent a transformative step forward in our mission to provide cutting-edge, compassionate care," AIG Hospitals chairman Dr D Nageshwar Reddy said, in a press release.

AIG Hospitals has entered into an agreement to acquire a state-of-the-art Proteus-ONE Proton Therapy System including DynamicARC from IBA, according to the release from the hospital.

The Board of AIG Hospitals has also approved the acquisition of Proton Beam Therapy system from Belgium-based IBA, a supplier of equipment and services in the field of proton therapy.