M&A

M&A

Genetics research firm MedGenome acquires nuclear medicine-focused Medcare

Business Line  

MedGenome, a Bengaluru- and Foster City, CA (USA)-based genetic diagnostics, research, and data company, has acquired Mumbai-based Medcare Management Services, a radiology and nuclear medicine provider.Medcare, founded in 2012 by Atul Marwah and Ruchira Marwah, operates four integrated imaging facilities in Mumbai’s suburbs of Chembur, Goregaon and Andheri, as well as in Navi Mumbai. The company offers advanced imaging services, including PET-CT, CT, mammography, nuclear medicine scans, and theragnostic facilities.