US-based medical device-maker UE Life sciences Inc today said it is embarking on an expansion drive in India and hopes to install its breast cancer screening machines in about 500 clinics across the country over the next three years.
“We plan to install our ‘no-touch breastscan’ machines in 500 clinics across the country in the next three years,” UE LifeSciences Inc Founder and CEO Mihir Shah told PTI.
“The model for business that we are looking at is a revenue sharing model, instead of selling the machines upfront. We have the ability to track all scans done by our machines,” he added.
The company presently has machines at four clinics in the country at Apollo Hospital, Ahmedabad; Magnolia Breast Clinic, Pune; BEAMS Hospital, Mumbai; and Aasha Cancer Hospital, Thane, and in collaboration with drug major Cipla, plans to install over 20 additional machines in the near future.