MedGenome Makes a Majority Investment in Leading Gujarat-Based Diagnostics Chain Green Cross to Expand Genomics Offerings Across India
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only BenefitsIndia – Business Wire India
• This partnership brings together the legacy of trusted diagnostics along with the combined network, infrastructure, science, technology, and clinical expertise of both companies.
• Green Cross promoters are committed to continuing to lead the business and drive its next phase of growth in partnership with MedGenome.
• MedGenome will strengthen its position in India as an integrated diagnostics player through the expansion of its genomics offerings in Gujarat.
MedGenome, a leading global genomics-driven diagnostics and research services company, has announced a majority investment in Gujarat-headquartered pathology laboratory chain, Green Cross Genetics Lab.
With a legacy of over 30 years of trust and quality excellence, Green Cross continues to expand its presence with 17 state-of-the-art laboratories and 35 collection centres operating across Gujarat today. Each facility operates under the supervision of senior experts dedicated to precision, reliability, and patient trust. Founded by renowned industry veteran Mr. Vinod Patel, the company has, for over three decades, been guided by a leadership team of accomplished pathologists and medical professionals. Most of the management team brings more than 30 years of clinical experience and has been instrumental in shaping the company’s strategy and growth journey to its current scale. The company’s promoters are committed to continuing to lead the business in this partnership as the company enters its next phase of growth.
Green Cross’s operational capabilities, combined with the credibility it has earned over the years, complement MedGenome’s commitment to making genomics-led, affordable solutions accessible to the larger population. MedGenome operates South Asia’s largest CAP-accredited end-to-end multiomics laboratory, along with in-house developed AI/ML-enabled analysis pipelines, empowering clinicians with data-driven genetic insights to better diagnose and treat complex diseases.
Commenting on the announcement, Dr. Vedam Ramprasad, CEO, MedGenome, said, “This partnership will strengthen MedGenome's market presence in Gujarat, allowing us to better serve a broader population. It reiterates our commitment to improving access to affordable omics solutions, particularly in Tier 2 and Tier 3 cities. With Green Cross’s three-decade legacy of trust and high-quality diagnostics, this partnership perfectly aligns with our mission to harness genomics for early, accurate disease detection and management. As we work towards positioning Indian genomics on the global stage, we will continue to innovate and create solutions that meet the needs of diverse markets worldwide.”
Mr. Vinod Patel, Promoter & Director, Green Cross Genetics Lab, added, “We are excited to partner with MedGenome, a leader in genomic testing, to expand our diagnostics service offerings. Our companies have a rich legacy of trust and quality, and this partnership will combine our strengths across infrastructure, technology, distribution, and clinical expertise. Combining our extensive portfolio of over 800 diagnostics solutions and a dedicated team of 500 employees, with MedGenome’s world-class genomics capabilities, we can offer a more comprehensive menu of services across the country. The collaboration also enables more efficient integration of genomics into diagnostics, unlocking new opportunities to service our clinicians and patient base.”
The partnership will drive comprehensive and clinically actionable guidance for diagnosis and treatment, improving access to trusted diagnostics for all patients across the country.
About MedGenome
MedGenome is a leading genomics-driven diagnostics and research services company with a mission to improve global health by decoding the genetic information contained in an individual's genome. It provides data-driven insights at the genetic and molecular level to diagnose complex diseases and facilitate research in precision medicine. MedGenome is the market leader for genetic testing in India, offering over 1,300 high-end genetic tests across major disease categories - Oncology, Inherited Diseases, Reproductive Diseases, Infectious Diseases, and Preventive Wellness. Genessense, MedGenome’s direct-to-consumer division, launched in 2021, provides tests in the preventive wellness category, which help understand an individual’s genetic susceptibility to various lifestyle diseases. The company, over the last decade, has sequenced over 500,000 exomes and genomes, built a network of over 8,000 hospitals and more than 24,000 clinicians across India, and has built the largest CAP-accredited genetic testing laboratory in South Asia, a high-throughput Next-Generation Sequencing lab in Foster City, California, and operates across the US, India, Singapore, and Africa.
About Green Cross Laboratories
Green Cross Genetics Lab Private Limited is a distinguished provider of diagnostic and laboratory services, headquartered in Ahmedabad, with a growing operational footprint across Gujarat, including Rajkot, Junagadh, and Gandhinagar. For over 34 years, the company has built a strong reputation for clinical precision, reliability, and technological advancement in diagnostic science.
The organization offers a comprehensive suite of over 800 diagnostic solutions, covering a wide range of specialties such as molecular diagnostics, genetics, biochemistry, microbiology, histopathology, immunoassay, serology, karyotyping, and clinical pathology. Majority of its laboratories are accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL), reflecting its commitment to quality, accuracy, and adherence to the highest industry standards.
Green Cross Genetics Lab operates 17 laboratories and 35 collection centres across its existing network. Each facility is managed by senior pathologists and supported by a skilled team of medical professionals under the guidance of an experienced leadership team that has been at the helm for over three decades.
Renowned for its efficient turnaround times (TAT) and operational excellence, the company serves a diverse clientele, including hospitals, corporate entities, and Public Sector Undertakings (PSUs). Its consistent performance and unwavering dedication have positioned Green Cross Genetics Lab as a trusted partner in the healthcare and diagnostics ecosystem.
(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and and PTI takes no editorial responsibility for the same.). PTI
(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)