Latest News | Oncquest Laboratories Acquires Indian Facilities of Quest Diagnosts from Strand

New Delhi, Aug 31 (PTI) Diagnostics chain Oncquest Laboratories on Monday said it has acquired Indian facilities of Quest Diagnostics, from clinical research and diagnostics company Strand Life Sciences.

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The company, however, did not provide any financial details of the acquisition.

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Strand Life Sciences had acquired the India medical diagnostics business of Quest Diagnostics in 2018.

"This acquisition is just the right trigger we needed to catapult our growth plans. We do look forward to many more such synergistic acquisitions to help us ramp-up our operations in India," Oncquest Laboratories Promoter & MD Aditya Burman said.

Oncquest Laboratories Director Ravi Gaur said, "The acquisition will help in making it (Oncquest Laboratories), the future epicentre of the much technological advancement in healthcare". .

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)