India’s largest private diagnostic player Dr Lal PathLabs is now eyeing a leadership position in the western India market within the next five years. It plans to do so on the back of Suburban Diagnostics, its wholly-owned subsidiary.
Suburban Diagnostics, which draws almost 70-80 per cent of its revenue from the Mumbai market, has now opened a 13,000 square feet reference laboratory in the city. This is the first Biosafety level-3 (BSL-3) laboratory by any private diagnostic player, the company said.
Om Manchanda, MD, Dr Lal PathLabs said that the contribution of the west zone has increased from 6 per