Saturday, April 26, 2008

Nicholas Piramal's Wellspring Acquires 100 pc Stake In Dr Phadke's Path Labs

Wellspring, the chain of pathology laboratories and diagnostic centres promoted by Nicholas Piramal India Pvt Ltd (NPIL), has acquired the remaining 40 per cent stake in its joint venture with Dr Phadke's Path Labs in Mumbai. The entity, thereafter will be renamed as Wellspring-Dr Avinash Phadke Pathlab and Diagnostics. This will make Wellspring India's largest pathology laboratory chain.
 

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