27 June 2022 | News
The Group acquires 51 per cent of kidney dialysis operator to offer holistic management of kidney health for dialysis patients
Image credit: shutterstock
Malaysian Genomics Resource Centre, a leading genomics and biopharmaceutical specialist, has announced that the Group is acquiring a 51 per cent stake in Aquahealth Sdn Bhd, a kidney dialysis operator, from Rinani Renal Berhad.
Aquahealth is establishing a kidney dialysis centre in Gombak, Selangor, with the license to operate the centre owned by the Malaysia International Islamic Chamber of Commerce. With the acquisition of the stake, Malaysian Genomics, through its wholly-owned subsidiary, MGRC Healthcare Sdn Bhd, will now become the operator of the dialysis centre.
En. Sasha Nordin, Chief Executive Officer of Malaysian Genomics, said, "This will be the first of many centres across the country that will be driven by a personalised kidney care model integrating dialysis with nutrition management, lifestyle changes, and even genetic testing of patients and their immediate family members. This pioneering approach will focus on bringing innovations in service delivery to improve the lives of patients with chronic kidney disease."
According to the Ministry of Health's Management of Chronic Kidney Disease report, the number of Malaysians with kidney disease is projected to increase significantly in the future mainly due to the prevalence of diabetes, hypertension and an aging population. At 13.2 per cent per year, Malaysia has the second highest annual growth rate of chronic kidney disease in the world.