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Tuesday, 3 November 2020

Nile Scan to establish diagnostic radiology centers in Speed Medical labs

Nile Scan is setting up specialized diagnostic radiology centers within Speed Lab and Misr Lab branches after the companies signed an MoU, according to a regulatory filing (pdf). Nile Scan will outfit the branches with diagnostic radiology devices, while Speed Medical and its subsidiary Misr Labs will provide the venues and other services in exchange for a 30% cut of the profit. Speed Medical had acquired Misr Laboratories’ eight branches in an all-share transaction worth EGP 10 mn last September.

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