The Hindu : Business : Apollo to operate hospital in Yemen

Online edition of India's National Newspaper
Friday, Feb 16, 2007
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Business

Business

Apollo to operate hospital in Yemen

Special Correspondent

Signs MoU with HSA group; no investment from Apollo

— PHOTO: MOHAMMED YOUSUF

GOING PLACES: Executive Director of Hayel Saeed Anam Group and Deputy Governor of Taiz State in Yemen, Shawki Ahmed Hayel (left), and Chairman, Apollo Group of Hospitals, Prathap C. Reddy, exchanging documents after signing a memorandum of understanding in Hyderabad on Thursday.

HYDERABAD: Apollo group of hospitals and Hayel Saeed Anam group (HSA) will jointly run a $25-million `Apollo Hayel Super-specialty Hospital' at Taiz in Yemen by September this year.

The Chairman of the Apollo group, Prathap C. Reddy, and Executive Director of HAS, Shawki Ahmed Hayel, who is also the honorary Deputy Governor of Taiz State in Yemen, signed a memorandum of understanding here on Thursday formalising the partnership. The Apollo group will provide operational expertise, while there is no direct financial investment from its side.

Mr. Hayel said the HSA group, which had interests in many sectors, including oil, manufacturing, food processing, IT and exports-imports, would be setting up an oil refinery in Yemen in collaboration with Reliance Industries Ltd.

Heart vessel research

Addressing presspersons, Dr. Reddy said the Apollo group, in association with Johns Hopkins Medicare, would establish a research institute in Hyderabad to discover the "mischief-maker" causing heart diseases among young Indians. Heart vessels of Indians were smaller than those of people in the West, said Dr. Reddy.

The Apollo group would tie up with nanotechnology research institutes, Institute of Immunology and others for conducting the research. A few researchers from Harvard would work on it in Apollo's Hyderabad campus.

A large sample of those with family history of heart diseases including school and college students would be taken for research. "It is terrible to think that 50 per cent of Indians will have heart problems by 2010 and it goes up to 60 per cent by 2012," he said.

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