The investor has announced a significant investment in Cancer Clinics, aiming to enhance accessible cancer care in India amid a growing patient burden.
Information on the Target
Cancer Clinics, also known as Cipher Oncology, is an asset-light comprehensive cancer care platform aimed at transforming the healthcare landscape in India. As the country grapples with a rising cancer burden, Cancer Clinics offers an innovative approach that prioritizes accessibility and efficiency in cancer treatment. Their model emphasizes a multi-disciplinary strategy from the outset, minimizing unnecessary testing and optimizing patient costs throughout the treatment process.
Since its inception, Cancer Clinics has experienced rapid growth, doubling its patient engagement and referrals each quarter. With a unique focus on saturation within regional markets, the company is well-positioned to capture patients currently traveling from rural areas to metropolitan centers for care, thereby reducing patient acquisition costs and enhancing the overall treatment experience.
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Industry Overview in India
India faces a significant public health challenge with a rising cancer incidence, estimated at approximately 1.2 million new patients annually. However, the true figure is believed to be substantially higher due to underreporting and insuffi
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Undisclosed Investor
invested in
Cancer Clinics (Cipher Oncology)
in 2023
in a Series A deal