ARQCapital boosts MedLine bid to expand dialysis centers
(The Philippine Star) - November 17, 2019 - 12:00am

Manila, Phillipines — Pioneering dialysis chain operator MedLine has secured funding from ARQCapital for the establishment of stand-alone dialysis centers in key areas in the country, giving Filipinos better access to affordable dialysis treatment.

The MedLine-ARQCapital partnership is a welcome development for the country’s health sector, which is now seeing a rising need for more dialysis centers.

The family of Alexander and Sonny Lim established MedLine in 2015, with the goal of becoming the leader in the fast-growing but highly fragmented $300-million Philippine hemodialysis market.

To grow faster and make affordable dialysis available across the country, the group partnered with Francorp to design the first dialysis franchise program in the Philippines.

Since 2018, the brand has been adding an average of one to two new franchises every month and is planning to add 20 franchises over the coming 12 months, in locations such as Baguio, Cavite, Laguna, Batangas, Cebu, Davao and Cagayan de Oro.

ARQCapital, meanwhile, was established in 2014 and has since become a leading boutique investment firm focused on providing growth capital to promising entrepreneurs and SMEs in the Philippines in key sectors such as food and agriculture, consumer, social infrastructure, and financial services.

ARQCAPITAL
Philstar
  • Latest
  • Trending
Latest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

SIGN IN
or sign in with