CMD - MESSAGE

Indian diagnostic market is estimated at 3000 crores in organized and unorganised segments.The diagnostic market is growing at a rate of 20% on yearly basis.

In India quality testing services are still not affordable to large segment of population and limited availability of services leaves a larger platform for new Clinical Referral Labs to emerge in the market place.

Path Care has positioned itself in the present market place with a mission to establish 25 regional clinical laboratories spread across the country with a promise to esure Quality,Reliability and Customer Care.

Indian diagnostic companies are riddled with problems of TATs,pricing,quality of sample collection centers,sample transportation and handling,all these factors affect the quality of testing.

PathCare Central and Regional Labs are planned and emerged to address these critical issues by providing decentralized testing services.

Path Care is committed to quality and we have developed mechanisms to control and ensure quality at every stage of samples processing across all our laboratories.Pathcare Online Software is equipped with a quality control module which helps us to keep our commitment.

Looking back on the progress we have made during the last one year or so and the position we are in was possible only due to young committed PathCare Team,who have shown exceptional ownership towards our growth.

I would like to acknowledge the commendable support extended by our associates in our journey.

Path Care believes in People's Centric Approach - Keeping in line with the values of the company the management has proposed to invite some of the team members as directors of the company. Necessary training and grooming of personnel is under way.stock options have been considered by the managment for all the employees.

Path Care is looking ahead to increase its direct presence in more cities and towns in India with large network of collection centres . We have created a road map to establish 25 Regional Laboratoreis supported by over 1000 collection centres by 2011.

Leveraging the brand and available infrastructural facilities, Path Care has started one of its most ambitious projects in the area of modern day Biology - the Cord Blood Stem Cell Banking under the brand name of Cord Care.

We have made our humble biginning towards a long journey ahead...

I sincerely wish the best to all those who are part of this journey.

Thank you

Dr.G.V.Prasad

Chairman & Managing Director.