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A New Era in Oncology : Rakesh Menon’s Guide to The Financial Benefits of Investing in Cancer Technology

A New Era in Oncology : Rakesh Menon’s Guide to The Financial Benefits of Investing in Cancer Technology

The Hindu
Wednesday, December 11, 2024 04:57:24 AM UTC

Healthcare, particularly cancer care, is one of the fastest-growing sectors, combining significant financial returns with the opportunity to support critical, lifesaving advancements.

Confused about where to invest? Healthcare, particularly cancer care, is one of the fastest-growing sectors, combining significant financial returns with the opportunity to support critical, lifesaving advancements. Investing with Previu Health not only addresses a vital healthcare need but also offers meaningful returns. Cancer care stands out as a booming area, driven by lifestyle changes and demographic shifts that highlight the growing burden of cancer in India. Tier-two and tier-three cities, where quality care is limited, present significant investment potential. The rising awareness about cancer, which was once heavily stigmatized, emphasizes early detection and better treatment outcomes, creating a demand for innovative, accessible care solutions.

The healthcare sector is widely regarded as recession-proof, attracting significant attention from private equity and venture capital firms due to its essential nature and promising growth. Experts like Mr. Rakesh Menon and Mr.Srikrishna Seshadri identify healthcare as one of the best investment opportunities for 2024, with returns ranging from 20% to 50%. This growth is fuelled by increasing investments and technological advancements, making it a top contender for profitable healthcare investments. Cancer care, as a sub-sector, has particularly high growth potential, aligning with evolving societal needs and advancing medical technologies. This combination of growth and stability makes healthcare an ideal choice for investors looking for both financial and impactful returns.

Previu Health focuses on preventive care and early detection, addressing gaps in the current healthcare system. By raising awareness and breaking the stigma surrounding cancer, Previu Health ensures that effective care is both accessible and affordable compared to traditional multi-specialty hospitals. Their patient-centric approach targets underserved areas, enhancing access to high-quality treatment in regions where such services are scarce. Investing in healthcare through Previu Health not only yields competitive returns but also contributes to transforming lives by supporting critical advancements in cancer care. This dual impact makes the healthcare sector a compelling choice for forward-thinking investors seeking long-term benefits..

Previu Health is revolutionizing cancer care with a unique approach that combines early detection, prevention, and holistic treatment. The company offers Multi-cancer detection technology, a proprietary test that detects up to 35 types of cancer at stages 0 and 1, far earlier than traditional methods. This test, using mRNA sequencing, can identify cancer before tumors form, enabling early intervention and increasing the chances of successful treatment. The test is available across India, with a lab based in Mumbai, providing a game-changing solution for cancer detection.

The focus at Previu Health goes beyond treatment. They offer a complete cancer care model, from prevention to post-treatment support. On the prevention side, Previu promotes HPV vaccination, a crucial tool in preventing cervical cancer, the second-leading cause of cancer deaths among women in India. In addition to early detection, Previu also focuses on the care aspect by offering distributed cancer care, ensuring that people across the country, including tier-two and tier-three cities, have access to high-quality services. This holistic approach to cancer care is what sets Previu Health apart from other institutions.

Previu Health’s team consists of experienced professionals, including medical oncologists, radiation oncologists, MDs in general medicine, and scientists, all working together to create an integrated ecosystem. The company has tied up with institutions like ISB to use AI in population screenings and is focused on raising awareness about cancer, breaking the stigma, and offering affordable care. Previu Health has already raised its pre-seed funding through a rigorous due diligence process with PwC and is on track to set up its first ten centers. Their mission includes working with organizations that have CSR funds to provide care to underserved populations as well.

As an investor, Previu Health investment opportunities present a highly lucrative proposition. With a 10x return on investment projected within five years, the company’s technology and model position it for high growth. Additionally, the company’s plans include expanding globally, with setups in Dubai and plans to tackle cancer care in Africa. This makes Previu Health an exciting opportunity for investors looking to be part of a pioneering and impactful healthcare venture.

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