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QMS Medical Allied Shares Soar 5% on Partnership with HCAH to Create India's Largest Patient Support Platform
M
Moneycontrol•28-09-2026, 17:04
QMS Medical Allied Shares Soar 5% on Partnership with HCAH to Create India's Largest Patient Support Platform
- •QMS Medical Allied and HCAH have partnered to merge their pharma services businesses, forming India's largest patient support program (PSP) platform.
- •The PSP businesses will combine under Saarathi Healthcare, a wholly-owned subsidiary of QMS, bringing together over 160 PSPs impacting 1.2 million+ patients.
- •The merged entity will leverage 2,000+ professionals across 35+ cities, offering comprehensive patient journey support from screening to disease management.
- •This strategic combination aims to create a scaled provider of PSP solutions for pharmaceutical companies, enhancing reach and execution capabilities.
- •The move capitalizes on India's expanding patient support services market, projected to reach $1 billion by 2030, driven by rising chronic diseases and digital adoption.
Key Questions Answered
QMS Medical Allied shares hit a 5% upper circuit at Rs 206 apiece after announcing a partnership with Health Care At Home India Pvt Ltd (HCAH) to merge their pharma services businesses.
The patient support program (PSP) businesses of HCAH and QMS will be combined under Saarathi Healthcare, which operates as a 100% subsidiary of QMS.
The merged platform will bring together over 160 patient support programs that impact more than 1.2 million patients, supported by over 2,000 professionals across more than 35 cities.
