MEDLAB Announces Partnership With Synlab Group


Accra, May 18, 2015 – Medlab Ghana Limited (Medlab), Ghana’s premier medical laboratory has entered into a strategic partnership with Synlab, one of the largest Clinical Laboratory Services providers in Europe. Synlab will become a significant shareholder in Medven Africa, the parent company of Medlab, and will support the future growth of Medlab.

In particular, Synlab will assist Medlab to provide a wider range of specialised tests, to access an extensive range of specialised pathologists who can consult on patient results, to accelerate the introduction of new diagnostic technologies, and to develop partnerships with hospitals.

Dr Rosemary Keatley (Managing Director) and Mark Keatley (Chairman) will continue to be the executive management of Medlab Ghana, and will also support Synlab in identifying opportunities to provide international quality diagnostic services in other fast-growing African markets.

Dr Rosemary Keatley, Managing Director of Medlab, commented: “We are excited about our partnership with Synlab, which will enable us to continue our rapid growth with the support of a strong partner. Medlab is a trusted name and a quality medical diagnostic services provider in Ghana. The partnership between Synlab and Medlab brings a unique combination of strengths to realise our full potential in Ghana and to address the broader African market.”

Dr Bartl Wimmer, Chief Executive Officer of Synlab, said: “We are pleased to be entering the growing African laboratory services market with a strong and established local partner. This partnership combines Synlab’s excellence in international clinical laboratory services and Medlab’s operational experience on the ground and extensive contacts throughout Africa.”

Medlab, headquartered in Accra, Ghana, is also celebrating its 20thanniversary in the country. Medlab’s central laboratory in Accra, became in 2008, the first lab in West Africa to be accredited to ISO-15189, the highest quality standard in the world for medical laboratories. Medlab provides a wide range of laboratory analysis, and also provides, since 2001, radiology services through Medical Imaging Ghana, so that patients can benefit from a “one-stop-shop”. Medlab has 4 laboratories and 5 other branches in Ghana, and employs over 60 staff.

About Medlab
In 2014, Medlab was voted the “Most Trusted Brand in the Medical Sector of Ghana” in an independent consumer research poll conducted by Premier Brands. Medlab has an active program of Corporate Social Responsibility, in which it supports medical training, and provides cancer screening at a subsidised rate.

Medlab’s executive management team is led by Dr Rosemary Keatley, a Cambridge University-trained physician who is also a US-Board-certified specialist, and Mark Keatley, the former CFO of Actavis and of Ashanti Goldfields, who has successfully managed businesses working in over 20 countries in Africa.

About synlab
Synlab Group, headquartered in Augsburg, Germany, was founded in 1998 and is one of the largest providers of medical laboratory services in Europe. In 2014, Synlab generated revenues of EUR 756 million (approx. US$ 850 million on a proforma basis). Synlab offers a full range of laboratory analyses with a catalogue of over 5,000 tests, and also provides laboratory testing for veterinary medicine and environmental testing. Synlab has branches in 25 countries in Europe and the Middle East, and has a staff of approximately 7,000 across Europe. Synlab performs approximately 1 million tests every day


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