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Saturday, April 20, 2024

Ayala unit investing P2b for cancer center

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Ayala Healthcare Holdings Inc., a unit of conglomerate Ayala Corp., is spending P2 billion to build the country’s first dedicated cancer specialty hospital.

AC Health said in a statement the stand-alone cancer hospital was envisioned to be a fully integrated, 100-bed facility in Metro Manila.

Ayala president and chief executive and AC Health chairman Fernando Zobel de Ayala said the hospital aimed to address the prevailing gaps in screening, diagnosis and treatment of cancer in the Philippines. 

“Cancer is now the third leading cause of death in the Philippines, and unfortunately, we struggle with poor outcomes. A key pillar of our advocacy is screening and early detection so that we can diagnose patients earlier, and provide them with more affordable high-quality cancer care,” he said.

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