Wijaya Baru Medical to invest up to RM5m to promote cancer treatment programme

The Edge: Wijaya Baru Global Bhd subsidiary Wijaya Baru Medical Sdn Bhd (WBMSB) will spend between RM2 million and RM5 million to promote its CyberKnife stereotactic radiosurgery treatment programme.
It expects to have 500 cancer patients under the programme next year.
Its deputy chief executive officer Faizal Abdullah said WBMSB’s Wijaya International Medical Centre in Petaling Jaya had treated up to 40 cancer patients since its inception in September.
“There are 40,000 people diagnosed with cancer every year and these people are going overseas for treatment. Our treatment is between 20% and 45% cheaper than overseas,” he told reporters after Wijaya Baru's EGM in Petaling Jaya yesterday.
At the EGM, its shareholders approved the group’s proposed purchase of medical equipment for RM42.95 million cash. Faizal said the purchase would be funded via borrowings and advances from the group’s directors.
He said the company would see a return on the investment by 2008.
Faizal said the WBMSB would embark on a nationwide roadshow by the first quarter of next year and approach medical fraternities in the country to promote the company’s CyberKnife programme.
He said WBMSB would also participate in local and international medical exhibitions next year, starting with an exhibition in Dubai in January.