No.1 Healthcare & Pharma Industry Magazine for Middle East & Africa
SAUDI ARABIA – Olayan Saudi Holding Company (OSHCO) and Austria-headquartered healthcare provider VAMED Group have signed a partnership agreement to set up a new rehabilitation and long-term care hospital in…
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UAE – State-owned Dubai Academic Health Corporation (DAHC), AXDEV Group, and Pfizer have signed a public-private partnership for improving chronic disease management. It follows the emerging trends of world-class healthcare…
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UAE – Swiss pharmaceutical company Acino has expanded its market presence in the Middle East after completing its acquisition of Abu Dhabi’s ADQ-owned Pharmax Pharmaceuticals. The successful combination of Acino…
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EGYPT – SEDICO Pharmaceutical has officially started operations at its new US$32 million (EGP 1 billion) oncology drugs factory in Giza, Egypt, to develop and produce cancer drugs. Located in…
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SAUDI ARABIA – Johnson & Johnson MedTech KSA (J&J MedTech KSA) has entered into a multi-year logistics service contract with Tamer Logistics, a third-party logistics (3PL) company. As a subsidiary…
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USA —San Diego-based biotech company, Illumina, has pushed back against Carl Icahn’s criticism of its acquisition of cancer test developer Grail, stating that his proposed board nominees “do not add…
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UAE – Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has signed a five-year cooperative research and development (R&D) agreement with Infinite Brain Technologies (IBT) to pioneer digital health solutions…
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SAUDI ARABIA – Nahdi Medical Company, Saudi Arabia’s pharmaceutical retailer and healthcare company, reported SAR 888 million (US$236.40 million) in net profit for the fiscal year 2022. Nahdi reported a…
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SAUDI ARABIA – Saudi Arabia-based healthtech startup Aumet has closed a US$7 million pre-Series A funding round to scale AI-driven healthcare solutions. The round was led by AAIC, a Tokyo-based…
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USA — Cosmos Health Inc., a global healthcare group specializing in nutraceuticals and distributing pharmaceuticals, OTC medications, and medical devices, has signed a definitive agreement to acquire ZipDoctor Inc. from…
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