SAUDI ARABIA – Danaher Corporation, a global life sciences and diagnostics innovator, has expanded its presence in the Kingdom of Saudi Arabia with the opening of its regional headquarters in Riyadh.
The development comes shortly after Danaher completed the US$5.7 billion acquisition of Abcam as the company is looking to expand its portfolio of products and services.
In a press release, Jai Shankar Krishnan, Vice President of High Growth Markets for Danaher, said: “At Danaher, we are committed to working closely with our healthcare partners to make life better for people across the region and the world.”
The official opening of Danaher’s regional headquarters was graced by His Excellency Ibrahim Al Mubarak, Saudi Arabia’s Assistant Minister for Investment.
By establishing a physical foothold in the Saudi Arabian capital, Danaher further bolsters its capability to meet customer needs.
This strategic move will allow Danaher Corporation to extend its capacity to apply its advanced science and technology to improve healthcare outcomes.
Leveraging innovation and technology, the company intends to help enable faster, more accurate diagnoses and help customers reduce the time and cost needed to sustainably discover, develop, and deliver life-changing therapies.
This event marks a key milestone in the company’s commitment and recognition of the Kingdom’s healthcare ambitions, as outlined in its ambitious Vision 2030.
Commenting on the focus areas of Vision 2030, Jai Shankar Krishnan stated: “It aligns with our own priorities of accelerating the power of science and technology to improve human health.”
He observed that the Kingdom continues its commitment to upgrading its healthcare system to tackle the challenges posed by chronic and non-communicable diseases.
Commenting on the strategic location of regional headquarters, Bouchra Bensaoud, Danaher President for the Middle East and Africa & Turkey, said: “The establishment of the RHQ will help us tackle strategic business initiatives in the region.”
With over 150 associates and offices across Riyadh, Jeddah and Dhahran, Danaher has a broad presence across the Kingdom of Saudi Arabia.
The global life sciences and diagnostics innovator remains committed to accelerating the power of science and technology to improve human health.
The hundreds of associates help ensure that Danaher is improving quality of life for billions of people, while setting the foundation for a healthier, more sustainable tomorrow.
Its businesses partner closely with customers to solve many of the most important health challenges impacting patients around the world.
Through its operating companies, Danaher is uniquely positioned to support healthcare in the Kingdom of Saudi Arabia. It is important to note that Saudi Arabia is one of the fastest-growing markets for Danaher globally.
The Riyadh RHQ will provide a conducive workspace the company’s dynamic team supporting key Saudi institutions, including the Ministry of Health, the National Guard Health Affairs, and Academic Research Institutions.
Moreover, the opening of the regional headquarters in Riyadh is the first step in enabling Danaher to advance the healthcare and biotech transformation programs in the Kingdom of Saudi Arabia.
“The inauguration of the Riyadh RHQ will help up to invest in developing leadership talent in Saudi Arabia, and strengthen our culture of deploying the Danaher Business System (DBS) to serve our customers,” underscored Bouchra Bensaoud.