Tag: Healthcare Sector
UAE to become regional pharmaceutical hub with Pharmax-Acino partnership
UAE-based leading pharma Pharmax Pharmaceuticals has entered into a strategic partnership with Swiss drug company Acino in a move towards making the Emirates a...
UAE-based wellbeing app Valeo raises $3mn in seed funding
UAE-based wellbeing-tech startup Valeo Wellbeing (Valeo) has raised $3 million in the seed round led by Dubai venture capital firm Nuwa Capital along with...
Saudi’s Tabuk Pharmaceuticals to market Moderna’s COVID-19 Vaccine in Kingdom
Saudi Arabia’s leading pharmaceuticals firm Tabuk Pharmaceuticals has signed an agreement with the US-based biotechnology company Moderna to commercialize the Moderna COVID-19 Vaccine and...
Foundation Holdings joins with EDB to invest $30mn in healthcare &...
Bahrain Economic Development Board (EDB) has signed a memorandum of understanding (MoU) with the global strategic investment firm Foundation Holdings to invest $30 million...
UAE-based healthtech startup Smileneo raises $2mn for future expansion plans
UAE-based HealthTech startup Smileneo has raised $2 million in seed funding to develop its team, operations and expand into new markets.
According to the reports,...
Mubadala plans to acquire NMC hospital business
Abu Dhabi state-owned sovereign wealth fund Mubadala Investment Company is reportedly considering purchasing NMC Health’s core hospital business, becoming yet another suitor for the...