Month: January 2020

A Jordanian researcher has created a device that can be used by individuals for early breast cancer detection, according to a statement by the King Abdullah II Fund for Development (KAFD). Believing in “the importance of stimulating scientific and technological innovation by members of society”, researcher Tasnim Harahisha developed the device out of a desire to find practical solutions to the problems and needs of local communities. Harahisha’s invention is one of many that the KAFD has funded, the statement…

Emirates Islamic, one of the leading Islamic financial institutions i n  t h e   UAE,   has contributed D h 2 million to Mohammed Bin Rashid University o f Medicine and Health Sciences (MBRU). The contribution, which is  provided through Emirates Islamic’s Charity Fund, will be used to help the University launch its first mobile cl inic, ‘Wellness on Wheels.' Awatif Al Harmoodi, general manager, Operational Quality & Processes, Emirates Islamic, said, “As a bank that has always been a pillar of the community and is committed to supporting the UAE’s healthcare industry,…

Global healthcare giant GlaxoSmithKline (GSK) and Neopharma, a UAE-based pharmaceutical company, have announced the launch of the first locally produced batch of medicines. The partnership, announced in 2019, established Neopharma as GSK's third-party manufacturer for handling the final manufacturing stage for six of its most prescribed medicines in the UAE. This first batch includes 35,000 packages of medicine, which have been manufactured at Neopharma's manufacturing plant in Abu Dhabi, with plans to have them readily available for UAE patients in a month. The launch of the locally produced batch reaffirms the UAE's vision to become a pharmaceutical…

Abu Dhabi-based Gulf Capital recently announced its three- year growth plans for IVI RMA Middle East, the fastest growing provider of fertility treatment services in the GCC, following its acquisition for over $100 million. Gulf Capital said in a statement that it is actively targeting investments within the fast growing and defensive healthcare sector and has identified the fertility sub-sector as a key focus priority, given its expected double-digit growth rates across the region. With increased awareness coupled with the technological advancements in the field, the fertility sector in the GCC is forecast to continue to grow at 15 percent annually over the next five years. The new growth…