Month: December 2021

Cover Story

SmartTrack’s fight against counterfeit drugs

EVOTEQ's SmaƱTrack digital solution is revolutionary in terms of building trust and reliability in the supply chain. The platorm uses serialization and advanced cloud platorms to 'track and trace' the complete journey of products by providing an end-to-end monitoring and analysis. SmartTrack increases visibility and trust across various industries, especially healthcare, pharmaceuticals, food and beverage, raw materials, etc. Track and trace Ttechnology is known to be the next logical step in a consumer-led supply chain with its industry- wide implementation. Logistics…

News & Updates

ADSCC signs Letter of Intent with NIAID

The Abu Dhabi Stem Cell Center (ADSCC), recently signed a Letter of Intent (LOI) with the United States National Institute of Allergy and Infectious Diseases (NIAID), which is part of the National Institutes of Health (NIH). The NIH is an agency within the US Department of Health and Human Services (HHS). The NIH is the largest biomedical research agency in the world. The collaborative research anticipated under this LOI is intended to serve as a basis for subsequent research partnerships…

News & Updates

EHS upgrades its executive and financial regulations

The Emirates Health Services (EHS) has discussed mechanisms of upgrading its executive and financial regulations and ways to develop the capabilities of health cadres and proactive and integrated health services. During the last meeting of the year at its headquarters in Dubai, the EHS board of directors discussed various ideas, suggestions and how to take healthcare services to new heights of excellence, in addition to reviewing the organizational and institutional work accomplished according to the approved operational plan, indicators and…

News & Updates

Irish technology coming to KSA ambulances as a result of multi-million dollar contract signing

World leading Irish technology will soon be coming to the ambulances across the Kingdom of Saudi Arabia as a result of a multi-million dollar contract signing between Irish innovator ACETECH and Bassam Trading Company, a leading distributor in Saudi Arabia for major global manufacturers in the healthcare sector. With Bassam Trading Company being a major supplier for the Saudi Ministry of Health, the $2.4 million dollar contract with ACETECH, a globally leading supplier of software and vehicle intelligence technology for…

News & Updates

Avistone Pharmaceuticals raises $200m in fresh funding with Vivo Capital

Biotechnology Company Avistone Pharmaceuticals recently raised $200 million in fresh funding led by healthcare investment firm Vivo Capital. Avistone is a clinical-stage biotech firm based in Beijing, China that develops oncology therapeutics, with a focus on lung cancer treatments. Several pharmaceutical companies have recently filed to float their shares and raised capital as the COVID-19 pandemic pushed healthcare in the spotlight. Earlier, biotechnology firm Freenome raised $300 million in a late-stage funding round led by Perceptive Advisors and hedge fund…