ADQ to create UAE’s largest healthcare platform within Pure Health

Abu Dhabi’s ADQ has entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE.

Abu Dhabi Health Services Company (SEHA) and The National Health Insurance Company PJSC (Daman) will merge into Pure Health as part of the agreement. Additionally, Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Centre will also become a part of Pure Health, which already has a diversified portfolio of hospital management, laboratory services, medical supplies and healthcare informatics.

Patients will benefit from access to greater clinical expertise and healthcare services across the spectrum of care.

We plan to create the UAE’s largest healthcare platform by consolidating several companies – including our portfolio companies @SEHAHealth and @DamanInsurance – within @PureHealthae. pic.twitter.com/bShUf6BjfE

— ADQ (@Adq_Official) January 5, 2022

Mohamed Hassan Alsuwaidi, chief executive officer of ADQ, said, “We are further driving efficiencies to establish the UAE’s largest healthcare network, underpinned by clinical excellence, through elevated services, optimised healthcare spend and improved efficiencies across the value chain. Combining the strength of clinical powerhouses and the UAE’s leading health insurer will develop a scalable healthcare platform for growth.”

Mohamed Thani Murshed Al Rumaithi, chairman of Alpha Dhabi Holding, said, “This unique ecosystem, with a keen focus on combining technology with healthcare, creates a scalable platform for international growth, driving recognition and value for the nation and our investors.”

.@ADQ_official will establish the largest healthcare platform in the UAE by integrating @SEHAHealth, @DamanInsurance, and other healthcare entities with Pure Health, expanding patients access to clinical expertise and ensuring efficient healthcare ecosystem. pic.twitter.com/f2pjGN976r

— مكتب أبوظبي الإعلامي (@admediaoffice) January 5, 2022

Farhan Malik, managing director and CEO of Pure Health, commented, “We believe that healthcare is too important to remain the same. Our north star is to enable greater longevity of humankind, and we will constantly work towards a healthier and longer life for the people of UAE.”

ADQ will become the largest shareholder in Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.

The transaction is subject to customary closing conditions, including regulatory approvals.

Read: UAE’s Alpha Dhabi Holding acquires 25% of Al Qudra Holding