Cerba HealthCare, a global player in medical diagnosis, and Nexus Gulf Healthcare, a healthcare investment company focused on developing the healthcare system in Saudi Arabia, through its Saudi investing arm Al-Gihaz Healthcare, announced they have established a joint venture to offer best-in-class diagnosis solutions to sustain the ongoing transformation in the Kingdom, with a focus on clinical pathology. The joint venture — Cerba HealthCare Saudi Arabia — will be headquartered in Riyadh, where it will locally build a team of experienced professionals.
As part of the ongoing reforms in the country, the Kingdom launched its Vision 2030 plan illustrating the country’s commitment to diversifying its economy and developing the private sector including healthcare, with the goal of enhancing the quality of services for the Saudi Arabian population.
Cerba HealthCare Saudi Arabia comes within the framework of the ambitions set out under Vision 2030 for enhanced partnerships with global private healthcare operators, and a need for better integrated medical solutions that adhere to international best practices and ensure knowledge transfer.
Nexus Gulf Healthcare and Al-Gihaz Healthcare are committed to accelerating sustainable growth through quality, socially and environmentally responsible investments that enable the development of a globally recognized healthcare system in the Kingdom. Their refined knowledge of the Gulf region and its healthcare environment has allowed them to establish a robust track record in developing similar platforms in the country, including the Altakassusi Alliance Medical consortium, which was recently awarded the diagnostic imaging pilot PPP project by the Saudi Ministry of Health.
Jérôme Thill, CEO of Cerba HealthCare, said: “This agreement comes at a time of deep transformation in Saudi Arabia, and we are confident that the Vision 2030 plan will help the country step further in providing citizens with the highest quality of healthcare services while offering them the opportunity to choose from a larger network of healthcare services providers. From Cerba HealthCare’s perspective as a leading global player in medical diagnosis, this represents a great opportunity to propose its know-how specifically in specialized clinical pathology, genetics and ability to handle national prevention programs. But in healthcare, like in other markets, most often coming up with the most relevant solutions needs to team up with the right partners, and I trust Nexus Gulf is the perfect ally, bringing a strong track record in building public/private partnerships and supporting the development and growth of healthcare companies in the Gulf region.”
Youssef Haidar, executive director at Nexus Gulf Healthcare, added: “We are very enthusiastic about this joint venture as we see the great level of professionalism and expertise Nexus Gulf Healthcare and Cerba HealthCare can bring together, and how it can actually translate into a better integrated healthcare offering for the Saudi Arabia population. The Vision 2030 plan is a truly strategic step for the country just like it is a tremendous opportunity for seasoned healthcare players to bring added value and expertise built over time to the growing Saudi Arabian population.”
