Diaverum Expands into UAE
Deal News | Jan 28, 2025 | Zawya
Diaverum, acquired by M42 in 2023, is set to expand its operations into the UAE with new facilities in Abu Dhabi and Al Ain, marking a significant push into the Gulf region's healthcare sector. Known as the largest renal care provider in Saudi Arabia, Diaverum will offer advanced technological solutions and personalized care, focusing on innovative treatments like home and holiday dialysis, alongside traditional options. This entry aims to address the growing healthcare challenge posed by chronic kidney disease (CKD) in the UAE, partly attributed to a high prevalence of diabetes among the population. Diaverum's expansion leverages M42's Global Patient Care platform and technological expertise to revolutionize renal care, offering precision and preventive medical approaches. Collaborations with M42's Imperial College London Diabetes Centre further underscore a comprehensive strategy to combat CKD and associated conditions. This strategic move aligns with Diaverum's global mission to enhance patient care quality through AI-driven solutions and a dedicated Care Delivery Model.
Sectors
- Healthcare
- Digital Health
Geography
- United Arab Emirates – The article discusses Diaverum's entry into the UAE market, highlighting regional healthcare challenges.
- Saudi Arabia – Diaverum's existing operations as a leading renal care provider in Saudi Arabia set the stage for its UAE expansion.
Industry
- Healthcare – The article focuses on Diaverum's expansion into the UAE's healthcare sector, particularly in renal care.
- Digital Health – The strategic use of M42's digital and AI capabilities in Diaverum's renal care delivery emphasizes this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diaverum | Target Company | Companies | A global leader in renal care, expanding into the UAE with support from M42. |
| M42 | Bidding Company/Buyer | Companies | An entity that acquired Diaverum in 2023, facilitating its expansion into the UAE. |
| Ziyad Kabli | Chief Operating Officer for Diaverum Middle East & Africa | People | Provided commentary on Diaverum's strategic expansion into the UAE. |
| Dr. Ali Anees | Chief Operating Officer for Global Patient Care in the UAE and Bahrain | People | Commented on the strategic significance of Diaverum's entry into the UAE. |
| Dimitris Moulavasilis | Chief Executive Officer of Diaverum | People | Discussed Diaverum's mission and strategic objectives with its UAE expansion. |