Mediclinic Middle East acquires minority stake in fertility centre

      Published on Sunday, 4 November , 2018      67 Views     
Mediclinic Middle East acquires minority stake in fertility centre


Mediclinic Middle East has acquired a minority stake in Bourn Hall International MENA Limited,



the holding company for the Bourn Hall Fertility Centre in the UAE, which was brought to the Middle East in 2010 by private equity firm TVM Capital Healthcare.

Mediclinic said the acquisition lays the foundation for a partnership focused on a long-term MENA-focused expansion in the field of assisted reproduction.

In a first step, Bourn Hall Fertility Centre will take over operations of Mediclinic Middle East’s existing IVF clinic located at Mediclinic Al Ain Hospital,

and operate it under the Bourn Hall umbrella, as Bourn Hall International MENA Ltd. will continue to operate and manage its IVF business independently and under its existing brand.

Bourn Hall’s UK founder, Professor Robert Edwards, invented the IVF concept over forty years ago, in 1978, and was subsequently awarded the Nobel Prize in medicine in 2010.

Hoda Abou-Jamra, CEO of Bourn Hall International and founding partner of TVM Capital Healthcare, said: “We are very pleased to have found such a reputable strategic partner to further grow Bourn Hall International MENA Ltd. within the UAE and the MENA region which present significant opportunities for the growth of IVF clinics. A rise of infertility levels caused by genetics and lifestyle factors, is not matched by a sufficient supply of high-quality, state-of-the-art IVF providers.”

David Hadley, Chief Executive Officer at Mediclinic Middle East, added:

“We are delighted to be working with Bourn Hall International MENA Limited, a brand synonymous with IVF, to expand Mediclinic Middle East’s presence in this growing and important market. Their reputation for trusted expertise and quality outcomes matches our own, as does their ethical approach to healthcare, and they will bring a wealth of additional knowledge and experience to the IVF centre we currently operate at Mediclinic Al Ain Hospital and the services we plan to add across the region in the future.”



Mediclinic Middle East is part of Mediclinic International, a private hospital group with three operating platforms in Southern Africa, Switzerland and the UAE, and a 29.9% shareholding in Spire Healthcare in the UK.

Keywords:
Category Gulf News | 2018/11/04 latest update at 3:00 PM
Source : Arabian Business | Photocredit : Google
68 Views
Comments Add comment



Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.


Sponsored Publications



Saudi Alhokair’s mall unit files for IPO, offering in second quarter: sources
Saudi Arabia Saudi Arabia news

Saudi Alhokair’s mall unit files for IPO, offering in second quarter: sources

Saudi Arabia’s Fawaz Alhokair Group plans to offer shares in its shopping malls business in Riyadh in the…

Saudi Arabia new rules

Property prices continue to fall in key UAE markets

UAE banks invest Dh87 billion in Saudi Arabia, Egypt

King Salman receives dignitaries in Riyadh King

King Salman receives dignitaries in Riyadh

The Kingdom’s Grand Mufti Sheikh Abdul Aziz Al-Asheikh, senior scholars, ministers and a group of citizens called on…

Saudi King Salman reshapes country’s political and security affairs council King

Saudi King Salman reshapes country’s political and security affairs council

Saudi King Salman on Thursday announced a new list of appointees to key positions in the country’s political…

Saudi Arabia’s Prince Talal bin Abdulaziz has died King

Saudi Arabia’s Prince Talal bin Abdulaziz has died

Saudi Arabia’s Prince Talal bin Abdulaziz passed away on Saturday, family members and Saudi media said on Twitter.…

Bahraini crown prince meets Saudi officials in Riyadh King

Bahraini crown prince meets Saudi officials in Riyadh

Bahrain Crown Prince Salman bin Hamad Al-Khalifa held talks with Saudi officials in Riyadh this week. His visit…

GULF TV

Popular in GULF TV

PIRELLI “DREAMING” – THE CAL 2019 making of Full Version | Fashion Channel

1906 Views

A photographic tale of the aspirations of four women and their determination to achieve their goals, each one…

Latest videos in GULF TV

Events

Lifestyle

Culture

Sport

Science & Technology

Government