Abu Dhabi’s G42 Healthcare, Mubadala Health create M42 with global plans

Abu Dhabi’s G42 Healthcare, Mubadala Health create M42 with global plans

Dubai: G42, the Abu Dhabi-based AI technology entity fresh from two highly successful IPOs, is to launch a new company - M42 - in alliance with Mubadala Investment Co.. M42 will be a tech-enabled healthcare company and brings together G42 Healthcare and Mubadala Health. The new enterprise combines G42 Healthcare’s medical and data-centred technologies with Mubadala Health’s patient services and specialist facilities to provide personalized and preventative care. It will be led by Hasan Jasem Al Nowais as Group CEO and Managing Director. This is the culmination of the October 2022 announcement which said that G42 Healthcare and Mubadala Health will join to create an integrated healthcare technology powerhouse. M42 will look at 'opportunities for global expansion and partnerships with pharmaceutical, healthcare, and healthtech leaders to bring high-quality care to communities around the world'. "We are excited to impactfully disrupt the global healthcare industry," said Al Nowais. "Our vision is to transform lives through innovation by providing personalized and precise patient care. "We are confident that through our operating companies, M42 will create a future in which dedicated healthcare professionals are empowered by the latest technology to optimize patient outcomes. M42 also represents a platform for us to target international