ADQ forms new company Arcera to emerge as global life sciences leader

  • Date: 01-Apr-2024
  • Source: GCC Business News
  • Sector:Healthcare
  • Country:UAE
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ADQ forms new company Arcera to emerge as global life sciences leader

ADQ, an Abu Dhabi-based investment and holding company, has formed Arcera, a global holding company in the life sciences sector headquartered in Abu Dhabi, UAE. Arcera is established with the aim to be a leader in addressing and mitigating healthcare challenges by offering products that improve the quality and longevity of human life. Consolidating ADQ’s […]ADQ, an Abu Dhabi-based investment and holding company, has formed Arcera, a global holding company in the life sciences sector headquartered in Abu Dhabi, UAE.

Arcera is established with the aim to be a leader in addressing and mitigating healthcare challenges by offering products that improve the quality and longevity of human life.

Consolidating ADQ’s existing assets in this sector, the establishment of Arcera builds a global life sciences powerhouse set to make significant contributions to realizing Abu Dhabi’s 2030 Healthcare Life Sciences Vision and bolster the UAE’s aspiration to emerge as a frontrunner in science and technology.

ADQ’s shareholdings in three companies were transferred to Arcera: 

Acino International (Acino), a pharmaceutical company headquartered in Switzerland with origins dating back to 1836 and manufacturing sites in five countries as well as commercial operations across four continents that develops, manufactures, markets and distributes a wide range of medicines internationally. 

Birgi Mefar