Mubadala Health and G42 Healthcare join forces to create new entity embodying “The Future of Healthcare”

Mubadala Health and G42 Healthcare join forces to create new entity embodying “The Future of Healthcare”

Abu Dhabi, UAE: G42, the leading UAE-based artificial intelligence and cloud computing technology company, and Mubadala, an Abu Dhabi sovereign investor, today announced they will merge their respective healthcare businesses to create a new, first-of-its-kind integrated healthcare company.

In bringing together G42 Healthcare’s unique medical and data-centric technologies and Mubadala Health’s world-class patient care, the new entity will seek to revolutionize the regional healthcare landscape and deliver a new approach to personalized, patient-centric care.

Hundreds of thousands of patients are already served by the two organizations each year. The new entity will leverage the strength of this combined network, which includes state-of-the-art healthcare facilities and digital platforms, to elevate patient services across the continuum of care.

Operating at the forefront of medical research and innovation, the new company will become a vertically integrated healthcare powerhouse, delivering pioneering clinical solutions to help solve the world’s most critical health and diagnostic challenges. Hasan Jasem Al Nowais has been appointed CEO of the new entity and will also continue to lead Mubadala Health.

Peng Xiao, Group CEO of G42, stated: “We aim to build on the respective strengths of G42 Healthcare and Mubadala Health to unlock healthcare super-intelligence and facilitate global healthcare expansion. Our capabilities and experience