Mubadala Health, G42 Healthcare to create new entity embodying ‘The Future of Healthcare’

Mubadala Health, G42 Healthcare to create new entity embodying ‘The Future of Healthcare’

ABU DHABI, 6th October, 2022 (WAM) -- Mubadala Health and G42, the leading UAE-based artificial intelligence and cloud computing technology company, on Thursday, 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 revolutionise the regional healthcare landscape and deliver a new approach to personalised, patient-centric care.

The two organisations already serve hundreds of thousands of patients 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. It will deliver 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 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