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ABU DHABI, UAE, Nov. 20, 2023 /PRNewswire/ — PureHealth Holding PJSC (Public Joint Inventory Firm beneath incorporation), the most important healthcare platform within the Center East, has introduced its intention to proceed with an preliminary public providing (IPO) and subsequently listing its shares on the Abu Dhabi Securities Change (ADX).
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Topic to acquiring regulatory approvals and different related concerns it’s anticipated that buying and selling on ADX will begin in December 2023.
Shareholders in PureHealth are at present Alpha Dhabi Holding (ADX:ALPHADHABI) and Worldwide Holding Firm (IHC) Healthcare Holding LLC, subsidiaries of the Abu Dhabi primarily based conglomerate IHC; and ADQ, an Abu Dhabi -based funding and holding firm, by the use of a completely owned subsidiary.
PureHealth has been on a journey of consolidation and progress over the previous years. With a various UAE portfolio encompassing over 25 hospitals, 100 clinics, a number of diagnostic facilities, medical health insurance options, pharmacies, well being tech, and procurement, PureHealth can be actively increasing its presence globally together with the current acquisition of 100% stake in Circle Well being Group, the UK’s largest unbiased operator of hospitals, marking an necessary milestone within the firm’s journey in direction of creating a world healthcare community which revolutionizes affected person care. In Might 2023, PureHealth accomplished its acquisition of Ardent Well being Companies, which is USA’s fourth largest personal healthcare group, turning into the one Center East primarily based healthcare supplier to immediately purchase belongings in US hospitals and clinics.
PureHealth is dedicated to elevating requirements in healthcare excellence, facilitating the event of cutting-edge healthcare options, and advancing the science of longevity. PureHealth works in direction of its said objective of remaining on the forefront of advancing well being methods and envisioning the healthcare of the longer term.
Hamad Al Hammadi, Chairman of the Board of Administrators of PureHealth, mentioned: “Healthcare is a elementary pillar of any thriving society. We’re assured that the ability of innovation and progress, which has introduced PureHealth to the cusp of this main milestone, will proceed to drive the corporate ahead and impact optimistic change inside the sector. Testomony to the continued dynamism and vibrancy of Abu Dhabi’s capital markets, the deliberate itemizing would enable PureHealth to say a place among the many world’s main healthcare teams, benefitting folks in an growing variety of international locations whereas reliably main the best way in executing growth goals of our nation.”
Farhan Malik, Managing Director of PureHealth, mentioned: “We’re more than happy to announce our intention to drift PureHealth on the Abu Dhabi Securities Change. This IPO will allow PureHealth to proceed to solidify its place as nationwide champion, broaden the depth and geographic attain of groundbreaking innovation for sufferers, healthcare know-how, growth globally by way of acquisitions and positioning Abu Dhabi on the forefront of healthcare globally. Aligned with the UAE management’s imaginative and prescient for a progressive and sustainable society, this IPO will place Abu Dhabi as a frontrunner within the world healthcare panorama. It is a important milestone for the UAE as PureHealth continues to revolutionize healthcare by deploying well being tech platforms and increasing globally, guaranteeing efforts to ship the perfect in healthcare from Abu Dhabi to the world.”
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In step with its mission to advance the science of longevity, PureHealth lately launched Pura, an AI-powered super-app that seamlessly integrates healthcare info obtained from a number of sources, together with real-time monitoring by way of wearable gadgets. With a transparent understanding that conventional brick and mortar healthcare shall be disrupted sooner or later, PureHealth is proactively working in direction of taking Healthcare to the cloud and as such, has created PureNet, its Digital Well being as a Service platform, an answer for all healthcare suppliers by way of their digitization journey and to broaden their digital well being providers. PureHealth is specializing in constructing a world platform which is able to serve not solely the present affected person wants, relatively taking a look at inhabitants well being administration and evolving the enterprise of healthcare to cater for the subsequent generations to return.
About PureHealth
By advancing the science of longevity, PureHealth is introducing the healthcare of the longer term from the UAE to the remainder of the world. PureHealth is the most important built-in healthcare platform within the Center East, with an ecosystem that challenges lifespans and reimagines well being spans. With 25+ hospitals, 100+ clinics, a number of diagnostic facilities, medical health insurance options, pharmacies, well being tech, procurement, investments and extra, its groundbreaking improvements are on the forefront of healthcare, as the corporate is on a mission to unlock time for humankind.
PureHealth’s community of healthcare services throughout Abu Dhabi and the Northern Emirates includes:
- SEHA – Abu Dhabi Well being Companies Firm – One of many largest healthcare networks of hospitals and clinics within the UAE
- Daman – The Nationwide Well being Insurance coverage Firm, the UAE’s main well being insurer
- The Medical Workplace – Overseeing Sheikh Khalifa Hospitals and healthcare services established beneath the initiatives of H.H. the President of the UAE
- Rafed – The UAE’s largest healthcare Group Buying Group
- PureLab – Managing and working the most important community of laboratories within the area
- Abu Dhabi Stem Cells Heart – Specialist healthcare middle targeted on cell remedy and regenerative drugs
- One Well being – Gross sales, service help, and engineering community that gives end-to-end medical options
- The Life Nook – Abu Dhabi’s first holistic pharmacy, serving the well being and wellness institution
- Ardent – The fourth largest privately held acute care hospital operator within the USA
To be taught extra, please go to www.purehealth.ae
For media inquiries, please contact:
Edelman Smithfield
Simon Hailes, Managing Director and Head of Center East
purehealthedelmansmithfield@edelman.com
Emblem – https://mma.prnewswire.com/media/2282046/PureHealth.jpg
SOURCE Pure Well being Holding PJSC
Hundreds of Traders Enhance Success Charges With Choices
For a restricted time, choices skilled Nic Chahine provides you with entry to his pro-level choices picks virtually free. Hundreds of buyers are bettering their success charge by buying and selling choices. So once you declare your $0.99 supply now, issues may doubtlessly begin wanting drastically totally different in your portfolio! Get this 93% off particular now earlier than it is taken down ceaselessly.
