iGan Arabia Fund will boost innovation in MedTech with 250 million dollars.
It will focus on investing in medical devices and digital technologies that improve patient outcomes. Investment firm Gan Partners, together with Faisal Belhoul, launched the $250 million iGan Arabia regional fund to drive innovation in MedTech in the Middle East and North Africa region. The fund will focus on investing in AI/cloud-enhanced medical devices and digital healthcare technologies that improve patient outcomes and reduce healthcare costs. And it is that, they specified, it aims to reach the amount of 250 million dollars, through limited associations, however, there are another 250 million dollars in co-investments. In this sense, HE Jean-Philippe Linteau, Consul General of Canada in Dubai and the Northern Emirates, commented that this new alliance will help their health technology companies to grow and succeed globally. In turn, Sam Ifergan, founder and CEO of iGan Partners, said that they have identified and discovered numerous innovative oppor...