DUBAI: M42’s Abu Dhabi Health Data Services (ADHDS), a premier digital healthcare solutions company, signed a Memorandum of Understanding (MoU) with Amaze Health, a global virtual medical care technology company, during GITEX Global 2024.
The partnership will leverage the complementary strengths of both organisations to explore investment opportunities, expand into new markets, and develop innovative digital health solutions.
The MoU was signed by Kareem Shahin, CEO of M42’s Abu Dhabi Health Data Services and David Silverstein, CEO of Amaze. This collaboration aligns with Abu Dhabi’s ambitious vision to become a global healthcare hub and underscores ADHDS’ commitment to delivering world-class healthcare services.
Kareem Shahin, CEO of M42’s Abu Dhabi Health Data Services (Malaffi), commented, ‘We are thrilled to partner with Amaze to explore the vast potential of digital health in transforming healthcare delivery globally. By combining our expertise and resources, we can create innovative solutions that im
prove patient outcomes and drive sustainable growth.’
David Silverstein, CEO of Amaze, added, “This partnership represents a significant milestone for Amaze Health as we expand our global footprint and collaborate with a leading healthcare technology company like ADHDS. We are excited to explore opportunities for investment, market expansion, and joint product development.”
As part it’s international growth strategy, ADHDS will explore an investment in Amaze, with both parties engaging in discussions about the desired percentage of shareholding and value-added contributions.
ADHDS and Amaze will collaborate to introduce Amaze’s products and services to markets outside the US, including the UAE, GCC Countries, North Africa, and Europe, leveraging ADHDS’s expertise and reach.
Both parties will explore opportunities to introduce ADHDS’s innovative digital health solutions to the US market through the Amaze Health partnership.
ADHDS and Amaze aim to create a mutually beneficial partnership that drives revenu
e growth, enhances healthcare delivery, and position Abu Dhabi as a global leader in healthcare innovation.
Source: Emirates News Agency