Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Saudi Arabia

GE Healthcare Expands Joint Venture

April 2008 | Company News Alert

Underlining the growth potential of the Middle East medical device market, US-based GE Healthcare has partnered with local device distributor El Seif Development to launch joint venture (JV) GE El Seif Healthcare Arabia. The JV, in which GE Healthcare will have a 51% stake, will market and distribute the company's medical device range in Saudi Arabia. The announcement heralds a more wide ranging tie-up than the existing partnership between the two companies, known as GE El Seif Medical

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