logo
Saudi German Health and BD Company sign MoU to revolutionise microbiology diagnostics

Saudi German Health and BD Company sign MoU to revolutionise microbiology diagnostics

Zawya18-02-2025
Saudi German Health (SGH), one of the leading healthcare providers in the region, signed a Memorandum of Understanding (MoU) with BD Company, a global leader in advanced healthcare solutions, to transform healthcare services by introducing rapid diagnostic solutions.
The MoU was signed by Dr. Ahmed Shebl, Group CEO of Saudi German Health and Riza Mutlak, Business Director at BD - Middle East, North Africa & Turkey, during a ceremony held recently at SGH's headquarters in Jeddah. This collaboration is the first of its kind in the region, setting a new precedent for future innovations in healthcare. With an emphasis on state-of-the-art laboratory technologies, it will introduce advanced devices such as Bactec, Phoenix, Epicenter, and MALDI-TOF to significantly enhance diagnostic capabilities and improve patient care.
The partnership aims to address existing challenges in microbiology by providing rapid and precise diagnostic solutions, thus establishing new standards for healthcare efficiency. The launch of these innovative lab devices will allow SGH to provide quicker, more accurate diagnoses, enhancing patient outcomes and elevating the quality of healthcare throughout the region.
Makarem Sobhi Batterjee, Vice Chairman of Saudi German Health, stated: 'We are proud to partner with BD Company to introduce these advanced diagnostic devices to our laboratory. The deployment of these advanced lab devices marks a significant milestone in our ongoing commitment to providing the highest level of patient care. More importantly, the goals of this collaboration align seamlessly with our brand ethos of 'Caring Like Family,' and we are excited to integrate these innovations into our processes.'
This partnership offers several key benefits. The MALDI-TOF device uses advanced technology to quickly and accurately detect a wide range of pathogens, including those that are difficult to culture, dramatically improving diagnostic accuracy and speed. By identifying the specific microorganisms responsible for infections, MALDI-TOF ensures the selection of the most effective antibiotics, mitigating the overuse of broad-spectrum antibiotics and combating antibiotic resistance.
This partnership is expected to benefit more than 2 million patients annually, allowing the healthcare provider to deliver quicker, more accurate diagnostics and enhance patient outcomes. The agreement aims to streamline microbiology diagnostic processes, reducing turnaround times and ensuring timely treatment for patients. With faster and more precise diagnoses, the collaboration is set to elevate the overall healthcare experience, providing significant advantages to both patients and healthcare providers.
Philippe Villard, Senior Director of Commercial Operations, EMEA at BD Company, stated: 'We are excited to collaborate with Saudi German Health on this innovative initiative. The rollout of our advanced diagnostic solutions will significantly benefit healthcare providers by improving diagnostic accuracy and efficiency. Technologies like MALDI-TOF have demonstrated their effectiveness in enhancing diagnostic outcomes in other regions, and we believe this collaboration will yield similar results in the Kingdom of Saudi Arabia.'
The rapid diagnostic solutions introduced by BD and SGH are expected to become a model for healthcare providers across the region. This partnership will usher in an era of faster, more accurate diagnoses and improved patient care by refining diagnostic accuracy and streamlining processes. This partnership will significantly enhance the social and economic value of the local healthcare system, contributing to the overall well-being of the community.
-Ends-
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Amazon expands same-day grocery delivery to perishable foods to compete with Instacart, Walmart
Amazon expands same-day grocery delivery to perishable foods to compete with Instacart, Walmart

Zawya

time4 days ago

  • Zawya

Amazon expands same-day grocery delivery to perishable foods to compete with Instacart, Walmart

Subscribers to Prime service can now receive strawberries, milk, meats and frozen dinners on the same day they order them as the company expands its fast-delivery option to perishable food items, Amazon announced on Wednesday. It is the latest move by Amazon to compete with grocery delivery services offered by Walmart+ and Instacart. Shoppers in more than 1,000 U.S. cities - including Phoenix; Raleigh, North Carolina; and Tampa, Florida - can get ice cream delivered to their doors within hours, while Amazon plans to expand the service to 2,300 cities by the end of the year. The company announced in June that it is investing $4 billion to bring same-day and next-day delivery services to more than 4,000 rural U.S. communities by the end of the year. Previously, Prime subscribers' grocery orders were fulfilled through Amazon Fresh or Whole Foods. Now the additional service will complete orders through its same-day delivery logistics locations. Same-day delivery is free for Prime members, who pay $14.99 monthly or $149 annually, for orders over $25. Walmart's membership service, Walmart+, costs $98 a year and offers same-day delivery in under three hours—with some orders arriving in as little as 30 minutes. As the largest grocery retailer in the United States, most of Walmart's deliveries tend to be dry groceries and perishables. In May, Walmart said it will soon be able to offer delivery within three hours to 95% of the U.S. population, and that faster delivery speeds are helping drive its business. Between February and April, Walmart reported a 91% increase in deliveries under three hours compared with the same period last year. Amazon shoppers "can order milk alongside electronics; oranges, apples, and potatoes with a mystery novel; and frozen pizza at the same time as tools for their next home improvement project - and check out with one cart and have everything delivered to their doorstep within hours," Doug Herrington, chief executive of Worldwide Amazon Stores, said in a press release. E-commerce giant Amazon has struggled in previous years to get shoppers into its physical stores. While the company is focusing on its U.S. grocery experience, it is facing hurdles in the UK with its suppliers, a study by British grocery regulator the Groceries Code Adjudicator found. (Reporting by Arriana McLymore in New York City; Additional reporting by Siddharth Cavale in New York City; Editing by Matthew Lewis)

US Investment Bank H.C. Wainwright Reiterates Buy Rating on IHC Portfolio Company, Phoenix Group, with AED 3.00 Target
US Investment Bank H.C. Wainwright Reiterates Buy Rating on IHC Portfolio Company, Phoenix Group, with AED 3.00 Target

Web Release

time07-08-2025

  • Web Release

US Investment Bank H.C. Wainwright Reiterates Buy Rating on IHC Portfolio Company, Phoenix Group, with AED 3.00 Target

Phoenix Group PLC (ADX: PHX), an IHC portfolio company and a global leader in blockchain and digital asset infrastructure, has been featured in a new research report from H.C. Wainwright & Co. Independent equity analysts at H.C. Wainwright & Co. have assigned Phoenix Group a Buy rating and AED 3.00 price target, recognizing its evolution beyond mining into high-growth AI and HPC infrastructure. Based on the August 4, 2025, closing price of AED 1.48, the report states an enormous upside potential in excess of 102% for the shares. The positive assessment is underpinned by Phoenix Group's strategic expansion and its forward-looking ambitions in high-growth technology sectors. The report, titled 'Re-Energized Sites and AI/HPC Feasibility Prime Upside; Reit. Buy,' underscores Phoenix Group's strong position for meaningful growth in both the near and long term. The reaffirmed Buy rating is supported by a shift to higher-margin self-mining, expanding operational capacity, and significant digital asset holdings of BTC and Solana in excess of 150 million USD. The analysis highlights Phoenix's diversified strategy, which balances efficient digital asset mining with strategic investment in next-generation sectors such as Artificial Intelligence (AI) and High-Performance Computing (HPC). It also notes the company's ability to attract ongoing capital support amid broader industry trends that favour advanced connectivity and compute infrastructure. With new sites expected to come online, Phoenix is well-positioned to meet growing demand for AI workloads and unlock additional revenue streams. Central to this momentum is Phoenix's established partnership with IHC (IHC: ADX), the Abu Dhabi-based diversified investment firm. As a valued IHC portfolio company, Phoenix leverages shared expertise and resources to scale operations and execute on innovative projects, bolstering its resilience in a dynamic market. 'We are delighted that H.C. Wainwright sees the significant value and enormous potential in our strategy,' said Munaf Ali, CEO and Co-founder of Phoenix Group. 'This report validates our team's hard work to expand our core mining operations efficiently while boldly moving into the AI and HPC space. As an IHC portfolio company, we are committed to driving innovation and delivering superior returns for our shareholders, and this report confirms we are on the right path.'

US investment Bank H.C. wainwright reiterates buy rating on IHC portfolio company, Phoenix Group, with AED 3.00 Target
US investment Bank H.C. wainwright reiterates buy rating on IHC portfolio company, Phoenix Group, with AED 3.00 Target

Gulf Today

time07-08-2025

  • Gulf Today

US investment Bank H.C. wainwright reiterates buy rating on IHC portfolio company, Phoenix Group, with AED 3.00 Target

Phoenix Group PLC (ADX: PHX), an IHC portfolio company and a global leader in blockchain and digital asset infrastructure, has been featured in a new research report from H.C. Wainwright & Co. Independent equity analysts at H.C. Wainwright & Co. have assigned Phoenix Group a Buy rating and AED 3.00 price target, recognizing its evolution beyond mining into high-growth AI and HPC infrastructure. Based on the August 4, 2025, closing price of AED 1.48, the report states an enormous upside potential in excess of 102% for the shares. The positive assessment is underpinned by Phoenix Group's strategic expansion and its forward-looking ambitions in high-growth technology sectors. The report, titled 'Re-Energized Sites and AI/HPC Feasibility Prime Upside; Reit. Buy,' underscores Phoenix Group's strong position for meaningful growth in both the near and long term. The reaffirmed Buy rating is supported by a shift to higher-margin self-mining, expanding operational capacity, and significant digital asset holdings of BTC and Solana in excess of 150 million USD. The analysis highlights Phoenix's diversified strategy, which balances efficient digital asset mining with strategic investment in next-generation sectors such as Artificial Intelligence (AI) and High-Performance Computing (HPC). It also notes the company's ability to attract ongoing capital support amid broader industry trends that favour advanced connectivity and compute infrastructure. With new sites expected to come online, Phoenix is well-positioned to meet growing demand for AI workloads and unlock additional revenue streams. Central to this momentum is Phoenix's established partnership with IHC (IHC: ADX), the Abu Dhabi-based diversified investment firm. As a valued IHC portfolio company, Phoenix leverages shared expertise and resources to scale operations and execute on innovative projects, bolstering its resilience in a dynamic market. 'We are delighted that H.C. Wainwright sees the significant value and enormous potential in our strategy,' said Munaf Ali, CEO and Co-founder of Phoenix Group. 'This report validates our team's hard work to expand our core mining operations efficiently while boldly moving into the AI and HPC space. As an IHC portfolio company, we are committed to driving innovation and delivering superior returns for our shareholders, and this report confirms we are on the right path.' While the report acknowledges sector-specific risks, including digital asset market volatility, it expresses confidence in Phoenix's strategic trajectory and competitive positioning. Full details of Phoenix Group's Q2 2025 results and the analyst report are available on the company's Investor Relations page. Phoenix Group PLC , an IHC Portfolio Company, is a multi-billion-dollar global technology leader headquartered in Abu Dhabi, UAE. As one of the world's top ten Bitcoin miners, it operates over 500 megawatts across the UAE, U.S., Canada, Oman, and Ethiopia, running the biggest mining farm in MENA. Phoenix Group is the first crypto and blockchain conglomerate in the region to be listed on the Abu Dhabi Securities Exchange (ADX). Media Enquiries: [email protected]

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store