08-05-2025
Abu Dhabi Looks to Draw Healthcare Startups With California Push
State-run Abu Dhabi Investment Office is expanding its presence in San Francisco, part of a push to build a healthcare cluster in the emirate.
The expanded office will tout 'fast-track' clinical validations and regulatory approvals as Abu Dhabi looks to attract startups to underpin the Health, Endurance, Longevity and Medicine initiative launched last month, according to a statement Thursday. The aim is to attract $11.5 billion of investment by 2045 and create 30,000 jobs, according to a press release from ADIO, which is tasked with drawing foreign investors to Abu Dhabi.