Dubai - Avicenna Partners Limited, an emerging markets healthcare investment firm based in Dubai, United Arab Emirates, today completed an investment in e-Kare Inc., a US-based wound management technology company and the first spin-off company from the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children's National Medical Center in Washington, D.C. Peyvand Khaleghian, MD, Ph.D., of Avicenna Partners will join the Board of e-Kare Inc.
e-Kare Inc.'s pioneering 3D wound assessment technology enables health care providers to take accurate and reliable measurement of woundsat the point of care. The company's mission is to standardize wound measurement and simplify care management, which in turn improves quality and outcome of wound care.
"Avicenna Partners' investment will allow us to complete development of the tablet, mobile and web-based interfaces for our 3D wound assessment camera and to deploy the technology at test sites in the United States and United Arab Emirates," said Patrick Cheng, CEO of e-Kare Inc. "This next phase enablese-Kare's pioneering computer vision and sensor technology to change the way healthcare professionals measure and manage wounds."
"The innovative technologies, like wound management assessment,that make up the Sheikh Zayed Institute would not be possible without thegift Children's National received from the Government of Abu Dhabi," said Pam King Sams,CFRE, Executive Vice President and Chief Development Officer for Children's Hospital Foundation. "This technology represents not only an innovative solution that will positively impact global health care but also the Sheikh Zayed Institute'scommitment to building partnerships, like Avicenna Partners, that will bring that pioneering gift full circle back to the United Arab Emirates."
"Innovative medical technologies have a major role to play in meeting the rapidly-growing medical needs of emerging markets such as the UAE. By improving efficiency and productivity, technologies such as e-Kare's can help health systems "do more with less" - making up for the shortage of medical staff - while at the same time addressing key health priorities such as diabetes and vascular disease, both of which are highly prevalent in the region: said Dr. PeyvandKhaleghian, Managing Partner at Avicenna Partners Limited
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About e-Kare Inc.
e-Kare Inc. is a spin-off enterprise from the Sheikh Zayed Institute for Pediatric Surgical Innovation Children's National Medical Center in Washington D.C. Founded by pediatric surgeons and engineers who brought novel technologies outside of the research lab to execute a vision, e-Kare is dedicated to improving lives through innovation.
For more information see www.ekareinc.com.
About Avicenna Partners Limited.
Avicenna Partners Limited is ahealthcare investment firm based in Dubai, United Arab Emirates. Founded in 2012, Avicenna Partnersinvests in healthcare services and technologies with transformative potential in emerging markets. It is the principal investor in Amana Healthcare, the largest and fastest-growing provider of specialized long-term acute care, post-acute rehabilitation and home transition and respite care services in the United Arab Emirates.
For more information see www.avicennapartners.com and www.amanahealthcare.com.
About Children's National Medical Center
Children's National Medical Center, based in Washington, DC, has been serving the nation's children since 1870. Children's National is Magnet® designated, and is consistently ranked among the top pediatric hospitals by U.S.News& World Report. Home to the Children's Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children's National is one of the nation's top NIH-funded pediatric institutions. With a community-based pediatric network, seven regional outpatient centers, an ambulatory surgery center, two emergency rooms, an acute care hospital, and collaborations throughout the region, Children's National is recognized for its expertise and innovation in pediatric care and as an advocate for all children.
For more information, visit ChildrensNational.org, or follow us on Facebook and Twitter.
About the Sheikh Zayed Institute for Pediatric Surgical Innovation
The creation of the Sheikh Zayed Institute for Pediatric Surgical Innovation was made possible by a $150 million (AED 355 million) gift from the government of Abu Dhabi, representing a shared vision to significantly and measurably advance medical innovation to create healthier and safer surgical outcomes for children worldwide. The government of Abu Dhabi made the gift in honor of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the United Arab Emirates and the country's president from 1971 until his death in 2004.
Launched in September 2009, the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children's National Medical Center is redefining what is possible in surgery through innovative, integrated research. The Institute's physician-scientists apply their expertise in their specialized fields to pursue the common goal to make pediatric surgery more precise, less invasive, and pain-free. By combining research and clinical work in this area, the Institute is developing knowledge, tools, and procedures that will benefit children in the Washington region, across the country, and around the world.
For more information about the Sheikh Zayed Institute, please visit http://innovationinstitute.childrensnational.org/
Please Contact:
Elissar Amhaz
Account Manager - Ketchum Raad ME
Dubai, United Arab Emirates
Tel: +971 4 4258894
E-mail: elissar.amhaz@ketchum-raad.com
Emily Hartman
Children's National
Washington D.C.
Tel: +1 202-476-4500
Email: EHartman@childrensnational.org
AsadAbbasi
Weber Shandwick MENA
Tel: + 971 2 449 4457
Mobile: + 971 52 861 4230
Email: AAbbasi@webershandwick.com
© Press Release 2015
