Manzil Healthcare Services, a leading provider of healthcare company providing home health and disease management services and Kuwait Life Sciences Company (KLSC), a fully-owned subsidiary of the National Technology Enterprises company (NTEC), a private equity and venture capital firm that works to advance healthcare services, enter a strategic partnership to innovate healthcare services and make them future-ready.

The new strategic partnership will combine Manzil Healthcare’s unmatched regional scale, expertise and resources with KLSC’s innovative concepts and highly-sought after services to provide the Kuwaiti healthcare ecosystem with comprehensive solutions of clinical expertise and excellence. “This partnership will enable us to further expand our care solutions in Kuwait to better anticipate and meet the needs of our market”, said Dr. Sarper Tanli, Group CEO of Manzil Healthcare Services. “We aim to provide the right level of care, to meet the demands of an aging population and the demands of chronical conditions related to Diabetes or other Non-Communicable Diseases”.

KLSC works with the public and private sectors, focusing on healthcare investment, life sciences training, medical technology and pharmaceutical distribution.  “This strategic alliance with Manzil Healthcare will enable both the public and the private sectors in Kuwait to benefit from innovative solutions and technologies tackling chronic conditions and challenges we will face with elderly care.  We will cooperate to establish unique projects that apply the best practices prevailing in today’s healthcare field”, said Dr. Mussaad M. Al-Razouki, Chief Business Development Officer, KLSC.

About KLSC:

Kuwait Life Sciences (KLSC) was established in 2010, with a paid-up capital of 18 million Kuwait Dinars (KD) which is equivalent to approximately $60 million US Dollars. KLSC is fully owned by National Technology Enterprises Company. National Technology Enterprises Company (NTEC) was incorporated in November of 2002, by the Kuwait Council of Ministers as a fully owned company by the Kuwait Investment Authority (KIA), the sovereign wealth fund of the State of Kuwait. Capitalized at 100 million Kuwait Dinars (KD) which is equivalent to approximately $350 million US Dollars, NTEC aims to play a vital role in servicing major stakeholders in Kuwait and the Middle East region with their technology requirements.

KLSC focuses on healthcare innovative concepts and demanded services which have a clear and unmet need in the Middle East and North Africa (MENA) region. KLSC has been designed as an integrated healthcare company building unique projects and is considered one of the pioneer venture capitalist and private equity companies in the Middle East that invests globally and operates regionally seeking to advance healthcare services and systems within the region. KLSC supports both public and private sector stakeholders to access emerging technologies, establish unique projects and adapt best practices prevailing in today’s healthcare field. KLSC operates in healthcare investment, life sciences training, medical technology and pharmaceutical distribution.

About Manzil Healthcare Services

Manzil is the largest independent home healthcare services and disease management provider in the UAE, providing care to pediatric and adult patients. Manzil provides care in several states of UAE: Abu Dhabi, Al Ain, Dubai, and the Northern Emirates. In 2016, Manzil expanded into Qatar and Egypt. Operational headquarters are in Abu Dhabi, United Arab Emirates, Cairo, Egypt and in Doha, Qatar. Manzil obtained accreditation from JCI in March 2016, becoming one of the first UAE home care providers to achieve this accreditation. Services provided by Manzil include a wide range of programs that are provided by qualified, licensed and trained physicians, nurses and therapists at the home of the patients. Manzil is a leader in remote patient care & health counseling using innovative new technologies and the first homecare provider licensed by DHA to provide telemedicine and teleconsulting to support patients with chronic diseases. Customized Disease Management Programs (DMP) are offered to patients with specific chronic conditions, to reduce complications and reduce hospital resources, by using phone-based health coaching. Additionally, Manzil provides effective corporate wellness programs tailored to cater individual employee’s needs.
 
Learn more at www.manzilhealth.com.
For Further Enquiries please get in touch with:
KLSC at: info@klsc.com.kw 

Our mailing address is:
KIPCO Tower, 27th floor, Block 9
Al Shohadaa Street, Sharq
P.O.Box 25363, Safat 13114 Kuwait

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.