INSEAD Day 4 - 728x90

Health

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

WHO expresses concern after fighters take over lab in Sudan

GENEVA, SWITZERLAND -  The World Health Organization said on Tuesday that fighters in conflict-ravaged Sudan had occupied the national public laboratory...
  • Fighters "kicked out all the technicians from the lab," said Nima Saeed Abid, the WHO's representative in Sudan.
  • The lab held so-called isolates, or samples, of a range of deadly diseases, including measles, polio and cholera.

Novartis Q1 profit at $2.3bn

Heart disease, cancer medicines helped enhance revenue.
  • Novartis said that its operating profit would likely increase in the high single-digits this year.
  • The group would prioritize "high-value" medicines" across five core areas to drive its productivity.

Air pollution causes more than 1,200 deaths a year: EU agency

The EU environmental agency said that air pollution is responsible for causing more than 1,200 premature deaths a year in...
  • The overall death tolls for the continent could be higher as the report did not cover the major industrial nations of Russia, Ukraine and the United Kingdom
  • According to figures released on Monday, ninety-seven percent of the urban population were in 2021 exposed to air that did not meet WHO recommendations

67mn children missed out on vaccines because of Covid: UNICEF

A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because...
  • Africa and South Asia were the hardest hit as vaccine coverage among children declined in 112 countries and the percent of children vaccinated worldwide slipped 5 points
  • Each year immunization saves 4.4 million lives, a number the United Nations figures could jump to 5.8 million by 2030 if its ambitious targets to leave "no one behind" are met

M42 acquires Diaverum

Diaverum is world’s third-largest provider of dialysis services.
  • Founded in 1991, Diaverum operates across 23 countries, with 440 clinics and over 13,000 employees.
  • It has a strong track record of clinical excellence, providing critical care to around 39,000 patients.

Glaxo buys Bellus for US$2bn

Move after GSK demerged its consumer healthcare unit.
  • GSK has agreed to buy Quebec-based biopharmaceutical Bellus Health Inc. for $14.75 per share, the British drugmaker said in a statement.
  • Chronic cough is defined as a persistent cough that lasts more than eight weeks and affects an estimated 28 million people worldwide.

Special glasses can slow down myopia in children

Developed by Japan's Hoya Corporation, the Miyosmart lenses, which also function as normal glasses to help the children see clearly,...
  • Eyewear firm EssilorLuxottica claims its own Stellest lenses reduce myopia's progression by 67 percent when worn at least 12 hours a day.
  • Research has suggested that the percentage of people affected by myopia worldwide could surge from 27 percent in 2010 to 52 percent by 2050.

Medical tourists spent $270m in Dubai during 2022: DHA

Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its...
  • 39% percent of the medical tourists were from Asian countries, 22% from Europe and the Commonwealth of Independent States.
  • The three specialities that saw the highest number of medical tourists were dermatology (31%) dentistry (24%) and gynecology (18%).

WHO may aid Iraq in a bid to localize pharmaceutical sector

BAGHDAD, IRAQ - The World Health Organization (WHO) affirmed it is likely to support Iraq in the localization of its...
  • The WHO official said the organization has a plan with Iraq's health ministry for seven years to advance the health reality.
  • He said that "coronavirus testing laboratories have increased from one laboratory to more than 70 laboratories.

Microsoft, G42 sign MoU

MoU will leverage core competencies of both the firms.
  • The MoU will help explore joint business development and marketing opportunities across a variety of areas G42 covers.
  • Microsoft and G42 will be working in the coming months to finalize the development required to ensure regulatory compliance.

US no longer recommends Covid shots for children, pregnant women

Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary...

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UN agencies warn of ‘explosion’ in Gaza child deaths

Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...

HMG 2023 net profit $544m

The rise was due to the hospitals and pharmacy segments.

WEF24: AI-generated drugs promise cost reduction

AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Healthcare experts must keep up with tech innovations

She emphasizes the significant impact of technology on the healthcare sector and highlighted the 'Let's Talk Innovation' Symposium's focus on...
  • Dr. Kalthoom AlBlooshi of EHS emphasizes the need for professionals to stay abreast of technological advancements in healthcare.
  • The 'Let's Talk Innovation' Symposium aims to engage the youth in shaping the future of the UAE healthcare sector, adds AlBlooshi.

Czech farmer cull 140,000 birds to halt spread of bird flu outbreak

Prague, Czech Republic - Czech farmers have killed about 140,000 birds since the start of the year in a bid to...
  • The infected birds had the highly pathogenic H5N1 bird flu strain, which is potentially transmissible to humans
  • The three commercial farms, all in central Czech Republic, have had to cull 50,000 ducks and 90,000 chicken

UAE healthcare spending set to reach $30.6bn by 2027

The sector witnesses a shift towards personalized and precision medicine, underscored by healthcare's significant digitization and data generation, says a...
  • The sector witnesses a shift towards personalized and precision medicine, underscored by healthcare's significant digitization and data generation, says a white paper.
  • Precision medicine has been identified as a key departure from traditional healthcare approaches, focusing on patient-centered care, the report highlights.