Today TVM Capital Healthcare, a specialist healthcare private equity firm, and GE Healthcare announced a strategic collaboration to support and accelerate the growth of transformational healthcare companies across selected emerging healthcare markets in the ASEAN and MENA regions.
Under the agreement, TVM Capital Healthcare’s current and future portfolio companies will have access to GE Healthcare’s strong market presence and network in the Middle East, North Africa and Southeast Asia. Both parties will contribute their complimentary expertise and capabilities to promote and support the success of these innovative healthcare companies with ambitious growth plans in both regions.
The overall objective is to provide innovative healthcare companies in the ASEAN and MENA regions with the opportunity to tap all possible options to improve their clinical quality, refine their growth strategy, increase market access, and by honing operations, reduce the cost of healthcare provision.
Dr. Helmut Schuehsler, CEO & Chairman of TVM Capital Healthcare in Singapore and Dubai, said: “By combining TVM Capital Healthcare’s experience as a dedicated emerging markets healthcare private equity firm with GE Healthcare’s global expertise in healthcare technology and operations, this collaboration will provide innovative healthcare companies across Southeast Asia and MENA with best-in-class clinical solutions and unrivalled market access opportunities.
“Our investments are driven by extensive research to ensure that we meet gaps in healthcare provision. We passionately believe that the implementation of new technology not only in digital health, remote health and precision health, but also in process and supply chain management provides ways to better serve patients and an expected specialization of services will complement public hospital-based systems. Our partnership with GE Healthcare is testament to this belief.”
Kieran Murphy, GE Healthcare President & CEO, commented: “At GE Healthcare, we are focused on helping increase capacity within the health system, improving productivity and driving better outcomes for patients and clinicians around the world. As healthcare in emerging markets continues to grow and more people have access to advanced care, technology plays a critical role in delivering more precise diagnosis, therapy and monitoring. Public and private investment into health systems will help drive this shift. We are pleased to work with TVM Capital Healthcare to make a lasting impact on the communities we serve – whether in the delivery of care or strategic projects involving hospital planning, digital connectivity and education.”