GE in deal to set up radiopharma plant in Saudi
Dubai, January 25, 2012
GE Healthcare has signed an agreement with Saudi-based Wadi Jeddah to set up a radiopharmaceutical plant and Positron Emission Tomography (PET) imaging services facility in the Kingdom.
Wadi Jeddah is a Saudi Arabia-based organisation focused on knowledge-based investments.
The agreement was signed by David Carr, general manager – Molecular Imaging of GE Healthcare and Dr Turky Abdulmajeed, the CEO of Wadi Jeddah, on the sidelines of the ongoing Arab Health expo in Dubai.
As per the agreement, the radiopharmaceutical plant and PET imaging services facility will be set up on the Wadi Jeddah lands located within King Abdul Aziz University Hospital campus in Jeddah.
GE will extend its expertise in radiopharmaceutical site planning design, supply advanced healthcare equipment for the facility, provide GMP certification support and deliver a comprehensive clinical education solution.
As part of the agreement, Wadi Jeddah will place the first order for GE’s new Discovery PET/CT 710 in the Middle East region.
David Carr said: “GE is the largest manufacturer of cyclotrons globally, and through our strategic partnership with Wadi Jeddah, we can contribute to developing the market for radiopharmaceutical FDG products in the Western region of the Kingdom.'
'GE Healthcare has a long history of partnerships in Saudi, and the MoU with Wadi Jeddah, which is focused on value-added investments, will further enable the Kingdom to address the growing requirements for diagnostic services,' said Carr.
'The partnership also complements our healthyimagination commitment, which aims to provide greater access to high quality medical care for more people at lower costs,' he added.
Dr Turky Abdulmajeed said: “Wadi Jeddah is committed to creating an integrated portfolio of knowledge-based businesses to establish Saudi Arabia as a true knowledge economy.'
As a part of the King Abdul Aziz University, we are focused on building strong partnerships between the university and the private and public sectors, to develop solutions that help the entire Saudi society.
The new facility will significantly elevate the level of medical care that can be provided here, especially to address the incidence of lifestyle diseases through early diagnosis and treatment, he remarked.
'Wadi Jeddah is going to establish its first Cyclotron and PET center in Jeddah and is planning to expand further in to other regions such as Makkah, Madinah, Abha, Taif, and Tabuk. It is Wadi Jeddah’s goal to support all interested health care facilities in the region,” he noted.
According to Wadi Jeddah plans to conduct research in the sector in partnership with GE Healthcare to further strengthen the knowledge base of the Kingdom and to promote innovation in healthcare, leveraging the resources and capabilities of King Abdul Aziz University.
Dr Khaled El Safi, a physicist, will spearhead the project as well as the MI facility.
“Our vision is to utilize this opportunity to recruit and train talented Saudi professionals and academicians to be part of this high tech industry, which will contribute to establishing the Kingdom’s thought leadership in advanced medical research,' he added.-TradeArabia News Service