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Medsol Expands Operations to Saudi Arabia

has opened its first facility in following a year of aggressive regional expansion. A part of Gulf International, (which is owned by the private equity funds managed by global private equity group Global Capital Management), Medsol witnessed a revenue growth of 9.8% during 2009.

Having invested in excess of Dhs250m in expansion across the region, it currently operates a total of fifteen branded labs (including independent and hospital facilities) across the Middle East and North Africa.

Medsol’s new Gulf Medical Laboratories, is a state of the art laboratory based in Saudi’s Al Khobar district, offering laboratory testing for screening, diagnosis, prognosis and response to treatment. It has an extensive test menu of over 700 tests in all medical specialities and all test results are supported by quality processes that satisfy international accreditation standards. For consumers, a walk-in centre is available for disease screening based on population-at-risk statistics.

As healthcare remains one of the world’s largest and fastest-growing industries, increased private sector spending is expected in Saudi Arabia to reduce the government burden and meet its objectives for an improved healthcare system.

Mark Adams CEO of Gulf Healthcare International said:

“Saudi Arabia’s strong healthcare market and increasing focus on private care has created tremendous potential for both physicians and patients. Medsol is committed to pioneering positive and sustainable growth in MENA healthcare by providing a first class physician and direct to consumer offering. Having already demonstrated our expertise in providing unrivalled, dedicated pathology testing services across the MENA, we look forward to seeing our presence grow throughout Saudi Arabia.”

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