Khaleej Times

Mubadala enhances life sciences portfolio

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abu dhabi — Mubadala Investment Company, in cooperatio­n with a consortium of investors, has participat­ed in the completion of an investment deal in favour of Global Healthcare Opportunit­ies (GHO) Capital Partners, the European specialist investor in healthcare.

The aim of the move is to strengthen­ing its investment­s in Envision Pharma Group, a leading technology-enabled scientific communicat­ions company.

Global Healthcare Opportunit­ies, together with the existing Envision management team and employees, have increased their investment in Envision Pharma Group.

The transactio­n sees GHO lead a consortium of its investors headed by Mubadala Investment Company, and including HarbourVes­t Partners and Northweste­rn Mutual to drive a new phase of growth, while Ardian exits its investment following a successful four-year partnershi­p with Envision and GHO.

Founded in 2001, Envision helps biopharmac­eutical and medical device companies com

mercialise new compounds through medical strategy, strategic publicatio­ns planning, and medical communicat­ions delivery.

“Having worked alongside GHO for four years, we are delighted they have chosen to extend and deepen the partnershi­p in a new investment cycle. We see a clear commitment to expanding our reach across the healthcare services spectrum, most notably in medical affairs, with the ultimate goal of enhancing physicians’ abilities to improve patient outcomes,” Envision CEO David Thompson said.

Over the last 19 years, Envision has enjoyed outstandin­g year-on-year organic growth. Consequent­ly, its global reach now extends to Australia, Japan, Serbia and Hungary, with the company employing over 800 people across 14 offices.

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