November 26, 2019
Abu Dhabi Health Services Company (SEHA), the largest healthcare network in the United Arab Emirates (UAE) and Mayo Clinic, a not-for-profit global leader in medical care, education and research, have announced a joint venture to operate Sheikh Shakhbout Medical City, one of the United Arab Emirates’ largest hospitals for patients with serious or complex medical conditions. As part of the agreement, Mayo Clinic will become a shareholder in the new operating company, marking a new type of partnership by an international health care provider in the UAE.
SEHA's and Mayo Clinic's clinical and management teams are working together to open Sheikh Shakhbout Medical City, a 741-licensed bed hospital designed to provide specialty care across a range of clinical practices, setting new benchmarks for medical care and experience in the UAE. The collaborators have a common goal to be the preferred destination for patients needing serious or complex care in Abu Dhabi, with a plan to transition Sheikh Shakhbout Medical City into a premier destination for medical care in the Middle East over the next decade.
Latham & Watkins represents SEHA in the joint venture with a UAE-based team led by counsel Eyad Latif, with partners Brian Meenagh and Villiers Terblanche and associates Marc Makary, Omar Maayeh, Connie Leung, and Avinash Balendran. Advice was also provided on healthcare regulatory matters by Washington, D.C. partner Stuart Kurlander, Los Angeles counsel Jennifer Yoo, and Los Angeles associate Yanyan Zhou, and on patient data and intellectual property matters by Washington, D.C. partners Jennifer Archie and Jeremiah Wolsk, San Francisco counsel Betty Pang, and San Francisco associate Heather Deixler.
Beyridge represents SEHA as financial advisors with a UAE-based team led by Managing Partners Hani Ramadan and Wissam Darwiche.