IssuerAnnouncementDetailsV2Portlet
Arabian International Healthcare Holding Co. Announces Contract Award with National Unified Procurement Company (NUPCO)
Element List | Explanation |
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Introduction | Arabian International Healthcare Holding Co. announces that Genalive Company, a 50% joint venture with BGI, has secured 933,782 tests through .NUPCO tender NPT0012/24, with a total contract value of SAR 493.4 Million |
Date of the Award | 2025-03-12 Corresponding to 1446-09-12 |
Counterparty | National Unified Procurement Company (NUPCO) |
Contract Value | 493,353,483 |
Contract Details | Arabian International Healthcare Holding Co. announces that Genalive Company, a 50% joint venture with BGI, has secured 933,782 tests through NUPCO tender NPT0012/24, with a total contract value of SAR 493.4 Million. These tests will serve nearly 1 million patients across Saudi Arabia and will be distributed to approximately 83 governmental, military, and university hospitals. This initiative ensures access to accurate diagnostics for a wide range of severe and chronic diseases, supporting various medical specialties, including oncology, genetics, pediatrics, gynecology, and more, ultimately enhancing patient care across the Kingdom. |
Related Parties | Not Applicable |
Additional Information | Genalive company is a non-consolidated entity to Tibbiyah , where the financial impact will appear on share of earning. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.