FINANCIAL NEWS

Diaverum to make a foray in the Middle East

29 Nov 2011

(MENAFN) Saudi-based Nazer Group signed a joint venture deal with Diaverum to expand renal care services in the Middle East, Arabian Business reported.

Nazer Group said that part of the deal will be opening a new dialysis clinic in Dammam, Saudi Arabia.

The company also said that the deal will give Diaverum a foothold in the Middles East. Diaverum currently operates in 16 countries in Europe, Latin America and Australia.

In Saudi Arabia, approximately 12,000 patients are in need of renal replacement treatment.

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