Wellpharma Holding, ADIH’s investment arm in healthcare and pharmaceutical sectors launched the Wellpharma Medical Solutions Fund in November 2009. The fund will invest in the development and operation of a local production facility that will specialize in the manufacturing and distribution of high-quality Intravenous (IV) Solutions for medical treatments.

The project was granted a in-principle approval from the Ministry of Health and received the support of the Health Authority in Abu Dhabi. Land for the production facility within Abu Dhabi is being allocated as well as an industrial partner to help in building and operating the facility has also been identified.

The launch of this fund is in line with ADIH’s strategy to diversify its investment products to include investments sectors such as, food security, energy and clean energy and healthcare.