Dubai, UAE: Avicenna Partners Limited, an emerging markets healthcare investment firm based in Dubai, United Arab Emirates, today completed an investment in e-Kare Inc., a US-based wound management technology company and the first spin-off company from the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National Medical Center in Washington, D.C. Peyvand Khaleghian, MD, Ph.D., of Avicenna Partners will join the Board of e-Kare Inc.
e-Kare Inc.’s pioneering 3D wound assessment technology enables health care providers to take accurate and reliable measurement of woundsat the point of care. The company’s mission is to standardize wound measurement and simplify care management, which in turn improves quality and outcome of wound care.
“Avicenna Partners’ investment will allow us to complete development of the tablet, mobile and web-based interfaces for our 3D wound assessment camera and to deploy the technology at test sites in the United States and United Arab Emirates,” said Patrick Cheng, CEO of e-Kare Inc. “This next phase enablese-Kare’s pioneering computer vision and sensor technology to change the way healthcare professionals measure and manage wounds.”
“The innovative technologies, like wound management assessment,that make up the Sheikh Zayed Institute would not be possible without thegift Children’s National received from the Government of Abu Dhabi,” said Pam King Sams,CFRE, Executive Vice President and Chief Development Officer for Children’s Hospital Foundation. “This technology represents not only an innovative solution that will positively impact global health care but also the Sheikh Zayed Institute’scommitment to building partnerships, like Avicenna Partners, that will bring that pioneering gift full circle back to the United Arab Emirates.”
“Innovative medical technologies have a major role to play in meeting the rapidly-growing medical needs of emerging markets such as the UAE. By improving efficiency and productivity, technologies such as e-Kare’s can help health systems “do more with less” – making up for the shortage of medical staff – while at the same time addressing key health priorities such as diabetes and vascular disease, both of which are highly prevalent in the region: said Dr. PeyvandKhaleghian, Managing Partner at Avicenna Partners Limited
© Press Release 2015
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