The medical device giant is settling down in TECOM Investment’s DuBiotech Research Park, saying Medtronic selected Dubai for its "infrastructure, accessibility, and its strategic location as a gateway to other markets in the MEA region."
Medtronic also announced that it would establish the "Medtronic Academy" there, a medical training and education center focused on cardiac and vascular therapies as well as spinal procedures.
"In a region where healthcare spending, as a percentage of GDP is on the rise, there is huge opportunity for the private sector to increase their participation," regional managing director and vice president Majid Kaddoumi said in prepared remarks. "We hope that by showcasing the cutting-edge technology and solutions that our innovative medical solutions offer, we can go some way to contributing to raising the standard of care in the region further still."
The company has had tendrils in the MEA region for more than 20 years and has been putting its devices on local shelves for about the last decade, according to a press release.
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