Latham & Watkins represents SEHA in the joint venture.
Abu Dhabi Health Services Company (SEHA) and Mayo Clinic completed a joint venture to operate Sheikh Shakhbout Medical City, one of the United Arab Emirates’ largest hospitals for patients with serious or complex medical conditions.
As part of the agreement, Mayo Clinic will become a shareholder in the new operating company, marking a new type of partnership by an international health care provider in the UAE.
SEHA’s and Mayo Clinic’s clinical and management teams are working together to open Sheikh Shakhbout Medical City, a 741-licensed bed hospital designed to provide specialty care across a range of clinical practices, setting new benchmarks for medical care and experience in the UAE. The collaborators have a common goal to be the preferred destination for patients needing serious or complex care in Abu Dhabi, with a plan to transition Sheikh Shakhbout Medical City into a premier destination for medical care in the Middle East over the next decade.
Abu Dhabi Health Services Company (SEHA) is the largest healthcare network in the United Arab Emirates (UAE). The company owns and operates all the public hospitals and clinics of the Emirate of Abu Dhabi. SEHA is committed to continuous improvement of customer care to recognized international standards and providing the community with world-class health care.
Mayo Clinic is a not-for-profit global leader in medical care, education and research. Mayo Clinic is ranked the No. 1 hospital in the United States by U.S. News & World Report and in the world by Newsweek.
Beyridge represented SEHA as financial advisors with a UAE-based team led by Managing Partners Hani Ramadan and Wissam Darwiche.
Latham & Watkins UAE-based team was led by counsel Eyad Latif (Picture), with partners Brian Meenagh and Villiers Terblanche and associates Marc Makary, Omar Maayeh, Connie Leung, and Avinash Balendran. Advice was also provided on healthcare regulatory matters by Washington, D.C. partner Stuart Kurlander, Los Angeles counsel Jennifer Yoo, and Los Angeles associate Yanyan Zhou, and on patient data and intellectual property matters by Washington, D.C. partners Jennifer Archie and Jeremiah Wolsk, San Francisco counsel Betty Pang, and San Francisco associate Heather Deixler.
Involved fees earner: Jennifer Archie – Latham & Watkins; Avinash Balendran – Latham & Watkins; Heather Deixler – Latham & Watkins; Stuart Kurlander – Latham & Watkins; Eyad Latif – Latham & Watkins; Hong Ni Leung – Latham & Watkins; Omar Maayeh – Latham & Watkins; Marc Makary – Latham & Watkins; Brian Meenagh – Latham & Watkins; Betty Pang – Latham & Watkins; Villiers Terblanche – Latham & Watkins; Jeremiah Wolsk – Latham & Watkins; Jennifer Yoo – Latham & Watkins; Yanyan Zhou – Latham & Watkins;
Law Firms: Latham & Watkins;
Clients: Abu Dhabi Health Services Company;