{"id":4591,"date":"2024-01-30T13:14:50","date_gmt":"2024-01-30T13:14:50","guid":{"rendered":"https:\/\/cms.alj3.clients.lemonhq.io\/press-release\/majority-stake-in-genpharm-acquisition-6\/"},"modified":"2026-04-09T10:46:13","modified_gmt":"2026-04-09T10:46:13","slug":"majority-stake-in-genpharm-acquisition-6","status":"publish","type":"pressrelease","link":"https:\/\/cms.alj3.clients.lemonhq.io\/tr\/news\/majority-stake-in-genpharm-acquisition-6\/","title":{"rendered":"Abdul Latif Jameel Health, Orta Do\u011fu\u2019daki nadir hastal\u0131k pazar\u0131na eri\u015fimde \u00f6nde gelen bir ortak olan Genpharm\u2019\u0131n \u00e7o\u011funluk hisselerini stratejik olarak sat\u0131n al\u0131nd\u0131\u011f\u0131n\u0131 duyurdu"},"content":{"rendered":"\n<p><span style=\"font-size: 14px; position: absolute; margin-top: -33px;\">(L-R) Kamel Ghammachi, Chairman &amp; Co-Founder, Genpharm; Akram Bouchenaki, Chief Executive Officer, Abdul Latif Jameel Health and Karim Smaira, Chief Executive Officer &amp; Co-Founder, Genpharm<\/span><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Acquisition marks significant milestone for region\u2019s healthcare industry and rare disease sector<\/li>\n\n\n\n<li>Genpharm provides fast-track market access to rare disease and specialty pharmaceutical companies looking to expand across Middle East, North Africa, Turkey and beyond. Headquartered in the UAE, with scientific offices around the region, Genpharm employs over 80 Associates.<\/li>\n\n\n\n<li>Established in 2020, Abdul Latif Jameel Health was founded to address prevailing inequities in accessing contemporary medical services. Its primary objective is to expedite healthcare inclusion throughout the Global South.<\/li>\n<\/ul>\n\n<p>Abdul Latif <a href=\"https:\/\/aljhealth.com\/home\">Jameel Health<\/a>, part of <a href=\"https:\/\/www.alj.com\/en\/\">Abdul Latif Jameel<\/a>, a nearly 80-year old internationally diversified business, today announced its strategic acquisition of a majority stake in <a href=\"https:\/\/www.genpharmservices.com\/\">Genpharm<\/a>, the leading partner for rare diseases with market access across the Middle East, North Africa and Turkey.<\/p>\n\n<p>The agreement marks a significant milestone for both businesses as they work together in putting patients first, driving healthcare inclusivity and accelerating access to modern medical care for those who need it most.<\/p>\n\n<p>Recently marking its 12-year anniversary, Genpharm was founded in 2012, with a steadfast commitment to evidence-based medicine and upholding the highest ethical standards. \u00a0It proudly stands as one of the pioneering regional companies first to introduce expertise in gene therapy to the region. \u00a0Genpharm is also the preferred commercial partner for a wide range of rare genetic disease, orphan drugs, and specialty therapeutics.\u00a0 Managed by seasoned senior pharmaceutical industry executives with extensive experience of the region and multinational organizations, Genpharm also provides its partners with strategic advice on disease areas, product launches and go-to-market strategies.<\/p>\n\n<p>Co-founders <a href=\"https:\/\/www.genpharmservices.com\/who-we-are\/management\/\">Karim Smaira<\/a>, Chief Executive Officer, and <a href=\"https:\/\/www.genpharmservices.com\/message-from-founders\/\">Kamel Ghammachi<\/a>, Chief Commercial Officer, said in a joint statement:<\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWhen we established Genpharm in 2012, we did so with the purpose to create a legacy and something we were proud of sharing with our children.\u00a0 With our significant joint global pharma experience, we knew there was a major gap in meeting rare disease patients\u2019 needs across the Middle East.<em>\u00a0<\/em><\/p>\n\n\n\n<p>\u201cOur values \u2013 Always put patients first, be passionate about what we do, and deliver on our promises \u2013 are entirely aligned with Abdul Latif Jameel Health\u2019s mission to accelerate access to modern medical care.<\/p>\n\n\n\n<p>Joining an organization with the backing of Abdul Latif Jameel, one of the region\u2019s most internationally respected businesses, means we can do more, reach more, and help more, while also ensuring the development and progression of our employees, who work incredibly hard to underline their commitment to bringing cures to MENA patients.\u00a0 We\u2019re looking forward to working with Abdul Latif Jameel Health to achieve together and continue to strengthen our legacy.\u201d<\/p>\n<\/blockquote>\n\n<p><a href=\"https:\/\/aljhealth.com\/en\/our-people\/akram-bouchenaki\/\">Akram Bouchenaki<\/a>, Chief Executive Officer, Abdul Latif Jameel Health added:<\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201c<\/em>We are incredibly impressed with the work Genpharm has achieved in this important sector of the region\u2019s healthcare industry.\u00a0 In the last decade, Karim and Kamel have led their team to focus on delivering niche therapeutics for rare diseases as well as becoming pioneers in the delivery of gene therapy which has seen innovative cures and treatments to patients in the region.\u00a0 It is this innovation and drive which attracts us to Genpharm and aligns with our mission to utilize technology and innovative approaches to accelerate access to medical care for those who need it most.\u201d<\/p>\n<\/blockquote>\n\n<p>The Abdul Latif Jameel Health strategic acquisition of Genpharm, will retain the existing executive structure with Karim Smaira and Kamel Ghammachi continuing in their respective roles as CEO and Chairman. \u00a0Additionally, Akram Bouchenaki will be transitioning into a new role within the Genpharm Board of Directors, further strengthening the company&#8217;s strategic governance.<\/p>\n\n<p>Abdul Latif Jameel Health was created in 2020 as a response to the ongoing global disparity in access to modern medical care, focusing on accelerating access to modern medical care and driving healthcare inclusion across the Global South.\u00a0 Reflecting the Jameel Family\u2019s long-established commitment to innovating for a better future, Abdul Latif Jameel Health works in the commercial environment to address tangible real-world needs today, for a more beautiful tomorrow.\u00a0 It works with partners from around the world to open and grow new markets for distribution of existing solutions and investing in the future of MedTech.<\/p>\n","protected":false},"featured_media":4571,"menu_order":0,"template":"","class_list":["post-4591","pressrelease","type-pressrelease","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Abdul Latif Jameel Health, Orta Do\u011fu\u2019daki nadir hastal\u0131k pazar\u0131na eri\u015fimde \u00f6nde gelen bir ortak olan Genpharm\u2019\u0131n \u00e7o\u011funluk hisselerini stratejik olarak sat\u0131n al\u0131nd\u0131\u011f\u0131n\u0131 duyurdu - Abdul Latif Jameel<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abdul Latif Jameel Health, Orta Do\u011fu\u2019daki nadir hastal\u0131k pazar\u0131na eri\u015fimde \u00f6nde 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