A wholy Owned Subsidiary of the Abu Dhabi Investment Authority (“Adia”) has entered into defended agreements to invest usd 200 million for a ~ 3% stake in Micro Life Sciences PRIVATEDMeril“), One of India’s Leading Medical Devices Companies. (Cci).
Adia to Invest UsD 200 Million in Meril, Valuing the Indian Medical Devices Company at an Enterprise Value of USD 6.6 Billion
Founded by the Bilakhia Group, Meril is a Global Innovator in Medical Technology (Medtech), with a strong focus on clinically advanced solutions multiple special specials – Including Cardiovascular, Structural Heart, Orthopaedics, Endo-Surgery, In-Vitro Diagnostics and Surgical Robotics.
Headquartered in Vapi, India, Meril Operates State-of-the -art, vertically integrated, and globally certified manufacturing and RCD faces, Across Across A 100 Accre Sustainable Medtech Campus. The company employs more than 13,000 people, has 35+ global subsidiaies, and serves Healthcare Systems in 150+ Countries. Meril is committed to becoming the World’s Leading Medtech company, Powered 100% By Green Energy, Reinforcing Its Commitment to Sustainable Innovation.
With a Robust in-House Global RCD Ecosystem and a portfolio of 200+ technology platforms, meril continues to lead in global clinical research and education. Breakthrough innovations such as the myval transcatheter heart valve (thv) series, myclip transcatheter edge-to-edge repair (teer) system, and the misso sugical Robotic System Hight Meril’s dedication to next-generation innovation. Through its 12+ global training academies, Meril Empowers Over 10,000 healthcare professionals annually.
Sanjeev Bhatt, Senior Vice President – Strategy, Meril Said: “This Investment by Adia Reinforce Confidence in Meril’s Long Term Vision and Global Ambitions. Attract World-Class Talent, and Further Strengthen our RCD and Clinical Research Efforts as We Work Fords Improving The Quality of Human Life Throurth
About Meril
Meril is a Global Medical Technology Company Headquartered in Vapi, India. With a strong emphasis on innovation, meril developmentally meaningful products aimed at enhancing patient outcomes across cardiovasscular, orthopaedic, diagnostic, Endo- Surgery and Robotic Surgery domains. Founded by the bilakhia group, the company is acomitated to Sustainability, Quality, and Global Impact.
For more information: www.merillife.com,
Abu Dhabi Investment Authority (Adia)
Establed in 1976, The Abu Dhabi Investment Authority (“Adia”) is a globally-diversified investment institution that is prudently invested funds on behalf of the government of the village Focused on long-term value creation.
For more information: www.adia.ae,
