1 year ago

ADIA Invests $200 Million in Micro Life Sciences

ADIA Invests $200 Million in Micro Life Sciences
ADIA invests $200 million in Micro Life Sciences · thehindubusinessline.com

ADIA, a company from Abu Dhabi, has invested $200 million in Micro Life Sciences, a medical device company.

This investment gives ADIA a small part of the company, about 3%.

The investment values Micro Life Sciences at $6.6 billion.

Micro Life Sciences is also known as Meril, which makes advanced medical tools and equipment.

Meril has factories, research facilities, and employs many people globally, selling its products in many countries.

The investment will help the company grow, hire more experts, and do more research to improve healthcare.

Key facts

Investor
Abu Dhabi Investment Authority (ADIA)
Investment Amount
$200 million
Stake Acquired
3%
Valuation
$6.6 billion
Company
Micro Life Sciences (Meril)
Focus
Medical Technology (MedTech)
Employees
Over 13,000

Sources

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