Friday, April 12, 2024
No menu items!

Top 5 This Week

bama cap

Related Posts

Essam Abdelhady, an ex-Abbott Global VC, acquires a stake in Nawah and joins the advisory board.

Dr. Essam Abdelhadi, Ex-Abbott VP Middle East, Turkey, Africa, and Pakistan, has acquired a stake in Nawah Scientific and joined the advisory board. Nawah Scientific is Egypt’s fastest-growing life science venture. This comes as Nawah gets closer to closing a significant Series A round led and joined by regional and international investors.

Nawah Scientific, which was founded in 2015, is an online platform that receives experiment requests, collects samples, conducts tests, and digitally provides the results. Its goal is to allow scientists to undertake better research regardless of their location or access to lab facilities.

“It’s such an honor” Dr. Omar Sakr, Nawah’s founder and CEO commented. He added “Dr. Abdelhadi has been always a role model to look up to. He comes with immense experience in the pharmaceutical industry, sales, and marketing across the same geographical markets Nawah plans to expand to, in addition to deep hands-on expertise in managing operations at such a scale. We could not wish for a better investor and advisor to help us manage our current rapid growth”.

- Ad -

Dr. Abdelhadi led a very interesting career with top leadership positions in several multinational pharmaceutical companies such as Janssen Cilag, Johnson & Johnson, Abbott Pharma, and Abbott nutrition. He commented on this investment “I was impressed by the development Nawah has achieved in a relatively short time, in an untypical environment. One won’t expect this level of scientific quality to emerge in the region and I have full confidence that Nawah will grow upwards and onwards to compete in the international scientific services market”.

With a clear mission to “Empower Science in MENA & Africa”, Nawah has introduced a brand-new business model to the region, bringing the power of the digital era to the capable hands of scientists. “Scientists’ role is to think, design the experiments, and interpret results, we do the rest of technical work for them at Nawah” commented Prof. Ali El-Halawany, Chief Scientific Officer at Nawah. Here is how it works: Nawah’s online platform receives experiments requests online, a courier collects samples for analysis, Nawah’s scientists carry needed tests and return results online. By this, Nawah enables scientists to do higher-quality research regardless of their location and owned lab facilities.

- Ad-
Weddy Thuranira
Weddy Thuranira
Weddy profiles new startups and innovators across Africa and announces funding rounds, mergers, acquisitions and startup partnerships across Africa. She is based in Nairobi, Kenya. Reach her and the entire news desk at [email protected]

Popular Articles