TVM Capital Healthcare and Siemens Healthineers Announce Landmark Cooperation, Focus On South East Asia
TVM Capital Healthcare, which is a healthcare provider with a focus on emerging markets, and Siemens Healthineers, recently announced a landmark cooperation, with the intention of supporting and accelerating the growth of innovative countries within the South East Asia. Under this agreement, TVM’s portfolio companies in the region will be able to utilise Siemens Healthineers’ knowledge in the medical technology industry, as well as its strong global presence.
Through Siemens Healthineers’ exclusive “Value Partnership” model, the company enables healthcare providers to optimise business processes, broaden capabilities and further innovation. SE also intends on providing access to its Consulting Hub in Singapore, which provides consultation on healthcare strategies, the development of “Centers of Excellence” in focussed areas (such as Cardiology, Neurilogy, and Oncology), operational improvement and digitalisation.
TVM Capital Healthcare is homed in on in investments in the localisation of manufacturing, ex-hospital care, de-risking medical supply chains, highly specialised clinics, clinic chains (in fields such as cardiology, diagnostics and oncology), as well as disease management and home care. A huge effort will be put into sourcing enabling platform technologies, which can aid the portfolio in improving care access, as well as quality enhancement and sustainability performance.
Hoda Abou-Jamra, Founding Partner of TVM Capital Healthcare and Managing Director of the firm’s Southeast Asian Operations commented: “There is a lot of work to do to grow a sustainable healthcare infrastructure in SEA, and provide access to affordable and quality care. By combining our experience as a dedicated emerging markets healthcare investor/operator, with Siemens Healthineers’ global expertise in healthcare technology and operations and large local teams with experience on the ground in countries like Vietnam, Indonesia and the Philippines, we will be in a unique position to do exactly that. We will co-create novel and innovative business models in healthcare with a focus on improving access to care at all levels across Southeast Asia. I look forward to our cooperation and growing impactful healthcare companies together.”
Fabrice Leguet, President & Managing Director, Southeast Asia, Siemens Healthineers, had this to say: “Access to basic medical care continues to be a growing concern for many countries in Southeast Asia. It’s both a privilege and an obligation for us, as one of the drivers of innovation in medical technology, to make healthcare accessible for everyone, everywhere. The strategic collaboration with TVM Capital Healthcare will enable local healthcare entrepreneurs to have access to the capital needed for them to drive growth, supported with relevant technical, clinical and managerial knowledge, and the latest medical technologies from Siemens Healthineers.”