Riyadh – Sharikat Mubasher: Sanabil Investments, owned by Saudi Arabia's Public Investment Fund (PIF), announced a partnership with Redesign Health, a leading healthcare venture builder, to drive healthcare innovation in the Kingdom.

The collaboration establishes the Sanabil Venture Studio by Redesign Health, aimed at supporting founders in launching and scaling transformative healthcare companies, according to an official press release. This initiative aligns with Saudi Vision 2030, which seeks to diversify the economy.

Sanabil Investments is excited to reshape healthcare in Saudi Arabia, aiming to improve patient outcomes while creating job opportunities and promoting entrepreneurship. This partnership is set to establish the Kingdom as a global hub for healthcare innovation, benefiting both local and international markets.

Redesign Health, known for launching over 60 companies in six years, will combine its venture-building model with Sanabil's network to address Saudi Arabia's healthcare needs.

The partnership marks Redesign Health's first international expansion, and together, they plan to accelerate the healthcare transformation in the Kingdom, contributing to sustainable growth and positioning Saudi Arabia as a leader in global healthcare innovation.