27/02/2026 07:49 AST

Investcorp, a leading global alternative investment firm, has announced that Lu Daopei Medical (LDP), a portfolio company of the Investcorp China Pre-IPO Healthcare Fund, has partnered with Florence Nightingale Hospital Group in Turkey to set up the first dedicated CAR-T (Chimeric Antigen Receptor T-cell) stem cell therapy centre in the Middle East and North Africa region.

The key facility will be focused on the treatment of severe leukemia, including pediatric cases.

Announcing the launch, Investcorp said the partnership brings world-class CAR-T therapy, developed and refined in China, to the Middle East for the first time.

CAR-T therapy is an advanced form of immunotherapy that modifies a patient's own immune cells to more effectively recognise and eliminate cancer cells.

This highly-personalised treatment has shown promising results in treating certain aggressive blood cancers and provides an alternative option for patients, particularly children, who have exhausted conventional options such as chemotherapy, radiotherapy and bone marrow transplantation.

Founded in 2001 by renowned hematology expert Dr Lu Daopei, LDP has grown into one of China's largest specialist hematology hospital groups, with deep expertise in hematopoietic stem cell transplantation, CAR-T therapies and complex blood disorders.

Through the partnership, LDP aims to create capacity for up to 200 CAR-T treatments annually, with plans to expand into broader oncology applications over time.

Mohammed Alardhi, Executive Chairman of Investcorp, said: "We are proud to support Lu Daopei Medical's partnership with Florence Nightingale Hospital Group to bring advanced CAR-T cell therapy to the region. This initiative reflects our commitment to backing innovative healthcare companies that deliver meaningful impact, by expanding access to cutting-edge treatment options for patients who need them most."

Duncan Zheng, the Head of Investcorp China and Deputy Head of Emerging Markets Private Equity, said: "The launch of the center demonstrates the strength of cross-border collaboration and our ability to support portfolio companies in transferring proven clinical innovation into new markets. We see significant potential to further expand access to these therapies across the region as demand for specialized oncology care continues to grow."

Investcorp continues to support LDP's broader international growth strategy, including identifying additional partners to extend access to these therapies across the GCC, alongside its continued expansion into Southeast Asia, Latin America and Central Asia, stated Zheng.

The establishment of the CAR-T center strengthens regional healthcare infrastructure, reduces the need for patients to travel abroad for treatment and positions the Middle East as an emerging hub for next-generation cell therapy and oncology care, he added.


Trade Arabia

Investcorp completes $1.2bn investments in Q1 of fiscal 2026; plans to deploy $6bn

03/11/2025

Investcorp, a leading global alternative investment firm headquartered in Bahrain, announced that it has completed $1.2 billion in investments during the first three months of its fiscal year 2026 ac

Trade Arabia

Investcorp raises a ?240m fund to back Italian cybersecurity firm

11/07/2025

Investcorp, a leading global alternative investment firm based in Bahrain, today (July 10) announced the completion of the sale of a majority stake in leading Italian cybersecurity provider HWG Sabab

Trade Arabia

Investcorp sells stake in India's Citykart

27/05/2025

Investcorp, a leading global alternative investment firm, today announced the sale of its entire stake in Citykart, one of India's fastest-growing value retailers focused on Tier-2 and Tier-3 towns,

Trade Arabia

Ticker Price Volume
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)
NBK's eSavings Account: A 100% digital savings experience that is smarter, easier

13/04/2026

National Bank of Kuwait announced the launch of its eSavings Account, a fully digital savings account designed to help customers build effective savings plans and effortlessly achieve their financial

Kuwait Times

Zain Kuwait clinches triple titles from Ookla Speedtest

13/04/2026

Zain Kuwait has added another major international win to its growing record of network leadership accolades, winning three prestigious awards from Ookla Speedtest - the world's leading platform for n

Kuwait Times

ADNOC Gas, Fertiglobe named top picks in Bernstein's MENA energy call

13/04/2026

Bernstein has initiated coverage on the MENA energy sector with a bullish view on UAE-listed ADNOC Gas and Fertiglobe, naming both among its top investment picks and pointing to strong cashflow visib

Gulfnews

District cooling enhances efficiency in challenging times: opinion

13/04/2026

In light of growing economic and environmental challenges, energy efficiency has become a top priority for governments and societies alike.

As global temperatures continue to rise and energ

Trade Arabia

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times