Q: please comment on vhi expansion news out this a.m. and the health care space
as well.
thank you
as well.
thank you
5i Research Answer:
VHI announced the expansion of its UK subsidiary into the Middle East through a strategic partnership with Abu Dhabi Health Data Services (ADHDS). The partnership is a five year agreement and will extend to territories including Israel, UAE, and Bahrain to name a few. We think the expansion is a positive update for VHI strategically, but we will need to wait and see how this expansion actually affects the company's performance down the line.