GHP sign collaboration agreement regarding Neurorehabilitation Hospital in GCC

As an important step to continue the expansion in UAE and GCC, GHP has signed a collaboration agreement with Integra Healthcare (IHC). IHC leads an initiative to establish a world leading Neurorehabilitation Hospital and has chosen GHP as Hospital Operator.

GHP has carefully investigated the UAE and GCC market and concluded that there is a great need for rehabilitation services in general, and rehabilitation for neuro related injuries in particular. The planned hospital will aim at being the comprehensive service provider related to the patient group of Neuro and Road Traffic Accidents patients, with a need for in- or out-patient rehab.

The project is in its early stages and critical actions during the coming months is to secure funding of establishment and construction of the Neuro-rehabilitation Hospital. GHP has signed a collaboration agreement with IHC where GHP will become the Hospital Operator if and once the funding is secured.

IHC is a consortium of leading healthcare Planning, Design and Construction professionals which offer clients a one-stop turn-key solution for all their health care needs.

“A hospital focusing on Neurorehabilitation will fit perfectly in GHPs strategy with a high degree of specialization and focus on quality and outcomes. It is another area with a strong local need where we can really make a difference for the population of UAE and those of other GCC countries”, says the CEO of GHP International, Tobias Linebäck.

The signing of this collaboration agreement will not have any greater effect on the P/L of GHP at this stage. Provided a successful fund raising, GHP will come back with additional information and guidance.

2 June 2017
Gothenburg, Sweden
GHP Specialty Care AB (publ)

Queries should be addressed to:
Daniel Öhman, CEO GHP Specialty Care AB, Tel: +46 708 55 37 07
Tobias Linebäck, CEO GHP International, Tel: +971 56 5354 550

GHP is an internationally active health care provider that operates specialist clinics in a select number of diagnostic areas through the application of a business model that is unique in the health care industry, where leading doctors become partners and shareholders. Each clinic specialises in a particular patient group, and this leads to increased efficiency and higher quality. This is the cornerstone of GHP’s business philosophy – “Quality through specialisation”. GHP shares are traded on the Small Cap list of Nasdaq Stockholm under the ticker symbol “GHP”.

GHP Specialty Care AB (publ) | Corp. ID No. 556757-1103
Södra Hamngatan 45
 | SE-411 06 Gothenburg | Sweden
Tel +46-31 712 53 00
| Fax +46-31 313 13 21 |

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.