Director
Ajit
Rao
Manufacturing plants across the UAE in pharma and MedTech. Extensive investing experience across sectors and asset classes.
01About Merova
An execution platform built from Abu Dhabi for regional healthcare scale.
Merova combines strategic investment, manufacturing and commercialization into one platform — engineered for differentiated MedTech and qualified institutional investors.
1.1Operating Principles
01
Integration over fragmentation
Investment, manufacturing and commercialization operate as one platform, not three.
02
Differentiation over volume
IP-backed, approved products with defensible margins — not undifferentiated SKUs.
03
Regional execution
Built from Abu Dhabi. Designed for the GCC, MENA and India.
04
Discipline over narrative
Capital allocation governed by committee. Every claim is grounded in process.
1.2DIRECTORS
Ajit
Director
Dr
Josh Kriesel
25+ years in medical devices and pharma with 25+ patents. Executive, founder and board member in the USA and Middle East. Raised more than $300M across five continents.
DirectorCEO, Care Solutions
Dr
Atef Albitar
Veteran MD with 25+ years in healthcare management. Former CEO of Nation Hospital, Revital Rehab Hospital, Saas Healthcare, and Health CEO. Former COO of Universal Hospital.
1.3INVESTMENT COMMITTEE
Darshan Desai
Investment CommitteeChartered accountant with international finance expertise. More than $1B in financial engineering and structuring across global transactions.
Madhukar Tana
Investment CommitteeHealthcare executive across Canada, the Middle East and India. Co-founder and former CEO of Pharmax, sold to ADQ in 2023.
Rabih Khoury
Investment CommitteeGeneral Partner at MEVP and Managing Partner of Melwood Capital. More than $5B in transactions, raised $2B+ across MENA and Turkey. Former CEO of DIC Emerging Markets.