02The Operating Platform

One platform. Three operating engines. One value creation model.

Investment, manufacturing, and commercialization operate as one integrated system — designed for differentiated MedTech with proven approvals.

2.1Three Engines
01

Merova Ventures

Ownership

Strategic ownership in emerging-growth, IP-backed MedTech companies with approvals in the USA and Europe.

  • Emerging-growth allocation · 60%
  • Follow-on allocation · 25%
  • Late-stage allocation · 15%
02

Merova CMO

Manufacturing

Proprietary healthcare products manufactured in Abu Dhabi for portfolio companies under a cost-plus model.

  • Cost-plus rent and margin
  • Cost-plus utilized labor
  • Made in Emirates · in-country value
03

Merova Care Solutions

Market Access

Marketing, registration and sublicensing across the GCC, MENA and India for differentiated healthcare products.

  • UAE MoH registration pathway
  • Hospital and provider channels
  • MENA + India sublicensing
04

Integrated Return Model

Execution

Venture upside combined with recurring operating dividends — a dual-track institutional return profile.

  • Cumulative platform IRR > 40% [Target]
  • Ventures 3–5x / 30–40% IRR [Target]
  • Operating 15% IRR [Target]
2.2The Eight-Step Operating Process

Source to distribution —
one continuous system.

01

Source

Originate proprietary, IP-backed MedTech with approvals in the USA and Europe.

02

Evaluate

Screen for valuation, market fit, regulatory pathway and GCC manufacturability.

03

Invest

Take strategic ownership through Class A Preferred at the holding level.

04

Manufacture

Move production into Abu Dhabi under a cost-plus model — Made in Emirates.

05

Register

Obtain UAE MoH approval and regional regulatory licenses.

06

Commercialize

Market through hospital networks across the GCC and key MENA markets.

07

Scale

Sublicense and expand into MENA, India and adjacent emerging markets.

08

Distribute Returns

Pay venture exits and operating dividends through the dual-track return model.

Integration Note

Each stage is interconnected by a single proprietary governance framework, ensuring the platform operates as a cohesive unit from initial sourcing through to regional scaling.