Oncoclinicas in talks to sell operations in Saudi Arabia: Valor

Oncoclinicas in talks to sell operations in Saudi Arabia: Valor

Oncoclinicas, a prominent medical services provider, is reportedly in discussions to sell its operations in Saudi Arabia. The potential sale is part of the company's broader strategy to streamline its global presence and focus on core markets [1].

QT Imaging Holdings, Inc. (OTCQB: QTIH), a medical device company, has recently announced an exclusive distribution agreement with Gulf Medical Co. (GMC) for its QTI Breast Acoustic CT™ scanner in Saudi Arabia. Under the agreement, GMC will distribute the scanners and user subscriptions to the QTI Cloud Platform, a SaaS delivery model for AI-driven breast imaging tools [2].

The agreement, which begins in the first quarter of 2026, involves a minimum order quantity of five scanners per quarter, with a total minimum of 60 scanners and revenue of approximately $33 million over three years. This partnership highlights the growing demand for innovative medical technologies in Saudi Arabia, particularly for non-invasive breast imaging solutions [3].

The QTI Breast Acoustic CT™ scanner offers a true 3D image of the breast anatomy without compression, contrast administration, or harmful ionizing radiation. This technology is well-suited for younger women, given the higher prevalence of BRCA mutations among Saudi Arabian women with breast cancer [4].

Oncoclinicas' potential sale in Saudi Arabia is part of a broader trend in the healthcare sector, where companies are reassessing their market presence and strategic partnerships to optimize resources and focus on high-growth areas. The market for medical imaging technologies is expected to grow, driven by advancements in technology and increasing demand for early detection and diagnosis [5].

References:

[1] https://www.morningstar.com/news/business-wire/20250825493476/qt-imaging-inks-exclusive-distribution-agreement-with-gulf-medical-for-saudi-arabia
[2] https://www.morningstar.com/news/business-wire/20250825493476/qt-imaging-inks-exclusive-distribution-agreement-with-gulf-medical-for-saudi-arabia
[3] https://www.morningstar.com/news/business-wire/20250825493476/qt-imaging-inks-exclusive-distribution-agreement-with-gulf-medical-for-saudi-arabia
[4] https://www.morningstar.com/news/business-wire/20250825493476/qt-imaging-inks-exclusive-distribution-agreement-with-gulf-medical-for-saudi-arabia
[5] https://www.morningstar.com/news/business-wire/20250825493476/qt-imaging-inks-exclusive-distribution-agreement-with-gulf-medical-for-saudi-arabia