ProMedEx
ProMedEx is a medical devices distributor based in the Saudi Arabian market, selecting representation of manufacturers of innovative state of the art medical technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $12.0m | Debt | |
| Total Funding | 000k | ||
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Professional Medical Expertise Company (ProMedEx) operates as a key distributor of medical devices within the Gulf Cooperation Council (GCC) market, with a primary focus on Saudi Arabia. Established in 2010 by Nouf Ahmed Abdullah Al-Bassam and Nasser Mubarak Abdullah Al-Qahtani, the company has positioned itself as a crucial link between international manufacturers of advanced medical technologies and healthcare providers in the region. ProMedEx became a publicly held company after listing on the Saudi Exchange's Parallel Market (Nomu) in July 2023.
The company's business model centers on securing exclusive import and distribution rights for a curated portfolio of medical products. Its client base includes both private and public hospitals and medical centers throughout the GCC. Revenue is generated through the sale of these imported medical devices and supplies. ProMedEx's product range is extensive, covering specialities such as spine, sports medicine, pediatric orthopedics, general surgery, oncology, bariatric surgery, critical care, and women's health. The company also provides technical expertise for the installation of the equipment it sells.
Financially, ProMedEx has demonstrated a proactive approach to funding its growth. In September 2023, it secured a SAR 50 million financing agreement with Banque Saudi Fransi to fund purchase orders and support local projects. This followed its initial public offering on the Nomu market. More recently, in June 2025, the company signed a memorandum of understanding with Zhende Medical Company and MedSurg FZ to establish a joint venture for manufacturing medical supplies in Saudi Arabia, aiming to serve the broader Middle East. Another significant partnership was formed in July 2025 with Finnish company Serres Oy, securing a SAR 15 million contract for the exclusive distribution of their surgical fluid management products in the Kingdom.
Keywords: medical device distributor, Saudi Arabia healthcare, GCC medical market, surgical supplies, orthopedic devices, oncology equipment, public hospital supplier, private hospital supplier, medical technology import, Nomu-listed, Professional Medical Expertise Company, sports medicine, bariatric surgery, critical care devices, pediatric orthopedics, infection prevention, endoscopy, women's health solutions, dental care units, healthcare logistics