Ascent Group in deal with SMSMC

MUSCAT — The US-based Ascent Group has signed a memorandum of understanding (MoU) with Salalah Medical Supplies Manufacturing Company (SMSMC) to invest in the development of the medical technology industry in Oman.

By Our Correspondent

Published: Wed 25 Apr 2007, 8:34 AM

Last updated: Sat 4 Apr 2015, 9:17 PM

A new joint venture will be formed in Oman owned by SMSMC, Ascent Group and a US corporation. It plans to bring to the Middle East the capability to manufacture therapeutic devices and to develop prototypes for new device concepts.

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