Paris, France / Saudi Arabia, Riyadh, February 14th, 2023 – Chronolife, a digital health services operator specializing in continuous, real-life and multiparametric monitoring of patients and people at-risk through health-certified wearables, announces a strategic alliance with SAMI Advanced Electronics, a subsidiary of SAMI (Saudi Arabian Military Industries), the Kingdom of Saudi Arabia’s leading provider of electronics, manufacturing, and maintenance services in the defense and aerospace, ICT, energy, and security fields.
Chronolife offers a complete suite of remote medical monitoring services for patients and people at risk, based on fully interoperable, multiparametric healthcare certified wearables, to contribute to the delivery of higher value care, the reduction of avoidable hospitalizations and, ultimately, the improvement of population health in a context of overburdened healthcare systems.
In addition to its off-the-shelf services already prescribed in Europe by healthcare professionals for patients suffering from chronic pathologies (chronic heart failure, respiratory diseases, long COVID, oncology), Chronolife also offers its customers the possibility to design custom wearables, adapted to specific cases. Its expertise allows it to address complementary growth markets, in particular those of occupational health for large companies, or risk management for isolated workers and/or those in dangerous situations.
The collaboration between the two companies aims to develop and then manufacture and operate locally a wearable for the continuous and accurate monitoring vital signs of thousands of workers and operators in the field in SAMI-AEC’s sectors of activity, i.e. defense and aerospace, energy and security. This wearable, which will fit seamlessly into their demanding daily activities, will track several key physiological parameters in near real time, assess and anticipate stress as well as recovery of operators from intense training to field operations.
The signature was held during the LEAP event, major Saudi event to promote new technologies, under the supervision of the French embassy of Saudi Arabia, and with the strong support of the French authorities in Paris.
This meeting is the direct result of the mission organized jointly by MEDEF international and the Saudi Ministry for Investments (MISA) in December 2022, aiming at supporting the deployment of French healthcare technologies to the Kingdom of Saudi Arabia.
Core ally of the Government of Saudi Arabia in localizing military manufacturing, deploying smart technologies, and accelerating industrial and commercial growth, SAMI Advanced Electronics, led by Eng. Ziad H. Al-Musallam (President), has set a major goal to be among the top 25 defense companies in the world by 2030.
“The collaboration with Chronolife is perfectly aligned with our vision and strategy for 2030. Chronolife’s extensive expertise with wearables and in early detection programs is a golden opportunity for government agencies to offer remote monitoring to those requiring it.” said Eng. Walid Abukhaled, Chief Executive Officer of SAMI.
“We are very proud that SAMI Advanced Electronic chose Chronolife for the development of this innovative solution and ambitious project. Our patented technologies and expertise in the deployment of remote health monitoring programs will be leveraged through our Reference Design solution for this inspiring use case in the workplace safety sector ” said Laurent Vandebrouck, CEO of Chronolife.
About Chronolife – Real time intelligence for healthcare
Chronolife operates an open ecosystem of digital health turnkey services for remote patient monitoring and early detection of deteriorating health conditions. The company relies on its own off-the-shelf or custom multiparametric connected medical devices as well as 3rd-party devices for continuous monitoring of everyday life. Chronolife valorizes and makes the data available through telemonitoring platforms. Founded in 2015 and based in Paris, with a subsidiary in San Diego, Chronolife was co-founded by iBionext, a unique ecosystem and investment fund dedicated to the creation of innovative Healthtech startups. For more information: join us on LinkedIn or visit us at https://chronolife.net.
About SAMI Advanced Electronics
Established in Riyadh in 1988, SAMI-AEC is a leading electronics, technology, engineering, and manufacturing enterprise that designs, develops, services, and maintains advanced, high-tech products and systems in the Defense and Aerospace, ICT, Energy and Security sectors. The company employs more than 2,600 people, 85 percent of whom are highly qualified Saudi men and women, with more than 800 engineers and certified resources in various fields of knowledge and expertise.
Chronolife : Emma Bertin – Marketing Manager (firstname.lastname@example.org)