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Morood Invest LLC Backs Care Oncology Clinic, a New Option for Palliative Care Cancer Patients

April 28, 2014

LONDON, April 28, 2014 /PRNewswire/ –

        - A first of its kind, medical option for cancer patients unable to receive
          existing treatments, with an emphasis on quality of life
        - Open to palliative care patients across the world, this new clinic has just
          opened on London's Harley Street

Care Oncology Clinic (COC), an independent, private organization providing oncology
treatments, announces an investment from Morood Invest into the London based clinic.

Delivered by leading oncologists and palliative care doctors, the Care Oncology Clinic
is the first of its kind, specifically set up to offer specialized cancer treatment to
patients for whom the standard oncology treatment regime is not available, viable,
tolerable or providing benefit. The treatment is designed to target the energy
requirements of cancer cells using existing medicines that are already licensed for this
purpose, have an acceptable safety profile and are low cost. Designed to improve the
quality of life of palliative care patients with limited options, this new approach to
cancer is available for all, regardless of the stage or type of cancer.

Mohammed Al Nemer, Founder and CEO of Morood Invest LLC said:

“Our investment into Care Oncology Clinic provides unprecedented opportunities to
develop and bring innovative cancer treatments to patients across the world. This is the
first clinic in the world to offer such treatment in a simple, organized and easily
accessible manner and is backed by a team of highly talented individuals.”

“We invest in businesses with visionary management and credible and realistic
strategies, and feel that COC combines all of those qualities by offering a new dimension
to the idea of ‘care’ in cancer.”

Christina Doherty, CEO of Care Oncology Clinic added:

“There are currently 14 million people a year diagnosed with cancer globally; this is
set to rise to 24 million per year by 2035[1]. A number of cancer patients are unable to
tolerate existing treatments, and are left with limited, or in some cases, no options. Our
objective is to provide affordable treatment to help patients have an acceptable quality
of life while dealing with the disease.”

Morood Invest has also been an investor in COC’s parent company SEEK since 2013. SEEK
is a privately-owned UK drug discovery group whose strategy is to bring safe, effective
and low cost medicines to patients as quickly as possible.

Further information can be found on the website at

http://www.careoncologyclinic.com

————————————————–

1. World Health Organisation, Cancer Research UK and Macmillan Cancer Support

About Care Oncology Clinics

Care Oncology Clinics is an independent organisation specialising in private cancer
treatments.

Our consultants preferentially select medical treatments that have been used by large
numbers of people and have demonstrated an acceptable side effect profile, with an aim to
help patients try and balance quality of life while fighting the disease. Our consultants
also attempt, wherever possible, to choose medicines that are low cost, to provide an
affordable treatment option to a wide range of sufferers.

We believe it is important to provide advanced treatment options through collecting
and sharing data with the wider community.

Oncologists and Consultants at the Clinic include:

Professor Justin Stebbing, MD MA FRCP FRCPath PhD

Professor Angus Dalgleish, MD FRACP FRCP FRCPath FMedSci

Dr David Feuer, BSc BM FRCP

About Morood Invest LLC

Morood Invest LLC is a young, fast growing investment management company focused on
providing innovative investment solutions. Established in early 2012 in the Kingdom of
Saudi Arabia, Morood also has offshore regulated investment vehicles to capitalize on the
opportunities globally where it has invested in the Healthcare, Technology, Real Estate,
and Alternative Energy Sectors.

For more information please visit: http://www.morood.com

        For more information please contact:
        Care Oncology Clinic
        Gregory Stoloff / Christina Doherty
        Tel: +44(0)207-153-6601
        info@careoncologyclinic.com

        Hume Brophy
        Mary Clark / Hollie Vile / Supriya Mathur
        Tel: +44(0)20-3440-5654
        seek@humebrophy.com

        Location: 40 Harley Street, London, W1G 9PP

        Tel: +44(0)207-153-6601

        Email:info@careoncologyclinic.com

        Website:http://www.careoncologyclinic.com

SOURCE Care Oncology Clinics


Source: PR Newswire



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