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

•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

LONDON, April 28, 2014-- 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


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