Healthcare drive sees Dubai Science Park attract leading global companies

TAGS: Investment
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Dubai Science Park now is home to over 400 companies and 4,000 business professionals.

More than 400 companies and 4,000 professionals are based in Dubai Science Park today, after a global push to bolster healthcare systems served as a catalyst for biotechnology, pharmaceutical and life sciences leaders to join the business district.

Top global companies joined Dubai Science Park, the region’s leading science and healthcare-focused business district, last year as the importance of science, technology and medical innovation came to the fore. Many existing business partners also expanded their presence, opening new offices and innovation centres to develop new products as Dubai reinforced its position as an attractive destination for healthcare-focused companies.

New businesses at Dubai’s top science district include New York Stock Exchange-listed biotechnology multinational Biogen, which makes neurological disease treatments; Dubai-based DGrade, the first bottle-to-yarn manufacturing company to make clothes out of plastic waste; and Indian’s largest biopharmaceutical company, Biocon, which has a presence in more than 120 countries, employs over 12,000 staff, and develops medicine to treat diabetes, cancer and autoimmune diseases.

Dubai: A hub for scientific talent

In addition to a raft of new companies, existing business partners including Germany’s life sciences leader Bayer expanded its presence by opening a new regional headquarters in Dubai Science Park. Bayer’s office design incorporates new ways of working founded on what it dubs an ‘activity-based-work set-up’. This underlying conceptual approach aims to set new benchmarks in workplace organisation, productivity, efficiency, and wellbeing.

In addition to many local and regional players, more than 60 leading global biotechnology, healthcare, life sciences, pharmaceutical and light manufacturing companies established a presence in Dubai Science Park last year, increasing the total number of business partners to more than 400.

Marwan Abdulaziz Janahi, Managing Director of Dubai Science Park, said: “The remarkable international response to this extraordinarily challenging year has reminded all of us that science matters. It took less than a year to vaccinate the first person after the virus’ genetic sequence was made public, and this will go down as a historic moment for pharmaceutical innovation. In Dubai Science Park, our business partners have been at the heart of the region’s response to the pandemic, providing cutting-edge testing and disinfection services. We have continued to take great strides forward in our scientific achievements and I am delighted to be home to more than 400 leading companies and 4,000 professionals.”

He added: “With a renewed sense of hope as the region shifts its focus to growth, scientific innovation will play an increasingly critical role in the UAE’s knowledge-based economy. By providing a business-friendly environment with state-of-the-art infrastructure, sustainable laboratories, light industrial units and favourable rules and regulations, we have created a holistic ecosystem to support start-ups, entrepreneurs and multinational corporations operating across the sciences, environmental and energy sectors. Inspired by the UAE’s visionary leadership, we are optimistic this year.”

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Marwan Abdulaziz Janahi

Boosting the UAE’s response and recovery

Established in 2005, Dubai Science Park is a vibrant business district home to leading local and international institutions including the UAE Ministry of Health and Prevention, Pfizer, Medtronic, Olympus and Mettler Toledo.

Many of these companies played a critical role in the UAE’s efforts to mitigate the impact of COVID-19, with companies such as Alliance Global supplying hundreds of thousands of PCR test kits across Africa, the Middle East, and Central Asia.

As part of its commitment to supporting the community last year, Dubai Science Park continued to host a regular series of panel discussions and talks on topics ranging from mental health and well-being to clinical research and COVID-19.

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