Ipsen’s opening comes as the UAE seeks to become healthcare hub for multinationals
pharmaceuticals
covid-19
UAE firm says in talks with global pharma giants to produce drugs locally
LIFEPharma, part of VPS Healthcare, hopes to secure licences to produce drug products in 2022 and 2023
GCC healthcare
UAE pharma major says Q1 net loss narrows on strong sales
Gulf Pharmaceutical Industries reports a 60% jump in net sales during Q1, boosted by a recent re-entry into key markets
antibiotic medicine
Video: Should the Covid-19 vaccine be patent-free?
The race is on for what some argue will be the most coveted resource of our time: a Covid-19 vaccine.
antibiotics drugs
Video: Why old drugs could fight Covid-19
A vaccine for the deadly coronavirus could be years away and the world can’t wait that long. But what if there was a cure that already existed? While big pharma races to make a new drug, some scientists are looking at what we already have on our shelves.
Pharmaceutical
Saudi pharma industry set to be worth over $10bn by 2023
New research shows that Saudi pharmaceutical market is expected to grow at a compound annual growth rate of 5.5% until 2023
Abdul Rahman bin Mohammed Al Owais
UAE health minister orders price cuts on hundreds of medicines
Abdul Rahman bin Mohammed Al Owais issues decree to reduce prices of 410 drugs from September 15
healthcare services
Generation game: Mazen Altaruti on how he makes the most of his millennial workforce at MSD
Mazen Altaruti, assistant vice president (AVP), regional managing director – GCC at MSD said the biggest challenge with millennials is they go fast – delivering a rapid job turnaround
Julphar
UAE Ministry of Health recalls medicine after label mistake found
The suppositories were found to be labelled incorrectly as being for children
Garrett Walsh
Mezzan acquires Kuwait’s only pharma manufacturer in $69m deal
Mezzan Holding announces the acquisition of a 67% stake in Kuwait Saudi Pharmaceutical Industries Company
Gulf Pharmaceutical Industries
UAE pharma giant posts $24m losses as Saudi product ban bites
Gulf Pharmaceutical Industries CEO says first quarter of 2019 has been a challenging, focuses on recovery
Gulf Pharmaceutical Industries
UAE pharma giant cuts jobs as Saudi ban weighs on finances
Gulf Pharmaceutical Industries is looking to hire a restructuring adviser after cutting jobs
Cosmetics
Indian drug firm Himalaya eyes global research hub in Dubai
Dubai Science Park to host R&D centre of producer of cosmetics, nutritional supplements, herbal medicines and Ayurvedic products
Abu Dhabi National Exhibition Centre
Pharma industry eyes GCC’s ageing population to drive growth
Gulf region’s over-60s population is forecast to reach 18 million by 2050
Dubai
Pharma giant Sanofi opens new Dubai logistics hub
New distribution centre in Dubai will facilitate the delivery of over 22 million packs of medicines every year
Dubai
Dubai Investments buys extra 66% stake in pharma firm
Globalpharma manufactures pharmaceutical products in more than 14 countries across the GCC, Middle East and neighbouring markets
Julphar
UAE orders withdrawal of Julphar mouthwash over ‘impurities’
Ministry of Health and Prevention says product testing confirmed that it contained impurities that are both harmful and contaminated with bacteria