Saturday, June 12, 2021

Dubai Science Park now home to 400 companies

Dubai Science Park (DSP), the region’s leading science and healthcare-focused business district, attracted top global companies last year, making DSP now home to over 400 companies and 4,000 business professionals.

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.

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.

Meanwhile, US-based IFF opened earlier this year a new creation, application and innovation centre for its Taste, Food & Beverage division in Dubai Science Park, to drive further growth in Africa, Middle East, Turkey, and India (AMETI).

The state-of-the-art 1,400-sq-m creative facility services companies within the AMETI region by offering innovative flavours, savoury solutions, juice-based compounds, inclusions, colours, and food protection solutions.

The new lab is supporting both the creation and application needs of all key categories, including snacks, beverages, savoury, sweet and dairy. The creative centre also includes a sensory facility, as well as an analytical lab. In line with the company’s focus on sustainability, the facility is GOLD LEED certified.

With IFF’s investment in the Dubai Creative Center, the company is reaching a key milestone in bringing a stronger emphasis on these exciting markets and providing enhanced and locally relevant support for the customers and to better meet their present and future needs.

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.

“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 startups, entrepreneurs and multinational corporations operating across the sciences, environmental and energy sectors. Inspired by the UAE’s visionary leadership, we are optimistic this year,” he added.

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. – TradeArabia News Service

Copyright 2021 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

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