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pharmaceuticals
Latest in pharmaceuticals
antibiotic medicine
EXCLUSIVE: Pfizer recalls bacteria-fighting antibiotic Zithromax from UAE market
Popular antibiotic that is used to fight STIs, skin and respiratory infections vanishes from pharmacy shelves as Pfizer works to resolve ‘manufacturing’ issue
Dubai Investments
Dubai’s Globalpharma unveils 2025 plans with 25 new product launches
The new product launches are in a range of therapeutic areas, including diabetes, cardiovascular, gastroenterology, and orthopaedics
CPhI Middle East & Africa
Saudi pharmaceutical exhibition witnesses $2.7bn of deals
CPHI Middle East witnesses $2.7bn of agreements for pharmaceutical sector in Saudi Arabia
acquisition
Saudi Arabia’s SPIMACO acquires 68% stake in Swiss pharma Osmopharm
The deal is expected to provide SPIMACO with a significant opportunity to strengthen its product portfolio, enhance its position in Saudi Arabia, and broaden its international footprint
Abu Dhabi
Mubadala and CBC acquire UCB’s pharma business in China
UCB’s mature business includes immunology, neurology and allergy portfolio as well as its manufacturing unit in Zuhai
Abu Dhabi
Etihad Cargo proves a hot favourite for its cool cargo products
In 2023, PharmaLife, its dedicated service to pharmaceutical industry, records a volume growth of 37%; FreshForward cargo increases by 10%
Pharmaceutical
Saudi Arabia to begin producing insulin domestically with new partnership
The agreement was concluded by the National Company for the Unified Purchase of Medicines, Medical Devices and Supplies (NUPCO), Sudair Pharmaceuticals Company, and Sanofi Company
biotech
Saudi wealth fund PIF establishes Lifera to supercharge pharma manufacturing in the kingdom
The move is part of Saudi Arabia’s efforts to reduce its dependence on oil
air freight
Etihad Cargo stays at the forefront of pharma logistics with key recertification
PharmaLife, its dedicated pharmaceutical transportation product, undergoes an intensive audit from IATA’s Centre of Excellence for Independent Validators
AstraZeneca
AstraZeneca opens a manufacturing JV with the pharma industry body in Saudi Arabia
The new factory of hazardous drugs is located on an area of 2800 square meters at a total cost of 272 million riyals
Abu Dhabi
Abu Dhabi Airports joins cross-industry network Pharma.Aero as ME strategic partner
The collaboration with the network to help build on the emirate’s growth as a global healthcare and life sciences hub
AI in healthcare
Pfizer extends its faith in CytoReason for AI-driven drug discovery
The partnership would be worth up to $110m over the next five years, including a $20 million equity investment in CytoReason’s computational models
biomedical research
Saudi Arabia to invest $3.4 billion into vaccines and vital medicines
The kingdom wants to achieve pharmaceutical and health security, and make Saudi Arabia an ‘important centre for this promising industry’
Abu Dhabi
Abu Dhabi’s ADQ acquires Turkish pharma producer to boost UAE’s ability to manufacture health products
Turkey’s BMG, which specialises in freeze drying, is a production service provider for sterile injectable products, including vials and pre-filled syringes used for vaccines
Dr Essam Mohamed
UAE pharma major Julphar plans new product launches after return to profitability
Revenue, profit boost in 2021 due to increase in market share in the UAE and Saudi Arabia
Artificial intelligence
Why is digitisation ‘critical’ to the region’s healthcare sector?
Coronavirus has accelerated UAE’s digital transformation and led to localised solutions for healthcare challenges, said Abu-Dhabi based Yas Holding boss