It includes the establishment of the first factory in the Middle East to produce insulin substitute
Industrial partnerships worth 260 million dirhams to produce medicines and medical supplies in the UAE
During the signing of the agreement to establish a “Galargin” factory
Sultan Al Jaber: "Quality partnerships support the integration of supply chains, and enhance our industries to achieve self-sufficiency."
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Sarah Al-Amiri, Minister of State for Public Education and Advanced Technology, witnessed the signing of a package of memoranda of understanding and qualitative multilateral partnerships at the national level, supporting integration in the pharmaceutical and medical supplies industry, at a value of 260 million dirhams.
And the Ministry of Industry and Advanced Technology stated, in a statement yesterday, that under the qualitative partnership, work will begin between the “Pure Health” group, one of the largest providers of health care services in the UAE, and a member of the Ministry’s National Value Added Program, with each of the Abu Dhabi Medical Supplies Company. (ADMD), a subsidiary of Abu Dhabi National Industrial Projects Group, Abu Dhabi Ports Group, and Borouge Petrochemical Company to establish a production line for patented medical equipment and supplies in the Emirates in Abu Dhabi, at a cost of 110 million dirhams, and raw materials from Borouge Petrochemical Company, and to provide industrial land through Abu Dhabi Ports Group in ICAD 1 to produce medical needles, insulin syringes, catheters, artificial respiration products, and personal protective equipment.
Pure Health will work with Gulf Pharmaceutical Industries (Julphar) Ras Al Khaimah, to establish the first factory in the Middle East to produce “Glargine” (the most important biological alternative to insulin) for the treatment of diabetes, in Ras Al Khaimah, at a value of 150 million dirhams, which will be available in the country Obtaining an insulin substitute at competitive prices and providing a national competitive advantage by exporting to various regional and global markets, which are witnessing an increase in demand.
According to the statement, these partnerships contribute to ensuring 15% of jobs in the two projects for citizens and creating job opportunities for them in highly skilled jobs.
The Minister of Industry and Advanced Technology, Sultan Al-Jaber, stressed that "the qualitative partnerships signed support the integration of supply chains and enhance our industries to achieve self-sufficiency and competitiveness of exports in the pharmaceutical and medical supplies sector."
"These partnerships are a national model for partnership between manufacturers and suppliers to benefit from purchase contracts under the umbrella of the partners of the National Value Added Program," he said.
He pointed to "coordinating national efforts by providing competitive financing, industrial land, primary raw materials, skilled competencies and the latest standards for production quality."
Al Jaber called on investors to take advantage of the opportunities available for investment, growth and expansion in the pharmaceutical and medical equipment sectors, in which the UAE has a competitive advantage, the availability of raw materials and qualitative potential.
For her part, Sarah Al Amiri affirmed that the UAE is following the directives of the wise leadership to stimulate innovative projects and industries in vital and priority sectors, such as medical technology and related device and equipment industries, believing in the UAE’s ability to support the growth of these important sectors that determine the country’s strategic path in the areas These production expansions also contribute to achieving self-sufficiency and competitiveness of the UAE in global markets.
Establishing a line for the production of medical equipment and supplies that received a global patent at a cost of 110 million dirhams.
Partnerships contribute to ensuring 15% of jobs in the two projects for citizens and creating job opportunities for them in highly skilled jobs.
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