DuBiotech
would be the World’s first Free Zone dedicated to the biotechnology industry
and is a
part of Dubai Technology and Media Free Zone. DuBiotech will create a
comprehensive
infrastructure and environment to develop biotechnology in the region.
The park
will be built in several phases on a 300 hectare area located close to the
Dubailand
project. This zone aims at serving knowledge that benefits both the society
and the
economy and would be an ideal platform for the regional and international
scientific
community to interact closely.
Construction
of DuBiotech’s main infrastructure is underway and the first phase was
completed
in 2007. The DuBiotech Laboratory Complex will be completed by the end of
2008 and
DuBiotech’s Headquarters will be completed by mid 2009.
Discoveries
and inventions can be patented through the Industrial Property Directorate
(the UAE
equivalent of the Patent Office), at the Ministry of Finance and Industry.
The
applications are then examined and following approval, a UAE patent is granted.
Innovators
also have the option of applying through the GCC patent office in Saudi
Arabia,
which provides GCC-wide protection. Additionally, the UAE is party to the
Patent
Cooperation
Treaty (PCT). This allows for a centralised application system where any
PCT member
state can designate any other PCT member state for patent filing. This is an
easy and
cost effective way of protecting a patent internationally. Intellectual
Property (IP) rights are recognised in the UAE and therefore strict enforcement
will exist for DuBiotech based companies. DuBiotech supports companies
registering Intellectual Property rights and expedites processing and
registering these Small and medium enterprises and large biotechnology and
pharmaceutical companies, R&D laboratories, biotechnology related
educational and academic institutions, suppliers, manufacturing, incubators and
other associated sectors are encouraged to establish operations at DuBiotech.
The UAE
Ministry of Health oversees the approval of medical drugs and products for
use within
the UAE. DuBiotech, through its MOU, regulations and close collaboration
with the
UAE Ministry of Health, assists DuBiotech based companies to successfully
launch
drugs in national and regional markets. Any drugs that are exported to the US
or
Europe have
to be approved by the FDA and EMEA respectively. DuBiotech understands
that
clinical trial regulations are needed in the region and these are currently
under
development.
Stem cell research will be conducted in a regulated environment
conforming
to international standards.
DuBiotech
will be an incubator for researchers and scientists and a centre for
production,
creativity
and development. In order to achieve that, the authorities will ensure a
suitable
environment
and the basic infrastructure that will attract the best scientists, research
centers and
biotechnology laboratories. BioTiqania Advanced Training Institute was
founded as
a spin-off initiative of Dubai Biotechnology and Research Park (DuBiotech).
BioTiqania
is committed to providing a high standard of innovative technical training in
various
scientific and industrial fields.
The park
will comprise two main initiatives - an industry cluster and the Foundation
for
Research and Innovation (FRI). As part of developing a cluster, DuBiotech seeks
to attract
a synergistic mix of biotechnology and pharmaceutical companies active in
discovery, R&D, testing, production, storage, sales and distribution. It
will also attract
companies
offering business support services for this industry such as legal and
venture
capital (VC) firms specializing in the biotech industry, educational and
training
institutions
focused on biotech, and equipment, materials and consumables suppliers.
The main
license categories are Therapeutics, Diagnostics and Analysis, Agricultural,
Forestry
and Horticulture, Environment, Specialty supplies, Equipment, Life Science
consultancy
and Life Science and Biomedical Associations, etc.
Features
•
State-of-the-art infrastructure
• Special
areas have been set aside for companies who wish to construct their own
buildings.
• Dedicated
production, warehousing and distribution areas will be created.
•
Laboratory space.
• Common
facilities include a library, video-conferencing, auditorium, theatre, meeting
rooms, etc
• 24/7
electrical power back up
• Waste
management and effluent treatment including the disposal of chemical,
biological and hazardous materials
• As a
branch of a foreign company - no minimum Form of registration
capital
required.
• As a
branch of a UAE company - no minimum capital required.
• As a Free
Zone Limited Liability Company (FZ LLC) - minimum share capital varies
Depending
on the authorities after review of the business plan.
Facility
costs and type of license
|
Facility
|
Size
|
Cost in
AED per annum
|
|
Land
(lease-hold only)
|
Min
38,000 sq.ft onwards
|
Varies
|
|
Executive
Office
|
Varies
|
450/
sq.ft
|
|
Pre-Built
Units
|
Varies
|
Varies
|
|
Laboratory
Space
|
Varies
|
Varies
|
· Registration
Fee one time (FZ-LLC) AED 3,500
· Registration
Fee one time (Branch) AED 3,500
Type of
License
Cost
in AED per annum
Production
25,000
Manufacturing 25,000
Others
15,000
These
figures are indicative and subject to change.
For more
details
Senior Business Consultant
ADAM
CONSULTING
Dubai o Abu
Dhabi o Bahamas o Budapest o
Headquarters:
Office 2A, Ground Floor, Building No.6
Gold & Diamond Park
PO Box 183827, Dubai, UAE
Office 2A, Ground Floor, Building No.6
Gold & Diamond Park
PO Box 183827, Dubai, UAE
Phone:
+971 4 341 9701 Ext: 150
Fax: +971 4 341 9702
Mobile : +971 050 7141 665
Fax: +971 4 341 9702
Mobile : +971 050 7141 665
Contact for any assistance regarding the same: Faisal Ibrahim Mobile: 971 55 2419200 ADAM SME consultant 2A, Ground Floor, Building No.6, Gold & Diamond Park P.O. Box:- 183827, Dubai, U.A.E. Fax: 971 4 341 9702 Mobile: 971 55 2419200 Email : faisal@adamadvisors.com Web: www.adamadvisors.com ISO 9001:2008 NO: ME/08/1147 ADAM Consulting as ADAM advisors
539 comments:
«Oldest ‹Older 601 – 539 of 539Post a Comment