New Delhi, November 25, 2020: Being the heart of the Gulf countries in the Middle East, UAE has emerged as a hub for several sectors. Healthcare and pharmaceuticals are to name a few. While the country makes up for about 2% of the global pharma industry, the sector is growing in the UAE at an enormous rate of about 10% a year, the result of some incredibly fast-growing companies. Here’s a look at top 5 pharma firms in the UAE.
ISHVAN Pharmaceuticals
A relatively new name in the pharma arena, ISHVAN Pharmaceuticals has been registering an unprecedented growth under the aegis of its Managing Director, British-Indian businessman Sanjeev Nanda. The company deals in medical supplies such as medical equipment and essentials. ISHVAN is also involved in the development of vaccines for rotavirus and varicella. The company has its presence in several countries in Europe and Asia, and plans to expand its horizons by reaching new milestones.
Julphar Pharmaceuticals
Julphar Pharmaceutical was established by the late ruler of Ras Al Khaimah, His Highness Sheikh Saqr Bin Mohammed Al Qasimi in 1980. Since then, the company has achieved exponential growth. With research, innovation and responsiveness to customer needs as its core values, Julphar Pharmaceuticals focuses on general medicines and diabetes care.
Al Hayat Pharmaceuticals
Established in 1982, Al Hayat Pharmaceuticals is one of the most prominent and oldest pharma companies in the UAE. The company has consolidated its position as the premier pharma manufacturer in the Gulf region by expanding its operations to multiple locations. The team at Al Hayat works dedicated to take the company to new heights.
Neopharma
Ever since its establishment in 2003, Neopharma has registered a steady growth in the pharma sector. The company has as many as 10 manufacturing facilities that are spread across three continents. Driven by continuous research and development, Neopharma has stayed true to its initial modus operandi – that of providing world class pharma products at affordable prices. The company specializes in manufacturing medicines for various medical verticals, including cardiology, neurology, gynaecology and gastroenterology.
Corporate Comm India (CCI Newswire)
