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Index Holding to open regional headquarters at DuBiotech
- United Arab Emirates: Monday, February 11 - 2008 at 15:25
- PRESS RELEASE
Index Holding, leading organisers of medical, scientific, trade and educational conferences and exhibitions, today announced the launch of its regional headquarters at the Dubai Biotechnology and Research Park (DuBiotech), a member of TECOM Investments.
Index has additionally acquired another plot within DuBiotech with a 31,000 sq ft built up area that will be used by BigDot and Index Design, as well as other members of Index Holding offices.
Formed in 1991, Index Holding through Index Conferences and Exhibitions Organisation Est. and Health Management annually organizes more than 24 local and international events including congresses, conferences, seminars, workshops and exhibitions in the medical, scientific, and educational sectors.
Dr Abdulqader Al Khayat, Executive Director of DuBiotech said: "We are privileged to host Index Holding, an established industry leader. Its presence validates the diversity of our entities within the park. We are confident the business friendly environment at the life sciences park will catalyse Index Holding's future growth."
This year, Index Holding will organise new events such as the Dubai International Character and Licensing Fair, the Dubai World Game Expo, the Dubai Drink Technology Expo, in addition to the Asian International Investment and Property Show (AIPS), and the Asian Oil and Gas Show (AOGS) in Seoul, Korea.
Abdul Salam Al Madani, President, Index Holding, said: "Index Holding aims to forge partnerships with global leaders and serve clients with a high standard of professionalism. We are privileged to be a part of DuBiotech and look forward to offering our services and lending our expertise to other business partners in the life sciences park."
DuBiotech recently announced the launch of 354,714 sq ft Nucleotide Complex, the region's first dedicated state-of-the-art laboratory facility. To be operational in September, the building will house Gulf Anti-doping and Monitoring Enterprise (GAME), a subsidiary of DuBiotech, dedicated to conducting anti-doping measures for all professional and amateur athletes in the UAE.
Offering the complete value chain to help companies set up operations, the Dubai Biotechnology and Research Park currently hosts 28 licensed firms. The free zone is working closely with the UAE Ministry of Health, the Dubai Health Authority, and other relevant regulatory bodies to further grow the life sciences industry in the country.
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About DuBiotechAnnounced in February 2005, the Dubai Biotechnology and Research Park (DuBiotech) is a science and business park dedicated to the biotechnology industry, set within a 'free zone'. DuBiotech has two arms. The first is the Foundation for Research and Innovation (FRI) that will initially focus on government-funded R&D in medicine and genetics, plant biotechnology encompassing food and agricultural biotech, environmental biotech and equine-related biotechnology. Other areas include drug discovery, stem cell research, infectious diseases and forensic research. The second arm of DuBiotech aims to set up a biotechnology industry cluster with cutting-edge infrastructure, facilities and services for incubators, R&D labs, biotech-related educational institutions, suppliers, biotech-related manufacturing companies and organizations from other sectors in the industry. DuBiotech is advised by an independent steering committee on scientific, business and ethical matters. In cooperation with global research leader, RTI International, DuBiotech is developing comprehensive regulations that address all aspects of biotech activity. Being in a 'free zone' means biotechnology firms in the park have 100 % exemption from any form of taxation for 50 years, 100 % business ownership and 100 % repatriation of capital.
For further information, please call:
Zeba Ahmad
JiWiN
The Exclusive Middle East Affiliate of Burson-Marsteller
Tel: +9714 361 3590 (direct)
+9714 361 3333 (switchboard)
Fax: +9714 388 8001
or
Cynthia Luna-Harb
JiWiN
The Exclusive Middle East Affiliate of Burson-Marsteller
Tel: +9714 375 5878 (direct)
+9714 361 3333 (switchboard)
Fax: +9714 388 8001
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