DuBiotech begins construction on USD400 million biotechnology cluster
- United Arab Emirates: Thursday, July 13 - 2006 at 14:00
- PRESS RELEASE
The Dubai Biotechnology and Research Park (DuBiotech), earlier this week, broke ground on the first phase of its USD400 million (AED 1.47 billion) biotechnology industry cluster which will include its laboratory complex and headquarters.
The laboratory complex will be complete by December 2007 followed by the headquarters in September 2008.
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About Dubai Biotechnology and Research Park (DuBiotech)
Announced in February 2005, the Dubai Biotechnology and Research Park (DuBiotech) is creating a science and business park dedicated to the biotechnology industry. DuBiotech has two main initiatives. The first is the Foundation for Research and Innovation (FRI), which will be its main arm, focusing on government-funded R&D. The FRI will initially focus on medical research and genetics, plant biotechnology encompassing food and agricultural biotech, environmental biotech, equine-related biotechnology, drug discovery, stem cell research, infectious diseases, and forensic research. The second arm of DuBiotech aims to set up a biotechnology industry cluster with the appropriate infrastructure, facilities and services for incubators, R&D labs, biotech-related educational institutions, suppliers, biotech-related manufacturing companies and organisations from other sectors in the industry.
For further information, please contact:
Baiju Francis
Account Manager
JIWIN
The Public Relations Arm of Dubai Press Club
T:+9714 361 3 596
F:+9714 368 8 001
M:+97150 7971996
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Posted by Anne-Birte Stensgaard, Senior News Editor



