Bonheur FZ to set up laboratory facility for homeopathic medication at DuBiotech
Dubai Biotechnology and Research Park (DuBiotech), the life sciences hub in the Middle East and a member of TECOM Investments, announced Bonheur FZ LLC, Brazil-based producers of concentrated homeopathic medication, have registered for a laboratory facility at the park.
The state-of-the-art lab, producing concentrated homeopathic medication for human and animal consumption in the domestic market, will be the first Latin American company to operate at DuBiotech. The announcement was made on the sidelines of the Abu Dhabi Medical Congress 2011 that took place from 23-25 October at the Abu Dhabi National Exhibition Center (ADNEC). The annual event brings together leading international healthcare companies to showcase their latest products and services. Marwan Abdul Aziz, Director of Business Development at DuBiotech, said: "We are pleased to welcome Bonheur as our new business partner at DuBiotech. The first Brazilian company in the free zone takes us closer to our goal of becoming a holistic life science hub in the Middle East.""Abu Dhabi Medical Congress 2011 is one of the best networking platforms for pharmaceutical and biotechnology companies. Our participation at the Congress helps us keep pace with the latest developments in the industry and offer opportunities for knowledge and expertise exchange."Homeopathy medications and clinics are gaining high acceptance in the UAE. According to a study conducted by Dubai Healthcare City (DHCC) in 2006, 50% of the residents have tried complementary and alternative treatment, signifying an emerging need within the UAE to develop integrative medicine.Over 4,000 general sales products, 250 homeopathic medicines and 300 herbal medicines are currently registered with the UAE Ministry of Health, additionally demonstrating the expanding demand for integrated medicine in the region.Launched in 2005, DuBiotech offers a facilitating environment for major players in the life sciences industry and research through adopting a sustainable strategy and leveraging the benefits of its location in Dubai.In 2010, DuBiotech opened the high-tech Nucleotide laboratory complex and the warehousing facilities, creating unique opportunities for life sciences companies, research organizations and testing laboratories.DuBiotech is a community of over 70 biotechnology, pharmaceutical, laboratory equipment companies and testing laboratories. The free zone hosts global leaders including Pfizer, Amgen, Merck Serono and Genzyme, in addition to small and medium businesses.
Source: ameinfo.com
Date: 25 October 2011