DUBAI: Dubai Biotechnology and Research Park (DuBiotech), a member of Tecom Investments, has continued to strengthen its position as the Middle East’s premiere free zone business park dedicated to the development of the life sciences industry. In 2012, DuBiotech delivered exceptional growth, as 40 commercial licences were issued compared to 21 in 2011, a year-on-year increase of 50 per cent, taking the total number of companies based in the free zone to 126.
Marwan Abdulaziz Executive Director of DuBiotech and Tecom’s Sciences Cluster, said, “2012 was an exceptional year of growth for DuBiotech. We have made significant progress in all areas of the business and the numbers speak for themselves. However, it was also undoubtedly a year of major collaboration, through the signing of MoUs with key industry partners and conferences organised with our peers in the sector, as well as our close relationship with new business partners to help them get established in the UAE.”