THE IDEAL CHOICE
Our business aims to build close ties to the consumers in order to anticipate their needs and understand their tastes. DuBiotech was the ideal choice for IFF, with incredible infrastructure that is unique in the region.
The buildings in DuBiotech provide the infrastructure we needed, as it is very important for us to have access to a clean and sterile air flow. We change the air eight times per hour for the purposing of evaluating fragrances. The air must be clean to carry out this process.
As a flavor and fragrance company, we cater to many industries in Dubai. The region is very diverse. Flavor-wise, we develop sweet flavors for products such as juices and snacks; scent-wise we cover everything from personal care to home care and fine and beauty care.
HOME SWEET HOME
Dubai has been extremely welcoming with the free zone legislation in general, and DuBiotech was the natural choice. When we arrived we were an under-resourced company with only three people, and today we are 40 people. DuBiotech actively advised us from the start, facilitated the journey of creating the legal entity and helped us where we lacked experience.
The Middle East in general is a very attractive place today. Maquet’s global revenue generally is driven out of Latin America, Singapore, the Middle East, India, and China. Just to put things in perspective, in four years we have grown our revenue from $7 million to close to $90 million.
Our initial roots were in medical furniture. Then we evolved into therapy over the course of 180 years. We are trying to transform our business into a therapeutic company that is focused on better patient outcomes, and we took this direction with the acquisition of Siemens Life Support Division in 2003.
MARWAN ABDULAZIZ JANAHI
The creation of DuBiotech was announced in 2005 by UAE Vice-President and Prime Minister, and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum. The vision was for Dubai to be a hub for the life sciences industry and to encourage research in this area.
To date we have delivered two projects, the first being the laboratory building and the second the warehousing complex. The goal that we are working toward now is to attract multinationals and companies that have products ready to access the market immediately.
Many companies have really innovative technologies that they want to bring to the market, and to build a presence they need support from the Ministry of Health and other authorities. We bridge the gap between the government and the wider industry to advise the government and support its understanding of new technologies.
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