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Most Popular Pharmaceutical Companies Near Me in Dubai
First Plot 29 - Dubai Investments Park - Dubai - United Arab Emirates
+971585501908
Dubai
- Al Qusais Industrial AreaAl - Al Qusais Industrial Area 2 - Dubai - United Arab Emirates
- Al Qusais
- 7G63+J8R - Maleha Road.asas building - Sharjah - United Arab Emirates
- +97165442008
- Sharjah
- Behind Emarat Petrol Station - Maleha St - Warehouses Lands - Sharjah - United Arab Emirates
- +97165322453
- Sharjah
- Industrial Area - Industrial Area 15 - Sharjah - United Arab Emirates
- +97165435335
- Sharjah
- Al Qasimia - Al Bu Daniq - Sharjah - United Arab Emirates
- +971543905457
- Sharjah
- Dubai - United Arab Emirates
- +97142997171
- Dubai
- Office no 705B , Marriam Tower - Al Nahda - Dubai - United Arab Emirates
- +97142204814
- Dubai
- Warehouse # 97,Bagdad Street,Al Qusais Industrial Area - Dubai - United Arab Emirates
- +97142583008
- Al Qusais
- Al Zahia - Sharjah - United Arab Emirates
- + 971501953197
- Sharjah
- Platinum Business Centre - 7 Baghdad Street - Al Nahda - Al Nahda 2 - Dubai - United Arab Emirates
- +97142809500
- Dubai
- Maleha St - Industrial Area - Warehouses Lands - Sharjah - United Arab Emirates
- +97165955051
- Sharjah
- The Gate Tower - Sharjah - United Arab Emirates
- +97172077534
- Sharjah
- Maleha St - behind Theyyampattil Furniture - Warehouses Lands - Sharjah - United Arab Emirates
- +97165464846
- Sharjah
- Nitin Chandra Bulding - S9 - Sharjah - United Arab Emirates
- +971564007832
- Sharjah
- Buhairah Corniche, Bell Rashid Towers - Corniche St - Al Majaz - Al Majaz 1 - Sharjah - United Arab Emirates
- +97165277966
- Al Majaz
- Bus Station - Oud Metha - Dubai - United Arab Emirates
- +971505469763
- Oud Metha
- Arcadia Tower, Jumeirah Village Circle - Dubai - United Arab Emirates
- +971564098302
- Dubai
- Store code 4081 Lower Ground Floor - Financial Center Rd - near the Waterfall - Downtown Dubai - Dubai - United Arab Emirates
- +971507031976
- Downtown Dubai
- Al Manal Centre - Sabkha St, Nr - Dubai - United Arab Emirates
- +97143902445
- Deira
- 68V6+JPM - GMG Building, Next to UK Visa Application Centre، Oud Metha,Bur Dubai - Dubai - United Arab Emirates
- +97143504500
- Oud Metha
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Pharmaceutical Companies in Dubai
The biomedical and pharmaceutical companies in Dubai play an integral role in the UAE's improvement in healthcare facilities, improving quality of life across the country. The pharmaceutical industry of Dubai is expected to grow from 9.5 Billion AED to 24.9 Billion AED by 2025. Here, you will discover various aspects of pharmaceutical companies and the laws protecting this industry.
What are the Important Factors to Consider Before Choosing a Pharmaceutical Company?
Choosing a pharmaceutical company can be challenging as it involves several crucial factors. While choosing a pharma company, one should consider:
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Market conditions to do proper profit and loss analysis
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Research about market growth to understand the current market scenario
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Proper availability of raw materials and ideal pharma location for easy and constant supply to recover costs
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Supply of labour for converting the raw materials into supply and selling it in the market or export
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Profit assessment to evaluate if the business is profitable or not
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Target market analysis to understand your potential customers and losses
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Integration with other firms or companies if you need to work or promote your services through collaboration
What are the Primary Laws and Regulations that Govern Pharmaceutical Companies in Dubai, the United Arab Emirates?
The primary laws and regulations that govern pharmaceutical companies in the UAE are:
1. Federal Law No. 4 of 1983:
This law applies to pharmaceutical establishments and pharmacists. Besides, it also governs the manufacture, import and distribution of pharmaceutical goods.
2. Federal Law No. 5 of 1984:
This law governs the registration and licensing of pharmacists, physicians and other related professionals within the pharmaceutical industry of the country.
3. Federal Law No. 14 of 1995:
This law regards countermeasures against narcotic drugs and psychotropic substances.
4. Federal Law No. 1 of 1979:
It applies that pharmaceutical companies located in the mainland must appoint a local Emirati agent and their shares in the company's capital should not be below a certain amount/percentage.
5. Federal Law No. 7 of 1975 and Number 2 of 1996:
This law concerns requirements for establishing and licensing private and public clinics, medical laboratories, and hospitals in the country.
6. Federal Law No. 2 of 2015:
This regards Commercial Companies, providing further requirements applicable to companies over matters such as trade name, licensing and the Memorandum of Association (Articles 12 to 15).
To conclude, pharmaceutical companies in Dubai are pivotal in providing accessible healthcare solutions. Their role extends beyond medications, influencing innovations, research and the nation's overall well-being. Additionally, they ensure the availability of quality medicines and play a vital part in Dubai's journey towards becoming a global healthcare hub.
The key characteristics of good pharmaceutical companies are business leadership, strategic coherence, a proven ability to execute and a proper size and financial condition. Alongside, there should be lower production costs, labour costs and clinical trial expenses.
Porter's Five Forces refers to five competitive forces that shape an industry and determine its strengths and weaknesses. For pharma industries, these forces are the threat of new entrants, the power of buyers, the power of suppliers, the availability of substitutes and competitiveness in this industry.
Dubai Health Authority (DHA) is responsible for regulating, monitoring and licensing health facilities and healthcare professionals in the Emirate of Dubai. However, every pharmaceutical product must be registered by the MOH (Ministry of Health and Prevention-UAE) before importing them into the UAE for sale and distribution.