DuBiotech, a member of Dubai’s Tecom Investments and a life sciences company, plans to launch a number of sector initiatives aimed at attracting international companies to the Mena region, said a top official.

"No other place in the world can match the incentives, infrastructure, and facilities that the UAE can offer biotech companies today," said Marwan Abdulaziz Janahi, executive director at DuBiotech.

Janahi was speaking at a key panel discussion at BIO 2015, the Biotechnology Industry Organization's premier global event for the biotechnology sector.

"DuBiotech has proved a landmark investment in making the UAE an international centre for biotech innovation. With over 25 per cent new business partner growth in 2014, more companies are realising the benefits of doing business in the UAE and using our facilities to access the Mena region and beyond,” he added.

The BIO International Convention is the largest gathering of the global biotechnology industry, hosted by the Biotechnology Industry Organization (BIO). – TradeArabia News Service