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Gabri Labs to construct Rs 37 crore medical devices facility in Dubai
![Gabri Labs to construct Rs 37 crore medical devices facility in Dubai Gabri Labs to construct Rs 37 crore medical devices facility in Dubai](https://medicaldialogues.in/h-upload/2022/04/16/750x450_174453-meidcal-devices-facility.webp)
Gabri Lab's new facility will enable the pharmaceutical brand to produce an initial volume of 12 million units per year with further expansions planned by 2023.
Dubai: Gabri Labs, a pharmaceutical technologies company, has announced the development of a 10,000 sq. ft. facility to locally produce medical devices.
The global firm has signed on with Dubai Science Park, the science-focused community, to construct a medical devices facility at an AED18million investment, reinforcing Dubai's attractiveness as a global hub for healthcare and pharmaceutical manufacturing.
Gabri Lab's new facility will enable the pharmaceutical brand to produce an initial volume of 12 million units per year with further expansions planned by 2023. The medical devices will be distributed to markets across the Middle East and North Africa (MENA) region.
Gabri Labs is a privately held pharmaceutical company headquartered in Dover, Delaware with production facilities across Europe and the Middle East. The new facility in Dubai will support the production of multiple lines and a diverse product portfolio, which includes ENT brand, OTOMAR, and dermatological solutions line, Curadem.
Marwan Abdulaziz Janahi, Managing Director of Dubai Science Park, said, "Our leadership's focused efforts to advance the manufacturing sector and boost innovation under Operation 300bn are directly enhancing Dubai's healthcare landscape. Dubai Science Park strives to facilitate the expansion of international firms like Gabri Labs by continually providing them access to robust infrastructure, communication with key regulatory bodies and a collaborative ecosystem that eases business set-up and growth."
Elio Gebrayel, Managing Director of Gabri Labs, said, "We are thrilled to enter a new chapter of our story in Dubai and the wider MENA region with the construction of our brand-new facility in the emirate. Dubai Science Park's dynamic business environment and robust infrastructure have been essential in facilitating our seamless setup, allowing us to easily access MENA's diverse markets while participating in a vibrant community of researchers, scientists, pharmacists and more. Our new facility will allow us to cater to more patients across the region and continue innovating and leading the therapeutic ENT and dermatology sectors."
Read also: Hyderabad: KT Rama Rao inaugurates Sahajanand Medical Technologies stent manufacturing facility
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751