Life sciences industry, which comprises companies and organizations in the biotech, pharma, medical technology, cosmeceuticals, nutraceuticals, and food processing sector. They are concerned with research and development and manufacturing of products to improve human lives.
Dubai remains the commercial and life sciences hub of the Gulf country, United Arab Emirates. Many foreign investors have set up their pharmaceutical and biotech companies in Dubai. There are initiatives such as the Dubai Biotechnology and Research Park (DuBiotech) also called Dubai Science Park, the first free zone in the Middle East. It is … Read more
There are still few biotech companies in Saudi Arabia, with the sector still at nascent stage. However, the government has set up many initiatives and program to transform the sector. Saudi Arabia has spent $3.9 billion in investment in R&D since 2021. There is also the Medical Biotechnology Park (MBP), sited within KAIMRC state-of-the-art R&D … Read more
Israel is a hub of innovation for medtech and pharma. There are numerous biotech companies in Israel operating in key areas such as therapeutics (precision medicine for cancer treatment, biologics, vaccines and cell therapies, and regenerative medicine), agriculture (meaty technology), among others. Top biotech companies in Israel include Teva, MediWound, OncoHost, Eleven Therapeutics, Gamida Cell, … Read more
There is still the presence of few biotech companies in Ghana, with the sector still at early stage. Yemaachi Biotechnology remains the most prominent biotech company in Ghana. This biotech company focus on cancer diagnostics and therapeutics. Yemaachi launched TACA in partnership with Roche, to generate genomic and clinical data from cancer patients in Africa … Read more
Egypt remains one of the largest manufacturers of pharmaceuticals in Africa and the Middle East. In the area of biotechnology, most biotech companies in Egypt focus on areas like human health and agriculture. The biotech sector is supported by research agencies like the Genetic Engineering and Biotechnology Research Institute (GEBRI), and universities like the Cairo … Read more
The biotechnology sector in Nigeria is still at a developing stage. There are still few established biotechnology companies in Nigeria, especially in key sectors like health, food, and agriculture. Efforts by the government to improve the sector includes the establishment of the National Biotechnology Research and Development Agency (NBRDA), an agency under the Federal Ministry … Read more
The biotech sector in Kenya is still at infancy. Most biotechnology companies in Kenya are focused on areas such as agricultural (developing drought and pest-resistant crops) and environmental biotechnology. In Kenya, the insect-resistant Bt. cotton, is the only genetically engineered crop that have been cultivated commercially. Though the biotech sector is not fully developed in … Read more
The biotech sector in South Africa is a growing one. Key biotech companies in South Africa include BioCertica, Biovac, Cape Bio Pharms, BixBio, and Afrigen Biologics The biotech market is set to reach US$ 21,654.0 million by 2030, growing at a compound annual growth rate of 13.6% from 2024 to 2030. A major success story … Read more
The focus area of the biotech companies in Cape Town include therapeutics, vaccines, and diagnostics. The key biotech companies in Cape Town include Cape Bio Pharms, Biovac Institute, Afrigen Biologics & Vaccines, Afrobodies, and De Novo Foodlabs Cape Town is a major biotech hub in South Africa, and is home to universities such as University … Read more
Canada is a major global biotech hub. There are over 1000 research biotech companies in Canada, employing a significant workforce. There has been increased investment into the sector since 2019, with a record $12 billion in 65 investment deals in 2023. Ontario and British Columbia are the two major biotech hubs in Canada. There are … Read more