Over the last decade, the pharmaceutical industry has been a major focus for the UAE, with the government executing strategic and long-term plans to develop and grow the market. To manage vast territories, multinational pharmaceutical companies are embracing the country’s powerful infrastructure, economic incentives, and appeal for key stakeholders. Patients with rare medical requirements who may experience being referred to overseas treatments or solutions will benefit from rapid access to new therapies with the presence of the leading pharmaceutical company’s regional footprint.
Ipsen’s areas of expertise include neuroendocrine tumors, which are the second most common gastrointestinal neoplasm after colorectal cancer, prostate cancer, breast cancer, spasticity, and renal and hepatic cell carcinoma, among others. These life-threatening diseases are often a challenge faced by physicians and patients and appropriate treatment is critical, but the impact of transformative medicines is life-extending.
“As a French biopharmaceutical company with over 90 years of heritage and a global presence in advancing R&D programs, we have continuously focused on creating exceptional value to the local communities we serve. We are dedicated to improving patient’s lives and health outcomes, and consistently focus on introducing innovative treatments and breakthrough medicines that help enhance the quality of life,” says Vice President of Middle East, Africa, and Maghreb for Ipsen, Matthieu Savarzeix
Presently, Ipsen is developing a molecule that aims to treat the exceptionally rare disease Fibrodysplasia Ossificans Progressiva. Extremely disabling, the rare genetic disorder causes soft tissues to transform permanently into the bone, shortening a patient’s life span “FOP affects one patient out of 1 million and afflicts children and adults, there is a high mortality rate and very few treatments available in the market. At Ipsen we are committed to providing a breakthrough for this rare genetic disease and improve the lives of those who suffer from it,” he adds.
Located in the Al Jalila Foundation Building in Dubai Healthcare City, An inaugural event was held on 8th July to launch Ipsen Middle East, which was attended by His Excellency Dr. Amin Hussain Al Amiri, Assistant Undersecretary of Health Regulations Sector at the UAE Ministry of Health and Prevention (MoHAP), Her Excellency Raja Rabia, Consul General of France to Dubai and the Northern Emirates, Dr. Abdulkareem Sultan Al Olama, CEO of Al Jalila Foundation and Professor Humaid Al Shamsi, President of the Emirates Oncology Society.
“The opening of our new office in Dubai is a milestone for our company. We look forward to building value through our global innovation in oncology, rare diseases, and neuroscience, as we strive to contribute to the health and well-being of the people of the UAE, and the region, especially at a time when healthcare is a top priority,” comments Khaled Elrefae, Middle East and Africa Specialty Care Operations Head for Ipsen
In 2020, Ipsen Group reported net sales which exceeded 2.5 billion Euros, representing 3% growth in sales. The company continued to increase R&D investments reaching 15.6% of net sales and has also made significant strides in building a rare disease franchise for the next decade.
SOURCE: https://insights.omnia-health.com/market-updates/french-biopharmaceutical-giant-launches-regional-headquarters
