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"Regulatory reforms and incentives implemented by Middle Eastern countries have simplified market entry for life sciences companies"
BioSpectrum Asia
|BioSpectrum Asia Oct 2023
In May 2023, Virax Biolabs Group Limited, a UK-based diagnostics company specialising in viral disease detection and immune response diagnosis, inaugurated its regional headquarters at Dubai Science Park. This strategic move aims to facilitate the company’s expansion into the Middle East, enhance global operations through the attraction of local partnerships and talent. James Foster, CEO of Virax elaborates on the significance of this move and why the Middle East is an appealing destination for life sciences firms. Edited excerpts:
What motivated Virax to choose Dubai Science Park as its regional headquarters?
This was a fairly simple decision. Dubai Science Park is a global science community that thrives on research and innovation, aligning perfectly with our mission to provide modern, cutting-edge viral diagnostics. Dubai Science Park’s strategic location allows us to extend our operations and distribution network into the Middle East, enabling us to reach more people with our cost-effective in-vitro diagnostics, while also fostering local collaborations and attracting top talent.
Could you elaborate on the significance of this move for Virax’s expansion and growth?
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