HomeHealthDubais’ Duphat 2023 seals USD1.66 bn worth of deals
By Economy Middle East
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January 13, 2023 5:23 pm

Dubais’ Duphat 2023 seals USD1.66 bn worth of deals

Value of deals generated increased 20% from previous year
Duphat Dubai
Duphat 2023 (Photo Credit: Dubai Media Office Twitter handle)

The 28th edition of the Dubai International Pharmacy Technologies Conference and Exhibition, DUPHAT 2023, concluded in Dubai, generating exceptional interest from stakeholders across the pharmaceutical industry. The three-day global event saw commercial deals worth over 6.12 billion dirhams ($1.66 billion), an increase of 20% from the previous year.

Organized for the past 28 years by INDEX Conferences and Exhibitions, DUPHAT is one of the Middle East and Africa region’s biggest scientific and medical events. A total of 1,147 companies from 82 countries exhibited pharmaceutical and medical products at this year’s edition. DUPHAT 2023, which attracted more than 26,000 visitors from around the world, also showcased a wide range of pharmaceutical innovations.

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Dr. Abdul Salam Al Madani, Roving Ambassador for the Parliamentary Assembly of the Mediterranean for the GCC, and Executive Chairman of DUPHAT said: “The AED6.12 billion worth of deals generated by DUPHAT 2023 reflects Dubai’s stature as one of the world’s leading commercial centers and a major healthcare and pharmaceutical hub. The vast interest attracted by the event signifies the scientific, academic, and commercial value it offers to both the public and private sectors in the industry. We are committed to organizing events that can help attract international investment to the UAE and promote commercial engagement with markets across the world. DUPHAT has made significant contributions to the growth of the pharmaceutical sector and the development of continuous medical education in the region and beyond over the last three decades. Through lectures and educational seminars conducted by leading experts, the event has provided a platform for advancing knowledge-sharing and capacity-building in the industry. The success of the event was made possible by the strong cooperation between the public and private sectors to promote innovation and the use of new technologies in the pharmaceutical sector.”

Major global event

 

The high-quality platform provided by DUPHAT for stakeholders across the pharmaceutical industry to explore partnerships and commercial opportunities has led to many local and international companies confirming their participation in upcoming editions of the event. DUPHAT enables industry players to find new clients, suppliers, and drug manufacturers. Organizers expect participation in the next edition of DUPHAT to increase by 30%. 

A platform for knowledge sharing

 

The conference provided a forum for sharing new knowledge and expertise in various medical and pharmaceutical fields. Leading doctors and pharmaceutical experts from the US, Europe, the GCC, and other parts of the world discussed the role played by pharmacists in curbing the spread of COVID-19. Some of the other vital issues discussed at this year’s DUPHAT included the use of medication during pregnancy, clinical pharmacy practices, public health, and therapeutic drug monitoring.

Dr. Ali Al Sayed Hussain, Director of the Pharmaceutical Services Department at the Dubai Health Authority and Chairman of DUPHAT, said: “The outcomes of this year’s DUPHAT Conference and Exhibition have exceeded our expectations. The event continues to play a vital role in catalyzing the development of the medical and healthcare industries and the growth of the pharmaceutical market. The feedback received from global participants including the large markets of the US and Europe confirm DUPHAT’s emergence as a major forum for the exchange of knowledge and ideas that can shape the future of the industry”

The next edition of DUPHAT to be organized by INDEX Conferences and Exhibitions, a member of INDEX Holding, will take place in January 2024. The event is supported by the Dubai Health Authority, the American Society of Health-System Pharmacists, the International Society for Pharmacoepidemiology, the European Federation for Pharmaceutical Sciences, the European Society of Clinical Pharmacy, and the European Society of Oncology Pharmacy.

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