Top 10 Pharma Companies in UAE in 2024
If you’re looking to buy drugs and medical supplies in the United Arab Emirates, it’s important to know which companies are the top suppliers. In this blog post,
We’ll be looking at the 10 top pharmaceutical companies in UAE in 2024:
Neopharma founded in 2001 is one of the leading Pharmaceutical Companies in the UAE, headquartered in Abu Dhabi. With over a thousand employees and expected annual revenue of about 3 billion dollars by 2022, Neopharma is one of the few companies that provide a full range of healthcare products such as prescription and OTC medicines, active pharmaceutical ingredients, biomedical devices, diagnostics products, and veterinary health support solutions to its customers.
Their wide array of products coupled with their commitment and consistency in providing quality services has enabled them to become a mainstay among Pharmaceutical Companies in the UAE.
2. Shalina Healthcare
Shalina Healthcare is a Pharmaceutical Company in the UAE that was founded in 2004, with its headquarters in Dubai. As of 2022, the company has an annual revenue estimated to exceed $2B and employs over 2000 talented professionals across all its operations worldwide. The company’s product portfolio covers Prescription Pharmaceuticals and Generic Pharmaceuticals as well as OTC Products and Ethical Pharmaceuticals.
With a focus on providing better access to healthcare throughout the Middle East and Africa, Shalina Healthcare is always looking for ways to push the envelope while creating more cost-effective yet quality medicines. Its commitment to making healthcare affordable, accessible, and available is truly admirable.
Julphar is one of the leading Pharmaceutical companies in the UAE, founded in 1980 and headquartered in the emirate of Ras Al Khaimah. Its products span various therapeutic areas, manufactured for both human and veterinary use. Aside from the UAE, Julphar has operations in other parts of the world with its products present in more than 90 countries across six continents.
It has around 4,000 employees and a 2022 revenue goal of US $1 billion. Part of its objectives is to continue to invest in research & development and establish itself as a regional hub for the production & distribution of Pharmaceuticals. This will create new jobs and add value to the Pharmaceuticals sector as well as benefit patients through improved access to reliable medications
Pharmax Founded in 2010 by Pharmaceutical companies in the UAE, Pharmax has experienced rapid growth since its inception. Led by CEO, Ahmed Abdulla, the company has gained an impressive reputation for delivering top-quality pharmaceuticals at a competitive cost and has seen yearly revenue increasing exponentially over the past decade; projections for 2022 show revenues of AED 5 billion.
With headquarters in Dubai – where it also hosts its main manufacturing facility – Pharmax successfully distributes these products across the UAE and neighboring countries and employs over 2500 employees. Additional departments include Human Resources, Logistics, Quality Control, and Communication & Media to ensure the smooth running of operations – resulting in Pharmax being one of the leading Pharmaceutical Companies in the UEA.
Glare is one of the Pharmaceutical Companies in the UAE dedicated to finding solutions to health and wellness. Founded in 2020, it is headquartered in Abu Dhabi and is on track to generate revenue of $500 million by 2022. The company features a wide variety of niche products that vary from medical supplies to oral health solutions and over-the-counter medications. Currently has over 1,000 employees, Glucare acts as an important force within the Pharmaceutical industry in the United Arab Emirates, delivering solutions that enhance day-to-day life for all those who use them.
Also Read: Top 10 Logistics Companies in Dubai 2024
Globalpharma is a Pharmaceutical Company based in the UAE that was founded by Dr. M A Hassan. Operating out of its headquarters in Dubai, Globalpharma projects to generate approximately $150 million in revenue by 2022 selling its wide range of products. Currently, it boasts over 650 employees and forms part of one of the largest Pharmaceutical Companies in the UAE. Committed to meeting the ever-changing needs of public healthcare through innovation in product design and delivery systems, it stands as one of the modern industry’s stalwart pioneers.
7. Lifepharma FZE
Lifepharma FZE is a leading Pharmaceutical Company headquartered in UAE and founded in 2016 by Mr. Sameer Bhargava. In 2022, LifepharmaFZE is projected to reach 120M USD in revenue. It has four different state-of-the-art production facilities located in Dubai, Ajman, and Abu Dhabi, providing quality products for consumption and supplying over 500 innovative medicines across 4 continents including Asia, Europe, Australia, Oceania, and Africa.
With more than 300 dedicated employees from various cultural backgrounds striving to create value for their patients worldwide, Lifepharma FZE is a rapidly growing Pharmaceutical Company with the vision of becoming one of the leading Pharmaceutical Companies in the UAE.
Founded in 2019 by Shadi Sami, Medpharma is one of the most prominent Pharmaceutical Companies in the UAE. It is headquartered in Dubai and has provided expert services to countless customers since its inception. With a forecasted revenue of $107 million by 2022, it will likely be the leading Pharmaceutical Company in the region. Its product portfolio includes medication for chronic illnesses and common seasonal ailments such as Infections, Allergies, Pains & Aches, and Skin Conditions.
The company employs more than 200 well-educated people across its different departments including Administrative Management, Distribution & Logistics, Pharmaceutical Manufacturing, and Retail. Their mission is to provide superior quality drugs at economically feasible prices with dedicated customer service.
9. NewBridge Pharmaceuticals FZ LLC
Founded in 2019 by CEO Mohammed Mosharpe, NewBridge Pharmaceuticals FZ LLC is a pharmaceutical company based in the United Arab Emirates that produces drugs for the treatment of major diseases. With its headquarter in Dubai, NewBridge Pharmaceuticals strives to be one of the leading Pharmaceutical Companies in the UAE and is set to generate revenue of $100 million by 2022.
The company employs over 300 personnel and has already developed numerous drugs aimed at treating diabetes, heart disease, cancer, and other illnesses. By utilizing advanced technology and innovative research methods, NewBridge Pharmaceuticals intends to continue manufacturing life-changing drugs for patients around the world.
10. Al Hayat
Al Hayat Pharmaceuticals is one of the leading pharmaceutical companies in the UAE, founded in 1995 by Dr. Akhtar Hussain, an eminent Indian entrepreneur. Headquartered in Dubai with a total revenue of over 50 million USD projected for 2022 and over 120 talented employees, Al Hayat Pharmaceuticals take pride in creating quality-driven life-saving products that cater to people’s medicinal needs across the UAE and beyond.
Their extensive product portfolio features readily available healthcare supplies – ranging from Pharmaceutical Formulations, Medical Disposables, Raw Materials & Pharma Packaging items to Nutraceuticals & Ayurvedic Herbal Products – which are all produced as per international standards. It’s no surprise then that this growing company has found success within the Pharmaceutical Industry and is sure to be at its peak soon or later.
The United Arab Emirates boasts many reputable pharmaceutical companies that provide quality drugs and medical supplies for consumers’ needs throughout each region’s respective emirate(s). Be sure you do your due diligence when researching these companies before making any purchases so you can be sure you get what you need at a fair price!