{"id":5898,"date":"2021-12-06T09:19:35","date_gmt":"2021-12-06T09:19:35","guid":{"rendered":"https:\/\/rakmed.ga\/?p=5898"},"modified":"2021-12-06T09:20:46","modified_gmt":"2021-12-06T09:20:46","slug":"julphar-signs-an-exclusive-license-and-production-agreement-with-quantum-genomics","status":"publish","type":"post","link":"https:\/\/www.rakmediaoffice.ae\/en\/media-center\/press-releases\/julphar-signs-an-exclusive-license-and-production-agreement-with-quantum-genomics\/","title":{"rendered":"Julphar signs an exclusive license and production agreement with Quantum Genomics"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<ul>\n<li><em>Julphar adds first-in-class hypertension medication to its cardiovascular portfolio.<\/em><\/li>\n<li><em>Julphar will receive an exclusive license to market firibastat in the Middle East, all African countries, CIS and Turkey.<\/em><\/li>\n<li><em>Julphar will be the exclusive firibastat producer for those regions.<\/em><\/li>\n<\/ul>\n<p>Gulf Pharmaceutical Industries PSC (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, today announced the signing of an exclusive license and production agreement with Quantum Genomics, a leading biopharmaceutical company specializing in the development of first-in-class cardiovascular drugs, to market and produce firibastat in the Middle East, all African countries, CIS and Turkey.<\/p>\n<p>The new partnership comes in line with Julphar vision to form robust strategic alliances on the global level, that will help enhance patients\u2019 access to innovative healthcare solutions. The launch of firibastat will address the unmet medical need of up to 25% of all hypertension patients who currently show resistance or are difficult to treat with available therapy alternatives.<\/p>\n<p>With its state-of-the-art manufacturing facilities in the emirate of Ras Al Khaimah, Julphar will be Quantum Genomics\u2019 exclusive production partner and will receive exclusive rights to market firibastat in the following geographic areas: the MENA (Middle East North Africa) region, CIS (Commonwealth of Independent States), Turkey and all other countries on the African continent.<\/p>\n<p>In addition, Julphar will become the preferred manufacturing partner of firibastat for Quantum Genomics in other parts of the world. This new landmark reflects Julphar\u2019s commitment to establishing innovative biopharmaceutical solutions to enhance the UAE\u2019s competitiveness in this strategic sector.<\/p>\n<p><strong>Dr. Essam Mohammed, Julphar\u2019s CEO, said:<\/strong>\u00a0\u201cJulphar is delighted to partner with Quantum Genomics to commercialize firibastat, the first in class molecule to treat resistant and difficult-to-treat hypertension, and to produce it in our state-of-the-art manufacturing facilities in Ras Al Khaimah. We are confident that firibastat will add a strong value to the treatment of this unmet medical need and to Julphar\u2019s portfolio.\u201d<\/p>\n<p>\u201cThe new landmark agreement brings together a stronger focus on innovative ways to address critical diseases in the MENA region through manufacturing high-quality medications locally.\u201d he added.\u201d<\/p>\n<p><strong>Jean-Philippe Milon, CEO of Quantum Genomics said:<\/strong>\u00a0&#8220;Julphar, which was founded forty years ago, is one of the largest pharmaceutical companies in the MENA region. Its success has been built on its comprehensive portfolio including anti-infectives, dermatology, and diabetes products, and its presence in all key MENA markets. Its business is expanding fast and cardiology is one of the key areas of investment. Julphar is also amongst the region\u2019s largest producers and is the ideal partner to support firibastat\u2019s future production needs. We\u2019re already exploring how Julphar could meet some of those requirements for the United States and Europe.\u201d<\/p>\n<p>As a leading Emirati brand, Julphar is ideally equipped to expand its market position and continue in its mission to provide access to high-quality and affordable healthcare solutions for all people in the MENA region and across the world. Julphar is focusing on value-adding medicines that provide real impact to the communities it operates in, as well to boost shareholder value by delving into new business lines and capturing greater market share in several core markets of the group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Julphar will receive an exclusive license to market firibastat in the Middle East, all African countries, CIS and Turkey.<\/p>\n","protected":false},"author":1,"featured_media":5899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2,3],"tags":[],"press_release_topic":[60],"latest_news_topic":[],"class_list":["post-5898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-center","category-press-releases","press_release_topic-business-and-economy"],"acf":{"related_to_hh":"no","pdf_file":false,"hi-res_image":{"ID":5899,"id":5899,"title":"Julphar Quantum Genomics","filename":"1.png","filesize":5077012,"url":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1.png","link":"https:\/\/www.rakmediaoffice.ae\/en\/media-center\/press-releases\/julphar-signs-an-exclusive-license-and-production-agreement-with-quantum-genomics\/attachment\/1-3\/","alt":"Julphar Quantum Genomics","author":"1","description":"","caption":"","name":"1-3","status":"inherit","uploaded_to":5898,"date":"2021-12-06 09:18:16","modified":"2021-12-06 09:18:51","menu_order":0,"mime_type":"image\/png","type":"image","subtype":"png","icon":"https:\/\/www.rakmediaoffice.ae\/wp-includes\/images\/media\/default.png","width":3000,"height":2006,"sizes":{"thumbnail":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-150x150.png","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-300x201.png","medium-width":300,"medium-height":201,"medium_large":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-768x514.png","medium_large-width":640,"medium_large-height":428,"large":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1024x685.png","large-width":640,"large-height":428,"1536x1536":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1536x1027.png","1536x1536-width":1536,"1536x1536-height":1027,"2048x2048":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-2048x1369.png","2048x2048-width":2048,"2048x2048-height":1369,"slider_image":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1110x500.png","slider_image-width":1110,"slider_image-height":500,"single-post-thumbnail":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1110x406.png","single-post-thumbnail-width":1110,"single-post-thumbnail-height":406,"featured-image":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1140x417.png","featured-image-width":1140,"featured-image-height":417,"slider":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-1110x500.png","slider-width":1110,"slider-height":500,"carousel-img":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-357x395.png","carousel-img-width":357,"carousel-img-height":395,"event-thumb":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-208x185.png","event-thumb-width":208,"event-thumb-height":185,"gallery-thumb":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-540x400.png","gallery-thumb-width":540,"gallery-thumb-height":400,"gallery-thumbnail":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-150x110.png","gallery-thumbnail-width":150,"gallery-thumbnail-height":110,"gallery-img":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-540x331.png","gallery-img-width":540,"gallery-img-height":331,"sidebar-thumb":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-96x67.png","sidebar-thumb-width":96,"sidebar-thumb-height":67,"category-thumb":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-500x333.png","category-thumb-width":500,"category-thumb-height":333,"medium-large":"https:\/\/www.rakmediaoffice.ae\/wp-content\/uploads\/2021\/12\/1-540x400.png","medium-large-width":540,"medium-large-height":400}},"header_desc":"","header_image":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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