Latest news with #Bio
Al Etihad
19-05-2025
- Business
- Al Etihad
Mubadala Bio launched to transform life sciences in UAE and beyond
19 May 2025 11:32 ABU DHABI (WAM)Mubadala Investment Company, an Abu Dhabi sovereign investor, Monday announced the launch of Mubadala Bio, a life sciences company committed to strengthening the life sciences sector in the UAE, and advancing better health outcomes for the UAE and the launch of Mubadala Bio represents a strategic step that reflects Mubadala's commitment - to healthcare resilience, drug security, and the expansion of access to essential, high-quality therapeutics and medical devices - in order to accelerate the UAE's economic diversification and build a knowledge-based Bio's integrated portfolio includes 10 facilities across Asia, Africa, and Europe alongside 6 located within the Emirates, which together serve over 100 the facilities, which span 110,000 square metres, the cumulative annual manufacturing capacity exceeds 2.5 billion tablets and capsules, as well as 120 million IVs and injectables, all enabling the production and global distribution of more than 10,000 Bio's portfolio focuses on key therapy areas that address some of the world's most pressing health needs, and support the full continuum of care - from prevention and diagnosis to treatment, ongoing support, and complementary forging long-term strategic partnerships with global industry leaders and top-tier academic institutions, Mubadala Bio is accelerating biopharma innovation and local manufacturing, cultivating world-class talent and driving accelerated advancements. This holistic strategy spans the full continuum of care by providing integrated disease solutions across prevention, diagnostics, treatment, supportive treatment, and complementary Bakheet Al Katheeri, Chief Executive Officer of Mubadala's UAE Investments Platform, said, "By launching Mubadala Bio, we are taking a transformative step towards strengthening national drug security and fostering innovation in life sciences. This positions Mubadala at the forefront of the industry, enabling us to drive long-term economic growth, build a resilient life sciences ecosystem, and elevate Abu Dhabi's role in delivering impactful health solutions on a global scale.""Through our National Champions, we continue our efforts to accelerate the UAE's economic diversification by investing in priority sectors and support building a knowledge-based economy," Al Katheeri Ali Abdulla, Executive Director of UAE Clusters at Mubadala's UAE Investments Platform, stated that the launch of Mubadala Bio marks a major milestone in the UAE's journey toward global leadership in the life sciences indsutry. He noted that the strategic focus will strengthen local capabilities in development, manufacturing, logistics, and distribution across the supply chain. Focusing on integrated biopharma and pharma logistics, Mubadala Bio aims to support the UAE's Centennial 2071 vision. As part of its launch, it will mark its first physical presence at the Make it in the Emirates 2025, showcasing the UAE's success in building a competitive life sciences industry, and reinforcing its position as a hub for innovation and local manufacturing.
Time Out
12-05-2025
- Business
- Time Out
ClimaTech
ClimaTech, the two-day intensive conference set for May 13-14 at the MGM Music Hall, will feature dynamic panel discussions, kicking off with a keynote speech by Gov. Maura Healey. Open to the public, academia, government, and students, this event will address climate innovation, as attendees engage with leaders driving that impactful change. Following Gov. Healey's addressing affordability in climate tech and how private and public sectors can work together, panels include AI for Earth; Clean Mobility Panel; Bridging Health, Bio, and Climate; and From Vision to Velocity, the closing discussion with financial leaders on how each layer of the capital stack plays a role in advancing climate technologies and infrastructure.
Zawya
07-05-2025
- Business
- Zawya
Sierra Leone's President Julius Maada Bio Receives Annual Public Procurement Compliance Reports, Urges Digital Reforms to Curb Wastage
His Excellency President Dr. Julius Maada Bio has officially received the Annual Public Procurement Compliance Assessment Reports for the years 2020, 2021, 2022, and 2023 from the Chief Executive Officer of the National Public Procurement Authority (NPPA), Mr. Fodie J. Konneh. The reports provide a comprehensive evaluation of public procurement practices across 178 Ministries, Departments, and Agencies (MDAs), local councils, and government-funded projects nationwide. They serve as a critical tool for assessing the effectiveness, efficiency, transparency, and legal compliance of the public procurement system, while also identifying year-on-year progress, persistent challenges, and offering actionable recommendations for improved accountability and value for public spending. Presenting the reports on behalf of the NPPA Board, Management, and Staff, CEO Fodie J. Konneh thanked President Bio for granting audience for the presentation, which fulfills a statutory mandate to prepare an annual report on the overall functioning of the public procurement system, including a profile of procurement activities. Mr. Konneh highlighted that the reports were developed through an evidence-based assessment process, with a focus on compliance with procurement laws and regulations, contract management efficiency, trends in procurement methods and thresholds, and strategic recommendations aimed at strengthening institutional performance. He noted a significant increase in the use of competitive procurement methods, particularly open bidding, which has become more widely adopted across MDAs. Compliance levels have improved steadily, from 40 percent in 2021 to over 60 percent in 2023. However, he acknowledged ongoing challenges, including weak recordkeeping, insufficient procurement planning, and gaps in post-award contract management. The CEO further underscored the NPPA's commitment to driving transformative reforms, noting that since his appointment, the Authority has laid a solid foundation to digitize procurement processes. He explained that embracing digital systems would help eliminate wastage, enhance transparency, and ensure value for money in public expenditures. In his response, President Julius Maada Bio expressed gratitude to the NPPA leadership and staff for their diligence in compiling the reports. He reiterated his government's commitment to maximizing value for public funds through improved procurement practices and welcomed the push for digital transformation in the sector. 'As a government, we are focused on delivering value for money. That's why we have laws and institutions in place to enforce accountability,' the President said. 'I commend your reform efforts, especially in moving procurement activities online, which will reduce physical interaction with funds and minimize wastage.' President Bio acknowledged the resource constraints under which the NPPA operates but praised the team's commitment to controlling public expenditure. He encouraged the Authority to remain vigilant, stating, 'Even when some try to beat the system, your hard work must ensure that integrity prevails.' He also called on the NPPA to mentor the next generation of procurement professionals: 'Use your expertise to guide and train others. This is a statutory function and essential to public service delivery. Your continued hard work in the public interest is vital to avoiding misconceptions about the important work you do.' The presentation ceremony marks a significant milestone in the country's ongoing efforts to institutionalize transparent and efficient public procurement processes that serve the interests of the state and its citizens. Distributed by APO Group on behalf of State House Sierra Leone.
Zawya
25-04-2025
- Politics
- Zawya
Sierra Leone's President Bio Rallies Africa's Push for United Nations (UN) Security Council Reform at C-10 Ambassadors Retreat in Freetown
President Dr. Julius Maada Bio has reaffirmed Africa's united demand for equitable representation on the United Nations Security Council, describing the continent's exclusion as 'a profound historical injustice.' He made the remarks during the opening ceremony of the Retreat of Permanent Representatives of C-10 Member States in Addis Ababa and New York. As Coordinator of the C-10, President Bio underscored the urgency of reform and Africa's growing influence in global peace and security governance. 'This Retreat is not merely administrative,' he told delegates. 'It is a moment of reflection, unity, and renewed commitment to a cause that is not only African, but truly global.' President Bio highlighted major diplomatic milestones over the past year, including Sierra Leone's presidency of the UN Security Council in August 2024—the first time the body debated Africa's under-representation. This was followed by the U.S. backing two permanent seats for Africa (without veto) and the Pact for the Future, which acknowledged Africa's marginalization. 'Recognition is welcome,' he said, 'but it must lead to tangible outcomes.' Delegates are expected to develop three core strategic documents: an AU Model for a Reformed Security Council, a Strategic Roadmap, and an Aide-Mémoire to guide global advocacy. These tools, President Bio said, would equip the C-10 for the next phase with 'greater coherence and persuasiveness.' He also outlined five key imperatives that should guide the delegates' deliberations and actions moving forward: internal unity, targeted diplomacy, clear messaging, unwavering demands based on the Ezulwini Consensus and Sirte Declaration, and sustained high-level engagement. Africa, he stressed, must be granted at least two permanent seats with full rights, including the veto if retained, and at least five non-permanent seats. 'A Council stuck in the paradigms of 1945 cannot address the crises of today,' he said, calling on ambassadors to amplify Africa's voice globally. President Bio proposed naming the Retreat's outputs the 'Freetown Roadmap', a technical and political guide for Africa's final push toward meaningful Security Council reform. He closed by reaffirming Sierra Leone's commitment to the cause and commending the work of the C-10, the African Union Commission, and all partners. 'This Retreat marks a defining chapter in our pursuit of a reformed, just, and inclusive UN Security Council,' he concluded. The Retreat is scheduled for the 25th – 26th April 2025. Distributed by APO Group on behalf of State House Sierra Leone.
Zawya
12-04-2025
- Politics
- Zawya
Sierra Leone's President Julius Maada Bio Reiterates Call for Urgent Reform of the United Nations Security Council, Describes Current Structure as Unacceptable
His Excellency Dr. Julius Maada Bio, President of the Republic of Sierra Leone, has once again urged global leaders to prioritize the urgent reform of the United Nations Security Council (UNSC), emphasizing that the current structure is outdated and no longer representative of the global community, particularly Africa. He made this call while joining fellow Heads of State and Government for the official opening of the Antalya Diplomacy Forum, where he was warmly received by His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye. President Erdoğan thanked all leaders for honoring his invitation and reaffirmed his commitment to global peace and the strengthening of bilateral partnerships. President Bio further advanced his call for the reform during a high-level Presidential Panel Discussion themed 'Reclaiming Diplomacy in a Fragmented World.' Sharing the stage with His Excellency Borut Pahor, former President of Slovenia, and His Excellency Philemon Yang, former Prime Minister of Cameroon and current President of the 79th United Nations General Assembly, President Bio described the current state of the UNSC as 'unacceptable' and called on global leaders to move from denial to decisive action in addressing the Council's inadequacies. President Bio stressed that the structure of the UNSC no longer reflects global realities and continues to marginalize the African continent. 'The fact that Africa, home to over a billion people, does not have a permanent seat at the Security Council suggests that the continent was never considered at the time of its formation,' he stated. He recalled that in the early stages of his advocacy for Africa's representation, there was considerable reluctance from some quarters. However, through persistent diplomacy, dialogue, and collaboration, all five permanent members of the Security Council have now acknowledged Africa's demand for fair representation. Highlighting the need for adaptability in international governance, President Bio warned of the dangers of global inaction and urged the United Nations to embrace reforms that are inclusive, transformative, and peaceful. 'We do not need a Third World War, especially in a world laden with nuclear weapons, if we can instead embrace diplomacy.' President Bio addressed the role of African regional blocs and affirmed that they remain instrumental in maintaining economic activities and promoting peace across the continent. As the Coordinator of the African Union Committee of Ten Heads of State and Government on the Reform of the United Nations Security Council (C-10), he called on member nations to unite and confront the ongoing global challenges, particularly the intensifying war on tariffs. He also reflected on Sierra Leone's own history of civil conflict, underscoring that the brutal war was resolved only through dialogue, diplomacy, and a willingness by all sides to listen. 'Peace is possible. Diplomacy works. I believe it is the answer to any situation that threatens to escalate into violence,' he said. However, President Bio cautioned against blindly emulating models from so-called developed democracies, noting that some of their recent examples are not ideal for nations still consolidating democratic governance. He called for mutual respect and adaptation to a new global order grounded in cooperation, equity, and inclusion. Distributed by APO Group on behalf of State House Sierra Leone.
