UAE Drug Corporation Establishment: Federal Decree Law No. (28) Of 2023

There has been a rise in the demand for medical products around the world. During and post-pandemic the surge in the demand for medicines has only increased which caused more pressure on the supply chain of the healthcare and pharmaceutical industry. However, this poses serious challenges to pharmaceutical and healthcare manufacturers. Nonetheless, this has caused disruptions in the supply chain. The government of UAE has understood the need for a strong and sturdy entity in the pharmaceutical sector. Our lawyers in Dubai are also available to understand this new establishment and its roles.

UAE has robust laws for the healthcare sector and pharmaceutical innovation for a legal framework in the Emirates. In recent years, noteworthy developments have been made in the legal structure of the UAE to incorporate forward-thinking efforts into the cause. The federal decree law in 2023 established the UAE Drug Corporation UDC. This historic law was introduced to promote and enhance the pharmaceutical sector. This progressive effort was made to ensure the availability of premium quality medication and vaccinations to the public in the UAE. Besides, it fosters a conducive environment. As we said above, you can contact our lawyers and legal consultants for further assistance. Our lawyers in Dubai are the leading and recognized attorneys in Dubai.

UDC UAE Drug Corporation is a state-owned legal entity. It operates under the close supervision of the government of UAE and especially the Ministry of Health and Prevention (MOHAP).  There are board of directors of the entity that will oversee the corporation and its activities.

UDC will ensure adherence to the strategic objectives and regulatory compliance. It also takes charge of overseeing its structure and how it functions.

UDC has a centralized database. It is easier for them to track the records of the pharmaceutical products and the pharmaceutical manufacturers. Besides, they will also enforce very strict punitive actions for those who are charged with non-compliance.

Therefore, they access the testing methods, quality assurance, and safety standards in the pharmaceutical industry. The federal decree law of 2023 also reflects a commitment towards innovation, technological advancement, and collaboration in the pharmaceutical sector.

The federal decree law of 2023 on UAE drug corporations (UDC) aligns with the vision to take UAE to the top in the healthcare field. Besides, efforts are made with the broader perspective to encourage excellence in innovation, technology, and cooperation in the healthcare and pharmaceutical sectors.

Furthermore, the main aim of UDC UAE Drug Corporation is to ensure drug security within the boundaries of the UAE.  This will guarantee the constant supply of medicines across the county without any disruptions. This will ensure the availability of essential medication throughout the year without any supply shortages.

These efforts are dedicated to promoting the local pharmaceutical manufacturing industries in the UAE. This will reduce the UAE’s dependency on imported medications. Therefore, the local pharmaceutical production is encouraged to reduce the reluctance on imports.

The introduction of the UAE drug Corporation UDC, is an enhanced regulatory over the healthcare sector. This has streamlined the entire pharmaceutical industry with laws and regulations. Furthermore, it has standardized the procedure of drug approval and the whole process of monitoring.

Besides, it encourages the development of the pharmaceutical industry. More, research drives will be conducted for new drugs and therapies. Innovation and creativity are promoted in collaboration to bring new drugs to the market.

Moreover, it promotes collaborations with academic institutions, research centers, laboratories, and private sectors in the UAE. Once the institutions and corporations will join hands it will allow the pharmaceutical industry to reach new heights in research, development, and innovation.

As a result, UAE Drug Corporation UDC will be able to improve overall public health. It will boost the health community in the UAE with its support programs and initiatives. This will address all the prevalent diseases and a large number of health challenges within the region.

UDC is the law with key provisions that outline the structure, function, and goals. Some of the main provisions include the following:

The main responsibilities of the entity are to regulate the imports, exports, transportation, and distribution of pharmaceutical products within the boundaries of the Emirates. It is the work of the corporation to develop and implement robust policies for the local pharmaceutical industry.

The policies must incorporate the support to the local pharmaceutical manufacturing. This will reduce the dependency on imported medicines.

The entity is also responsible for conducting testing on a regular basis. Besides, the rigorous quality assurance of the drug is necessary which is carefully looked at by them. This testing and quality assurance must meet global international practices.

Moreover, they establish partnerships and collaborate with international companies and research-based organizations. Therefore, this will allow the UAE as a nation to compete with well-known global pharmaceutical companies and worldwide renowned research organizations.

On the other hand, the UAE Drug Corporation UDC has the task of maintaining the strategic reservation. This strategy will allow the UAE to meet the essential medicines and also meet the emergencies. Besides, it also deals with the emergencies and unforeseen shortages that were experienced in the pharmaceutical sector.

Furthermore, UDC offers a greater level of drug security to the pharmaceutical industry.  The UDC joins hands with the health providers and other stakeholders. They generally collaborate to forecast the drug demand in the market. Besides, they often meet and communicate in order to address the drug demand in the healthcare sector.

Nevertheless, they extend their support to innovation, research, and development. It is normally done by facilitating the clinical trials. It is also promoted with the research initiatives that will open new doors for the pharmaceutical manufacturers. They support collaborations with laboratories, universities, research centers, and other research-based organizations.

UDC offers lucrative incentives to those involved in research and innovation to support them. This will be a support to the local pharmaceutical manufacturers to thrive, innovate, and grow. Those local and international pharmaceutical companies and businesses who want to invest in the Emirates will get a kick start with incentives and support from the local government entity named UDC.

Public health initiatives are launched by the UDC to create awareness. It educates the general public to rationally use the medicines. They further work with the healthcare providers and others to assess the affordability of the medication. In this way, they will suggest an appropriate pricing for the medicine.

They play a crucial role in strengthening drug security in the UAE. This helps the UAE to reduce its dependency on international suppliers. UDC promotes the local pharmaceutical companies to innovate, develop, expand, and thrive in the local market. This makes the UAE more resilient and robust towards global supply chain shortages and disruptions.

This makes the UAE ready to meet the upcoming shortages, emergencies, or disruptions as they are working on becoming self-reliant in producing medicines. This prepares them as a nation to combat emergencies, pandemics, and geopolitical conflicts or embargoes.

Ultimately, it boosts the overall economy of the UAE. This results in more revenues for the government as imports have reduced. Nonetheless, this will improve cash flows and will be a source of revenue generation in the long run. This will enhance economic growth and contribute to the country’s GDP.

Our Legal experts in UAE, e.g. lawyers and legal consultants, do provide the legal support services. We do share the latest legal knowledge and laws with readers, but without taking any liability. Because laws are changed with the passage of time. Therefore we always suggest that for the better results, advice and services please book a legal appointment with our lawyers in Dubai. We have leading lawyers in Dubai offering result-oriented legal solutions in all over the UAE.